Sam Stein

BIO

Sam Stein

The Huffington Post

War Contracts To Controversial Companies On The Rise

November 19, 2007 07:00 PM


stumbleupon :War Contracts To Controversial Companies On The Rise   digg: War Contracts To Controversial Companies On The Rise   reddit: War Contracts To Controversial Companies On The Rise   del.icio.us: War Contracts To Controversial Companies On The Rise

The U.S. government awarded more than $16 billion in federal contracts to the former Halliburton subsidiary KBR between 2004 and 2006, despite controversial charging practices and allegations of overcharging in Iraq, according to a new report released Monday.

According to the Center For Public Integrity, the investigative journalism group, KBR's contracts amounted to more than nine times the total given to the second largest contractor, DynCorp International, the private security firm that has been recently implicated in the shooting of an Iraqi civilian.

Another private contracting firm accused of killing innocent Iraqi civilians, Blackwater USA, was 12th on the list of companies and joint ventures, with $485 million in contracts.

"These problems do not seem to have any reflection on the total or renewal of contracts. The money keeps going up as if these problems did not exist," the center's Executive Director Bill Buzenberg, told the Huffington Post. "With these contracts it is more money, more complexity and less oversight."

In all, U.S. expenditures in Iraq far exceeded those in Afghanistan, by a factor of more than seven. The money, regardless of the region, is massive. U.S. government contracts have grown more than 50 percent annually, from $11 billion in 2004 to almost $17 billion in 2005 and more than $25 billion in 2006.

The report, which follows a previous project in 2003, revealed that, over a three year period, more than $20 billion in war contracts went to foreign companies whose identities were impossible to determine. These contracts, along with the $20 billion awarded to the "unidentified" companies, accounted for about 45 percent of all funds awarded to the top 100 contractors.

"You want to fight a war, but not know where the money is going and not keep track of it?" said Buzenberg. "Someday there will be a real accounting of what has happened and what this government has done."

Editors Note: An earlier version of this article stated that KBR received $16 million in contracts. The total, not surprisingly, should have been $!6 billion. Thanks to multiple readers for pointing that out.

Comments for this post are now closed

 
Comments
53
Pending Comments
0
iPhone App Promo

Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to

View Comments:
Page: 1 2 3 Next › Last » (3 pages total)

U.S. Defense Contractors Make Huge Sums of Money in Iraq Before the Pull Out--MISSION ACCOMPLISHED!!!!! Jack Out.

    Favorite    Flag as abusive Posted 11:26 AM on 11/20/2007
- joja I'm a Fan of joja permalink

This article points out the single most damaging part of the disintegration of our democracy -- fraud.

By allowing -- and encouraging -- rampant fraud in everything this regime does, our system of government is undermined and will ultimately be destroyed, probably within a generation, if not less.

While the rich get ultra-rich, the poor grow in numbers but not in power. This is a formula for disaster -- and revolution.

Thank goodness Blackwater, et. al. is there to protect our ruling oligarchy -- Big Business, Big Oil, Wall Street, K Street, The WH, Congress, etc., etc.

At least all our tax money went for a good cause!

    Favorite    Flag as abusive Posted 08:34 AM on 11/20/2007
photo

"If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, THE TRUTH IS THE GREATEST ENEMY OF THE STATE." -- Joseph Goebbels, German Minister of Propaganda, 1933-1945

    Favorite    Flag as abusive Posted 07:52 AM on 11/20/2007

So we know the GOP is crooked but it also was proven that our DEMS are no different. So why not send them a message and vote 3rd party?
Because they know we are stupid!

    Favorite    Flag as abusive Posted 07:21 AM on 11/20/2007

Since this regime has infiltrated and bastardized all branches and areas of our Gov't- We can only hope the International community will see fit to hold them accountable for these War Crimes
But then again they have shown their levels of corruption and ineptitude- We're Dommed. We have steppped fully into the scenarios we've read books about (1984), watched movies about (Gadica), heard music about (The Wall-pink floyd). Should have paid more credence to the term "Military Industrial Complex. They're Here and they are imbeddded.NOW WHAT??

