Friday, October 21, 2011

$110 Billions Defrauded by Military Contractors Yearly

US Military Paid $1.1 Trillion to Contractors That Defrauded the Government
Mike Ludwig, Truthout: "The Pentagon has paid $1.1 trillion to hundreds of defense contractors and their parent companies that have defrauded the government over the past ten years, according to a Department of Defense report released Thursday.... The Department of Defense reported that it has sanctions in place and several contractual and administrative "remedies" are available to deal with contract fraud, but the report admits that 'it is unclear, however, that these remedies are sufficient.'"
Read the Article

Put the Military/Industrial Complex executives into FEMA concentration camps until they prove innocent. A first step would be to return the $1.1 trillions as chump change.

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