Reminder: Halliburton Made $39.5 Billion From The Iraq War
JakeThomas
The Intellectualist
KBR was awarded at least $39.5bn in federal contracts during the ten years its staff served along U.S. troops in Iraq.There are some on the left eager to embrace President George W. Bush simply because occasionally he criticizes Donald Trump.
Halliburton — once run by former Vice President Dick Cheney — and its spin off, KBR, were the biggest recipients of government largess derived from the destruction of Iraq.
The US has overwhelmingly borne the brunt of both the military and reconstruction costs, spending at least $138bn on private security, logistics and reconstruction contractors, who have supplied everything from diplomatic security to power plants and toilet paper.
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An analysis by the Financial Times reveals the extent to which both American and foreign companies have profited from the conflict – with the top 10 contractors securing business worth at least $72bn between them. None has benefited more than KBR, once known as Kellogg Brown and Root.
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The controversial former subsidiary of Halliburton, which was once run by Dick Cheney, vice-president to George W. Bush, was awarded at least $39.5bn in federal contracts related to the Iraq war over the past decade.