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	<title>Business Pundit &#187; War</title>
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	<description>Entrepreneurship, Startup Companies and Business Philosophy</description>
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		<title>25 Veterans Day Quotes</title>
		<link>http://www.businesspundit.com/25-veterans-day-quotes/</link>
		<comments>http://www.businesspundit.com/25-veterans-day-quotes/#comments</comments>
		<pubDate>Wed, 11 Nov 2009 11:42:39 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Human Nature]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[War]]></category>
		<category><![CDATA[veterans day]]></category>
		<category><![CDATA[veterans day 2009]]></category>
		<category><![CDATA[veterans day quote]]></category>
		<category><![CDATA[veterans day quotes]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=15738</guid>
		<description><![CDATA[<p>In honor of Veterans Day 2009, here's a list of 25 quotes to live by: 1. We make war that we may live in peace. -Aristotle 2. Nobody ever drowned in sweat. -US Marines 3. Those who cannot bravely face danger are the slaves of their... <a href="http://www.businesspundit.com/25-veterans-day-quotes/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/11/AMERICANFLAG-600x378.jpg" alt="AMERICANFLAG" title="AMERICANFLAG" width="600" height="378" class="alignright size-large wp-image-15739" /></p>
<p><strong>In honor of Veterans Day 2009</strong>, here&#8217;s a list of 25 quotes to live by:</p>
<p>1. We make war that we may live in peace. -Aristotle</p>
<p>2. Nobody ever drowned in sweat. -US Marines</p>
<p>3. Those who cannot bravely face danger are the slaves of their attackers. -Aristotle</p>
<p>4. More powerful than the will to win is the courage to begin. -Unknown </p>
<p>5. Neither a wise man nor a brave man lies down on the tracks of history to wait for the train of the future to run over him. -Dwight D. Eisenhower</p>
<p>6. Many become brave when brought to bay. -Norwegian proverb</p>
<p>7. Courage is fear holding on a minute longer. -George S. Patton</p>
<p>8. It is easy to take liberty for granted, when you have never had it taken from you. -Unknown</p>
<p>9. Either war is obsolete or men are. -Buckminster Fuller</p>
<p>10. There never was a good war or a bad peace. -Benjamin Franklin</p>
<p>11. Unless one says goodbye to what one loves, and unless one travels to completely new territories, one can expect merely a long wearing away of oneself. -Jean Dubuffet</p>
<p>12. This nation will remain the land of the free only so long as it is the home of the brave. -Elmer Davis</p>
<p>13. Freedom is never free. -Author Unknown</p>
<p>14. Valor is stability, not of legs and arms, but of courage and the soul. -Michel de Montaigne</p>
<p>15. The more we sweat in peace the less we bleed in war. -Vijaya Lakshmi Pandit</p>
<p>16. In the beginning of a change, the patriot is a scarce man, and brave, and hated and scorned.  When his cause succeeds, the timid join him, for then it costs nothing to be a patriot. -Mark Twain</p>
<p>17. Peace is not only better than war, but infinitely more arduous. -George Bernard Shaw</p>
<p>18. It is not only the living who are killed in war. -Isaac Asimov</p>
<p>19. Life is 10 percent what you make it and 90 percent how you take it. -Irving Berlin</p>
<p>20. History teaches that war begins when governments believe the price of aggression is cheap. -Ronald Reagan</p>
<p>21. Soldiers generally win battles; generals get credit for them. -Napoleon Bonaparte</p>
<p>22. “Where there are too many policemen, there is no liberty. Where there are too many soldiers, there is no peace. Where there are too many lawyers, there is no justice.” -Lyn Yutang</p>
<p>23. Moral courage is the most valuable and usually the most absent characteristic in men. -George Patton</p>
<p>24. I think there is one higher office than president and I would call that patriot. -Gary Hart</p>
<p>25. Have the courage to act instead of react. -Earlene Larson Jenks</p>
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		<title>Open Carry States List</title>
		<link>http://www.businesspundit.com/open-carry-states-list/</link>
		<comments>http://www.businesspundit.com/open-carry-states-list/#comments</comments>
		<pubDate>Tue, 18 Aug 2009 15:19:38 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Guns]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[War]]></category>
		<category><![CDATA[open carry]]></category>
		<category><![CDATA[open carry state]]></category>
		<category><![CDATA[open carry states]]></category>
		<category><![CDATA[open carry states list]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=13387</guid>
		<description><![CDATA[<p>Image: Californiaopencarry.org After reading about protesters bringing guns to anti-Obama rallies, I grew curious about which states are open-carry; that is, they allow people to carry guns in public, as long as the guns are visible. I made... <a href="http://www.businesspundit.com/open-carry-states-list/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.californiaopencarry.org/pics/SDOC_Priceless.jpg"><img src="http://www.businesspundit.com/wp-content/uploads/2009/08/zzzgun-600x480.jpg" alt="zzzgun" title="zzzgun" width="600" height="480" class="alignright size-large wp-image-13388" /></a><br />
