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In reply to the discussion: $67,000,000,000 pissed down a rat hole [View all]maggiesfarmer
(297 posts)66. Deep breath, no meant to offend, but let's review.
the issue in question is whether or not the OP's claim that "most" of those companies revenues came from "the Federal Government". (reference OP)
- the year in question in 2010 (reference OP), not 2011 or 2012
- the claimed business from the US government contracts to Lockheed in 2010 is $16.7bn (reference OP)
- L-H 2010 total sales was $45bn (reference L-H annual report)
- math: 16.7/45.8 = 36.5%
- definition "most" (reference M-W)
1. greatest in quantity, extent, or degree
2. the majority of
No offense intended. If my data was incorrect, I admit I did not vet my sources any further than the references cited above. I still believe my analysis is correct. Not blowing smoke.
peace
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I'm not dissing the people that have these jobs, they need them like everyone needs jobs but
xtraxritical
Jan 2013
#49
The American Jobs Act has been languishing in Boehner's Congress for almost two years.
xtraxritical
Jan 2013
#34
My little brother just got laid off from a gov. contract as a rocket scientist
Tunkamerica
Jan 2013
#17
A 50% cut for Big War returns us to PRE-Bush levels and save every social program....
grahamhgreen
Jan 2013
#28
These companies are NOT beyond resorting to drastic measures to protect their bottom line...
Spitfire of ATJ
Jan 2013
#35
Consider how many people make a decent salary based on nothing more than stealing the product of
Egalitarian Thug
Jan 2013
#39
and they aren't even telling us the whole truth because the Pentagon(& Homeland Sec) is not audited
Fight2Win
Jan 2013
#41
KBR along with any company which has moved off shore with their companies to avoid taxes
Thinkingabout
Feb 2013
#78
A corporatist government will make sure every $ billion pissed down the MIC rat hole
indepat
Jan 2013
#48
They' huge in air traffic control, sattelites for meterological work and space
maggiesfarmer
Jan 2013
#60
LH definately doesn't make consumer products, but I believe you could purchase an air traffic
maggiesfarmer
Jan 2013
#61
Good digging. As noted, I got the $67bn figure from the OP. curious at this point where he got that
maggiesfarmer
Feb 2013
#69
I'm in huge favor of more transparency into both the bidding (or lack) process and expenditure
maggiesfarmer
Jan 2013
#65