"There You Go Again" - Does the Fourth Estate Even Try to Get it Right When it Comes to Government Contracts?

The influential inside-the-Beltway newspaper and website Politico "reports" in its May 26th edition that, as the Administration is "following through" on its campaign pledge to cut wasteful Pentagon spending, it is finding that "the price is high." Politico, May 26, 2009 at 14. Well, OK, as a well worn bumper sticker says “Choices have consequences,” and the choice to cancel a contract is no exception to that rule. But the story's headline and subheadline presage Politico’s insidious and inaccurate message.

Pentagon Shells Out for Work Undone:

Despite spending cuts contractors get 'termination' pay....

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