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ARMY STRONG?
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First soldier:
"Pass me the chocolate pudding, would you?" Second
soldier: "No way, Jose!" First soldier: "Whyever
not?" Second soldier: "It's against regulations
to help another soldier to dessert!"
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War brings profits
home
In 2003 the price of a barrel of oil was $32
as President Bush pushed for an Invasion of Iraq. Today it
is near $135 per barrel thanks to the ongoing war.
The rise in the price of oil has been a tremendous
boon to many American families who own oil stocks. Oil company
profits are at an all time high, thanks to President Bush
and his partners. "Last year I wasn't able to buy a yacht,
but thanks to the increase the in price of oil, my wife and
I won't have any problem this year, " Said Thurston Howdoudo
at a recent Carl Rove fundraiser.
Mitt and Ann Romney said that they had previously
worried about the cost off college but thanks to the war are
no able to not only send their sons to college, but their
146 cousins as well. "There are times when it's good
to be vested in energy stocks, now is such a time," say
the Romneys.
While it is too early to tell if the ongoing
war will keep oil prices high, Administration officials hint
at another war - this time with Iran - should prices begin
to dip. After, what's good for Big Oil is good for (some)
Americans. Just Kidding.
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Rich getting
poorer, new study shows
Over the past quarter-century, and especially
the past 5 years, America's very rich have grown much poor,
while GIs have seen dramatic rises in income.
In 2004, the richest 1 percent of households
719,910 of them had 17.8 percent of the entire
nation's pretax income. That's down from 19.8 percent a year
earlier, according to a study by War Profiteers for Peace.
Meanwhile, military service families don't know what to do
with all of their excess cash.
The study, "How to Hide Your Greed,"
found the richest 1/10th of 1 percent of Americans
129,584 households in 2004 on had 10% of the nation's
income, not 50% that some claimed. The same study showed that
on average, every military family now owns their home outright
and have plenty of leftover money for college tutition and
orthodontics for their children.
Experts disagree on the causes, but they're
in near agreement that the trend, while welcome news for GIs,
threatens to erode the security of the super-rich. In coming
years, unless the government steps in, the wealthly could
find it more difficult to purchase Hummers, yachts and other
luxury goods.
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Accenture wins
Army Audit
The Department of Defense has announced that
it will award a second no-bid contract of $10,503,576.88
to Accenture to provide audit and consulting for the war in
Iraq.
Accenture, the foreign company built from the
ruins of Arthur Anderson Consulting after the Enron debacle
is a leader in "soft" services - financial tracking,
audits, consulting - to the military. Chang Wen, VP of Accenture
announced the deal from his office in Bejing. "We are
very happy to receive a follow-on service from the our friends
in Washington." "It is entirely in keeping with
the motto 'Defense Through Outsourcing,' that our corporation
adopted last year."
Accenture announced that it is opening a recruiting
office in Detroit, Michigan. It hopes to attract at least
1,500 workers to relocate to their financial center in Wing-Lo
by the end of 2007.
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- Gettin' Busy
in Iraq
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