Wine Train Stimulus Scam Gets Even Uglier With No-Bid Set-Aside Swindle
So, basically, a white wheeler-dealer got himself appointed CEO of a shell company that's legally classified as an "Alaska Native corporation," then, using this unique privileged status, finagled a no-bid contract to get $54 million in taxpayer funds for a construction job -- and then used a small portion of that money to hire subcontractors to do the actual work, while pocketing the rest as pure profit.
Nice, eh? And guess what: You're the sucker in this swindle.
One has the suspicion that the entire "Stimulus" is nothing but countless Wine Train-style deals bundled together and given an uplifting name to disguise that fact that it's little more than a thousand unnecessary crooked backroom scams with essentially no oversight.
Handouts to shysters as economic theory? I feel like getting drunk. All aboard!