Hey sports fans

[underpants]

Who IS Bearing Point?


To support completion of the Petroleum Law, the Bush administration recently appointed an adviser to the Iraqi government from Bearing Point Inc., a private consultancy firm based in Virginia. Two months prior to the invasion of Iraq, Bearing Point drafted a plan to rewrite Iraq's economic infrastructure for which it later received a $250 million contract. Bearing Point's plan, which included the stated need for "private-sector involvement in strategic sectors, including privatization, asset sales, concessions, leases and management contracts, especially those in the oil and supporting industries," became the basis of Paul Bremer's economic transformation of Iraq.
http://www.huffingtonpost.com/antonia-juhasz/bushs-ace-in-the-hole-in_b_21526.html



Never heard of BearingPoint until today when I started reading one article and then hunted down a few more. I shouldn't be shocked, but I was. Although performing State Department functions might seem benign, it is not. But there are so many things to learn about BearingPoint it's hard to know where to start.


Here are a few questions that arise:

Is our own government to be in service of certain leaders who pay certain contractors (BearingPoint) tax monies to put forth propaganda and perhaps even encite citizens against their government?

Is it right for a contractor (BearingPoint) to bargain on behalf of the United States with certain Iraqis and Exxon, BP and Conoco Oil Corporations? These thirty-year (PSA) contracts give up to 75 percent of

Iraq's oil revenues for some years, then revert to 20% after the cost of rebuilding the facilities is met. Who chooses the corporations?

Is it right for a corporation that has failed to file its annual reports on time for two years in a row, that has changed its name due to its Enron association (becoming BearingPoint), and taken on Anderson Accounting remnants, to be given responsibility for vital, important projects worth hundreds of millions of dollars in contracts?

Is it right to try to give BearingPoint exclusive non-bid contracts?

Is it right to award BearingPoint new US Navy contracts worth many millions to perform tasks which it has previously failed in performing?

Is it right for our leaders to pay private corporations to do secretive work so that the people who pay the salaries have no way of knowing what they are doing?

Who--in the government--is getting richer on these deals?







http://www.dailykos.com/story/2007/1/8/172228/5720

[OneBlueSky]

1. here ya go . . .

http://www.bearingpoint.com/portal/site/bearingpoint