Tuesday, March 09, 2004

Halliburton - Again

While the big news in the Wall Street Journal about Halliburton (subscription) is its liquidity problems stemming from several problems, the most immediate issue is the feeding of our troops in Iraq and Afghanistan.

Last night, on NPR, I heard that "Event Source," a Halliburton contractor hasn't been paid by Halliburton since November. Their cash flow problems are so severe that company spokesmen said that Even Source could be forced to feed troops sandwiches and other "lighter fare" instead of hot meals while waiting for Halliburton to pay up on over $30 million.

This is just further insult to the men and women in the Middle East who are already doing without the proper equipment and protective armor for their vehicles and themselves. Now they may be forced to give up the one comfort that brings a little bit of home to them; a hot meal.

In furthering the interests of his ex- and current employee, Dick Cheney, through the administration's contracting policies have resulted in direct, negative consequences to the military.

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