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Reply #11: Maybe that was one of the considerations of former President and General Eisenhower when he [View All]

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Uncle Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-06-09 01:35 PM
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11. Maybe that was one of the considerations of former President and General Eisenhower when he
Edited on Tue Oct-06-09 01:36 PM by Uncle Joe
gave this farewell address speech.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=385x383219

"The sad truth of the matter is that virtually every major defense contractor in this country has, for a period of many years, been engaged in systemic, illegal, and fraudulent behavior, while receiving hundreds and hundreds of billions of dollars of taxpayer money," the independent senator from Vermont explained in a floor statement last week. "We're not talking here about the $53 million that ACORN received over 15 years. We're in fact talking about defense contractors who have received many, many billions in defense contracts and year after year, time after time, violated the law, ripping off the taxpayers of this country big time. And in some instances, these contractors have done more than ripping off the taxpayers. In some instances, they have endangered the lives and well being of the men and women who serve our country in the armed forces."

<snip>

"According to the Project on Government Oversight, a non-partisan, widely respected organization focusing on government waste, the three largest government contractors, Lockheed Martin, Boeing, and Northrop Grumman, all have a history riddled with fraud and other illegal behavior. Combined, these companies have engaged in 109 instances of misconduct just since 1995, and have paid fees and settlements for this misconduct totaling $2.9 billion. Let me repeat that - these three companies, Lockheed Martin, Boeing, and Northrop Grumman, have engaged in 109 instances of misconduct just since 1995, and have paid fees and settlements for this misconduct totaling $2.9 billion," said the independent senator.

Then Sanders added "the kicker: Despite violating the law time after time after time; despite being fined time after time after time -- Guess what? In 2007, their punishment was... $77 billion in government contracts, $77 billion in government contracts."


I only wanted to bold the most vital, select, critical words but I couldn't isolate them.

Kicked and recommended.

Thanks for the thread, babylonsister.
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