Tuesday, September 13, 2005

Scotsman.com News - Hurricane Katrina - Firms cash in on Katrina windfall

Destroy the city, spend public money to fund your own private contractors to rebuild.
Yeah, that's Bushco at work.


"Hundreds of millions of dollars in no-bid contracts have already been let and billions more are to flow to the private sector in the weeks and months to come.

Congress has already appropriated more than $62bn for an effort that is projected to cost well over $100bn.

Some experts warn that the crisis atmosphere and the open federal purse are a bonanza for lobbyists and private companies and are likely to lead to the contract abuses, cronyism and waste that numerous investigations have uncovered in post-war Iraq.">Scotsman.com News - Hurricane Katrina - Firms cash in on Katrina windfall."