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#14 | |
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Playmaker
Join Date: Feb 2007
Location: Virginia Beach
Posts: 4,347
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Re: Meet The Candidates: 2012 GOP Thread
Quote:
I've been involved in Gov't contracting for over 20 yrs. Is there fraud, waste and abuse, just like any other gov't program, yes. But it isn't a "gravy train" it's very competitive and contractors often operate on very skinny margins. I would argue that many of the inflated costs in defense contracting are due to BS regulations and requirements. That being said there is more FWA through entitlement programs and Fed loan programs than in defense contracting. The whole point of the post wasn't to start a "cut defense or SS/Medicare" debate, but rather to bring up the point that this isn't good news for Obama....massive layoff notices going out 4 days before an election.
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"I would bet.....(if), an angel fairy came down and said, '[You can have anything] in the world you would like to own,' I wouldn't be surprised if you said a football club and particularly the Washington Redskins.'' — Jack Kent Cooke, 1996. |
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