War Games

In case you haven't heard enough stories about the profiteering that's taken place under GOP oversight during the war, here's one that's easier to get really worked up about. When a few billion dollars just go missing, it's tough for people to get a handle on it.

But when a contractor sends shoddy equipment to our fighting forces and uses the profits to hire Kenny G, for Christ's sake, it's pure evil.

On the day the President told the American people to prepare for the long haul in Iraq, here’s a story that seems to perfectly sum up our priorities as a nation. They’re calling it Mitzvahpalooza. It may go down in history as the world’s most obscene birthday party (eat your heart out Dennis Kozlowski). David H. Brooks, CEO of bulletproof vest maker DHB Industries, spared no expense for his 13-year old daughter’s entry into adulthood. The girl and 300 of her closest BFFs were entertained recently in New York’s Rainbow Room by Don Henley, Stevie Nicks, Kenny G, Aerosmith and, believe it or not, 50 Cent (I guess 500 large can make you forget all about street cred). It was hosted by Tom Petty. The reported cost: $10 million. See the pics here.

First off, what 13-year old is a fan of Don Henley, Fleetwood Mac and, for God’s sake, Kenny G? Who was this party really for? Second, and more importantly, where does a guy get $10 million to blow on a Bat Mitzvah? Well, it appears, from you, the American taxpayer. According to United for a Fair Economy, Brooks and Co. have made a tidy profit outfitting our nation’s fighting men and women in body armor that allegedly couldn’t take a hit from a 9mm round:

David H. Brooks, CEO of bulletproof vest maker DHB Industries, earned $70 million in 2004, 13,349% more than his 2001 compensation of $525,000. Brooks also sold company stock worth about $186 million last year, spooking investors who drove DHB’s share price from more than $22 to as low as $6.50 [DHB was trading at $4.20 Wednesday]. In May 2005, the U.S. Marines recalled more than 5,000 DHB armored vests after questions were raised about their effectiveness. By that time, Brooks had pocketed over $250 million in war windfalls.