Corporations

A Deal So Good It Could be Illegal

Former Congressman Curt Weldon's employer Defense Solutions got a good deal in Iraq. So good, that "the deal, for decades-old, equipment, included terms so lopsided, they likely would have been illegal under U.S. law." Defense Solutions got a contract with the Iraqi government in 2005 to refurbish obsolete Soviet-era Hungarian tanks. While U.S. law would dictate that the company's fee be tied to performance, Defense Solutions' contract not only ensures payment, it also gives them a percentage of the total cost.

No

Drug Companies Move to Regulate Themselves, Before Anyone Else Does

The Pharmaceutical Research and Manufacturers of America (PhRMA) has announced a ban on giving branded items to doctors. The pens, notepads, mugs and other gifts are ubiquitous in medical offices. Some, like Senator Herb Kohl, think it is a step in the right direction. "We've been pushing to see reforms like this for some time now.

No

A Flood of Evidence

A damaged highway in WisconsinNext week, I will moderate a panel titled "Beyond the Phony 'Debate': Government Science and the Climate Crisis" in Washington, DC. In case I needed any proof that the climate is important, last month's flooding in the Midwest gave me a personal look at what the Intergovernmental Panel on Climate Change was talking about last year when it warned of "an increased chance of intense precipitation and flooding due to the greater water-holding capacity of a warmer atmosphere."

The photograph at right shows a road not far from my home in Portage, Wisconsin that was damaged during the floods. In Sauk County, just a few miles from where I live, officials estimated that 95 percent of the roads were damaged. The seven states where the flooding occurred are still trying to assess the cost of the disaster, but it is already clear that the damages will run into billions of dollars.

In Lake Delton, about 20 miles from Portage, the water broke through a dam, causing the entire lake (600 million gallons of water) to drain into the Wisconsin River, washing away several homes in its path. The Wisconsin River passes through Portage. Like other local residents, I spent some time at the levee, gawking at the rising waters and watching for bits of other people's homes as they floated downstream.

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