Pentagon Charged $1Million for Nuts & Bolts

Discussion in 'Current Events' started by Pani, Aug 17, 2007.

  1. macrumors member

    Pani

    Joined:
    Jul 30, 2007
    Location:
    Chicago
    #1
  2. macrumors 6502a

    Mavimao

    Joined:
    Feb 16, 2005
    Location:
    Lyon, France
    #2
    Wow, I love where my hard earned tax dollars are going towards.
     
  3. macrumors 603

    whooleytoo

    Joined:
    Aug 2, 2002
    Location:
    Cork, Ireland.
    #3
    While this is utterly ridiculous, I'm curious how this amounts to fraud. Aren't they entitled to charge whatever they choose, and if the Pentagon decides to pay it, it's their own fault.
     
  4. macrumors 68030

    nbs2

    Joined:
    Mar 31, 2004
    Location:
    A geographical oddity
    #4
    Government contracts have abuse prevention provisions to prevent things like this from being gotten away with. The goal is to keep the supply chain from being held up by red tape, so oversight takes place more after the fact than before. Since there is such an opportunity for abuse and, as these women have shown, people willing to abuse, contracts are written with protection.

    The mistake that these women made was that it is a lot better to rip off a private company than it is the government. Both will incur civil fines and criminal penalties, but the government will come down on you like a ton of bricks. When I was working for the government, we had an employee that stole a couple hundred K. By the time the various parts of the government are done with him, he could be down a few million (plus jail time).
     
  5. thread starter macrumors member

    Pani

    Joined:
    Jul 30, 2007
    Location:
    Chicago
    #5
    The Great Iraq Swindle

    Wow! What a great article by Rolling Stone!

    http://www.informationclearinghouse.info/article18261.htm

    It talks about all the contractors who ripped off Uncle Sam who were protected by the current administration. Really after reading this, I am speechless and disgusted. And what took MSM so long?
     
  6. macrumors G4

    dmw007

    Joined:
    May 26, 2005
    Location:
    Working for MI-6
    #6
    Outrageous, simply outrageous. I hope she rots in jail. :mad:

    Unless of course, those nuts & bolts were of such high quality to merit such a price. ;)
     
  7. Moderator emeritus

    mkrishnan

    Joined:
    Jan 9, 2004
    Location:
    Grand Rapids, MI, USA
    #7
    It doesn't sound like they're going to get a lot of the money back... they're probably getting cents on the dollar for auctioning all that junk off, and then there's anything that is non-tangible that was purchased....le sigh. And she gets a 20 year hotel stay with the government.
     
  8. macrumors 68000

    mcarnes

    Joined:
    Mar 14, 2004
    Location:
    USA! USA!
    #8
    Isn't nuts and bolts slang for a BJ? If that's the case then they waaaay overpaid.
     
  9. macrumors 6502

    GavinTing

    Joined:
    Sep 4, 2007
    Location:
    Singapore!
    #9
    Very well said. Plus, no matter what anyone says, they are the government, and they can find you, even if it means not going by constitutional means..

    IMO, they were too greedy in this case.. Perhaps take 10 million, convert to cash, and run to switzerland to live with a million cows.. :p
     
  10. macrumors 65816

    CorvusCamenarum

    Joined:
    Dec 16, 2004
    Location:
    Birmingham, AL
    #10
    Not much better than the infamous $700 hammers and $800 toilet seats from the 80s.
     
  11. macrumors G3

    Counterfit

    Joined:
    Aug 20, 2003
    Location:
    sitting on your shoulder
    #11
    It was the shipping that they went to town on.us $997k to ship a pair of 30-odd cent washers. I guess it would be legit if they were hand-delivered in the Holy Grail with platinum packing peanuts.
     
  12. macrumors 604

    GFLPraxis

    Joined:
    Mar 17, 2004
    #12
    While it's certainly criminal and certainly punishable...20 years in prison?

    I dunno, I mean, people have gotten that much time for murder.

    I'd say just make them pay as much back as possible, and sentence them based on whatever is left...
     
  13. macrumors 68000

    Bern

    Joined:
    Nov 10, 2004
    Location:
    Australia
    #13
    I can see the conversation now:

    Accountant: "Oh my gosh Mr President we have been billed $1 million for nuts and bolts! How are we gonna pay for it? Oh my gosh! Oh my gosh! It wasn't my fault sir I didn't even realise....

    President: "Get a hold of yourself. Just keep it together"

    :p
     
  14. macrumors Penryn

    Abstract

    Joined:
    Dec 27, 2002
    Location:
    Location Location
    #14
    Meh, it's not the first time a customer got screwed.
     

Share This Page