We are spending about 1.5 billion taxpayer dollars in Iraq every week, about $1.5 billion every week in Iraq. Some of it is military, some of it is construction, a whole host of activities in Iraq. Not nearly enough of that money goes, frankly, for body armor for our soldiers. As we have seen with the Halliburton scandals, not nearly enough of that money goes to feed or house the troops, or for protective armor on Humvees. We also know where a lot of the money is going. Approximately one-third of the billion and a half, close to $500 million per week, is going to private contractors. Not the Pentagon, not government employees, not soldiers, not what we traditionally think of as a military operation; $500 million roughly per week is going to private corporations. Many of those contracts for these private corporations are unbid contracts. A decision is simply made, possibly by Vice President Cheney, who was CEO at Halliburton and still is on the Halliburton payroll. Some of that money is given in unbid contracts to Halliburton and other companies. Halliburton has $2 billion in unbid contracts.
Editor's note · Context
Discussing the financial implications of the Iraq operation and contracts awarded to private companies.
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