Thursday, June 28, 2007

profiteering part what?

Can't believe we still periodically mention this after four bloody and miserable years.

From Robert Scheer's well-titled "The Banality of Greed:"
This week's evidence of the continuing corruption of Halliburton and its subsidiaries profiteering from contracts costing American taxpayers an unbelievable $22 billion stems from a report by the special inspector general for Iraq reconstruction. The report, only one of many about Halliburton's recently severed subsidiary KBR, focuses on work done in Baghdad's super-secure Green Zone. While parent company Halliburton insults U.S. taxpayers by relocating its headquarters to the tax shelter of Dubai, subsidiary KBR has been spun off to focus more directly on the American military contracts that form the core of its operations. Those operations have already produced a litany of condemnation by congressional and administration oversight bodies, and the June 25 report hardly details the company's most egregious activities. However, the Green Zone, the site of this latest instance of taxpayer fleecing, is instructive because, safely removed from the risks of battle, it deprives these war profiteers of their favorite excuse: that construction in a battle zone is inherently more costly. While KBR's Green Zone shenanigans covered by this report may seem small in comparison with the enormous waste attendant to the U.S. reconstruction program in Iraq, they are illustrative of the feeding frenzy that has fueled the American effort.

1 comment:

Renegade Eye said...

When Bush ran for president the first time, he claimed he wasn't a nation builder. It looks like he was right.

Now rebuilding funds are hostage, to the Iraqi parliment, working out oil sharing. I believe the dems pushed that.

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