Image: <a href="http://www.californiaopencarry.org/pics/SDOC_Priceless.jpg">Californiaopencarry.org</a></p>
<p><strong>After reading about <a href="http://www.google.com/hostednews/ap/article/ALeqM5hctDBUKMR4V-lGBrEQcYNO0ooBQAD9A4TG402">protesters bringing guns</a> to anti-Obama rallies</strong>, I grew curious about which states are open-carry; that is, they allow people to carry guns in public, as long as the guns are visible. I made this list from the map graphic at <a href="http://opencarry.org/opencarry.html">OpenCarry.org</a>:</p>
<p><strong>Open carry states:<br />
</strong><br />
Alaska<br />
Montana<br />
Idaho<br />
Wyoming<br />
Nevada<br />
Arizona<br />
New Mexico<br />
South Dakota<br />
Vermont<br />
Kentucky<br />
Virginia</p>
<p><strong>Open carry&#8211;with restrictions (eg. permit requirements):</strong></p>
<p>Utah<br />
North Dakota<br />
Minnesota<br />
Iowa<br />
Tennessee<br />
Mississippi<br />
Georgia<br />
Indiana<br />
Maryland<br />
New Jersey<br />
Rhode Island<br />
Connecticut<br />
Massachusetts</p>
<p>Many other states have their own versions of open carry&#8211;eg. it is allowed in some rural areas of California. <a href="http://opencarry.org/opencarry.html ">See the map</a> for details. </p>
<p>Using a loaded gun to demonstrate your right to bear arms at a presidential event is a dumb idea. Maybe you&#8217;re a responsible gun owner, but what about the 50 people next to you? Who&#8217;s to say someone won&#8217;t get excited and start firing? And if that happens, the government will be even more interested in restricting gun rights. Demonstrators either need to keep their guns unloaded, or not bring them at all. </p>
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		<title>When DuPont Almost Overthrew the Government</title>
		<link>http://www.businesspundit.com/when-dupont-almost-overthrew-the-government/</link>
		<comments>http://www.businesspundit.com/when-dupont-almost-overthrew-the-government/#comments</comments>
		<pubDate>Wed, 10 Jun 2009 18:01:05 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Government]]></category>
		<category><![CDATA[Human Nature]]></category>
		<category><![CDATA[War]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=10427</guid>
		<description><![CDATA[<p>I love a good conspiracy. This one, involving Great Depression-era businessmen attempting to overthrow President Roosevelt in a military coup, just about beats them all: In the summer of 1933, shortly after Roosevelt's "First 100 Days,"... <a href="http://www.businesspundit.com/when-dupont-almost-overthrew-the-government/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/06/zzroosevelt.jpg" alt="zzroosevelt" title="zzroosevelt" width="502" height="520" class="alignright size-full wp-image-11701" /></p>
<p><strong>I love a good conspiracy.</strong> This one, involving Great Depression-era businessmen attempting to overthrow President Roosevelt in a military coup, j<a href="http://www.huppi.com/kangaroo/Coup.htm">ust about beats them all</a>: </p>
<p><em>In the summer of 1933, shortly after Roosevelt&#8217;s &#8220;First 100 Days,&#8221; America&#8217;s richest businessmen were in a panic. It was clear that Roosevelt intended to conduct a massive redistribution of wealth from the rich to the poor. Roosevelt had to be stopped at all costs.</p>
<p>The answer was a military coup. It was to be secretly financed and organized by leading officers of the Morgan and Du Pont empires. This included some of America&#8217;s richest and most famous names of the time:</p>
<p>    * Irenee Du Pont &#8211; Right-wing chemical industrialist and founder of the American Liberty League, the organization assigned to execute the plot.<br />
    * Grayson Murphy &#8211; Director of Goodyear, Bethlehem Steel and a group of J.P. Morgan banks.<br />
    * William Doyle &#8211; Former state commander of the American Legion and a central plotter of the coup.<br />
    * John Davis &#8211; Former Democratic presidential candidate and a senior attorney for J.P. Morgan.<br />
    * Al Smith &#8211; Roosevelt&#8217;s bitter political foe from New York. Smith was a former governor of New York and a codirector of the American Liberty League.<br />
    * John J. Raskob &#8211; A high-ranking Du Pont officer and a former chairman of the Democratic Party. In later decades, Raskob would become a &#8220;Knight of Malta,&#8221; a Roman Catholic Religious Order with a high percentage of CIA spies, including CIA Directors William Casey, William Colby and John McCone.<br />
    * Robert Clark &#8211; One of Wall Street&#8217;s richest bankers and stockbrokers.<br />
    * Gerald MacGuire &#8211; Bond salesman for Clark, and a former commander of the Connecticut American Legion. MacGuire was the key recruiter to General Butler.<br />
    * <a href="http://www.bbc.co.uk/radio4/history/document/document_20070723.shtml">Prescott Bush</a> &#8212; Wall Street executive, US senator</p>
<p>The plotters attempted to recruit General Smedley Butler to lead the coup. They selected him because he was a war hero who was popular with the troops. The plotters felt his good reputation was important to make the troops feel confident that they were doing the right thing by overthrowing a democratically elected president. However, this was a mistake: Butler was popular with the troops because he identified with them. That is, he was a man of the people, not the elite. When the plotters approached General Butler with their proposal to lead the coup, he pretended to go along with the plan at first, secretly deciding to betray it to Congress at the right moment.</em></p>
