Thursday, October 11, 2007

House Bill to Make War Profiteering Illegal

The House overwhelmingly passed a measure Tuesday that would prohibit “war profiteering” by contractors.

  CQ.com

Oh, really? What’s the catch

[C]ontractors can only be convicted if they are proven to have had an intent to defraud.

Well, that’s a fairly worthless piece of legislation, then, isn’t it?

Three bold reps actually voted against it.

Thomas M. Davis III of Virginia, the ranking Republican on the Oversight and Government Reform Committee, whose district includes many defense companies, said the legislation took “political potshots at contractors.” Moreover, he said, it might have “unintended consequences,” including criminalizing mere overpricing.

”Mere” overpricing. Like the company that was charging $99 per bag of laundry for the soldiers who were prohibited from doing their own? (If you haven’t seen “Iraq for Sale”, check it out.)


....but hey, do what you want....you will anyway.


No comments:

Post a Comment

Comments are moderated. There may be some delay before your comment is published. It all depends on how much time M has in the day. But please comment!