Good, Fast or Cheap...
Pick any two.
Katrina fraud costs could top $2 billion - U.S. Life - MSNBC.comPost-Katrina, the deman was for SOMETHING to be done NOW. Not a month from now, not a week from now - it had to be done NOW. Money had to be given to individuals NOW. Contracts had to be let NOW. The aid had to flow NOW. Any delays were seen as FEMA not caring about taking care of the victims, and wasn't political hay spun from THAT...WASHINGTON - The tally for Hurricane Katrina waste could top $2 billion next year because half of the lucrative government contracts valued at $500,000 or greater for cleanup work are being awarded without little competition.
Federal investigators have already determined the Bush administration squandered $1 billion on fraudulent disaster aid to individuals after the 2005 storm. Now they are shifting their attention to the multimillion dollar contracts to politically connected firms that critics have long said are a prime area for abuse.
Now we see the result. It's kind of simplistic to point it out - but the old saying about being able to pick two of the three for any major job is very applicable.
They wanted it fast, and good. So it wasn't cheap.
And it'll be even more expensive, I'd say.
J.