“Across the nation, local firms can expect to lose billions of economic stimulus dollars to large multinational corporations, thanks to a government contracting scheme that puts paperwork speed ahead of community recovery.
“In Montana, that means qualified building firms are out of the loop, while many millions in federal construction funding will go to a California company that recently earned a stern rebuke for its failures in Iraq – a war-profits scandal that cost taxpayers hundreds of millions of dollars.” (Billings Gazette, Tuesday)
Move over, Halliburton.
FEE Timely Classic:
“Welfare for the Rich” by Robert Murphy