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Return to Article: Democrats increase pressure on overseas contract fraud

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  Credentialing suppliers/licensors such as Lockheed Martin, Saflink, HID, Gemplus, Digimarc, etc.--biometric smart card suppliers all committed fraud in Russia. After securing US contracts every single one of these companies within a year and sometimes as soon as 2 weeks was paid by the Putin-run Kremlin for a phony contract. The contracts were phony because none of our credentialing suppliers supplied Russia with their products, yet, they were paid! This made the payments payoffs for instead providing source code that allows Russia to move spies, contraband, etc. through our land, sea and air borders (CBP/WHTI/ICE initiatives), throughout the U.S. (TWIC--transportation worker ID, Registered Traveler, Maritime ID, RR ID, etc.) and right into the Pentagon (military ID). This has happened across the board in other industries, too.

  By removing the provision that permits contractors engaging in fraud overseas to benefit in the U.S., every company with business in Russia will become disqualified to do business with Uncle Sam. This is the lion's share of our Goliath defense contractors! Good riddance! It's time for the goliaths w/rudimentary ideas that bribe their way to US contracts while companies with good ideas go out of business, to pay the piper for being Russian spies!

  Dawn Posted April 18, 2008 10:36 AM
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  Democrats beat Republicans with the highest amount of personal investment in the contractors presently working in Iraq. Democrats have the most money to lose from contractor fraud.

  I do not mind them making money on this necessary war, a war that they supposedly do not support? But they need to stop under-funding the VA, the fiscal year 2009 begins this Oct 1st 2008, and once again the VA is grossly under-funded. Our troops must know now that when this mission is accomplished, as our new generation of Veterans, their GI Bill will be no less than that of WWII.

  Pat Smith Posted April 9, 2008 7:55 AM
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  Maybe I am cynical but when you are dealing with $100 billion dollars, I think it is safe to assume that some fraud is going to exist. I am not sure that $14 million in fraud has been detected is a newsworthy event. Discovering 0.014% of fraud is ridiculous. I am sure the inspectors travel and salaries was in excess of $14 million to detect this fraud. Here is an idea, force contractors to pay US taxes if fraud is discovered overseas on the amount of the contract and don't make the fine a deduction. Fraud is also all of the us companies that owe the government money and taxes that don't currently pay them anyway.

  TruthFighter Posted April 8, 2008 4:37 PM
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  While both Democrats and Republicans have holdings in the defense contractors presently working in Iraq, the largest amount of money invested is by Democrats, here is just a few of them, Clinton just sold her stock in 2007. Kerry (D-Mass) Kennedy (D-Mass) Pelosi (D-Calif) Rockefeller (D-W. VA) Harman (D-Calif) Farr (D-Calif) Berman (D-Calif) Lieberman (I-Conn) "Overall, 151 members hold investments worth $78.7 million to $195.5 million in companies that receive defense contracts that are worth at least $5 million. These investments earned them anywhere between $15.8 million and $62 million between 2004 and 2006, the center concludes. Kerry, D-Mass., a member of the Senate Foreign Relations Committee, is identified as earning the most - at least $2.6 million between 2004 and 2006 from investments worth up to $38.2 million." ( USA Today 03-04-08) It is the Democrats that have the most to loose from contractor fraud. I do not mind them making money on this necessary war, a war that they supposedly do not support? But they need to stop under-funding the VA, the fiscal year 2009 begins this Oct 1st 2008, and once again the VA is grossly under-funded. Our troops must know now that when this mission is accomplished, as our new generation of Veterans, their GI Bill will be no less than that of WWII.

  Pat Smith Posted April 8, 2008 4:11 PM