Big Contractors Begin to Flee Iraq

[grumpy old fart]

http://www.iribnews.ir/Full_en.asp?news_id=184473

Washington, Dec 22 - Contrack International Inc. has become the first major US contractor to pull out of the reconstruction effort in Iraq, the Los Angeles Times said Wednesday, adding that high security costs were to blame.

"We reached a point where our costs were getting to be prohibitive," company president Karim Camel-Toueg told the paper.

Walking away from $320 million+ contract.....hmmm, check out the name of the President of the Company...

[grumpy old fart]

1. Self Delete...

[berni_mccoy]

2. Karim Camel-Toueg

Sounds American alright.

[w4rma]

3. Could be. But they definitely had a HUGE contract. (nt)

[Massachusetts]

4. Interesting

OUR $$$ pays contractors to rebuild a country OUR government (company), decided to destroy on a bad decision that is costing US lives and $$$$, yet the contractor who is making $$$$ off us decides to leave because its not in their company's best interest (bottom line), but we stay and continue spending lives and $$$$$ on a venture that was never in the best interests or bottom line of OUR company (OUR country).

HELP I'm confused.

Sorry for the run on sentence.

:wtf:

[katinmn]

5. the first and hopefully not the last

[AllegroRondo]

6. Its always about $$$

They're not leaving because their people are getting killed, or because security is too weak, but because it costs too much.

[dw]

7. If we privatize our military...

... we'll only be getting into profitable wars, which this one certainly isn't. And as soon as any shooting starts, our contracted troops will be outta there.

I'm all for privatization.

[Moderator]

8. duplicate topic

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=1091279