April 23, 2005


When a Shocker, isn't

Wow. Color me completely un-amazed.

The Halliburton corporation, already the Iraq war's poster child for "waste, fraud and abuse", has been hit with a new double whammy. A report from the US State Department accuses the company of "poor performance" in its US$1.2 billion contract to repair Iraq's vital southern oilfields.

And a powerful California congressman is charging that Defense Department audits showing additional overcharges totaling $212 million were concealed from United Nations monitors by the administration of President George W Bush. (my emphasis)

The new overcharges bring to $2 billion, or 42% of the contract amounts, the grand total of questionable bills from Halliburton.

Imagine that. CheneyBurton overbilling 42% of their contract amount. Well, being connected has always paid off. Literally. I guess that all that you know, math and accounting and stuff could be some kind of objectively pro-terrarist™ "fuzzy" liberal-think made up to embarras the gawd-fearin' 1600 Crew.

Well, once they quit teachin' all that math and accounting stuff in skool, along with biolergy and stuff good corportate citizens like Enron and CheneyBurton can never be accused of doin' bad stuff again.

Me, I'm just waiting for Powerslime to point out the inconsistency of the kerning in the reports, so they can be named asshats of the year again by the Ann Coulter Fan Mag.

posted by Jo Fish on 04.23.05 at 12:10 PM





Comments:

These guys are apparently a lot smarter than the Enron guys. They not only rake in billions, they do it at the expense of the well-being of the troups and of the US taxpayer and they keep getting away with it.

posted by: Nina on 04.23.05 at 05:51 PM [permalink]



I'm shocked...shocked...shocked to hear these things!

posted by: jillian on 04.23.05 at 11:41 PM [permalink]



I hope there is or will be in place an excess profits tax to address the Halliburtons who are cashing in with a little bit of help from their friends on other peoples' money - OURS!

posted by: Shag from Brookline on 04.24.05 at 03:54 AM [permalink]






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