Haliburton Honeypot

The Army is finally ending its contract with Haliburton to provide inedible food, nonpotable water, and laundry service that charged $100 for every 15 pounds of dirty skivies. Then there is the little things - housing Haliburton employees in hotels at $10,000/day, abandoning trucks by the side of the road if they get a flat tire, and double billing for contractor's work. But I object to the contention by Byron Dorgan -

I believe literally hundreds of millions, and probably billions, of dollars have been wasted — it's almost an unbelievable amount of waste and abuse and likely fraud.

Why, since the Iraq war began Haliburton's stock price has gone up 367%. The money wasn't wasted, it went from the taxpayers directly into the pockets of Haliburton stockholders. There's gold in them thar wars.
Four year chart from Big Charts.

tags: haliburton, Cheney, Iraq