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Grand Old Military-Industrial Complex

Bloomberg’s Roxana Tiron reports on the cozy relationship between Newt Gingrich and Mitt Romney’s advisers and the businesses most adept at siphoning off the taxpayer’s money in the name of war and bogus security: Five of former Massachusetts Governor Mitt Romney’s 41 national security and foreign policy advisers have links to companies that last year […]

Bloomberg’s Roxana Tiron reports on the cozy relationship between Newt Gingrich and Mitt Romney’s advisers and the businesses most adept at siphoning off the taxpayer’s money in the name of war and bogus security:

Five of former Massachusetts Governor Mitt Romney’s 41 national security and foreign policy advisers have links to companies that last year alone received at least $7.9 billion in federal contracts, according to data compiled by Bloomberg Government analyst Christopher Flavelle. Of that, $7.3 billion came from the Department of Defense.

Romney and former U.S. House Speaker Newt Gingrich of Georgia, who are leading in the polls, have advisers who sit on the board of directors of BAE Systems Inc., which has received at least $37 billion in U.S. government contracts since 2008, the most of any of the companies with ties to Republican national security advisers.

No surprises, but it’s always good to document this kind of thing. Read the rest here.

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