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Old 04-16-2007, 08:00 AM   #45 (permalink)
billybobama
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Quote:
Originally Posted by vharlow View Post
I'm assuming you mean a link about the Halliburton contracts?

Halliburton Wins in Iraq with $9.6 Billion and More

If you read down this document, you will find lots about Halliburton contracts and KBR, the subsidiary who bills for the work.

One part in particular I'm quoting here:

"The LOGCAP arrangement began in 1992, with KBR's predecessor Brown & Root the first winner. It held the contract until 1997 when the General Accounting Office discovered Brown & Root had overcharged the Army for its work on the war and peacekeeping mission in Bosnia. DynCorp won the contract in 1997, but KBR won it back in December 2001 and will hold it for 10 years, according to the contract terms. ((This means there was bidding.)

KBR has a separate contract originally worth up to $7 billion to restore Iraq's oil infrastructure, awarded on the brink of the war in March 2003. That contract was later divided and opened for competition; KBR won a contract for the restoration of the southern oil fields only for a maximum value of $1.2 billion." (This also means the contract was bid on by others.)


These are the contracts that are so lucrative for Halliburton. The contractors bidding against Halliburton, of course, are some of the loudest voices complaining and criticizing Halliburton and claiming they get favoritism because of Cheney. It's in their best interest to make Halliburton look bad.
I liked it when Haliburton charged the U.S. Taxpayer $100 a piece for Peanut Butter and Jelly Sandwiches. We deserve it.