Thursday, November 15, 2007

The Senator from Israel ... and War Profiteering

Feinstein, who served as chairperson and ranking member for the committee from 2001-2005, came under fire early last year in these pages for profiting by way of her husband Richard Blum who, until 2005, held large stakes in two defense contracting companies. Both businesses, URS and Perini, have scored lucrative contracts in Iraq and Afghanistan in the last four years, and Blum has personally pocketed tens of millions of dollars off the deals his wife, along with her colleagues, so graciously approved.

Here's a brief rundown of the Feinstein family's blatant war profiteering. In April 2003, the U.S. Army Corps of Engineers gave $500 million to Perini to provide services for Iraq's Central Command. A month earlier in March 2003, Perini was awarded $25 million to design and construct a facility to support the Afghan National Army near Kabul. And in March 2004, Perini was awarded a hefty contract worth up to $500 million for "electrical power distribution and transmission" in southern Iraq.

But it is not just Perini that has made Feinstein and Blum wealthy. Blum also held over 111,000 shares of stock in URS Corporation, which is now one of the top defense contractors in the United States. Blum was an acting director of URS, which bought EG&G, a leading provider of technical services and management to the U.S. military, from the neocon packed Carlyle Group back in 2002.

URS and Blum have since banked on the war in Iraq, attaining a $600 million contract through EG&G, which Sen. Feinstein permitted. As a result, URS has seen its stock price more than triple since the war began in March of 2003. Blum has cashed in over $2 million on this venture alone and another $100 million for his investment firm.

CounterPunch

The Senator from Israel

California delegates applauded U.S. Sen. Dianne Feinstein (D-CA), who was one of the five Jewish women of Congress who received Hadassah's "Every Action Counts" Congressional Award this week. Feinstein thanked the delegates for the honor, and discussed her support for the State of Israel and her proposal that the U.S. should begin to move ambassadorial functions from Tel Aviv to Jerusalem.

Z Pub

Let's give credit where credit is due. Feinstein isn't the only U.S. Senator from Israel. There's also the vile and repugnant Joe LIEberman and the loathsome Chuck Schumer.

These three are dedicated Zionists and Israeli Firsters never let their oath to the U.S. Constitution get in the way of taking care of Israel first and leaving the leftovers for their constituents.
When the Israeli Zionists bark out an order, these Three Stooges gladly tend to their master's orders, by signing death warrants for American kids getting killed fighting wars for Israel.

They love the Fascist Apartheid state of Israel so much, they should move there and stay. America doesn't need traitors holding office in the U.S. Senate.

We already have them in control of the White House and that's more than enough.

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