Call Me Stormy

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Archive for the tag “passthroughs”

O’Keefe Fingers Federal Fraud

James O’Keefe opens a new series, showing how minority-owned contractors have bilked the federal government out of billions of dollars.

The O’Keefe Media Group says these contracts, many of them issued without a clear bidding process, have involved passthroughs, shell companies and other related schemes to bilk the taxpayers. O’Keefe estimates the amount of money involved totals $100 billion, representing perhaps 5 percent of the annual federal budget.

If the series generates a positive response, and taxpayers’ income  is returned or saved, we recommend spending the first $100 on getting new wigs for O’Keefe. His disguises are looking rather ratty these days!

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