Barack Hussein Obama has gone ahead and appointed William J. Lynn III to be Deputy Secretary of Defense. A man who has served as under secretary of defense and comptroller in the Clinton Administration as well as the Pentagon’s CFO (chief Financial Officer).
Lynn has the experience to do the job that he was appointed to, but my problem is that William Lynn III is presently the Senior Vice President of Raytheon Co.
Why is that a problem? The problem is that Raytheon has defense contracts with the United States. In my opinion, that makes it a conflict of interests. How can this be allowed that Obama can go ahead and appoint a person who might not hold the American taxpayer’s interest as his main concern.
How can you expect a man to do the right thing with the protection of the American people when he also has responsibilities to the company that he works for to make money? You can’t. He makes his bonuses by the amount of money the company makes. If he has to choose between protecting this country the best way possible or making his multi-million dollar bonus, how can you expect him to put himself second?
If he wants to take the position of Deputy Secretary of Defense, he must resign from his position at Raytheon Co. He is human and is bound to make mistakes, but to avoid a defense issue he must do the right thing first, which is to leave Raytheon and all his responsibilities to the company
Another kick in the pants is that the Democrats had a problem with Dick Cheney getting elected to office while he still had interests in Halliburton, but have not problem of William J. Lynn III being given the position. The American people didn’t get the right to vote for this man to be put into this office. I know that it’s two different position, but isn’t the President’s job to serve this country? Or is it his duty to go ahead and give positions to people who helped get him into office?
Just as a side note, Goldman Sachs has upgraded the the stock of Raytheon to a buy from a hold. What does that tell you?
I don’t know what’s to come of this, but I will say that I will be keeping an eye on it and posting about here on this blog.