North Pleasant Street Amehrst MA

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2017 Massachusetts Democratic Convention…

Our Town Democratic Committee has not had much discussion about local issues in Amherst, but the emails below show an interest in starting such an exchange.  We won't all agree, but there is no loyalty test here.  Start with Chris Brashear's note nex...

Waxman Accuses McCain Fundraiser of "War Profiteering"

thb_waxman_pointing.jpgChairman of the House Committee on Oversight and Government Reform, Henry Waxman, D-Cal., said in a letter to Secretary of Defense Robert Gates that a top fundraiser for the presidential campaign of Senator John McCain "appears to have engaged in a reprehensible form of war profiteering". A company run by Florida-based businessman Harry Sargeant, International Oil Trading Limited has been paid over $1.4 billion by U.S. taxpayers to deliver fuel through Jordan into Iraq, earning a profit of $210 million. Waxman said that if the contracts had been awarded to the lowest bidders, the taxpayers could have saved over $180 million.

According to Waxman, of that $210 million, at least one third—$70 million—appears to have benefitted Mr. Sargeant personally.

A lawyer for Sargeant and IOTC has not returned calls from NBC news seeking comment.

Full story at MSNBC...