Remember breathlessly watching the “Shock and Awe” of the destruction of Baghdad in 2003? After months of demonizing Saddam Hussein’s regime and his weapons of mass destruction in the media, George Bush preemptively struck a country with no known connection to Al Quaeda or the 9/11 attack.
After spending billions on the strategic deliberate destruction of the capital city of a sovereign nation that was never a proven threat, the next round of spending went to private corporations to rebuild
Funds from the US-operated IRRF are largely disbursed through contracts to private firms. Several US companies have been particularly prominent in receiving Iraq reconstruction funds. Bechtel of San Francisco, USA has been awarded over $2.4 billion for infrastructure rehabilitation through USAID contracts. Flour AMEC, LLC, Greenville, South Carolina, USA has been awarded nearly $1 billion for water, sewer of solid waste management systems. Parsons Corporation of Pasadena, California has been awarded $1.3 billion for construction services. Washington Group International of Boise, Idaho, USA has received awards of $580 million for water resource reconstruction projects. Kellogg, Brown and Root (KBR), a subsidiary of Halliburton of Houston, Texas has received awards of $580 million. Another $1.2 billion has been distributed to Iraqi contractors. In 2005/2006 Symbion Power of the US were awarded $250 million of competitively bid new fixed price electrical infrastructure work throughout the country. Symbion Power is a privately owned engineering firm with an ownership structure that involves a security company Hart Security.The dollar figures provided here are as of July 2006.