Hunting for Lost Billions: War Profiteering

BBC News posted a recent article that provides some (though limited) information about some of the profiteering that has been encouraged by the Bush Administration.  From BBC uncovers lost Iraq billions:

While George Bush remains in the White House, it is unlikely the gagging orders will be lifted.

To date, no major US contractor faces trial for fraud or mismanagement in Iraq.

The president’s Democratic opponents are keeping up the pressure over war profiteering in Iraq.

Henry Waxman who chairs the House Committee on Oversight and Government Reform said: “The money that’s gone into waste, fraud and abuse under these contracts is just so outrageous, its egregious.

“It may well turn out to be the largest war profiteering in history.”

In the run-up to the invasion one of the most senior officials in charge of procurement in the Pentagon objected to a contract potentially worth seven billion that was given to Halliburton, a Texan company, which used to be run by Dick Cheney before he became vice-president.

Unusually only Halliburton got to bid – and won.

It’s refreshingly objective (and it’s written very much unlike anything that would be published in the U.S.)  Considering Dubya’s seemingly endless list of transgressions, though, I wonder if he or his cronies will be held responsible for any of this.

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