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Taxes – we pilfer from them but we won’t pay them & other news

Meanwhile, the owners and officers of some contractors that weren’t paying federal taxes had significant personal assets, including a sports team, a high-performance airplane, commercial properties, multimillion-dollar homes and luxury vehicles, the GAO said in its 2007 report. ~ Tom Shean – Virginian-Pilot~

History Facts for May 22

  • 1455 – King Henry VI was taken prisoner by the Yorkists at the Battle of St. Albans, during the War of the Roses.
  • 1900 – The Associated Press was incorporated as a non-profit news cooperative in New York.
  • 1977 – Janet Guthrie set the fastest time of the second weekend of qualifying, becoming the first woman to earn a starting spot in the Indianapolis 500 since its inception in 1911.
  • 1995 – Mr. and Ms Sparky were married
  • illustration by Jacob Thomas (Bloomberg)

    Tax requirement delayed, to the relief of companies
    Tom Shean – (The Virginian-Pilot) – May 22, 2011 – Companies doing business with the federal government have a bit more breathing room from what some say is an onerous tax provision.

    Earlier this month, the IRS delayed for another year a government plan for holding back 3 percent of the amounts paid to federal contractors.

    The program, designed to cover contractors’ tax liabilities, originally was scheduled to take effect at the beginning of 2011. The date was pushed back two years ago to 2012. Now it’s Jan. 1, 2013.

    Still, “it will be a cash-flow nightmare” for smaller defense contractors, especially those with modest profit margins, predicted Gregg N. Funkhouser, partner in charge of government contracting for the CPA firm Dixon Hughes Goodman.

    While the average profit margin for his defense-contractor clients is 7 percent, the margins for some are as low as 1 percent, and these companies likely will suffer, Funkhouser said during a presentation in Norfolk last week. (Click HERE for article)

    Read the remainder of this entry »

    Watch out Parsons employees, here comes babblin’ Bill (Bodie)

    Parsons Appoints Bodie as Energy, Systems & Security Division Manager 

    Posted on : 2010-05-17 | Author : Parsons : PressRelease 
    PASADENA, CA — 05/17/10 — Parsons announces the appointment of William Bodie as Manager of the Energy, Systems & Security (ESS) Division for its Infrastructure & Technology group. In this role, Mr. Bodie will lead ESS’s work in the energy, mission-critical systems, homeland security and defense, and intelligence markets — Parsons is one of the largest providers of management, engineering, environmental, and planning services to government agencies.

    Prior to joining Parsons, Mr. Bodie worked for one of the world’s largest engineering, logistics, and defense services contractors. He was president and lead executive of the company’s North American Government & Defense business unit, responsible for the strategic goals, business operations, and financial performance of an enterprise with more than 25,000 employees globally. He also managed the company’s interface with the U.S. Army on LOGCAP, its largest expeditionary support services program, as well as overseeing numerous major engineering, construction, and logistics projects for the Army Corps of Engineers, the United States Air Force, and other U.S. federal and allied national security agencies.

    “Bill brings to Parsons a wealth of knowledge and leadership skills from his roles as a defense services contractor, leading national security consultant, and policy adviser to the Secretary of the Air Force,” said Todd Wager, Parsons Group President. “We are committed to the government services market, and having someone of Bill’s caliber join our leadership team demonstrates that commitment.”

    Mr. Bodie is a leader in strategic communications and public affairs, having served as Special Assistant to the Secretary of the United States Air Force and Director of Communications at a leading global security company. He also was a Senior Fellow at the National Defense University’s Institute for National Strategic Studies where he directed research on national security institutions in Russia and other ex-Soviet republics. Mr. Bodie is the author of numerous articles, monographs, and book reviews on intelligence, defense, and national security. He holds a bachelor’s degree in history from Columbia University and a master’s degree in politics from New York University. He will be based in Washington, D.C. Read the remainder of this entry »

    KBR’s Bill Bodie resigns – Good F-ing Riddance!

