A FACT
16 12 2007I can’t remember who I got this from so thanks to whoever it was but I just wanted to reprint it…
Price of a share of Halliburton stock:
March 19, 2003: $20.50
March 18, 2007: $64.12 (adjusted for a split in 2006)
Who stands to benefit from Iraq? Well, as if you didn’t know, there is one of your answers.
I also heard that many of the contracts in Iraq are awarded on a cost plus basis. That means that however badly a given contractor messes things up they still get their costs back plus a percentage on top of that. This is why the price of simple things seems mysteriously high.
Even more outrageous is the fact that under Cheney’s rule, the company moved their operations offshore so they don’t even pay taxes.