CityTime SAIC Scandal Campaign Donations Obama McCain

http://veritasvirtualvengeance.com/2012/02/26/saic-banks-billions-from-top-secret-america-millions-to-put-dhs-in-an-asylum/

Scroll down until u see this and folks I think debt 17 trillion -- aren't u glad we bailed out banks and apparently NYC tax payers bailing out defense contractors and all companies we do biz with us confident they can over ride budget by mega millions to billions. I am posting from phone so hyper links don't work - go to link above -- hard to read go to mayor Bloomberg king of NY blog. Also from Suzannah -- any familiar names besides Deb Alderson sell off stocks that r connected to NYC gov. ? New concern is Cuomo jockeying to give cart blanche to campaign donors he wants support for White House run down the road.
"$15 trillion national debt.

U.S. Debt Clock

One of the hundreds of “security contractors” feeding at those troughs is SAIC – formerly Science Applications International Corporation. Headquartered in McLean VA, SAIC is “a Fortune 500 scientific, engineering, and technology applications company working in national security, energy and the environment, critical infrastructure, and health”. The company’s 46,000+ employees serve the Department of Defense (DoD), the intelligence community, the Department of Homeland Security (DHS) and other federal government agencies. SAIC had revenue of $11.1 billion for its fiscal year 2010.

Top Secret America SAIC

Since 1995 SAIC has contributed over $3.8 million to political campaigns, split evenly between Democrats and Republicans, with Barack Obama and John McCain being the top recipients. That amount is eclipsed by the more than $24 million they’ve invested in lobbying since 1997. And over that same period, SAIC’s penalties for federal contractor misconduct have far exceeded their pay-to-play payola: SAIC paid a $24.9 million settlement for rigging bids on General Services Administration (GSA) contracts, $5 million to the Air Force for false claims and defective pricing, and all told over $32 million for a dozen different instances of government fraud, ethics and other violations. Of course, all their penalties and payola combined is chump change compared to the more than $63 billion in defense, security and other federal contracts SAIC has bagged over the past ten years.

SAIC Campaign Finance Information

Federal Contractor Misconduct Database

Prime Award Spending Data

Apparently its all forgive and forget at the GSA, because just last week they awarded SAIC a $5 billion telecom systems contract – forgiving their history of bid-rigging, and forgetting that the City of New York recently demanded a $600 million refund on the botched and corruption-riddled “CityTime” system that SAIC installed for them.

SAIC Awarded $5 Billion Telecommunication Contract

Bloomberg to SAIC: New York City

Walter P. Havenstein CEO Letter to SAIC"