Top 10 money making companies in Iraq

[CptStern]

1. KBR Inc. (a subsidiary of Haliburton) and Halliburton


2. Veritas Capital Fund

3. Washington Group International

4. Environmental Chemical

5. International American Products

6. Fluor

7. Perini

8. Parsons

9. First Kuwaiti General Trading & Contracting

10. L-3 Communications (LLL, news, msgs)

http://articles.moneycentral.msn.com/Investing/CompanyFocus/WhosProfitingFromTheIraqWar.aspx?page=1

no surprise on Haliburton ..but notice that there's not a single iraqi company in that list ..with one exception they're all american companies ..and the one that isnt was recently accused of using slave labour

 

[Dan]

I almost got a job with Fluor, but yeah, there is shit loads of taxpayer money getting tossed around over there. You hear stories of $100 to wash a load of laundry. $4000 dollars for a barracks mini-fridge. Destroying trucks with flat tires rather than just replacing the tire.

 

[No Limit]

My old roomate's parents made bank off the Halliburton stock they bought back in 2000. I think they more than trippled their investement by now. Good for them, not really good for the rest of the country.

 

[CptStern]

My old roomate's parents made bank off the Halliburton stock they bought back in 2000. I think they more than trippled their investement by now. Good for them, not really good for the rest of the country.

:O they're part of the problem ...you know what you must do

/me hands No Limit pitchfork and torch

 

[HunterSeeker]

:O they're part of the problem ...you know what you must do

/me hands No Limit pitchfork and torch

Tsss, you are so backwards. Mustard gas is where it is at!

 

[CptStern]

I'm old fashioned

/me heats cauldron of oil, adjusts thumbscrews

 

[K e r b e r o s]

I think you also forgot the thing thats probably richer then Halibourton. Al-Qaeda. :thumbs:

 

[TheDude]

I think you also forgot the thing thats probably richer then Halibourton. Al-Qaeda. :thumbs:

You're forgetting something that is more powerful than Al Qaeda- the U.S government. They're the ones contracting out to these companies, some of which are invested in by powerful politicians. (I.E Dickless Cheney having a hand in Halibourton)

 

[CptStern]

I think you also forgot the thing thats probably richer then Halibourton. Al-Qaeda. :thumbs:

please provide sources ..in the period of sept 06 t jun 07 Haliburton revenue totals approached 4 billion ..in less than a year ..please provide sources that says osama has revenues that are comparable ..remember this is a single fiscal period, so yearly profits are much higher

http://finance.yahoo.com/q/is?s=HAL

 

[Vigilante]

lololl amerika suckzzzzzzz

 

[K e r b e r o s]

You're forgetting something that is more powerful than Al Qaeda- the U.S government.

You want to know something thats more powerful then the US Government? An epileptic monkey with Parkinsons disease.

in the period of sept 06 t jun 07 Haliburton revenue totals approached 4 billion ..in less than a year ..please provide sources that says osama has revenues that are comparable ..remember this is a single fiscal period, so yearly profits are much higher

k.

The 2002 street price of heroin in the UK was about 60 ? per GRAM, or (assuming the present 1.89 USD to 1 ? exchange) 113.40 USD per GRAM. As the supply goes up the price will come down some, so for this calculation only the 2002 figures will be used. If all the opium harvest is converted into heroin and all of it is sold at the UK street price, the total street value of the harvest is 86.7 billion USD. (765 metric tons x 1000 kg/metric ton x 1000 grams/kg x 113.4 USD/gram = about 86.7 billion USD.) To the extent the 2002 numbers are valid today, the street value of the 2005 harvest should be roughly twice the street value of the 2002 harvest, about 173 billion USD.

To put these numbers in perspective, the total market capitalization of Ford, General Motors and Daimler Chrysler combined is about 76 billion USD. The total market capitalization of Toyota and Honda combined is about 167 billion USD.

http://en.wikinews.org/wiki/2005_Afghan_opium_harvest_begins

If its doubeled and been correctly halfed for Al-Qaeda's involvement with Opium that's 43 or 38 billion that they've been making or will be so.

Sorry, Hallibourton.

lololl amerika suckzzzzzzz

Yes, even with that cool sounding laptop of yours.

 

[sinkoman]

I think you also forgot the thing thats probably richer then Halibourton. Al-Qaeda. :thumbs:

When you download open source, you're downloading TERRORISM!!!

 

[No Limit]

If its doubeled and been correctly halfed for Al-Qaeda's involvement with Opium that's 43 or 38 billion that they've been making or will be so.

Sorry, Hallibourton.

I have a very hard time believing Al Queda has much if any control over the poppy trade in Afghanistan. I could be wrong, do you have any information on this?

 

[CptStern]

You want to know something thats more powerful then the US Government? An epileptic monkey with Parkinsons disease.



k.



http://en.wikinews.org/wiki/2005_Afghan_opium_harvest_begins

If its doubeled and been correctly halfed for Al-Qaeda's involvement with Opium that's 43 or 38 billion that they've been making or will be so.

Sorry, Hallibourton.



Yes, even with that cool sounding laptop of yours.

this is your proof? cause and effect logical fallacy: you didnt prove anything, ..unless you can directly tie the 43 billion to al qaeda you have nothing ..I want to see revenue charts per quarter not some half assed attempt at associating an entire industry with a slintered terrorist group who spends most of it's time holded up in caves

 

[Raziaar]

There is a huge Halliburton Research & Development company just a couple blocks away from me down the street.

 

[PvtRyan]

That's terrible math (or at least you use it in a terrible way). It wrongly assumes that 1) The Afghans receive the UK/US street price eventhough suppliers of opium wouldn't ever receive the $ / gram that processed heroin costs, I'd suggest you look up what Porter's value chain is 2) Al-Qaeda receives a significant portion of the money, Taliban/militias != Al-Qaeda 3) none of the goods were intercepted by the law.

