Gandalf

My Response to Palmisano's Stimulus Plan for IBM

The IBM proposals look reasonable. The benefit of using IBM instead of start-ups is experience, critical mass, risk and integrity. IBM can probably get started quickly and do a good job.

IBM is not perfect but it has distinguished itself as a well managed company with integrity and good business practices.

Still, Obama should get fixed-price contracts for these projects and penalties for late completion. That will keep IBM (and others) honest in these big projects.