What effect, if any, has the Iraq War had on the US economy?
Oh, please tell me you saw the testimony yesterday, before a Senate sub-committee, in which it was revealed that a 22 year-old son of a US private contractor (and his 25 yr old “masseuse” friend) were listed as the CEO and VP of a corporation with $300million in contracts in Iraq! http://www.huffingtonpost.com/2008/03/27… or the article in the NY Times yesterday about the contractor that paid $2.5m to settle a fraud suit. “The fraud suit involved work that the company performed at Kelly Air Force Base in San Antonio. The contracts, awarded without competitive bidding, paid the company a negotiated price of $24 million. But the company reaped profits of 30 percent, the Justice Department asserted, when it was legally entitled to profits of 10 percent. ” http://www.nytimes.com/2008/03/2