    William C Bodie courtesy of google

    Good riddance! I had to establish a whole new category when Bodie started his public campaign of villainizing victims of KBR incompetence and corruption. I called it Bodie Babble. He actually had the ballz to write op-ed article for news papers around the country supporting KBR’s position of why KBR wasn’t responsible to killing Col Gentry and making others sick at Qarmat Ali, why it wasn’t KBR’s fault at all that Jamie Jones’ was raped and held against her will in 2005 and why the Good Friday Massacre was the Army’s fault.

    Below is the email sent out by KBR’s Mark Williams.

    TO: All KBR Infrastructure, Government & Power (IGP) Employees

    FROM: Mark Williams, Group President, IGP

    SUBJECT: North American Government and Defense Leadership

    KBR plays a vital role in support of the U.S. military and other Government agencies. The leadership of the North American Government & Defense (NAG&D) Business Unit is an important aspect of that support. I want to thank Bill Bodie for his work, dedication and service to KBR. Bill has resigned to take another job and I wish him well in his new endeavor.

    As we work to fill the NAG&D role, I will serve as interim President. I will continue to look to the counsel of Richard Hack, Jill Pettibone, Richard Graves, Linda McKnight, Bud West and their teams to guide the organization.

    Thank you all for your service and dedication to KBR. I look forward to our continued work together as we strive to make KBR the world’s premier go-to contractor of choice.

    So what happened to Bodie? Did he even make it a year? Maybe….barely! He replace Bruce Stanski when he just up and quit onMarch 17, 2009 and slithered on over to Fluor taking many of his minions with him. So where is Bodie slithering too. Dyncorp? Agility?

    Now I’m going to have to edit my KBR Happy Dance JibJab of Bill Bodie and Bill Utt.  For those who are unaware this JibJab is the dance I think Bill and Bill do every time there is a ruling in KBR’s favor. (Do not click if you are easily offended!)

    So…..any speculation on who will be replacing Bodie? I understand Lucifer is available!

    Bye Bye Bill!! I’m sure if you land in the Defense Industry ANYWHERE you will be giving me plenty more to write about!

    Ms Sparky

    Judge allows trial of suits over KBR convoy deaths

    By Tom Fowler – Houston Chronicle
    Feb. 8, 2010

    Lawsuits claiming Houston-based KBR should have stopped a 2004 truck convoy in Iraq before six civilian drivers were killed and others injured in an ambush can go to trial, a federal judge ruled today.

    U.S. District Judge Gray Miller had previously dismissed the case, agreeing with KBR’s argument that it didn’t have the authority to keep the fuel convoys off the road and that a trial would be an improper challenge to military decision-making. KBR contracts with the military to provide logistical support.

    But after an appeals court overturned his decision, Miller allowed the parties to gather more evidence, which turned up e-mails of KBR managers saying they thought they could stop the conveys and had done so in the past. Read the remainder of this entry »

    Murder plots, corruption & Bodie seeks salvation

    He that lieth down with Dogs, shall rise up with Fleas.

    ~Benjamin Franklin

    "The Godfather" - Don Vito Corleone (Marlon Brando)

    This Week in Government Contracting:

    Here is a rundown on some noteworthy happenings in the world of defense contracting, that occurred this week.  I am beginning to believe that there is no such thing as honesty and integrity when it comes to corporations vying for our taxdollars, or the lawmakers we elect to carry out their intended duties to prevent waste and fraud, for that matter.  Feel free to submit a comment and let me know if I missed anything that was newsworthy this week:

    Take the money and run
    February 2, 2010
    (WHAS11) – Keith Shaw is charged with making unauthorized modifications to military aircraft parts and trying to kill his former business associates who were cooperating with military investigators.

    While the plot described in Shaw’s indictment reads like spy novel, the testimony Tuesday was more like hearing a technical manual read aloud. (Click HERE for full article)

    Senator Webb questions the value of  ‘Retired Generals Club’ Read the remainder of this entry »