Fluor Corporation, along with partner AMEC, won a $1.1 billion contract to repair Iraqi water systems in 2003 and has since won further contracts to repair electrical systems. Yet the electrical systems in Iraq are still worse than they were under Saddam.
But the big winner was Vice President Dick Cheney's former company, Halliburton, which has earned $13.6 billion in revenue for providing security to American troops and Iraqi oil installations; its stock price has tripled since the war began, from $20 to $63 per share.
Bush's war in Iraq was a huge success for corporate America. It redistributed wealth from American taxpayers to multinational corporations at an astonishing pace while leaving the Iraqi people literally in the dark.
Sure, and that's why things are going so well in New Orleans, where the cons have given almost all of the $18 billion allocated so far in reconstruction money to the same big corporations that benefited in Iraq: Halliburton, Bechtel, and Fluor. After one year all that was fixed in New Orleans was the tourist business-which means big dollars for the hotel conglomerates. Most New Orleaneans were still homeless, and most small businesses were still down. As in Iraq the dollars that poured into New Orleans are part of the biggest redistribution of wealth in our country's history, a redistribution from taxpayers to the corporate elite.
Every time such a social and economic structure has been tried in the past, it's led to the hellish world Charles Dickens characterized so well in his many books. And as we head into the third decade of the cons' economic and trade policies being imposed on America, it's becoming increasingly clear that all their talk about domestic privatization plans amount to little more than an undeclared war on the middle class.
What We Can Do
We don't have to sit back and allow the cons to take over. We have a model that works. It's the model Harry Truman used in Europe and Franklin Roosevelt used here to create the Golden Age of the middle class. It's based on the principles the Founders used to create democracy in this country.
Government must be of, by and for We the People. That means government institutions like the military, the prisons, and the electoral process must be publicly controlled, not in the hands of corporations or wealthy individuals. In a democracy We the People must be informed enough to make decisions about our society, which means that education in particular must be both free and public.
Democracy requires that government work for We the People. Its primary function is to define the rules of the game of business in a way that protects working people and allows a middle class to emerge. This includes regulating large predatory companies so that entrepreneurs can survive, providing a strong social safety net and national health care to make us competitive with other nations offering their citizens the same (and because it's necessary for a middle class), and protecting domestic industries (and jobs) by instituting tariffs-import taxes-on goods coming in from cheap-labor countries.
Finally, instead of the cons' "trickle-down" program, we need to return to a commonsense, classical economy that makes sure the people have a solid middle-class income and that trusts the people to spend it wisely. That means we need progressive taxation, pro-labor policies, and a living wage.
Iraqis faced one of the cons' undeclared wars and lost. The American middle class is facing another undeclared war. We can do something about it.
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