Tuesday, January 27, 2009

NSA Chiefs Trade Places

National Security Chief Mike McConnell returns to the private sector. He will rejoin Booz, Allen, Hamilton after 2 years of service under President Bush. The huge government contractor has a massive intelligence division.

One third of America's intelligence services are provided by private contractors like Booz, Allen, Hamilton. Yet, McConnell rejoins a different company. The Carlyle Group downed Booz in a $2.5 billion transaction in June 2008. They expect 30% annual returns on investment. The Wall Street Journal reported:

At Booz Allen, Mr. McConnell will be a senior vice president, the same title he held before, but he will take on a broader portfolio including helping determine the firm's strategy. He will also keep one hand in government work as a member of the President's Intelligence Advisory board under President Barack Obama.

That's a great spot for McConnell to read the tea leaves and adjust Booz, Allen's strategy. The Carlyle Group's political web grows stronger with McConnell's move.

What about the new guy, General James L. Jones? His corporate pedigree shines. General Jones sits on the boards of Chevron, Boeing, Invacare and Cross Match Technologies.

James is also president and chief executive officer of the Institute for 21st Century Energy, a policy center in affiliation with the U.S. Chamber of Commerce. They unveiled a Transition Plan for Securing America's Energy Future, an energy policy roadmap with 88 concrete recommendations and detailed time lines for President-elect Barack Obama and the 111th Congress.

Jones will be the second Chevron board member in recent history to head the National Security Agency. He follows Condoleezza Rice. America's corporatocracy is alive and well. It's ready to tamper internationally.

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