Donkey Punch

June 11, 2008

Eisenhower was Right.

Filed under: Not Funny, Outrage Fatigue, Politics, war, War Profiteering — t4toby @ 3:09 pm


Dwight D Eisenhower was a wise man. And a Kansan. I’m not sure which came first. But suffice to say he was very prescient about how the companies with a financial interest in war should be closely watched to make sure they don’t drum up conflict to pay their paychecks.

Take it away, BBC:

A BBC investigation estimates that around $23bn (£11.75bn) may have been lost, stolen or just not properly accounted for in Iraq.

Who could have ever predicted this?

Seems that that 23 billion dollars went missing, but all parties in cases involving the lost money are under a gag order.

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 $7bn that was given to Halliburton, a Texan company which used to be run by Dick Cheney before he became vice-president.

Go figure.

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, it’s egregious.

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

If only one of our leaders had been wise enough to warn us about this.

D’oh!

In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.

To be fair, I guess, the Fifties were a long, long time ago…

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4 Comments »

  1. Where’s the outrage??? Burn those motherfucking companies to the ground…..

    Comment by grindchopblend — June 11, 2008 @ 3:33 pm

  2. Here’s some more inspiring spending/waste
    http://www.truthout.org/article/fema-gives-away-85-million-katrina-supplies

    Comment by grindchopblend — June 11, 2008 @ 6:05 pm

  3. See… Who could have predicted that shrink-wrapped pallets of bills would go unaccounted for? I mean, what could possibly go wrong with a scheme like that?

    Comment by protected static — June 11, 2008 @ 8:15 pm

  4. the story is good

    thanks

    http://www.khyalking.net

    Comment by almoogaz — June 12, 2008 @ 4:58 am


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