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How Much Are You Making on the War, Daddy?: A Quick and Dirty Guide to War Profiteering in the Bush Administration Paperback – December 26, 2003
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He shows how Rumsfeld might have alerted Carlyle Group CEO Frank Carlucci about the planned cancellation of one of it's subsidiary's programs to build the Crusader artillery system. Several months before the cancellation, Carlyle suddenly put the subsidiary on the stock market so that it might draw in shareholders and took out a huge loan based on the inflation of the value of the subsidiary and distributed it to shareholders and execs. Carlyle is of course the group which George Bush Sr. advises and whose executive James Baker and his law firm are representing the Saudi royal family against the families of 9-11 victims.
Rumsfeld was on the board of the Swiss engineering firm ABB for years.. That firm made the contract to oversee the construction of North Korea's two light water nuclear reactors.Read more ›
The problem, as Hartung points out, is that both parties get into bed with corporations by accepting huge donations for political races and return the favor via legislation changes, special considerations, and other questionable, if not downright unethical, methods. The intertwining of boardrooms, Washington appointments, lucrative contracts, and political campaign money forces taxpayers to cough up billions each year (and well into the future). Yet many of these global conglomerates pay a fraction of their fair share of taxes by establishing offshore tax shelters.
The coziness of Wall Street and the Pentagon leads to enormous opportunities for abuse such as no-bid contracts, a topic so recently in the news in the current war on Iraq. And guess who pays? Look in the mirror my friends.
While I'm not sure I'd recommend this book as the final word on the topic, I'd say it was a good starting place, particularly if you are interested in the current administrations octopus-like ties to global corporations. If you can put aside the labels "Democrat" and "Republican" for a while, you might get worked up a little about how your tax dollars are being abused on a daily basis and start lobbying your Congressional representatives about PACs and other questionable funding strategies.
The people who profit from the misery of others (and in most cases, cause it to begin with) are hideous jackals that no decent society should tolerate. If you feel this book is "Bush Bashing" then you need to inhale deep of the air of reality- Bush and his henchmen are "bashed" because they are immoral, soulless ghouls who KILL PEOPLE FOR PROFIT.
Clear enough? Read the book.
Most Recent Customer Reviews
The central question posed by William Hartung is this-Are we as a democracy prepared to deal with the threat implied by the dangerous gathering of corporate,military,and... Read morePublished on July 5, 2008 by J.L. Populist
This book was solid, well-written, and probably worth the $9... Definitely the topic deserves all the attention it can get, and this book is a good introduction. Read morePublished on January 6, 2005 by Pete
We all pretty much know what's going on in Iraq and the real reason we went to war but this book takes you though the process step by step uncovering scandal after scandal the Bush... Read morePublished on January 26, 2004