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Re: Halliburton & lost 8 billion. Don't know what this means.

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Booster Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-21-05 08:36 PM
Original message
Re: Halliburton & lost 8 billion. Don't know what this means.
U.S. lawmakers took aim at the Pentagon for hiding information
from U.N.-mandated auditors about U.S. contractor HALLIBURTON,
with Republicans calling it an embarrassment. "This is a
self-inflicted wound, a needless failure to meet transparency
obligations," Rep. Christopher Shays, a Republican from
Connecticut, told a U.S. House of Representatives panel. The
hearing was called to look at U.S. management of Iraqi funds
after the 2003 invasion. An audit by the U.S. Special Inspector
General for Iraq Reconstruction found the U.S.-led authority
there could not properly account for $8.8 billion of Iraq's
money. Halliburton -- run by Vice President Dick Cheney until
the 2000 race for the White House -- was paid about $1.7
billion out of these funds to bring in fuel for Iraqis under a
sole source deal its unit Kellogg Brown and Root had with the
U.S. military. U.N. auditors asked for a full accounting of
Iraqi money given to KBR and documents were finally handed over
after much wrangling but portions detailing potential
overcharges by KBR were blocked out.
(Reuters 04:26 PM ET 06/21/2005)
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peekaloo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-21-05 08:46 PM
Response to Original message
1. Money missing from Bremer's CPA in Iraq.
Edited on Tue Jun-21-05 08:50 PM by peekaloo
HA! Al Franken was on Letterman last week and basically leveled the same charges.

p.s. it's called war profiteering
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Booster Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-21-05 08:54 PM
Response to Reply #1
2. So is this the real reason they want to get Bolton in there so he
can scare them off with his bullying?
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peekaloo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-21-05 09:05 PM
Response to Reply #2
4. with fascists it's "the more the scarier".
:mad:
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TomClash Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-21-05 09:24 PM
Response to Reply #1
6. Where I come from it's called grand larceny among other things
and it gets you convicted of many counts and sentenced 5 to 15 years in the pokey.
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samdogmom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-21-05 08:55 PM
Response to Original message
3. This is not too hard to understand!
Where's the money guys?
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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-21-05 09:09 PM
Response to Original message
5. Money missing .... job not done?
I see shiny medals for some lucky people!

:rofl:
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