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152 points lr0 | 5 comments | | HN request time: 0.42s | source
1. kjksf ◴[] No.42202588[source]
"overcharged" is such an euphemism.

It's fraud. Both on the part of Boeing and on the part of whoever in government approved that.

800x markup doesn't just happen. You can sneak 10% or 20% surcharge but 800x is so obvious that it's only possible because everyone involved is in on the grift.

It's not a surprise to anyone at the Air Force, they just been getting away with this for so long that they don't even care to hide it. The corruption has been normalized.

Which is why Democrat's obsession with rising taxes and the "pay your fair share" rhetoric pisses me off so much.

Let's start by eliminating 800x waste, 100x waste, 20x waste, 10x waste, 5x waste, 2x waste from government spending and then let's how much money we need to run government. I suspect it would be much less than what US currently takes in taxes.

replies(4): >>42202595 #>>42202601 #>>42202602 #>>42202644 #
2. ◴[] No.42202595[source]
3. Tempest1981 ◴[] No.42202601[source]
> 800x markup doesn't just happen

Isn't it 80x? Title says 8000%

4. 317070 ◴[] No.42202602[source]
For clarity, a 8000% markup is 80x more expensive, not 800x.

Not denying that that still should be unacceptable on the buyer side, if you want to have any semblance of a functioning market.

5. fransje26 ◴[] No.42202644[source]
Yes, but how are you going to get that cushy job in the industry once you retire from your government position if you start acting "tough" on too-big-to-fail companies?

Them revolving doors need to keep turning to line your own bank account.