the Republicans scream about health care...

Discussion in 'Politics' started by slurper_la, Mar 27, 2009.

  1. slurper_la

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  2. Flashy

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    you are a complete idiot.

    how is this a republican or democrat issue? plenty of democrats voted in favor of the war.

    ironically, you have shot yourself in the foot...take a look at #9 Perini - and #10 URS...both are controlled/owned by Richard Blum, husband of Democratic senator Diane Feinstein

    (controlled by financier Richard Blum) is one of the more controversial companies to have scored big-time Iraq war money. That’s because Blum’s wife, Senator Dianne Feinstein, appears to have used her seat on the Construction Appropriations subcomittee to steer the $650 million environmental cleanup deal in his favor. This has lead to outrage and cries for conflict of interest investigations among those in the media, as well as Feinstein’s peers in Congress. Feinstein has also neglected to comment on this potential conflict of interest. This has lead to what Metroactive.com calls an “omission [that] has called her ethical standards into question.”


    Another widely disparaged, Blum-controlled company that has profited from Iraq is URS Corporation. Long known as one of the nation’s major defense contractors, San Francisco-based URS has collected $792 million in environmental cleanup fees in Iraq war zones. As with Perini, both Blum and Feinstein have come under intense scrutiny to answer questions about the apparent conflict of interest inherent in Feinstein helping to secure such an exorbitant fee for her investment banker husband. Both Blum and Feinstein have refused to produce copies of the ethics commitee’s rulings on Perini/URS, leading to considerable suspicion.





    Mrs Feinstein is a democrat.



    also how are some companies on that list "vicious", pray tell?

    of the 25 mentioned, the majority are actually *BUILDING* and *REPAIRING*

    how are these activities "vicious"?

    Washington Group International - has parlayed its expertise in the repair, restore, and maintenance of high-output oil fields into $931 million in Iraq-related revenue from 2003-2006. The publicly traded 25,000 employee company’s other specialties include the building and maintenance of schools, military bases, and municipal utilities, such as watering systems.

    -

    Environmental Chemical - All war zones eventually becomes cluttered with spent ammunition and broken/abandoned weapons, creating a lucrative niche for any company willing to clean it all up.
    The privately held Burlingame, California company has stockpiled $878 million by the end of fiscal 2006 for munitions disposal, calling upon its “decade of experience planning and conducting UXO removal, investigation, and certification activities.” The company has close ties to several defense agencies and is staffed by graduates of the U.S. Navy’s Explosive Ordinance Schools, as well as the U.S. Army’s Chemical Schools at Anniston.


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    International American Products - Even with all of the blinding innovation and trailblazing advances in military technology, none of it would be very useful without electricity. Running electrical wiring in hostile war zones is dicey business, but IAP has stuck their neck out and collected a cool $759 million in just 3 years for its efforts. While avoiding enemy fire, their work has become increasingly dangerous - and yet, critically necessary - as Coalition forces struggle rebuild cities, put down warring forces, and stabilize the chaotic nation. Schools, oils wells, and other public infrastructure have relied on IAP for the electricity needed to operate. With Iraq slowly beginning to stabilize, International American Products is holding out hope that its job will eventually become less treacherous.

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    Eriny's - London-based Erinys has so far scored $136 million for its effort in securing Iraq's Precious Oil reserves. Riding the coattails of its considerable mining, petroleum, and construction expertise, the company has already made considerable headway toward this critically important goal. In the space of just 16 months, Erinys successfully trained, equipped, and mobilized an all-Iraqi guard force of nearly 20,000 to protect the nation’s oil pipeline from terrorist attack or sabotage.

    -

    Fluor - scored a monster 1.1 billion contract in 2004 to build, service, and manage water/sewage systems in Iraq. The deal is actually a joint venture between Fluor (a 44,800 employee company based on Aliso Viejo) and London’s AMEC, PLC and actually encompasses two separate contracts. The first - worth $600 million - obligates Fluor to build a water distribution infrastructure and cleaning system for Iraq’s major cities. A second $500 million deal will have the lucrative joint venture performing similar tasks in other, less hostile regions of the country.

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    Perini - Enivronmental cleanup and reconstruction.

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    URS - Environmental cleanup and reconstruction

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    Armor Holdings - Armor Holdings’ specialty is providing state-of-the-art armor for military vehicles and important personell as they traverse dangerous Iraqi war zones. The civil war between opposing Sunni and Shia and general unrest throughout the country have greatly increased the demand for the company’s products.

