Thursday, June 07, 2007

War Profits!

You too can profit from the Iraq War! Follow along with your favorite characters, the ones who produced and marketed the war, and whose stock portfolios are now fabulous! Invest now, and see how good you can actually feel about war!

In this age of outsourcing, 70 percent of the nation's estimated $48 billion intelligence budget goes straight into the pockets of private contactors—and an additional $58 billion is earmarked for homeland security. For security and defense firms, the road to profitability is paved with government contracts. But landing those coveted deals is often dependent on having friends in those high places where procurement decisions are made.

Lately, we've noticed a stream of former Bush Administration officials and insiders signing on as directors at obscure companies that compete for contracts at their old agencies. Where other observers might see revolving-door corruption, or perhaps an orgy of military industrial profiteering, we see a tantalizing investment opportunity. Just because this crew, which includes George Tenet, Paul Bremer, and Richard Perle, monumentally bungled their duties to the American tax payer doesn't mean they aren't capable of feathering their own nests—and yours.

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