Pentagon wasting US taxpayers’ money on mercenaries

This video from the USA says about itself:

How Many Taxpayer Dollars Can The Pentagon Waste In A Year?

6 December 2016

Much of the Pentagon’s waste is due to contractors, which is a nice word for mercenaries. Their salaries are much higher than normal soldiers, and the owners of these private military companies have to get their cut of your tax dollars too. Cenk Uygur and John Iadarola, hosts of The Young Turks, break it down.

“The Pentagon has buried an internal study that exposed $125 billion in administrative waste in its business operations amid fears Congress would use the findings as an excuse to slash the defense budget, according to interviews and confidential memos obtained by The Washington Post.

Pentagon leaders had requested the study to help make their enormous back-office bureaucracy more efficient and reinvest any savings in combat power. But after the project documented far more wasteful spending than expected, senior defense officials moved swiftly to kill it by discrediting and suppressing the results.

The report, issued in January 2015, identified “a clear path” for the Defense Department to save $125 billion over five years. The plan would not have required layoffs of civil servants or reductions in military personnel. Instead, it would have streamlined the bureaucracy through attrition and early retirements, curtailed high-priced contractors and made better use of information technology.”

Read more here.

‘THE MARTIN SHKRELI OF DEFENSE CONTRACTING’ Here’s how monopolist TransDigm could be fleecing the Pentagon. [HuffPost]

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