Thursday, July 07, 2005
The Sinkhole (for our money) that is Iraq - A few billions here, a few billions there
"The Army has ordered nearly $5 billion in work from Halliburton Co. to provide logistics support to U.S. troops in Iraq over the next year, $1 billion above what the Army paid for similar services the previous year.
The new order, which comes despite lingering questions about the company's past billing, replaces an earlier agreement that expired last June but had been extended through this spring to ensure a continuous supply of food, sanitation, laundry and other logistical services for the troops, according to Linda K. Theis, an Army spokeswoman."
Vice President Cheney was CEO of Halliburton before becoming George Bush's running mate. It helps to have friends in high places.
And what happened during Paul Bremer's watch?
The Guardian,UK, reported that during the eight months when J. Paul Bremer was de facto ruler (head of the provisional authority) of Iraq, 8.8 billion dollars disappeared--cannot be accounted for!