<p>(<a href="http://www.huppi.com/kangaroo/Coup.htm">More</a>)</p>
<p>It <a href="http://en.wikipedia.org/wiki/Business_Plot">reads like a hoax</a>, but was it? I&#8217;d like to hear from history buffs regarding the veracity of this story. </p>
<p>I also found the story pertinent because the government is engaged in its biggest economic rescue since FDR. If high-powered politicians and businessman were able to band together in an attempted coup then, what&#8217;s stopping them now? Better surveillance, perhaps? A more centralized government? </p>
<p>Right now, the political consequences of the Great Recession remain unknown. However, I don&#8217;t think it&#8217;s a stretch to imagine extreme outcomes, especially if economic conditions linger long enough. </p>
<p><em>(Even more reading <a href="http://www.straightdope.com/columns/read/2624/oh-smedley">here</a>.)</em></p>
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		<title>25 Armed Forces Day Quotes</title>
		<link>http://www.businesspundit.com/25-armed-forces-day-quotes/</link>
		<comments>http://www.businesspundit.com/25-armed-forces-day-quotes/#comments</comments>
		<pubDate>Fri, 15 May 2009 17:29:24 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[War]]></category>
		<category><![CDATA[social aspects]]></category>
		<category><![CDATA[air force quotes]]></category>
		<category><![CDATA[armed forces day]]></category>
		<category><![CDATA[armed forces day 2009]]></category>
		<category><![CDATA[armed forces day quotes]]></category>
		<category><![CDATA[army quotes]]></category>
		<category><![CDATA[coast guard quotes]]></category>
		<category><![CDATA[marines quotes]]></category>
		<category><![CDATA[military quotes]]></category>
		<category><![CDATA[navy quotes]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=10994</guid>
		<description><![CDATA[<p>2009 marks the 50th anniversary of Armed Forces Day, which honors Americans serving in the Army, Navy, Air Force, Marines, and Coast Guard. Find inspiration and honor in the 25 quotes below, which apply to all of the armed forces: 1. He loves... <a href="http://www.businesspundit.com/25-armed-forces-day-quotes/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/05/zzarmedforces.jpg" alt="zzarmedforces" title="zzarmedforces" width="400" height="274" class="alignright size-full wp-image-10995" /></p>
<p><strong>2009 marks the 50th anniversary of Armed Forces Day</strong>, which honors Americans serving in the Army, Navy, Air Force, Marines, and Coast Guard. Find inspiration and honor in the 25 quotes below, which apply to all of the armed forces:</p>
<p>1.	He loves his country best who strives to make it best.  -Robert G. Ingersoll</p>
<p>2.	From time to time, the tree of liberty must be watered with the blood of tyrants and patriots. -Thomas Jefferson</p>
<p>3.	What counts is not necessarily the size of the dog in the fight – it’s the size of the fight in the dog. -General Dwight D. Eisenhower</p>
<p>4.	American soldiers in battle don&#8217;t fight for what some president says on T.V., they don&#8217;t fight for mom, apple pie, the American flag&#8230;they fight for one another. -Lt. Col. Hal Moore</p>
<p>5.	For those who have fought for it, freedom has a flavor the protected will never know. -Unknown</p>
<p>6.	This nation will remain the land of the free only so long as it is the home of the brave.  -Elmer Davis</p>
<p>7.	Coffee tastes better if the latrines are dug downstream from an encampment. -US Army Field Regulations, 1861</p>
<p>8.	Whoever said the pen is mightier than the sword obviously never encountered automatic weapons. -General MacArthur</p>
<p>9.	Hard pressed on my right. My center is yielding. Impossible to maneuver. Situation excellent. I am attacking.  -Ferdinand Foch (Battle of the Marne_</p>
<p>10.	If it moves, salute it; if it doesn&#8217;t move, pick it up; and if you can&#8217;t pick it up, paint it.<br />
-Anonymous</p>
<p>11.	Bravery is being the only one who knows you&#8217;re afraid. -David Hackworth Li</p>
<p>12.	If the enemy is in range, so are you. -Infantry Journal</p>
<p>13.	People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf. -George Orwell</p>
<p>14.	Leadership is the art of getting someone else to do something you want done because he wants to do it. -Dwight D. Eisenhower</p>
<p>15.	The price of freedom is eternal vigilance. -Thomas Jefferson</p>
<p>16.	There is no security in this life. There is only opportunity. -Gen. Douglas MacArthur</p>
<p>17.	One cannot simultaneously prevent and prepare for war. -Albert Einstein</p>
<p>18.	To lead uninstructed people to war is to throw them away. –Confucius</p>
<p>19.	 The more comfort the less courage there is. -Field Marshal Prince Aleksandr V. Suvorov</p>
<p>20.	The object of war is not to die for your country but to make the other bastard die for his. -George Patton</p>
<p>21.	 Always forgive your enemies&#8211;nothing annoys them so much.  -Oscar Wilde</p>
<p>22.	Having lost sight of our objectives we need to redouble our efforts. -Anonymous</p>
