Double trouble for Halliburton (Waxman, State)

Double trouble for Halliburton
By William Fisher

NEW YORK - The Halliburton corporation, already the Iraq war's poster child for "waste, fraud and abuse", has been hit with a new double whammy. A report from the US State Department accuses the company of "poor performance" in its US$1.2 billion contract to repair Iraq's vital southern oilfields.

And a powerful California congressman is charging that Defense Department audits showing additional overcharges totaling $212 million were concealed from United Nations monitors by the administration of President George W Bush.

The new overcharges bring to $2 billion, or 42% of the contract amounts, the grand total of questionable bills from Halliburton.

According to Representative Henry Waxman, the top Democrat on the House of Representatives sub-committee on government reform, "both the amount of Halliburton's overcharges and the extent of the information withheld from the auditors at the UN's International Advisory and Monitoring Board were much greater than previously known".

(more)

http://www.atimes.com/atimes/Middle_East/GD23Ak01.html

The U.S. govt will go down before Halliburton. Well before. Just as cockroaches will outlive a nuclear holocaust.

Isn't that about the amount that was rejected for Veterans Health Care by the Repukes last week?

The ironies just keep coming....

before you annoy Halliburton Lobbyist-in-chief Dick Cheney.

Waxman will be powerful only when he is chair of the reform committee. And that will only happen if the dems win the house in 2006. Hell will freeze over before the rethugs schedule any reform committee hearings on haliburton.

It can't be easy keeping up with the corruption of the robber barons of Halliburton, etc.

Waxman is a hero of mine for his bulldog-like determination.

Californians must be very proud of Rep. Waxman.

Where is this money that Halliburton and Carlyle have been stealing from the world for decades...where is it going? How are they spending it?

I've long since stopped believing that the ultimate purpose is personal purchases. Is there something else, much bigger, that we're not immediately seeing?