Today's Business Week features an investigation on Congressional earmarks, finding that (shock number 1) defense companies dominate the list of corporate recipients and (shock number 2) the navy used earmarks to buy a posh G550 to shuttle around the Chief of Naval Operations and the Secretary of the Navy.
I applaud the magazine for shedding light on the dark subject of extra-budgetary hand-outs to PAC-giving defense companies, but, please, a measley $50 million for a C-37 is your symbol of unnecessary government spending? Why not first bust lawmakers for continuing to earmark more than two-thirds of the navy's science and technology spending, including funds for examing cold fusion (cold fusion!!!!!) as a potential energy source?
Don't forget to download The DEW Line's database of PAC spending by the seven largest defense companies during the first six months of 2007. Here is the document: Download file
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