Saturday, February 09, 2013

Ka-Ching!

The right wing blogs and Drudge are hyperventillating about the DHS buying up lots and lots of bullets, but SenseOfEvents has a different take: 

Follow the money.
On Jan. 2, DHS awarded a contract to 
...Evian Group Inc., an organization that was formed just five days before the announcement of the solicitation [in December]. 
As James Smith documents, Evian Group seems to be little more than a front organization and doesn’t appear to have any real business assets, a genuine physical address, a website, or even a phone number.
So not only is the DHS stockpiling decades of war's worth of ammunition - which means literally centuries of DHS usage - it's doing so through front companies that come into being to collect the contract checks and presumably disappear once the checks have been written....
So how much is the "markup" in this scandal?

What ultimately happens to that 40 percent markup?
Heck, sounds like they are taking lessons from the Philippines.

Except that the usual take here is 10 to 20 percent: When the Broadband scandal hit here, one whistle blower did so because he thought the 40 percent skim was turning to the dark side.

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Update: the Philippine whistleblower on the $300 million broadband scandal will be prosecuted for a shady deal over leasing 6 hectacres of land, probably worth one thousanth of the plot he testified on.
And those accused of the broadband scandal will get away with it, of course.

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Update 2: lots of stuff in the comments on Rantburg

Freepers post a letter from a Republican congressman's staffer who says they ordered in bulk to save money, so stop being paranoid. 

As for me: Don't ask me: I'm a doctor and only know how to stablize and transfer gunshot wound victims.
I suspect it is a tempest in a teapot by the right who see black helicopters behind every Medevac flight, but granting the contract to a newly formed shell company makes me wonder if Rev Sensing is right, and corruption is involved, or maybe someone is using it to cover up another gun smuggling kerfuffle, as Fast and Furious, or in Benghazi...

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