2 posts tagged with corporations by dejah420.
Displaying 1 through 2 of 2.
Can it be called war profiteering? The size and scope of the government contracts awarded to Halliburton in connection with the war in Iraq are significantly greater than was previously disclosed and demonstrate the U.S. military's increasing reliance on for-profit corporations to run its logistical operations. Independent experts estimate that as much as one-third of the monthly $3.9 billion cost of keeping U.S. troops in Iraq is going to independent contractors.
Congress agrees, citizens shouldn't have the same right to bankruptcy protection as corporations. The Senate and House, after much lobbying by credit card companies, have decided that consumers don't need protection. Corporations can still file for bankruptcy, leaving stockholders and employees standing in the rain, but Joe Consumer had better not get sick, lose his job, or not pay that usurious 25% interest rate. This is the same bill that Clinton vetoed as being unfair to consumers...but we all know where this regime's loyalties lie...and it ain't the people.