Friday, October 31, 2003

Reconstruction: Bush Got $500,000 From Companies That Got Contracts, Study Finds: "The overwhelming majority of government contracts for billions of dollars of reconstruction work in Iraq and Afghanistan went to companies run by executives who were heavy political contributors to both political parties. Though the employees contributed to both parties, their giving favored Republicans by a two-to-one margin. And they gave more money to Mr. Bush than any other politician in the last 12 years." Among the biggest contributions to Mr. Bush's election and re-election efforts were those from executives and employees of Dell Computer at $113,000; of Bearing Point, a business consulting firm, at $119,000; of General Electric at $72,000 and of Halliburton Inc. at $28,000, according to the report. Nine of the 10 biggest contractors � the biggest of which were Bechtel Corporation and Halliburton, either employed former senior government officials or had close ties to government agencies and to Congress. Prepared by the Center for Public Integrity, a nonprofit research group, the report said the contractors' executives and employees had contributed $49 million to political candidates and parties since 1990. The new report is the first comprehensive independent study of companies involved in Iraqi reconstruction, and it provides evidence that the process for handing out big contracts has often been secretive, chaotic and favorable to companies with good political contacts. The report is the result of a six-month investigation, which included obtaining information on 70 contracts through the Freedom of Information Act.� http://www.nytimes.com/2003/10/31/politics/31CONT.html