The cost of defense contracting surged to $400 billion annually in 2008, while prosecutions by the Justice Department of defense contracting fraud fell by 76% during the years President Bush was in office. And until last year there was no independent oversight of where money for defense contractors in Afghanistan was going. If the U.S. military presence in Afghanistan increases, it will need the support of military contractors—many of whom have operated with little oversight. We’ll talk with staff writer for the Center for Public Integrity and American University Fellow Nick Schwellenbach about the problem.
Guests:
Nick Schwellenbach
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Comments [1]
Just wanted to add a small tip on creating a recession proof career. It would be a good idea to plan out your career or business by considering government contracting. This is a very lucrative financial opportunity that can help you stabilize financially and increase your income flow if it is done the right way.
If this is something that you are interested in to put an end to your financial worries, get yourself registered with the Central Contractor Registry which is a federal clearing house for vendors and small businesses too. Also identify a product or service that you can supply to the government and which the government needs in order to get a contract.
You can win such billion dollar contracts and secure your career or business better even during this phase of recession.
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