View Story | 33 comments
Comments: Expand Shrink Hide (Always) | Indented Flat (Always)
But the deck was stacked the other way this time around. McCain was determined to undercut Boieng's bid, regardless of the merts. He knew tehy couldn't compete on price due to European subsidies, and also knoew about the WTO complaint the US filed over them.
by Hesiod on Tue Mar 11, 2008 at 07:53:15 AM PDT
[ Parent ]
"lease" deal and seen in the context of 6 or 8 years reveals the FUBAR nature of government procurement and the role of K Street.
Just as soon as the Ossetia war broke out, Dubya canceled a trip to Atlanta . . .
by Bill White on Tue Mar 11, 2008 at 08:03:09 AM PDT
they can't compete because of the "military subsidies" (billions of dollars) Boeing and co receive from the US government and that they're just levelling the playing field...
Gore-Warner in 08!
by Frederik on Tue Mar 11, 2008 at 08:22:14 AM PDT
by Hesiod on Tue Mar 11, 2008 at 09:38:16 AM PDT
subsidizing a company through overfunding their military research which give a cash boost to the entire company (also its civilian departments). It's a hiden capital injection.
by Frederik on Tue Mar 11, 2008 at 10:33:20 AM PDT
wide narrow
View Story | 33 comments