The big dollar muggings in Washington these days are not done with pistols. The sophisticated weapons of choice are “sole source contracting,” lobbyists, and insiders. And the victims are not tourists, but taxpayers.
Large multinationals game the system using the revolving door between government and the private sector, with the help of aggressive lobbying. There are so many examples, but one is the fourth largest privately- owned company in the United States, Deloitte Touche Tohmatsu Limited, which originated as one of the biggest accounting companies in America.
Today they are masters of the D.C. contracting game with sole source contracting. They are not doing anything illegal, but the end result is that taxpayers and small entrepreneurs are shafted.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
1 comment:
I have done some small contracting jobs for the navy and I knew there was nobody else bidding and I charged about 3 or 4 times what I might normally have charged. I'm not proud of that but it's true and I'm sure it goes on today on a very much larger scale.
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