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Wednesday, June 12, 2013

Booz Allen Hamilton: This “Private” Company Earns 99% Of Its Revenue From The U.S. Government

One of the most dangerous things happening in America today is that so called “private” companies are doing much of the government’s dirty work, completely in the shadows and with essentially zero accountability. Booz Allen Hamilton, the defense contractor that employed whistleblower hero Edward Snowden is one of them. Recall that Booz Allen is the contractor that journalist and activist Barrett Brown was thoroughly investigating when he was arrested last year. In the past couple of days, both Bloomberg and the New York Times have written stories on this shady company and some interesting facts have emerged. One of the most telling is this excerpt from Booz Allen’s annual report:

“Because we are limited in our ability to provide information about these contracts and services,” the company said in its latest annual report, “you may not have important information concerning our business, which will limit your insight into a substantial portion of our business, and therefore may be less able to fully evaluate the risks related to that portion of our business.”

More from Bloomberg:

There’s a company near Washington with strong ties to the U.S. intelligence community that has been around for almost a century and has secret ways of making money — so secret that the company can’t tell you what they are. Investors who buy just need to have faith.

More

7 comments:

Anonymous said...

Almost all minority companies get 100% of their profit from the government , whether it' state federal or local.

Anonymous said...

B A H is not even close to a minority company. Was founded and run by ex CIA/NSA top brass.

Anonymous said...

The more I read about them the more they seem like the Monsanto of the intelligence community. Another example of a revolving door from corporation to high ranking government post and back.

Anonymous said...

Notice the people in charge who run it are all politically connected and worked in DC all their lives and once again your tax dollars at work paying their huge salaries.

Drew said...

Which party is it that advocates turning everything over to the private sector? Let's think that over. Anyone got the answer?

Anonymous said...

Drew are you still playing the party game. Haven't the last 12 years proven it doesn't matter what fake party is in charge, the agenda is the same. Our government has been infiltrated by the corporate, banking, and military interests of a few elite to control and inventory EVERYTHING in our lives. They want us playing the republican / democrat, ravens/ steelers "my team is better" game, instead of the fleecing of our constitution, funding and creation of so called enemies, and planned demise of our economy. We are all victims of compartmentalism and have to wake up and see the big, sick, crazy picture for what it is. I Timothy and Mark 24 sum it up pretty well.

Anonymous said...

well said 1;31,let the minions play the party game.