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Still wonder where your taxes go . . . ?

Four of the seven top U.S. Coast Guard officers who retired since 1998 took positions with private firms involved in the Coast Guard’s troubled $24 billion fleet replacement program, an effort that government investigators have criticized for putting contractors’ interests ahead of taxpayers’.
They weren’t the only officials to oversee one of the federal government’s most complex experiments at privatization, known as Deepwater, who had past or subsequent business ties to the contract consortium led by industry giants Northrop Grumman and Lockheed Martin.


Deepwater—is that name just a coincidence?

The Treasury is being looted here. The taxpayer is being fleeced,” Rep. Stephen F. Lynch (D-Mass.) said in a House hearing into Deepwater earlier this year.

Personally—I do not like being looted.

Do you?

Many years ago officers would get an outstanding leadership training and educated in ethics.

Is this education now also in deep water?

Are the chosen ethical guidelines worth the paper written on?


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