<p>23.	Courage is going from failure to failure without losing enthusiasm.<br />
-Winston Churchill</p>
<p>24.	 Soldiers usually win the battles and generals get the credit for them. -Napoleon Bonaparte</p>
<p>25.	No man is entitled to the blessings of freedom unless he be vigilant in its preservation. -General Douglas MacArthur</p>
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		<title>Somali Pirates Have a Good Business Model</title>
		<link>http://www.businesspundit.com/somali-pirates-have-a-good-business-model/</link>
		<comments>http://www.businesspundit.com/somali-pirates-have-a-good-business-model/#comments</comments>
		<pubDate>Wed, 22 Apr 2009 21:52:48 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[War]]></category>
		<category><![CDATA[somali pirates]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=10245</guid>
		<description><![CDATA[<p>Spiegel interviewed former FBI agent Jack Cloonan, now a negotiator with Somali pirates. Here's an excerpt from the fascinating piece: SPIEGEL: From your experience with the Somali pirates, are they intelligent people? Or are they simply... <a href="http://www.businesspundit.com/somali-pirates-have-a-good-business-model/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/04/pirates-600x449.jpg" alt="pirates" title="pirates" width="600" height="449" class="alignright size-large wp-image-10246" /></p>
<p><strong>Spiegel interviewed former FBI agent Jack Cloonan</strong>, now a negotiator with Somali pirates. Here&#8217;s <a href="http://www.spiegel.de/international/world/0,1518,620292,00.html">an excerpt</a> from the fascinating piece:</p>
<p><em>SPIEGEL: From your experience with the Somali pirates, are they intelligent people? Or are they simply thugs?</p>
<p>Cloonan: They&#8217;re not stupid. They know that they&#8217;ve got a life &#8212; they can leverage that. They know that it&#8217;s a successful business model. They know that they can operate in this wide swath of area almost with impunity and they can pick and choose. And they&#8217;re developing better strategies. They&#8217;re going further out from the coast because they know the ships have been advised by the International Maritime Bureau to stay a minimum of 200 nautical miles offshore. If ships come in within say 50 or 100 miles, they&#8217;re easily stopped.</p>
<p>And they are effective &#8212; for example, when they call family members to induce stress. I think shooting off a gun during a telephone call and saying you just killed someone is pretty effective. I think moving ships and threatening to beach them is effective. The fact that they anchor the ships within sight of each other is very intelligent. Some are better than others. </p>
<p>SPIEGEL: Would you say it&#8217;s Pirates Inc.?</p>
<p>Cloonan: It&#8217;s Pirates Inc. Look at it as organized crime. They just happen to be in the business of hijacking boats. There is a command and control structure. It&#8217;s not clearly the German military or the US military in terms of chain of command, it&#8217;s less doctrinaire and so on, but there is a command and control structure because there are beneficiaries at the end of the food chain. People have to get money. People have to be rewarded for what they&#8217;ve done. </em></p>
<p>Cloonan says later in the interview that there are reports of pirates investing in real estate. I am henceforth trashing my image of the pirates as anarchical wildmen. </p>
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		<title>The 25 Most Vicious Iraq War Profiteers</title>
		<link>http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/</link>
		<comments>http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/#comments</comments>
		<pubDate>Tue, 22 Jul 2008 23:02:29 +0000</pubDate>
		<dc:creator>Ryan</dc:creator>
				<category><![CDATA[Business-General]]></category>
		<category><![CDATA[Companies]]></category>
		<category><![CDATA[War]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/</guid>
		<description><![CDATA[<p>The Iraq war is many things to different people. It is called a strategic blunder and a monstrous injustice and sometimes even a patriotic mission, much to the chagrin of rational human beings. For many big companies, however, the war is something... <a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p>The Iraq war is many things to different people. It is called a strategic blunder and a monstrous injustice and sometimes even a patriotic mission, much to the chagrin of rational human beings. For many big companies, however, the war is something far different: a lucrative cash-cow. The years-long, ongoing military effort has resurrected fears of the so-called &#8220;military-industrial complex.&#8221; Media pundits are outraged at private companies scooping up huge, no-questions-asked contracts to manufacture weapons, rebuild infrastructure, or anything else the government deems necessary to win (or plant its flag in Iraq). No matter what your stance on the war, it pays to know where your tax dollars are being spent.</p>
<p>Following is a detailed rundown of the 25 companies squeezing the most profit from this controversial conflict.</p>
<h2>1.  Halliburton</h2>
<p><a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/iraq-halliburton/" rel="attachment wp-att-4007" title="Iraq-Halliburton"></a></p>
