theUnderground
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- Feb 20, 2017
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Stay Informed:
According to the bipartisan Commission on Wartime Contracting in Iraq and Afghanistan, the level of corruption by defense contractors may be as high as $60 billion. Disciplined soldiers that would traditionally do many of the tasks are commissioned by private and publicly listed companies.
I was in Iraq 2004-2005 and traveled a bit. I was shocked at the size and scope of the KBR footprint. They were into everything, feeding the troops, rebuilding infrastructure etc. I remember thinking that if the average tax payer saw what I saw, they would be pissed...I was.
Cheney's Halliburton Made $39.5 Billion on Iraq War
By Angelo Young, International Business Times
The accounting of the financial cost of the nearly decade-long Iraq War will go on for years, but a recent analysis has shed light on the companies that made money off the war by providing support services as the privatization of what were former U.S. military operations rose to unprecedented levels.
Private or publicly listed firms received at least $138 billion of U.S. taxpayer money for government contracts for services that included providing private security, building infrastructure and feeding the troops.
The No. 1 recipient?
Houston-based energy-focused engineering and construction firm KBR, Inc. (NYSE:KBR), which was spun off from its parent, oilfield services provider Halliburton Co. (NYSE:HAL), in 2007.
The company was given $39.5 billion in Iraq-related contracts over the past decade, with many of the deals given without any bidding from competing firms, such as a $568-million contract renewal in 2010 to provide housing, meals, water and bathroom services to soldiers, a deal that led to a Justice Department lawsuit over alleged kickbacks, as reported by Bloomberg.
Read more- And The Winner For The Most Iraq War Contracts Is . . . KBR, With $39.5 Billion In A Decade
Now that the law is lawless I have created CopsRCorrupt.com so that you might survive.
According to the bipartisan Commission on Wartime Contracting in Iraq and Afghanistan, the level of corruption by defense contractors may be as high as $60 billion. Disciplined soldiers that would traditionally do many of the tasks are commissioned by private and publicly listed companies.
I was in Iraq 2004-2005 and traveled a bit. I was shocked at the size and scope of the KBR footprint. They were into everything, feeding the troops, rebuilding infrastructure etc. I remember thinking that if the average tax payer saw what I saw, they would be pissed...I was.
Cheney's Halliburton Made $39.5 Billion on Iraq War
By Angelo Young, International Business Times
The accounting of the financial cost of the nearly decade-long Iraq War will go on for years, but a recent analysis has shed light on the companies that made money off the war by providing support services as the privatization of what were former U.S. military operations rose to unprecedented levels.
Private or publicly listed firms received at least $138 billion of U.S. taxpayer money for government contracts for services that included providing private security, building infrastructure and feeding the troops.
The No. 1 recipient?
Houston-based energy-focused engineering and construction firm KBR, Inc. (NYSE:KBR), which was spun off from its parent, oilfield services provider Halliburton Co. (NYSE:HAL), in 2007.
The company was given $39.5 billion in Iraq-related contracts over the past decade, with many of the deals given without any bidding from competing firms, such as a $568-million contract renewal in 2010 to provide housing, meals, water and bathroom services to soldiers, a deal that led to a Justice Department lawsuit over alleged kickbacks, as reported by Bloomberg.
Read more- And The Winner For The Most Iraq War Contracts Is . . . KBR, With $39.5 Billion In A Decade
Now that the law is lawless I have created CopsRCorrupt.com so that you might survive.
