Loading ...
Sorry, an error occurred while loading the content.

As Bechtel Goes

Expand Messages
  • World View
    As Bechtel Goes By PAUL KRUGMAN Published: November 3, 2006 Bechtel, the giant engineering company, is leaving Iraq. Its mission — to rebuild power, water
    Message 1 of 1 , Nov 3, 2006
    View Source
    • 0 Attachment
      As Bechtel Goes
      By PAUL KRUGMAN

      Published: November 3, 2006

      Bechtel, the giant engineering company, is leaving Iraq. Its mission —
      to rebuild power, water and sewage plants — wasn't accomplished:
      Baghdad received less than six hours a day of electricity last month,
      and much of Iraq's population lives with untreated sewage and without
      clean water. But Bechtel, having received $2.3 billion of taxpayers'
      money and having lost the lives of 52 employees, has come to the end
      of its last government contract.

      As Bechtel goes, so goes the whole reconstruction effort. Whatever our
      leaders may say about their determination to stay the course complete
      the mission, when it comes to rebuilding Iraq they've already cut and
      run. The $21 billion allocated for reconstruction over the last three
      years has been spent, much of it on security rather than its intended
      purpose, and there's no more money in the pipeline.

      The failure of reconstruction in Iraq raises three questions.
      Continued:
      http://mparent7777.livejournal.com/14231328.html?mode=reply

      *********************************************************************

      WORLD VIEW NEWS SERVICE

      To subscribe to this group, send an email to:
      wvns-subscribe@yahoogroups.com

      NEWS ARCHIVE IS OPEN TO PUBLIC VIEW
      http://finance.groups.yahoo.com/group/wvns/
    Your message has been successfully submitted and would be delivered to recipients shortly.