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http://www.lewrockwell.com/taibbi/taibbi20.1.html

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“Privatization” gives privatization a bad name

Distributed Republic
by Jacob Lyles

05/27/10

The worst contractors prosper primarily through the exercise of political influence. In return for campaign contributions and other kickbacks, political leaders are only too happy to shower them with taxpayer money for subpar levels of service. Skeptics of the free market witness the ignoble cycle created by so-called privatization and are further soured on capitalist ideology. They reason that government agencies can’t be more corrupt or inefficient than a contracting process that awards billion dollar no-bid contracts to the Vice President’s former employer...

http://tinyurl.com/2e3qg3o


Informant: Thomas L. Knapp



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