<p><a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/iraq-halliburton/" rel="attachment wp-att-4007" title="Iraq-Halliburton"><img src="http://www.businesspundit.com/wp-content/uploads/2008/07/halliburton3.jpg" alt="Iraq-Halliburton" /></a></p>
<p>The first name that comes to everyone&#8217;s mind here is Halliburton. According to <a href="http://articles.moneycentral.msn.com/Investing/CompanyFocus/WhosProfitingFromTheIraqWar.aspx">MSN Money</a>, Halliburton&#8217;s KBR, Inc. division bilked government agencies to the tune of $17.2 billion in Iraq war-related revenue from 2003-2006 alone. This is estimated to comprise a whopping one-fifth of KBR&#8217;s total revenue for the 2006 fiscal year. The massive payoff is said to have financed the construction and maintenance of military bases, oil field repairs, and various infrastructure rebuilding projects across the war-torn nation. This is just the latest in a long string of military/KBR wartime partnerships, thanks in no small part to Dick Cheney&#8217;s former role with the parent company.</p>
<h2>2. Veritas Capital Fund/DynCorp</h2>
<p><a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/4008/" rel="attachment wp-att-4008" title="mainpic_01.jpg"></a></p>
<p><a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/4008/" rel="attachment wp-att-4008" title="mainpic_01.jpg"><img src="http://www.businesspundit.com/wp-content/uploads/2008/07/mainpic_01.jpg" alt="mainpic_01.jpg" /></a></p>
<p>At first blush, a private equity fund (and not, say, Exxon-Mobil) being the number 2 profiteer in the Iraq war might sound strange. However, the cleverly run fund has raked in $1.44 billion through its DynCorp subsidiary. The primary service DynCorp has provided to the war efforts is the training of new Iraqi police forces. Often described as a &#8216;<a href="http://www.thepeoplesvoice.org/cgi-bin/blogs/voices.php/2007/10/04/p19985">state within a state</a>&#8216;, the sizable company is headed by Dwight M. Williams, former Chief Security Officer of the upstart U.S. Department of Homeland Security. With this and other close ties to defense agencies, Veritas Capital Fund and DynCorp are well-positioned to capitalize on Iraq even more.</p>
<h2>3. Washington Group International</h2>
<p><a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/iraq-wgi/" rel="attachment wp-att-4009" title="Iraq-WGI"></a></p>
<p><a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/iraq-wgi/" rel="attachment wp-att-4009" title="Iraq-WGI"><img src="http://www.businesspundit.com/wp-content/uploads/2008/07/wgi-logo_stacked_color.jpg" alt="Iraq-WGI" width="560" height="310" /></a></p>
<p>The <a href="http://www.wgint.com/projects/defense/">Washington Group International</a> has parlayed its expertise the repair, restore, and maintenance of high-output oil fields into $931 million in Iraq-related revenue from 2003-2006. The publicly traded 25,000 employee company&#8217;s other specialties include the building and maintenance of schools, military bases, and municipal utilities, such as watering systems. Some have complained that Washington Group&#8217;s hefty government payoffs have served primarily to raise its trading price on the New York Stock Exchange. One thing is for sure &#8211; with oil prices continuing to rise, there will be no shortage of demand for the oil protection services Washington Group International brings to bear.</p>
<h2>4.  Environmental Chemical</h2>
<p><a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/iraq-ec/" rel="attachment wp-att-4010" title="Iraq-EC"></a></p>
<p><a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/iraq-ec/" rel="attachment wp-att-4010" title="Iraq-EC"><img src="http://www.businesspundit.com/wp-content/uploads/2008/07/alibaba.jpg" alt="Iraq-EC" /></a></p>
<p>All war zones eventually becomes cluttered with spent ammunition and broken/abandoned weapons, creating a lucrative niche for any company willing to clean it all up. In Iraq, this duty has <a href="http://www.ecc.net/Content.asp?Page=MunitionsResponse">fallen into the hands of Environmental Chemical</a>. The privately held Burlingame, California company has stockpiled $878 million by the end of fiscal 2006 for munitions disposal, calling upon its &#8220;decade of experience planning and conducting UXO removal, investigation, and certification activities.&#8221; The company has close ties to several defense agencies and is staffed by graduates of the U.S. Navy&#8217;s Explosive Ordinance Schools, as well as the U.S. Army&#8217;s Chemical Schools at Anniston.</p>
<h2>5.  Aegis</h2>
<p><a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/iraq-aegis/" rel="attachment wp-att-4011" title="Iraq-Aegis"></a></p>
<p><a href="http://www.businesspundit.com/the-25-most-vicious-iraq-war-profiteers/iraq-aegis/" rel="attachment wp-att-4011" title="Iraq-Aegis"><img src="http://www.businesspundit.com/wp-content/uploads/2008/07/aegis_logo300.gif" alt="Iraq-Aegis" /></a></p>
