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EC 420
Diana Guzman
Travis Logan
Nathan Negrete
Todd Nichter
Current Politics
• 57% of all Americans favor a withdrawal of
troops from Iraq.
• 61% believe that the recent increase had
either no effect or made things even worse
(Rasmussen Reports, 2007)
Contracts in Iraq
• 145,000 active troops on duty in Iraq
• 126,000 or more privately paid personnel
that are working alongside our military
Greenhouse & Blackwater
• Bunnatine Greenhouse calls attention to
how a contract was handled.
• Lack of competition
• Unorganized contracts lead to
misinterpretations.
• Blackwater incident.
Risks and Rewards
Monopoly
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50,000 KBR employees in Iraq only
13,000 were American citizens
KBR in 4 months spent $88 million for
meals never served.
$108 million on gas at inflated prices
$1.8 billion on other unnecessary costs
$11.84 billion dollars in services since
2002
Final Thoughts…