    (oh mon dieu, providing armor to the vehicles our troops drive so they can be safe)

    -



    - American General - AM General (a subsidiary of Renco) is another company that has seen its revenue sail toward the heavens since the beginning of combat in Iraq. The renowned maker of extra-wide all terrain vehicles


    -
    yes those vicious all terrain vehicles
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    HSBC - has purchased a controlling stake (70%) of the newly created Iraqi national bank, Dar es Salaam Investment Bank, which, though small, has already amassed assets of $91 million. HSBC’s chief executive of Middle East operations, David Hodgkinson, was quoted as saying HSBC intends to “develop the bank’s services by investing in computerised payment systems and cash machines.’ HSBC’s stake in the fledgling Iraqi bank could turn out to be a significant strategic foothold in the developing country. According to a BBC report, the bank already has 14 operating branches across Iraq and a modest but growing staff of 450. It is also the first private bank in Iraq since the toppling of Saddam Hussein, as the late dictator did not allow them during his rule.


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    NOthing like the viciousness of attempting to invest in a nascent and developing banking system in a country that will need money to grow :rolleyes:


    -


    Cummins-
    Cummins has staked its claim to $45 million in Iraq war-related revenue with its robust line of diesel engines and power stations.


    United Kingdom-based Cummins”signed a distribution agreement with HMBS in Iraq for all Cummins brand products and equipment.” Antonio Leitao, Cummins’ General Manager of the commercial power generation business in Europe, spoke approvingly of the deal.
    “Cummins Power Generation is proud to be the first generator set
    to establish a distributorship in Iraq that covers the whole country.”
    Cummins and power-generating companies like them will be instrumental over the coming years, as the world learns whether Iraq truly has a future as a rebuilt, independent nation.

    --

    Hmm yes...they are providing power, engines and generators...vicious indeed.

    after all, let's leave the Iraqis with no power....that is less vicious

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    Merchant Bridge -
    The investment banking group has ambitiously targeted marketshare in Iraq’s developing construction, telecommunications, real estate, hotels, and information technology industries, all of which have been made easier by being the “lead advisor” to Iraq’s Ministry of Industry. The inside partnership has paved the way for MerchantBridge’s factory lease program, the opening of Mansour Bank, and an overall capitalization of $61 million.
    Furthermore, 90% of MerchantBridge’s initial operating capital in Iraq has been supplied by Iraqi investors.


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    Because why would Iraqis need the viciousness of construction, telecom, financial services...etc... :rolleyes:



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    Global Risk Strategies -
    Risk management is a lucrative business the world over, and the stakes are nowhere higher than the high-pressure war zones of a foreign nation. GlobalRisk Strategies has capitalized to the tune of $24.5 million, which it has primarily earned by advising U.S. and Coalition forces on the risks of various counter-terrorism strategies. Some of the more noteable risks the company’s 2,000 employees have managed include distributing fresh currency to the locals and guarding the heavily fortified Baghdad airport during 2004.
    Alternatively, GlobalRisk has also assisted with reconstruction and delivering humanitarian aid in the banking, aviation, oil and infrastructure sectors throughout Iraq.


    --








    i see some cronyism and incompetence, by a few of the companies...but i see very little "Viciousness" except for perhaps in the security contracting firms

    which only encompass 5 or so of the 25.

    the rest is nonsense.

    why not do a bit of research next time instead of being spoonfed crap and then posting it here?
     
    #2 Flashy, Mar 27, 2009
    Last edited: Mar 27, 2009
  3. pym

    pym New Member

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  4. Phil Ayesho

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    Flashy- Its a republican issue because republicans promoted the war- republicans falsified intelligence and testimony to congress in order to get congress to vote for the war; Its republicans who set the strategy for the war- that hired Blackwater, that gave 20 billion in no bid contracts to halliburton... Who determined which profiteers would get paid, how much, and then failed to regulate their work.

    It was republicans who pulled the old switcheroo, swapping the Patriot Act bill that Democrats had READ, for one they Re-Wrote at the eleventh hour and which included unconstitutional provisions that were NOT in the original Bill.

    IT was republican Neo Con influence that DETERMINED that war on Iraq was the proper response to an attack by Saudis out of Afghanistan.
    It was Republicans who totally ignored vital intelligence collected by the Clinton Administration that ALLOWED the 9/11 attacks to occur, and failed to capture the people responsible.

