March 13, 2003

After the hit  

Jeanne d'Arc is doing a great job covering the corporate interests and the Christmas presents they'll be getting after the war. The stuff about Halliburton is esecially nauseating:

The Bush administration, preparing what would be the most ambitious U. S. rebuilding project since the aftermath of World War II, expects in coming days to award a construction contract worth hundreds of millions of dollars to begin remaking Iraq, U.S. officials said Monday.

The huge umbrella contract, the first to be awarded, would pay for construction and repairs to roads and bridges, as well as schools, hospitals and mosques, officials said. Other large deals are under negotiation to jump- start a reconstruction effort that would follow an overthrow of Iraqi President Saddam Hussein.

A handful of U.S. construction giants - including San Francisco's Bechtel Group Inc. as well as Halliburton Co. and Fluor Corp. - were invited to bid for the work on an emergency basis. Analysts said the companies hope to win the contract and position themselves for such future projects as the repair and development of the country's oil industry.

It's interesting that British firms weren't invited to bid for the work. From what I heard of the British parliament debate yesterday, it sounds like they're incensed about the Bush admin's failure to include them for these contracts. It does look like the Brits will get some of the oil contracts, but as I understand it, under international law the occupying powers will have to honor contracts made by the departing government. It's sure to be a big brawl, since Russia and France have all the contracts now.

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