"Many of the same 'disaster profiteers' and government agencies that mishandled the reconstruction of Afghanistan and Iraq are responsible for the failure of 'reconstruction' of the Gulf Coast region. The Army Corps, Bechtel and Halliburton are using the very same 'contract vehicles' in the Gulf Coast as they did in Afghanistan and Iraq. These are 'indefinite delivery, indefinite quantity' open-ended 'contingency' contracts that are being abused by the contractors on the Gulf Coast to squeeze out local companies. These are also 'cost-plus' contracts that allow them to collect a profit on everything they spend, which is an incentive to overspend."
The corporate profiteers in Iraq and New Orleans need to serve some prison time.
12:54 PM
kresek