drieuxster (drieuxster) wrote,
drieuxster
drieuxster

More Great Victories for the Homeland Security Investment Bubble

) -- A couple of years ago, Blackwater executive Joseph Schmitz seemed to see a silver lining for mercenary companies with the prospect of US forces being withdrawn or reduced in Iraq. “There is a scenario where we could as a government, the United States, could pull back the military footprint,” Schmitz said. “And there would then be more of a need for private contractors to go in.”

When it comes to armed contractors, it seems that Schmitz was right.

According to new statistics released by the Pentagon, with Barack Obama as commander in chief, there has been a 23% increase in the number of “Private Security Contractors” working for the Department of Defense in Iraq in the second quarter of 2009 and a 29% increase in Afghanistan, which “correlates to the build up of forces” in the country. These numbers relate explicitly to DoD security contractors. Companies like Blackwater and its successor Triple Canopy work on State Department contracts and it is unclear if these contractors are included in the over-all statistics. This means, the number of individual “security” contractors could be quite higher, as could the scope of their expansion.

Overall, contractors (armed and unarmed) now make up approximately 50% of the “total force in Centcom AOR [Area of Responsibility].” This means there are a whopping 242,657 contractors working on these two US wars.

[ cf Obama Has 250,000 "Contractors" in Iraq and Afghan Wars, Increases Number of Mercenaries ]
Hum....

no wonder the DOW is rebounding...

The economic Miracle of More Military is greater still!

Makes me wonder if on veterans day there will be special contractor parades...
Tags: economics, war
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