If only the Republicans could put a real CEO in the Oval Office they could prove the USA could be made to make a profit.
There was a former CEO in the Oval Office. "W" was a former CEO. So was Cheney. They never made a profit, they increased the national deficit and national debt with two unpaid for wars.
There were profits being made though. The profits of the "W" and Cheney administration was Halliburton, the company Cheney managed before assigning himself as Vice President.
That type of profit it not unusual. Companies of any kind LOVE and CHERISH an opportunity to collect federal dollars no matter the source of those dollars. Even if war is killing people and sacrificing USA soldiers, the profits of USA corporations reign. Of course, the CEO has not been asked to be a USA soldier in order to collect the federal dollars, except, for one. Blackwater and Erik Prince made incredible money in Iraq.
So, what has happened to Eric Prince?
Erik Dean Prince (born June 6, 1969) is an American businessman, philanthropist, and former U.S. Navy SEAL officer. Prince is best known for founding the government services and security company Blackwater USA. He served as its CEO until 2009 and later as chairman, until Blackwater Worldwide was sold in 2010 to a group of investors. Prince currently heads the private equity firm Frontier Resource Group and is chairman of Hong Kong-listed Frontier Services Group Ltd. He lives in both Middleburg, Virginia and Abu Dhabi, United Arab Emirates.
March 24, 2016
By Jeremy Scahill and Matthew Cole
Rik Prince, (click here) founder of the now-defunct mercenary firm Blackwater and current chairman of Frontier Services Group, is under investigation by the U.S. Department of Justice and other federal agencies for attempting to broker military services to foreign governments and possible money laundering, according to multiple sources with knowledge of the case.
What began as an investigation into Prince’s attempts to sell defense services in Libya and other countries in Africa has widened to a probe of allegations that Prince received assistance from Chinese intelligence to set up an account for his Libya operations through the Bank of China. The Justice Department, which declined to comment for this article, is also seeking to uncover the precise nature of Prince’s relationship with Chinese intelligence.
Prince, through his lawyer, Victoria Toensing, said he has not been informed of a federal investigation and had not offered any defense services in Libya. Toensing called the money-laundering allegations “total bullshit.”...