Submitted by NLPC Staff on Sun, 05/18/2014 - 21:05
Washington's metaphorical "revolving door" keeps on spinning. A recent case involving a former Air Force procurement official is at the center of a high-stakes dispute over the launching of rockets into space, and the huge contracts that go with them.
From March 2011 to January of this year, Roger "Scott" Correll (in photo) was the official at the Pentagon responsible for procuring launch services from private companies. One of his last official acts before his "retirement" in January was to oversee a deal with a company called United Launch Alliance (ULA) for a whopping 36 future launches. ULA is a joint venture of Boeing and Lockheed.
Taxpayer-supported Tesla, recipient of a $465 million stimulus loan guarantee to produce yet another electric toy car (the Model S) for rich people, reported its 4th quarter earnings last week. The word from billionaire CEO Elon Musk (Flickr photo: Jurvetson) was, “we’ll do better next quarter – promise.”