Monday, July 12, 2004

Halliburton and the concentration of wealth

Title: New Halliburton waste alleged
Source: MSNBC
Date:: July 1, 2004

The article opens with this sentence: "The Pentagon has already awarded Halliburton Co., the controversial military contractor, deals worth up to $18 billion for its work in Iraq." $18 billion represents approximately $180 per American household -- it is a very large amount of money. What has been happening with the money? From the article:
    DeYoung audited accounts for Halliburton’s subsidiary KBR. She claims there was no effort to hold down costs because all costs were passed on directly to taxpayers. She repeatedly complained to superiors of waste and fraud. The company's response, according to deYoung was: "We can be as dumb and stupid as we want in the first year of a war, nobody’s going to care."

    DeYoung produced documents detailing alleged waste even on routine services: $50,000 a month for soda, at $45 a case; $1 million a month to clean clothes — or $100 for each 15-pound bag of laundry.

    "That money could have been used to take care of soldiers," she said.

    DeYoung also claims people were paid to do nothing. Mike West says he was one of them. Paid $82,000 a year to be a labor foreman in Iraq, West claims he never had any laborers to supervise. "They said just log 12 hours a day and walk around and look busy," he said. "OK, so we did."
See also this post.

1 Comments:

At 7:33 PM, Blogger Mike said...

wealthy is easy. wealthy

 

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