War on Terror: good for business!

[Vronsky]

Maybe review your stock portfolio, guys:

"US arms-control experts are expressing concern that the need for allies has made Washington more willing to sell dangerous weapons to countries previously shunned owing to poor human-rights records, nuclear-proliferation activities and suspected links to terrorism......"

Originally posted by Vronsky
Maybe review your stock portfolio, guys:

"US arms-control experts are expressing concern that the need for allies has made Washington more willing to sell dangerous weapons to countries previously shunned owing to poor human-rights records, nuclear-proliferation activities and suspected links to terrorism......"

GE, Raytheon and Teledyne are my top performers.

Ironicly it appears Europe benefitted nicely from pre-war iraq so it's our turn.

[Vronsky]

Originally posted by MedMech
GE, Raytheon and Teledyne are my top performers.

Ironicly it appears Europe benefitted nicely from pre-war iraq so it's our turn.

The irony will get even better when these weapons end up in the hands of the terrorists and turn against you.

[Zeitgeist]

Corporate criminals one and all: Time for a little "three strikes and yer out!!"

"A study by the Project on Government Oversight, a public interest group, has found that major U.S. corporations who get billions of dollars of government contracts are guilty of cheating on these contracts and ripping off the taxpayer. The Project studied the criminal histories of these companies and found that many had engaged in adjudicated fraudulent activities (some criminal)Ñmany of them three or more times.

The study found that General Electric had defrauded the government 16 times since 1990. An easy way to punish companies in the habit of ripping off the taxpayer is to establish a three-strikes principle that any corporation caught defrauding the government three times or more would no longer be eligible for government contracts. This would disqualify an impressive roster of fraud-tainted losers from receiving government contracts, including Boeing (4), Grumman (5), Honeywell (3), Hughes Aircraft (9), Martin Marietta (5), McDonnell Douglas (4), Northrop (4), Raytheon (4), Rockwell (4), Teledyne (5), Texas Instruments (3) and United Technologies (3)."

[Vronsky]

Originally posted by Zeitgeist
Corporate criminals one and all: Time for a little "three strikes and yer out!!"

"A study by the Project on Government Oversight, a public interest group, has found that major U.S. corporations who get billions of dollars of government contracts are guilty of cheating on these contracts and ripping off the taxpayer. The Project studied the criminal histories of these companies and found that many had engaged in adjudicated fraudulent activities (some criminal)Ñmany of them three or more times.

The study found that General Electric had defrauded the government 16 times since 1990. An easy way to punish companies in the habit of ripping off the taxpayer is to establish a three-strikes principle that any corporation caught defrauding the government three times or more would no longer be eligible for government contracts. This would disqualify an impressive roster of fraud-tainted losers from receiving government contracts, including Boeing (4), Grumman (5), Honeywell (3), Hughes Aircraft (9), Martin Marietta (5), McDonnell Douglas (4), Northrop (4), Raytheon (4), Rockwell (4), Teledyne (5), Texas Instruments (3) and United Technologies (3)."

I this part of the world, an individual with a criminal record usually cann't even get a government-paid job anymore...