" ...the links among corporations, institutions, and government officials that profit from endless war. The US War of Terror is not about liberation, democracy, or UN resolutions. Plainly put, the War of Terror--whether in Iraq, Colombia, Afghanistan, or the USA--is about subjugation, resource extraction, and opening markets: a practice once referred to more honestly as colonialism. "

Wednesday, December 19, 2007

Most Corrupt Profiteer #4: Philip M. Condit

“Chairman and CEO Boeing


Aside from 747s, Boeing makes "smart" bombs, F-15 fighters, and Apache helicopters. Boeing has paid tens of millions in fines for selling flawed parts that led to thousands of unnecessary landings and at least one fatal crash
.”

According to Pentagon spokeswoman, Victoria Clarke, the statistics of the 12,000 bombs dropped in Afghanistan, 60%, or 7,200 were precision guided, while the rest were laser or satellite guided cruise missiles. The JDAM (joint direct attack munitions) “smart” bombs made by Boeing are relatively inaccurate and not as successful as they’re claimed to be. “the precision JDAMs have repeatedly missed their targets; crashing into a residential neighborhood near the Kabul airport on October 12th and killing at least 10 civilians, falling off target and killing three American soldiers on December 5th, and wounding five Special Forces soldiers a week earlier.” However, despite this, the Pentagon refuses to acknowledge the ineffectiveness and somewhat potentially dangerous recoil that the JDAMs are, with Boeing having received two separate orders of over 1000 JDAMs each.

On a similar weapons fraud case, Boeing intended to lease 100 Boeing 767 planes for a duration of 10-years, with their Office of Management and Budget suggesting that the lease plan would cost $22 million, along with the unaccounted for $600 million cost of changing existing hangers to house these planes. However, it is noted that buying the plane directly would only cost $15 million, which Boeing had charged an extra $7 million for.

Sources:

http://www.ruckus.org/warprofiteers/cards/clubs/nine.html

http://en.wikipedia.org/wiki/Jdam

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