<p>Aegis has done the United Kingdom proud after reeling in a contract to coordinate all of Iraq&#8217;s <a href="http://www.independent.co.uk/news/business/analysis-and-features/top-10-firms-profiting-from-iraq-469707.html">private security operations</a>. The Pentagon contract is good for $430 million (incredibly lucrative by any standard) but it has landed Aegis in some hot public relations water. The company&#8217;s decision to contribute to Iraq war efforts has lead to a rejected membership application from the International Peace Operations Association. According to The Independent, the influential trade organization does not consider Aegis worthy of inclusion in the &#8220;peace and stability industry.&#8221; It remains to be seen whether Aegis will continue to be ostracized for participating in the training of Iraqi security forces.</p>
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		<title>United States Sold Iran More Than $500 million in Goods During Bush&#8217;s Term</title>
		<link>http://www.businesspundit.com/united-states-sold-iran-millions-in-goods/</link>
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		<pubDate>Wed, 16 Jul 2008 15:45:39 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Globalization]]></category>
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		<description><![CDATA[<p>An Iranian soldier, after drinking a Pepsi According to Andy Carpenter at HoweStreet, the Bush administration sold a whole lot more to Iran than a bad reputation. He says that (via the AP) the United States sold the heart of the Axis of Evil... <a href="http://www.businesspundit.com/united-states-sold-iran-millions-in-goods/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><a href='http://www.businesspundit.com/wp-content/uploads/2008/07/iran.jpg' title='iran.jpg'><img src='http://www.businesspundit.com/wp-content/uploads/2008/07/iran.jpg' alt='iran.jpg' /></a><br />
<em>An Iranian soldier, after drinking a Pepsi</em></p>
<p>According to Andy Carpenter at <a href="http://www.howestreet.com/articles/index.php?article_id=6905">HoweStreet</a>, the Bush administration sold a whole lot more to Iran than a bad reputation. He says that (via the AP) <strong>the United States sold the heart of the Axis of Evil more than $500 million in goods during Bush&#8217;s time in office.</strong>   </p>
<p><strong>The top exports to Iran:<br />
</strong><br />
$158 million in cigarettes<br />
$68 million in corn<br />
$64 million in chemical wood pulp, soda or sulphate<br />
$43 million in soybeans<br />
$27 million in medical equipment<br />
$18 million in vitamins<br />
$12.6 million in bull semen<br />
$12 million in vegetable seeds<br />
<strong><br />
Items pending Bush administration approval:</strong></p>
<p>$101,000 in bras<br />
$175,000 in sculptures<br />
about $96,000 in cosmetics<br />
$8,900 in perfume<br />
$30,000 in musical instruments and parts<br />
$21,000 in golf carts/snowmobiles<br />
$4,000 in movie film<br />
$3,300 in fur clothing</p>
<p><a href="http://www.howestreet.com/articles/index.php?article_id=6905">Carpenter</a>:<br />
<em><br />
What’s interesting about the exports is that last year the US Securities and Exchange Commission published a list of companies that do business in Iran or four other countries the State Department considers state sponsors of terrorism.</p>
<p>The SEC withdrew the list after business groups complained that such a list could inappropriately label corporations as supporters of terrorism.</em></p>
<p>The AP discovered more than <strong>10 big corporations conducting business in Iran</strong>. These &#8220;sponsors of terrorism&#8221; include:<br />
Wells Fargo Financial Services<br />
BP and Exxon Mobil<br />
PepsiCo<br />
GE Healthcare<br />
Canon<br />
Mastercard<br />
Cadbury Schweppes<br />
Visa</p>
<p>US soldiers, who have been <a href="http://www.cnn.com/2008/WORLD/meast/06/29/us.iran/">heckling Iranis</a> on their own soil, will at least get a <a href="http://en.wikipedia.org/wiki/Cadbury_Schweppes">Hawaiian Punch</a> to refresh them in Iran&#8217;s extremely arid climate. </p>
<p><strong>This embargo, it seems, is really not an embargo at all.</strong>  </p>
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		<title>How Sending in the Troops Saves Money</title>
		<link>http://www.businesspundit.com/how-sending-in-the-troops-saves-money/</link>
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		<pubDate>Tue, 03 Jun 2008 19:47:35 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
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		<description><![CDATA[<p>(Image Credit: Xinhua) FOUR FACTS ABOUT FOOD AND WARS 1. The human population is gobbling up food and mineral resources like they're Thanksgiving dinner. 2. As these resources decrease, civil wars increase. 3. Said resources are often... <a href="http://www.businesspundit.com/how-sending-in-the-troops-saves-money/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><a href='http://www.businesspundit.com/wp-content/uploads/2008/06/unpeace.jpg' title='unpeace.jpg'><img src='http://www.businesspundit.com/wp-content/uploads/2008/06/unpeace.jpg' alt='unpeace.jpg' /></a><br />
(Image Credit: Xinhua)</p>
<p><em>FOUR FACTS ABOUT FOOD AND WARS</em></p>
<p><em>1. The human population is gobbling up food and mineral resources like they&#8217;re Thanksgiving dinner.<br />
2. As these resources decrease, civil wars increase.<br />
3. Said resources are often located in countries festering with civil conflicts. Just look at Darfur, Tibet and Iraq.<br />
4. This situation is looking to be one of the 21st century&#8217;s major headaches.</em></p>
