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NSA Leaker's Former Employer Makes $5.8 Billion Almost Entirely Off Taxpayers
Big Government ^ | 6/13/2013 | Wynton Hall

Posted on 06/13/2013 5:41:43 AM PDT by markomalley

Private equity titan Carlyle Group, which has over $176 billion in assets, has a 67% stake in Booz Allen Hamiliton, the 24,500-person firm who hired the man responsible for the major National Security Agency (NSA) leaks, Edward J. Snowden.

The New York Times says the government’s increasing reliance on private contractors like Booz Allen has created a revolving door through which former government workers pass.

“Thousands of people formerly employed by the government, and still approved to deal with classified information, now do essentially the same work for private companies,” notes the Times. “Mr. Snowden, who revealed on Sunday that he provided the recent leak of national security documents, is among them.”

As U.S. budget cuts have taken hold, Booz Allen has shopped its cybersecurity services to Middle Eastern companies and governments, reports the Washington Post.  

Booz Allen, which generated $5.8 billion in revenue last fiscal year, previously employed current Director of National Intelligence James Clapper. Booz Allen’s current vice chairman Mike McConnell is also a former NSA director.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Extended News; Government
KEYWORDS:

1 posted on 06/13/2013 5:41:43 AM PDT by markomalley
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To: markomalley

...wonder how much they kick back to Odungo


2 posted on 06/13/2013 5:44:19 AM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Doogle

If a Republican was president, Snowden would already be Time’s Man of the Year, for “exposing the corruption of a morally bankrupt administration”.


3 posted on 06/13/2013 5:48:44 AM PDT by treetopsandroofs (Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
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To: markomalley

4 posted on 06/13/2013 5:52:03 AM PDT by JoeProBono (Mille vocibus imago valet;-{)
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To: markomalley

Pres. Eisenhower was on the right track...beware of the military industrial INTELLGENCE complex.


5 posted on 06/13/2013 5:56:37 AM PDT by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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To: markomalley

No different from the incestuous love-triangle that is The Fed, Wall Street, and the US Treasury.


6 posted on 06/13/2013 6:01:12 AM PDT by PGR88
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To: markomalley

Termites.


7 posted on 06/13/2013 6:01:39 AM PDT by TArcher ("TO SECURE THESE RIGHTS, governments are instituted among men" -- Does that still work?)
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To: Hotlanta Mike
Pres. Eisenhower was on the right track...beware of the military industrial INTELLGENCE complex.
 
 

 
 
Meet the New Ba'al, same as the Old Ba'al
--The Who?

8 posted on 06/13/2013 6:04:10 AM PDT by TArcher ("TO SECURE THESE RIGHTS, governments are instituted among men" -- Does that still work?)
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To: Hotlanta Mike

Nobody mentions why this phenomenon exists - double dipping.

Retire from federal service after 20 years; begin work for a contractor doing essentially the same work; draw a federal pension and a paycheck at the same time.

This is how a contractor can work cheaper than a civil service employee. Of course the media is too shallow to notice actual cause and effect. They’re too busy wringing their hands over Snowden’s security clearance - which was processed by a civil service employee.


9 posted on 06/13/2013 6:05:22 AM PDT by FirstFlaBn
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To: markomalley

The left are going to scream the Bush’ but when it comes to money politics are left at the door if they were ever in the equation to begin with...

Some of the people who have worked/continue to work at Caryle or have invested...

John Major, former British Prime Minister; Fidel Ramos, former Philippines President; Park Tae Joon, former South Korean Prime Minister; Saudi Prince Al-Walid; Colin Powell, the present Secretary of State; James Baker III, former Secretary of State; Caspar Weinberger, former Defense Secretary; Richard Darman, former White House Budget Director; the billionaire George Soros, and even some bin Laden family members. You can add Alice Albright, daughter of Madeleine Albright, former Secretary of State; Arthur Lewitt, former SEC head; William Kennard, former head of the FCC, to this list. Finally, add in the Europeans: Karl Otto Poehl, former Bundesbank president; the now-deceased Henri Martre, who was president of Aerospatiale; and Etienne Davignon, former president of the Belgian Generale Holding Company.
http://www.culturechange.org/CarlyleEmpire.html

Originally from an article in Le Monde - reposted onto this nonprofit org. Soros yet again...he’s everywhere...the man did say he was god.


10 posted on 06/13/2013 6:07:03 AM PDT by bronxville (Margaret Sanger - “We do not want word to go out that we want to exterminate the Negro population,)
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To: markomalley
"Uhhhhh, It's about Jobs"

11 posted on 06/13/2013 6:07:51 AM PDT by TArcher ("TO SECURE THESE RIGHTS, governments are instituted among men" -- Does that still work?)
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To: markomalley

“Mr. Snowden, who revealed on Sunday that he provided the recent leak of national security documents, is among them.”

There is debate as whether Snowden is a hero or a traitor...he says he is neither.

Whatever his motivation, we would not know anything about any of this, were it not for him.


12 posted on 06/13/2013 6:26:25 AM PDT by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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To: Doogle

“In order to land our bonus targets for next year, we’re gonna offshore some of this to India...”


13 posted on 06/13/2013 6:30:53 AM PDT by Buckeye McFrog
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To: PoloSec
There is debate as whether Snowden is a hero or a traitor...he says he is neither.

He is a pointy stick that the ChiComs are going to be repeatedly poking into Obama's side for the next three years.


14 posted on 06/13/2013 6:32:03 AM PDT by Buckeye McFrog
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To: FirstFlaBn

>>draw a federal pension and a paycheck at the same time.

Uhuh. And don’t forget to add in the “DV” plates (those points add up, even if the only “disability” they have is SNORING) on the $250,000 Motor Home and the towed Lexus that can be shoved in the face of the McPeons while they’re stuck behind these glorious public “Servants” in the fast lane of the freeway ...doing 50 mph.

That’s always impressive.


15 posted on 06/13/2013 6:32:25 AM PDT by TArcher ("TO SECURE THESE RIGHTS, governments are instituted among men" -- Does that still work?)
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To: Buckeye McFrog

They already started. For them, Snowden wasn’t a big news story til he explained that Obama is spying on China. Now there all over the story. I just saw a 1-hour news special on it on the Chinese news in Beijing.


16 posted on 06/13/2013 6:39:06 AM PDT by TexGrill (Don't mess with Texas)
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