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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: kris b who wrote (52778)2/6/2006 1:40:50 AM
From: NOW  Read Replies (2) of 110194
 
"Club Homeland Detention: Halliburton, the first corporation into Iraq, contractually speaking, and the biggest financial winner in the "reconstruction" sweepstakes for that deconstructed country, fortuitously also found itself perched right atop the list of post-Katrina New Orleans reconstruction contractors. Now, through its subsidiary KBR, known for building military bases to last, as well as Guantanamo's infamous "cages," Halliburton gets a shot at the real American thing -- actual emergency detention centers for "immigrants" -- or, hey, in a crisis, for whomever. The Army Corps of Engineers awarded it a contract last month -- t! hough the story only oozed out this week -- worth up to $385 million (not including the near-obligatory overcharges) for, according to the New York Times, "an unexpected influx of immigrants, to house people in the event of a natural disaster or for new programs that require additional detention space." It's those "new programs" that give special pause."
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