[+/-] Republicans give yet another big contract to Halliburton
We are living in a kleptocracy:
Even though the firm has been caught bilking Uncle Sam, the U.S. military has signed on scandal-ridden Halliburton to do nearly $5 billion in new work in Iraq under a giant logistics contract that has so far earned the Texas-based firm $9.1 billion....
Halliburton, which was run by Vice President Dick Cheney from 1995-2000, has come under fire for its no-bid contracts in Iraq and several U.S. government agencies are looking into the firm's overcharges for the work....
The new contract is about $1 billion more than the company earned under last year's services contract.
In March, a former KBR employee and a Kuwaiti citizen were indicted for defrauding the U.S. government of more than $3.5 million by inflating the cost of fuel tankers....
A top U.S. Army procurement official said last week Halliburton's deals in Iraq were the worst example of contract abuse she had ever seen....
"At this point, why don't we just hand Halliburton the keys to the U.S. Treasury and tell them to turn off the lights when they are done," Democratic Senator Frank Lautenberg said in a statement.
posted by Nanovirus @ 10:13 permalink
your thoughts? 2
2 Comments:
It's just shocking that this company can get away with selling products and services that our government needs.
Dave S.:
To paraphrase the Chimperor, it's your money. Don't you want it used wisely?
What is the difference between overspending on defense and overspending on social welfare programs? Both are an inefficient use of our tax dollars.
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