when you keep getting rewarded for failing, makes ya kind of wonder what failing has to do with success?????? is failing the desired goal??? hmmmm.....i am a tin foil hat kinda gal so where i go with this is to intent. when all our money is gone and everything is broken, then what???
hmmmm.....
How the IRS failed to stop $200M in bogus refunds
Posted 12/4/2006 11:23 PM ET
By Kevin McCoy, USA TODAY
At least two months before the IRS mistakenly began paying an estimated $200 million in fraudulent or erroneous 2006 tax refunds, the agency was warned about potentially "catastrophic" problems in a new computer being developed to avert such a blunder.
........The IRS decided to upgrade the then-6-year-old computer in 2001
to keep pace with new refund fraud schemes and to enable investigators to use
the system via the Internet. Nine companies bid on the upgrade, the IRS said.
DynCorp, a computer firm based in Reston, Va., won. In 2003, California-headquartered Computer Sciences Corp. (CSC) acquired DynCorp, and
became the main contractor.
full article
U.S.-trained Afghan police force is failing, report says
By James Glanz and David Rohde / The New York Times
Published: December 4, 2006Five years after the fall of the Taliban, a joint report by the U.S. Defense Department and the U.S. State Department has found that the American-trained police force in Afghanistan is incapable of carrying out routine law enforcement work. The report has also concluded that managers of the $1.1 billion training program cannot say how many officers are actually on duty or where thousands of trucks and other pieces of equipment issued to police units have gone.
.......Those experts also questioned why the principal contractor in Afghanistan, the American company DynCorp International, escaped direct criticism in the report, which focused on U.S. government managers.
full article
and now after all that failure comes the next reward.......wheeeeeeeeeee........ i bet the Iraqi people are looking forward to another round of failure and war profiteering at their expense.
The Associated Press December 18, 2006, 10:18AM EST
DynCorp wins $4.65B linguist contract
FALLS CHURCH, Va.
DynCorp International said Monday it received a five-year, $4.65 billion contract from the U.S. Army to provide translation and interpretation services in support of the Iraq War. DynCorp beat out L-3 Communications Holdings Inc., which inherited the contract when it bought Titan Corp. in 2005. L-3 had expected to win the extension and cut its fiscal 2007 financial guidance to reflect the loss of anticipated revenue. DynCorp will handle the contract through a joint venture formed with McNeil Technologies called Global Linguistic Solutions LLC. DynCorp owns 51 percent of GLS.
DynCorp shares surged $2.31, or 17 percent, to $16.22 in early trading on the New York Stock Exchange. Investors punished L-3 for the loss of the contract and lower guidance, taking $5.18, or 6.2 percent, off its shares on the Big Board, to $78.54.
full article
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