So, I was digging around on Blackwater when it the NYTimes scooped it for me. Okay, so it's not really news, but it's news to most of us. Blackwater's founder Erik Prince (talk about a name designed to give a child a Napoleonic complex) was founded by the son of a very rich, ultra-right-wing, ultra-connected family in Michigan. It had about $200,000 in revenue in 2002. Now it is over a billion in annual revenue. Erik says he's a libertarian, even while he gets fat and happy off government contracts being passed to him this way. It should be obvious that the Blackwater deal is a huge payout to a big campaign supporter. When someone is making out like a bandit, it is often because he is.
Monday, October 08, 2007
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