    Favorite    Flag as abusive Posted 06:43 AM on 11/20/2007



If these pukes had just a little more time -- maybe one more term -- they'd have succeeded in completely supplanting the military with mercenaries and contractors... and could wage global war, anywhere they pleased, without disturbing the dozing American public, interrupting their shopping frenzies or distracting them from their sports obsessions.

... for a while.

    Favorite    Flag as abusive Posted 02:16 AM on 11/20/2007
photo

Now if the Dems could just change the conversation from "Fund the Troops" to "Fund the No-bid Contractors"...

    Favorite    Flag as abusive Posted 11:48 PM on 11/19/2007

I see all this WEEPING and WAILING here in print, about the shit that this bunch of bitches and bastards in DC have done as a so called government, and are still doing to these United States, It's people, it's wealth and to the world in general. Sooner or later, this land of greed,theft, and indeference will collapse and never recover. and we deserve it! as we do not have the guts collectively, to go to the source of the problem and take this country back. Those who have pilfered this country will fare no better than any one.... there will be nothing left worth having.. Enjoy your future wimps!

    Favorite    Flag as abusive Posted 11:44 PM on 11/19/2007

Sam,

Maybe it's just me, but I'm having a hard time making sense of your numbers here.

KBR is cited as the largest contractor, with "more than nine times the total given to the second largest contractor, DynCorp International".

Then just below you cite "Blackwater USA, was 12th on the list of companies and joint ventures, with $485 million in contracts."

You then go on to say that "U.S. government contracts have grown more than 50 percent annually, from $11 billion in 2004 to almost $17 billion in 2005 and more than $25 billion in 2006."

And then point out that "more than $20 billion in war contracts went to foreign companies whose identities were impossible to determine. These contracts, along with the $20 billion awarded to the "unidentified" companies, accounted for about 45 percent of all funds awarded to the top 100 contractors"

Now I'm no math whiz, but:

If $20 billion + $20 billion ($40 billion) is only 45 percent of all funds, that would seem to imply that "all funds" must be near $90 billion. That seems to be a bit more than the $25 billion you quote for 2006.

Also if KBR were the top contractor with $16 million, how does Blackwater come in at number 12 with $485 million?

I'm guessing the figure should be $16 billion to KBR? Or, to put it another way, more than $5 billion more than the total contracts awarded in 2004?

I'm guessing Dick traded a large block of his Halliburton stock to KBR after the break.

Still, could you clean up the numbers a bit so us "simple folk" can make some sense of them?

Thanks

    Favorite    Flag as abusive Posted 11:38 PM on 11/19/2007
photo

GOP Corruption is in its Last Throes.

    Favorite    Flag as abusive Posted 11:33 PM on 11/19/2007

Complete bunch of thieves.

    Favorite    Flag as abusive Posted 10:59 PM on 11/19/2007

Goes to show...if you are going to pillage and steal, make it so huge that it defies the imagination! More than $4 Billion a week is beyond the pale of anybody's understanding. A few trillion dollars in the hole since Bush's follies is also beyond anyone's understanding!
Last and not least: When is the last time (if ever!) you saw the media talk about how staggering these costs are---on borrowed money no less!
We will pay for these staggering debts in the future too. Nobody gives a shit! Future costs will be horrible stagflation, dramatically reduced value of american currency, a palpably reduced standard of living, and possibly a full bore depression! Nobody gives a shit!
Just stare in the headlights bambi!

    Favorite    Flag as abusive Posted 10:49 PM on 11/19/2007
photo

Reid and Pelosi are funding these criminals in full.

    Favorite    Flag as abusive Posted 10:42 PM on 11/19/2007

So many payoffs, so little time.

    Favorite    Flag as abusive Posted 10:41 PM on 11/19/2007

This cash cow will be milked until the teats grow dry. Then they'll feed on blood.

    Favorite    Flag as abusive Posted 10:27 PM on 11/19/2007
Page: 1 2 3 Next › Last » (3 pages total)
Comments are closed for this entry

You must be logged in to reply to this comment. Log in  or  Connect