Monday, December 25, 2006

Millions in waste linked to Pentagon

Just when we thought the Military would start doing things right and quit wasting more of our money, they start again

http://www.kansascity.com/mld/kansascitystar/news/politics/16314073.htm

NY times " These poor contracting practicing have left the Defense Dept. vulnerable to fraud. waste amd abuse and vulnerable to sactions and the loss of public trust." More then 1/2 of the contracts were awarded without competition or without checks to determine thatt he prices were reasonable. 92% of the work reviewed was awarded without verifyingthatthe contractors cost estimates were accurate. 96% were inaccurately monitored.
http://query.nytimes.com/gst/fullpage.html?res=950DE0D91331F932A25751C1A96F948260<
''These earmarks frequently have little direct relation to genuine defense needs,'' the report said.

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