Newsweek Cover Story: Bush's $87b Mess

[pippin]

In the November 3 issue of Newsweek:

"Numerous Allegations of Overspending and Favoritism Have Surfaced: 'I've Never Seen Corruption Like This by Expatriate Businessmen. It's Like a Feeding Frenzy,' Says Company Director . . .

ix months ago, the Bush administration decided to cut corners on normal bidding procedures and hand over large postwar reconstruction contracts to traditional defense contractors on a limited-bid or no-bid basis. It bypassed the Iraqis and didn't worry terribly much about accountability to Congress. The plan was for a "blitzkrieg" reconstruction. But by sacrificing accountability for speed, America is not achieving either very well right now report Correspondent-at-Large Rod Nordland and Senior Editor Michael Hirsh."


Note: It's Bush's Mess. This is telling it like it is.


http://biz.yahoo.com/prnews/031026/nysu011a_1.html

[bif]

1. Holy shit!

Newsweek, no less! the truth if finally coming out. The media is growing some balls again.

[CBHagman]

2. I'm going to bump this thread...

...and go out and buy the magazine this time.

[Hand]

3. kick again...

:kick: