Spiga

THE AMERICAN TAX PAYER GETS SWINDLED??

july 8th....
The U.S. Army has issued a new order for work in Iraq that could mean around $5 billion in revenue for Halliburton.
The Army issued a new "task order" Friday to Halliburton's (HAL: news, chart, profile) KBR unit under the existing logistics and support contract -- LOGCAP III -- awarded to KBR in December 2001, according to Cathy Mann, a company spokeswoman...

NOW WHO SAID WAR DOESN'T MAKE PEOPLE RICH???

The Halliburton corporation, already the Iraq war's poster child for ”waste, fraud and abuse”, has been hit with a new double-whammy.

NEW YORK, Apr 21 (IPS) – 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 U.S. State Department accuses the company of ”poor performance” in its 1.2-billion-dollar contract to repair Iraq’s vital southern oil fields.

And a powerful California congressman is charging that Defence Department audits showing additional overcharges totaling 212 million dollars were concealed from United Nations monitors by the George W. Bush administration.

The new overcharges bring to two billion dollars, or 42 percent of the contract amounts, the grand total of questionable bills from Halliburton.

NOW I HAVE MY OWN VIEWS ABOUT ALL OF THIS, BUT that doesn't matter. The only thing that matters is the truth. I guess I would feel better about all this if i WASN"T a US taxpayer and long the stock of HAL!!!

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