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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: kech who wrote (290288)	6/7/2006 12:03:50 PM
From: longnshort	Respond to of 1588731

He doesn't like facts.

To: kech who wrote (290288)	6/7/2006 12:16:44 PM
From: bentway	Read Replies (1) \| Respond to of 1588731

The invasion of Iraq has added a $15 to $30 "insecurity" premium to every barrel of oil! THAT certain helps KBR, now doesn't it? I think it's YOU that aren't "tracking" the situation very well.

To: kech who wrote (290288)	6/7/2006 12:18:44 PM
From: American Spirit	Read Replies (2) \| Respond to of 1588731

Cheney was the one to established the new Pentagon rule that a single contractor can be used to out-source all non-combat services without competitive bidding. He did this before he left as Secretary Of Defense. I believe it's called TOPCAP. Not coincidentally, Halliburton got the big solo contract, all except four years during the 90's, and the fix was in for Halliburton going into Iraq. The contract encourages Halliburton to over-spend on everything, since the more they spend the more they profit, and so it's basically a blank check without supervision or oversight. No one knows how much Halliburton has over-charged or stolen in Iraq, but a soldier I talked to told me "they run everything" over there and the military has no authority over them at all. Halliburton does things like double the price of gasoline they sell to the US military and pay truckdrivers 150 K a year. Of course you get a perfectly good truckdriver in Iraq for 5 K if you wanted to. Halliburton also has some 50 offshore accounts in the Cayman Islands so what they declare isn't what they really make.