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War Profiteering and US Companies Doing Business with Terrorists
by kathy@truthisbetter.org Last updated 2004-10-25

  • Arms Sellers profit from war. 9 of the 32 members of the Defense Policy Board that advises the U.S. Defense Secretary Donald Rumsfeld have private sector contracts with arms manufacturers. The first President HW Bush is employed by the Carlyle Group since at least march, 2001 and advises the current President, his son, GW Bush to wage war that puts millions of dollars into HW Bush's pocket with every large weapons contract he sells. The longer the U.S. stays at war, the more GW Bush will inherit from his father.
     Cheney's multi-million dollar Revolving Door
    U.S. Corporations supplied Sadam Hussein of Iraq with its weapons of mass destruction.

  • Terrorist Recruiters have an easier time recruiting young suicide bombers after military action kills and injures innocent civilians. Over 10,000 Iraqi civilians have been killed in the GW Bush Iraq war. The pattern of military retribution by Israel against Palestinians shows that military actions "against terrorists" that injure and kill many innocent civilians perpetuate terrorist acts rather than diminishing them. U.S. troop occupations of countries with repressive governments like Saudi Arabia, where most of the 9/11 terrorists came from, also help terrorist recruiters because people in that country feel that they cannot improve their government because U.S. troops prop it up.
     
  • Oil Tycoons profit enormously from war because war uses astronomical amounts of oil. (One B2 bombing mission uses as much fuel as it takes to drive an SUV for 100 to 500 years. Calculate yourself: Six to twelve KC135s refuel the B2, each uses 10,000 lbs of fuel per hour for approximately 6 hours. The density of both jet fuel and automobile gas is approximately 7 lbs/gal. Figure an SUV gets 20 mpg average 12,000 mi/yr) Oil prices go up during war due to shortages and uncertain supplies. U.S. oil tycoons especially profit if the country being occupied by U.S. troops is an oil rich country like Saudi Arabia, Kuwait, or Iraq.
     
  • Reconstruction Companies such as Halliburton and Bechtel are rewarded after war by lucrative contracts to rebuild such infrastructure as blown up oil wells, roads, buildings, electrical, water, and telecommunications systems. Some U.S. politicians who influence whether or not the U.S. goes to war have financial interest in these companies that profit from rebuilding nations after U.S. military action. Vice President Dick Cheney's conflicting interests in Halliburton. Vice President Dick Cheney receives more money each year from Halliburton than his salary as Vice President, and Halliburton is awarded millions in government defense contracts without having to bid for them.

    Read about Bechtel - Letter to the Iraqi People from Bolivia

    Fact sheets on War Profiteers

    Other Examples
    Kellogg Brown & Root, a Halliburton subsidiary, was given a Pentagon contract worth as much as $7 billion over two years, without competition. Kellog Brown also built cells for detainees at Guantanamo Bay in Cuba and is the exclusive logistics supplier for the Navy and the Army. Vice President Dick Cheney received $30 million from Halliburton just prior to becoming Vice President. The entire Iraq reconstruction effort could cost up to $100 billion and be one of the most lucrative building programs in decades. (Apr 11, 2003 New York Times article by Elizabeth Becker)

    Secretary of Defense Donald Rumsfeld is a board director of ABB--the Zurich-based energy company that sold two light-water nuclear reactors to North Korea in 2000. (Newsweek April 14, 2003)

  • Congressional Representatives reap political rewards from having money spent in their Congressional districts by weapons manufacturers, and also by campaign contributions from the companies which profit from war.

Here is an interesting and exhaustive online article about who has profited from 9/11.



See The Nation, War Profiteering
War profiteering affects the U.S. economy
Rebuilding Iraq - The Contractors
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