    It has been a republican agenda, for nearly 30 years, to convince the American people that Government was bad, that regulation and oversight was evil, and that unrestrained invisible hands would make everything hunky dory left to themselves...

    And, yes, a LARGE number of "moderate" democrats drank the koolaid, especially since the mega corporations that resulted from de-regulation were handing out millions in campaign financing to get Democrats to see thing their way.


    So, sorry... While I tend to share you dim view of politicians of all stripes... POLICY DOES MATTER.
    Americans fell in with the most irresponsible con artists in politics and for a long time now have favored republican ideas and republican policies.
    Bill Clinton is famous for losing control of the Senate and passing more of the republican agenda than any previous republican president managed to do.
    ( although, in balancing the budget and cutting back welfare... he made the mistake of thinking republicans actually BELIEVE the shit they sell to the citizenry)

    The facts are clear... as bad the Democrats have been in the past... they are the lesser of two evils today.

    And the republicans are entirely responsible for the direction of this war, the prosecution of this war and the failures of this war.
    Not to mention the spectacular failure of the economy caused entirely by republican de-regulation and the Graham bill passed in 99 that removed the post depression safeguards that had kept our economy stable for 70 years.


    I know you like to rant on EVERY party but the embarrassingly impotent one you endorse, but who voted on these wars and the bills leading to this economic collapse is not the issue.

    EVERYONE who voted for it, regardless of party affiliation, was KNOWINGLY voting for a Republican policy, or Republican agenda.
     
  5. Flashy

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    1. I don't endorse any party let alone an impotent one.

    2. All your screaming does not change the fact that the OP was saying that the republicans scream about health care etc. etc. so "nobody pays attention to" and then a list of companies who are participating in *VITAL* and necessary rebuilding efforts in Iraq.

    3. The cleanup, rebuilding, restructuring and assistance of the Iraqi people is *NOT* in fact, a Republican or Democratic issue.

    4. You of course completely avoided the facts of the issue, which, is the simple fact, that these companies are not "vicious" for doing their job, and the reconstruction is a necessity no matter what party you support.

    5. Once again, you have no clue about the Gramm Leach Bliley Act...not that this is of *ANY* relevance to the topic at hand, however you always seem to conveniently ignore the facts that it passed the senate with 90 votes, two of its major water carriers were on the democratic side of the aisle, pushing the whole way (Schumer and Dodd) and Clinton signed it.

    It takes two to tango and the majority of the Democrats were perfectly thrilled to get that piece of crap legislation passed.

    You can say whatever you want about an asshole like Phil Gramm, but the fact is that 90% of the senate voted for it, the House passed it with considerable democratic support and a democratic president signed it into law.

    the repeal of the Glass Steagall Act, through GLBA, and its resultant effects lies firmly on the heads of both parties as does the passing of the Commodity Futures Modernization Act and its resultant effects. Both were signed into law by a democratic president, one had overwhelming democratic support in the House and Senate, the other was snuck in by republican leadership with democratic help in the house and attached to a spending bill, and the Senate version was never even debated and passed by unanimous consent.

    so stop trying to excuse the democrats while laying all the blame at the doorstep of the GOP.


    None of the above has *ANYTHING* to do with the OP's absurd contention about the "viciousness" of the mentioned companies who are doing a dangerous job in Iraq.
     
  6. midlifebear

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    LOL! Flashy, while I tend to agree in large part with your stance on the Business Pundit list, I'm more than in agreement with you regarding not endorsing any political party (although, I'm a Truman baby and do have a certain allegiance to the Mule from Missouri). But the "buck stops there."

    However, if and when in the future you decided to call me out for one of my bleeding heart rants, please be kind enough to start it with: "Midlifebear, you ignorant slut!" It just has a nicer ring to it than "You are a complete idiot." LOL!
     
  7. Flashy

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    Gorthak no listen
    Gorthak say go! :wink:
     
  8. B_starinvestor

    B_starinvestor New Member

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    Hahahaha.

    I love that the article cites HSBC as vicious profiteers since they have an equity ownership in an Iraqi bank.

    Hysterical. The Iraqi bank has less than 500 employees and only a dozen or so branches.

    Sounds like they are really cleaning up.:rolleyes: HSBC has over 310,000 employees. This Iraqi bank isn't even a fart in the wind for HSBC.

    Blithering idiot. Asinine.
     
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