The math in your link calculates a purely hypothetical street value, but to say Al-Qaeda made that kind of money is ridiculous. They would be richer than a lot of countries.

 

[K e r b e r o s]

When you download open source, you're downloading TERRORISM!!!

Actually, you're more then likely downloading Hallibourton.

I have a very hard time believing Al Queda has much if any control over the poppy trade in Afghanistan. I could be wrong, do you have any information on this?

Yep.

http://www.cnn.com/2007/WORLD/asiapcf/09/07/afghanistan.poppies/index.html?eref=rss_topstories

"The Taliban pretty much were ancient history four years ago, and now they are back, because they are deriving money from the drug trade," said Peter Bergen, a CNN terrorism analyst.

Disenchanted farmers find ready allies in the Taliban, who provide protection for them and their fields. Both groups align with drug lords who provide upfront money and credit for crops, pay farmers cash, and after the harvest, pick up the opium themselves. For farmers who may not even own trucks to get crops to market, this service is invaluable.

http://www.time.com/time/magazine/article/0,9171,994994-2,00.html

Tim McGirk's ARTICLE "Terrorism's Harvest" [Aug. 9] described how heroin trafficking is now "a principal source of funding for the Taliban and al-Qaeda terrorists."

http://www.defenselink.mil/transcripts/transcript.aspx?transcriptid=3900

And yet we've seen an increase in violence, a resurgence of the Taliban and al Qaeda, poppy crop is up

http://en.wikipedia.org/wiki/War_in_Afghanistan_(2001–present)#Drug_trade

In 2000, the Taliban had issued a ban on opium production, which led to reductions in Pashtun Mafia opium production by as much as 90%.[25] Soon after the 2001 US led invasion of Afghanistan, however, opium production increased markedly.[26] By 2005, Afghanistan had regained its position as the world’s #1 opium producer and was producing 90% of the world’s opium, most of which is processed into heroin and sold in Europe and Russia.[27] While US and allied efforts to combat the drug trade have been stepped up, the effort is hampered by the fact that many suspected drug traffickers are now top officials in the Karzai government.[28] In fact, recent estimates by the United Nations Office on Drugs and Crime (UNODC) estimate that 52% of the nation's GDP, amounting to $2.7 billion annually, is generated by the drug trade.[29] The rise in production has been linked to the deteriorating security situation, as production is markedly lower in areas with stable security.[30]. The poppy eradication policy propogated by the international community and in particular the United States, as part of their War on Drugs, has been a failure, exacerbated by the lack of alternative development projects to replace livelihoods lost as a result of poppy eradication. Rather than stemming poppy cultivation, poppy eradication has succeeded only in adding to the extreme poverty in rural areas and general discontent, especially in the south of Afghanistan. Several alternatives to poppy eradication have been proposed, including controlled opium licensing for poppy for medicine projects.

http://en.wikipedia.org/wiki/Taliban#Opium

Opium poppies have traditionally been grown in Afghanistan, and, with the war shattering other sectors of the economy, it became the number one export of the country. Accounts differ as to whether the Taliban encouraged or tried to eradicate the cultivation of opium poppies.

Some reports have Taliban officials punishing hashish users and smugglers severely, but only collecting taxes on opium.

The Taliban have provided an Islamic sanction for farmers ... to grow even more opium, even though the Koran forbids Muslims from producing or imbibing intoxicants. Abdul Rashid, the head of the Taliban's anti-drugs control force in Kandahar, spelled out the nature of his unique job. He is authorized to impose a strict ban on the growing of hashish, `because it is consumed by Afghans and Muslims.` But, Rashid told me without a hint of sarcasm, `Opium is permissible because it is consumed by kafirs in the West and not by Muslims or Afghans.`[94]

The Taliban cracked down on opium production later on. In 2000, Afghanistan's opium production still accounted for 75% of the world's supply. On July 27, 2000, the Taliban again issued a decree banning opium poppy cultivation. According to opioids.com, by February 2001, production had been reduced from 12,600 acres (51 km²) to only 17 acres. In July 2001, the United States gave the Taliban 48 million dollars for reducing 99.86% of the production.[95] When the Taliban entered north Waziristan in 2003 they immediately banned poppy cultivation and punished those who sold it.[citation needed]

Another source claims opium production was cut back by the Taliban not to prevent its use but to shore up its price, and thus increase the income of poppy farmers and revenue of Afghan tax collectors.[96]

However, with the 2001 US/Northern Alliance expulsion of the Taliban, opium cultivation has increased in the southern provinces liberated from the Taliban control,[97] and by 2005 production was 87% of the world's opium supply,[98] rising to 90% in 2006.[99]

k. Need more? Will do.

this is your proof?

I've got more if you want to see it. :thumbs:

 

[_Z_Ryuken]

What does that have to do with Iraq?

 

[K e r b e r o s]

^ Here's something even more profound: Al-Qaeda is in Iraq.

I win on-topic points. ^^

 

[_Z_Ryuken]

But what portion of the heroin profit comes from Iraq?

Al-Qaeda can be in Taiwan, does that mean they are a major business there?

 

[K e r b e r o s]

You have to understand that Ransoming individuals or even bombing Coalition Forces to get, "sport money" often doesn't lend itself as enough. The Crops rate of growth and export has doubled -- Al-Qaeda's using the drug to restructure they're operations in Afghanistan and Iraq.

Al-Qaeda can be in Taiwan, does that mean they are a major business there?

I'm sure if, "Al-Qaeda is in Taiwan" then with any luck they're business is exporting the goods oversea's to making it a local trade commodity within a community black market.