Weenie US Contractors

by Joe Pulcinella

I wonder if the warhawks will start to put down US contractors who pull out of Iraq like they did to nations who left the "Coalition of the Willing?"

Meanwhile a big US contractor has pulled out of the $20bn (£12bn) reconstruction effort. According to The Los Angeles Times, Contrack International, which heads a partnership that won a $325m contract, one of 12 major reconstruction contracts awarded this year, has stopped work on the project because of "prohibitive" security costs.

Wow, that's a lot of dough to just pass up. Especially when the US military is doing such a great job of securing Iraq. Something tells me we're not hearing the whole story from Faux, er, I mean Fox News.

Posted 12/23/2004 9:31:50 AM by Joe Pulcinella

After Sundays election, Viktor Yushchenko has promised to pull Ukranian soldiers out of Iraq due to the public sentiment for such. That's 1,500+ more soldiers gone. Also read up on the controversy in Ukraine. Many dont think it matters, but its having a chilling effect on US-Russia relations. Also read of the government plunder and auction of a gas company there..... http://www.fool.com/News/mft/2004/mft04122311.htm

Posted 12/23/2004 2:09:56 PM by sm