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I wonder. With Rummydummy saying we're doing everything we can to get more armoured vehicles to Iraq, and armoured vehicle manufacturers saying they aren't even at capacity, one has to wonder why? Is it lack of money? Well, the appropriation seems adequate, but when you get into 100s of billions, it's all pretty mindboggling anyway.
I'm wondering if the issue isn't cash flow and its impact on economic indicators. Once the items are delivered, cash has to exchange hands. What if the govt doesn't have the cash at that time? They have to go into short term borrowing, until taxes are collected and they can exchange the note for cash. This can wreak havok on all sorts of indicators - *especially on the eve of an election.*
So what do you do? You delay payment by delaying ordering. Oh, maybe you put in an encumbrance to "prove" you're doing something, but you fiddle with contract language, or change the specs or do just about anything to prevent actual delivery of the goods. Because once it's delivered, you have to pony up the cash.
Is the Bush administration gumming up the delivery of armoured vehicles to further mask the true condition of the American economy and the impact of this False War? I just wonder . . .
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