There Used To Be Another Name For This


Halliburton just released their third-quarter numbers, and this was among the highlights:

Profits from [Kellogg Brown & Root's] operations soared to 49 million dollars in the three months to September 30 from 12 million dollars for the period a year earlier, helped by "government services activity in the Middle East," Halliburton said.

Didn't they used to call this sort of thing "war profiteering"?

Update: And didn't these guys used to be called "mercenaries"?


Argh! Don't remind me.

At least the new bid (to continue Halliburton's Iraq work) is actually a competitive one.

Their contract is for costs plus 2%. A possible later award of an additional 5%

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