<p><strong>What&#8217;s a developed country to do?</strong></p>
<p><a href='http://www.businesspundit.com/wp-content/uploads/2008/06/peacepdf.pdf' title='peacepdf.pdf'>The Solution in a PDF Chart</a></p>
<p>According to the people at the <a href="http://www.copenhagenconsensus.com/Default.aspx?ID=788">Copenhagen Consensus</a>, once a civil war looks like it&#8217;s finished, <strong>the cheapest thing to do is send in peacekeepers</strong>. They claim that the costs of sending in the blue helmets are far more reasonable then letting a civil war fester. </p>
<p>An extended civil war not only costs the stricken country 2% of its yearly economic growth, but limits foreign direct investment and resource access for the rest of the world. Add to that the regional crime and terrorism civil wars espouse, and suddenly peacekeepers start to make a lot more sense.</p>
<p><em>Here are the options Copenhagen presents:</em><br />
<strong><br />
DO NOTHING: NO VALUE FOR YOUR MONEY</strong><br />
Worldwide, <strong>wars in developing countries cost about $120-$500 billion/year</strong>. A country in a civil war losts roughly 2% of its growth per year. It takes 14 years, on average, to recover from a civil war. The interdependent world loses out on potential benefits provided by the country, such as resources and land for facilities. Many civil wars also become regional, which often aggravates crime and terrorism. </p>
<p><strong>SEND FINANCIAL ASSISTANCE: DECENT ROI </strong><br />
<strong>Countries worldwide hand out $120 billion in foreign aid/year</strong>, covering the bare minimum of the costs produced by wars. If rich countries send a region enough money to cover the 2%/year growth costs, the odds of a (costly) future war decrease. <a href="http://www.economist.com/world/international/displaystory.cfm?story_id=11376580">An Economist article</a> on the subject says <strong>each &#8220;percentage-point reduction in the rise of renewed violence is &#8216;worth&#8217; (up to) $2.5 billion.&#8221;</strong> Financial aid, then, will pay off in the form of a secure future.</p>
<p><strong>SEND IN PEACEKEEPING MISSIONS: BEST BANG FOR YOUR BUCK</strong><br />
Peacekeeping missions are the most powerful tool we have in preventing future conflicts. According to the <a href="http://www.timesonline.co.uk/tol/news/environment/article3992164.ece">Times Online</a>, &#8220;spending $850m on a peacekeeping initiative reduces the ten-year risk of conflict re-emerging from around 38% to 7%.&#8221; The article says that <strong>each percentage point of risk reduction is worth around $2.5bn to the world.</strong></p>
<p>In sum, <strong>if the world spends $1 billion per year on conflict reduction, the benefits</strong> (in terms of the country&#8217;s growth, stability, global security, etc.) <strong>add up to $12.6 billion</strong>. Every dollar invested returns $12.60 of positive benefit to the country and, as a result, the world. </p>
<p><em>With this reasoning in place, why does it take the UN so darn long to intervene in places like Darfur? </em></p>
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		<title>National Healthcare will Hurt War Effort</title>
		<link>http://www.businesspundit.com/national-healthcare-will-hurt-war-effort/</link>
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		<pubDate>Tue, 03 Jun 2008 14:21:23 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
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		<description><![CDATA[<p>The New York Times wrote a poignant article on how improving healthcare will probably diminish the US military. Until the Nixon era, the US military had a mandatory enlistment program. When Nixon abolished the draft, enlistment decreased by... <a href="http://www.businesspundit.com/national-healthcare-will-hurt-war-effort/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><a href='http://www.businesspundit.com/wp-content/uploads/2008/06/john-montgomery-flagg.jpg' title='john-montgomery-flagg.jpg'><img src='http://www.businesspundit.com/wp-content/uploads/2008/06/john-montgomery-flagg.jpg' alt='john-montgomery-flagg.jpg' /></a></p>
<p>The New York Times wrote a <a href="http://www.nytimes.com/2008/05/30/business/30norris.html?_r=2&#038;scp=1&#038;sq=health's%20gain%20may%20be%20army's%20loss&#038;st=cse&#038;oref=slogin&#038;oref=slogin">poignant article</a> on how <strong>improving healthcare will probably diminish the US military</strong>. </p>
<p>Until the Nixon era, the US military had a mandatory enlistment program. When Nixon abolished the draft, enlistment decreased by roughly 50%. Recruiters had to find new ways of luring in potential soldiers. They added cash bonuses, increased the number of recruiters, and, offered a sweet healthcare package.</p>
<p>NYT research shows that <strong>healthcare has been a significant factor in deciding to enlist</strong>. </p>
<p><em>Michael Massing, (The New York Review of Books, April 3) tells the story of one part-time college student from Brooklyn, who was holding down two jobs but still going into debt. “Meanwhile, he got married, his wife got pregnant, and he had no health care. From a brother in the military, he had learned of the Army’s many benefits, and, visiting a recruiter, he heard about Tricare, the military’s generous health plan.” He enlisted.</p>
