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Old 11-06-2011, 11:42 AM   #84
SamIam
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Join Date: Jun 2007
Location: Not here
Posts: 2,655
I'm with you, Lamplighter. Private contractors are raking in money hand over fist. They're making a killing in more ways than one. During the Iraq War, there was one private contractor employee for every one American soldier.

Lots of interesting stuff from the CBO. Here's a snip:


Quote:
CBO estimates that total spending by U.S. agencies and U.S.-funded contractors for private security services ranged between $6 billion and $10 billion over the 2003–2007 period. Between $3 billion and $4 billion of that spending was for obligations made directly by the U.S. government for private security services in Iraq.20 The government’s obligations for those services have amounted to roughly between $500 million and $1.2 billion annually since 2005. DoD, DoS, and USAID have awarded all of the U.S. government contracts for security services in Iraq.
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