Halliburton Cited for Iraq Overhead

[Virginia Dare]

and Lockheed Martin profits are up 47%, who says the war is a failure, it's a rousing success for this band of thieves.

Administrative overhead accounted for more than half the costs that a Halliburton Co. subsidiary passed on to the government under a key contract to restore Iraq's oil industry, a figure that critics said was unusually high.

A report released yesterday by the inspector general's office overseeing Iraq spending found that at least 55 percent, or $163 million, of $296 million in total costs rung up by Halliburton unit KBR went to expenses such as back-office support, transportation and security. That percentage was significantly higher than it was on work by other firms in Iraq, and experts said it is far above what is typically found on a government contract.



http://www.washingtonpost.com/wp-dyn/content/article/2006/10/24/AR2006102401237.html

http://www.washingtonpost.com/wp-dyn/content/article/2006/10/24/AR2006102401249.html

[bronxiteforever]

1. So true-good posts-stealing in plain sight

The first thing Pelosi should do is establish a war spending oversight committee-Congress sghould enforce its power of the purse constitutional authority over these corporate hoods-the Congress under GOP has done nothing but watch the money go and the soldiers die.

[Uben]

2. Haliburton was up almost 6% today

They are making a killing!

[Virginia Dare]

3. pun intended?....n/t

[oasis]

5. Money galore. Halliburton funded Green Party,Carl Romanelli's attempt

to get on the Pennslyvania ballot. Rick Santorum salutes their efforts.

[Agit8dChop]

4. Hang them all

Hang the MAN who sends his own troops to die, so he can make money.

There is no greater crime against a nation, or humanity for that matter
Than profiting of your own men being slaughtered.

Its even worse when your murdering tripple the amount of a foreign race, just to justify your own military being there, all so you can make money.

All the presidents men, and himself need to be strung up, and hung in the public sqaure.

Its a disgrace to the human race.