<p>It seems a bit perverse that the incentives for a young person with children to join are greater than the incentives for his childless friend. But that is the way it is. </em></p>
<p>So <strong>what happens when a national healthcare policy is put into place? Enlistment drops.</strong> Iraq is understaffed (presumably, this even applies to an exit policy). And the Army is out of an incentive to bring more people in. </p>
<p><strong>The challenge, then, is finding new people to fight the war.</strong> <strong>The recession may help</strong>: chronically unemployed people with a grim economic outlook are more likely to enlist than those expecting a job down the line. </p>
<p><strong>In the longer term, the military may rely on education benefits</strong>. Congress passed a bill approving full public-university tuition and $1,000/month living expenses for veterans who served at least three years in the military after 9/11. Candidate McCain says this bill will only help if people stay in the army longer&#8211;most people these days choose not to re-enlist. </p>
<p><strong>In sum, it&#8217;s a grim trade-off</strong>: Iraq and Afghanistan for national health. I definitely stand on the side of healthcare, which is so desperately needed in our country&#8230;but the government can&#8217;t ditch an entire national security campaign without some kind of repercussion. What do you think? </p>
<p>(Image by John Montgomery Flagg)</p>
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		<title>Why Women Almost Always Do Better in Business Than Men</title>
		<link>http://www.businesspundit.com/why-women-almost-always-do-better-in-business-than-men/</link>
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		<pubDate>Fri, 16 May 2008 17:47:49 +0000</pubDate>
		<dc:creator>Lela Davidson</dc:creator>
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		<description><![CDATA[<p>The Washington Post has a great article today that explores the reasons why empowering women eliminates the cycle of poverty, particularly in post-conflict Rwanda. It's hard to imagine the lives Rwandan women have lead, hard to relate to a... <a href="http://www.businesspundit.com/why-women-almost-always-do-better-in-business-than-men/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p>The Washington Post has a great article today that explores the reasons why <a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/05/15/AR2008051504035.html">empowering women eliminates the cycle of poverty</a>, particularly in post-conflict Rwanda. It&#8217;s hard to imagine the lives Rwandan women have lead, hard to relate to a circumstance where you have no rights, no standing, and no physical power to protect yourself. So why now, with just the slightest assistance, are these amazing women beating out their male counterparts in business? Easy &#8211; they&#8217;re women.</p>
<p><strong>Women Must Master Technique</strong></p>
<p>When I learned to windsurf, instructors told me women always learned faster than men. Because we <em><strong>cannot rely on our physical strength alone</strong></em>, we are better at mastering technique. Turns out the same may be true in business:</p>
<blockquote><p align="left"><em>As both female and male survivors sought to rebuild coffee plantations with financial and technical assistance from international organizations, Maraba&#8217;s women, most trying their hands at the business of farming for the first time, were by far the faster students. They showed more willingness than men, officials here said, to embrace new techniques aimed at improving quality and profit</em></p>
</blockquote>
<p align="left">The ability to innovate is what&#8217;s put Rwandan women ahead of their brothers and fathers in business.</p>
<p align="left"><strong>Women Must Feed Children</strong></p>
<blockquote><p align="left"><em>Women more than men invest profits in the family, renovate homes, improve nutrition, increase savings rates and spend on children&#8217;s education, officials here said.</em></p>
</blockquote>
<p align="left">Once you&#8217;ve borne a child, it&#8217;s instinct to do whatever it takes to keep that child alive. This includes providing food, shelter and creating a safety net for the future. Building families in turn builds up a society, which creates more opportunity and eventually increased prosperity. Because women naturally do these activities, giving them legal rights to own property and compete with men in business builds up the community. </p>
<p align="left"><strong>Women Must </strong><strong>Persevere</strong></p>
<p align="left">Women have got to stick it out. There is no alternative for our survival and remember, <a href="http://www.businesspundit.com/its-all-business/">it&#8217;s all business</a>. Women must transcend unthinkable realities.</p>
<blockquote><p><em>She watched as her husband was killed by bullets, her infant son and 2-year-old daughter hacked to death by blades. She survived by pretending to be dead. </em></p>
<p><em>&quot;After two days I woke up,&quot; Nyirabaganwa, 39, said. &quot;Birds were eating my dead children. This was too much for me. I wanted to be killed . . . I felt as if I was dead, too. I did not want to go on.&quot; </em></p>
</blockquote>
<p>Could you? </p>
<blockquote><p align="left"></p>
</blockquote>
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