Yet another example of Halliburton profiteering in Iraq

[WilliamPitt]

:grr:

http://www.boston.com/news/world/middleeast/articles/2003/10/30/projected_iraq_oil_costs_up_sharply/

Projected Iraq oil costs up sharply
By Stephen J. Glain, Globe Staff, 10/30/2003

WASHINGTON -- The Bush administration has doubled the value of a contract to rebuild Iraq's oil industry, to $2 billion, sharply driving up the projected cost of restoring the country's prewar capacity.

The decision gave fresh ammunition to critics of the president's postwar policies and came as questions surfaced about whether the franchise now held by a subsidiary of Halliburton Co., the oil giant once led by Vice President Dick Cheney, will be expanded to include the development of virgin petroleum fields. The subsidiary, Kellogg Brown & Root Services, was originally hired to help rebuild Iraq's petroleum sector.

"Mission creep is occurring in Iraq," said Representative Henry Waxman, Democrat of California. "The administration says its goal is to repair war damage, but its budget request shows it wants taxpayer dollars to build projects that have nothing to do with repairing war damage, such as constructing an entirely new oil refinery."

...more...

This was front page on the Boston Globe today.

[RBHam]

1. Oh well

The call will go out to the wicked witch of the west wing Tory Clarke. Ms Clarke will deign to appear in the CNN studio to refute the allegations and charge "unpatriotic" left wing extremists with using politics as a means of "personal destruction".

Later, she'll slip in, "It's beyond the pale for ANYONE to impugn the credibility and character of my mast-errrrr ummm mmister Cheney. And I mean it! Now let no more be said of this matter - or I'LL BE BACK!"

[Beetwasher]

2. They're Ramping Up the Looting

It's smash and grab, then cut and run. If they want to cut and run by March, then they have to get Halliburton as much money as possible in that time-frame...

[arcane1]

3. I'm sure I'm not the only one who thinks...

this shit is getting OLD, DAMMIT!!!

:grr::mad::grr:


no blowjobs? No kiddy-porn? No drugs? No infidelity? Watch the masses yawn in boredom, all the while blaming "libruls" for their high taxes and shitty economy... and calling ME un-American for even bringing shit like this UP!

:argh:

[VelmaD]

4. Putting on my auditor hat for a second...

this whole situation sends up more and more red flags for fraud every time I read something about it. Where the hell is the GAO - they should be poking their nose deeply into this contracting fiasco.