GOPs idealogy in play - Govt cannot solve the problem, Govt is the problem - From there, everything should be outsourced to private companies. Gee, I wonder why the government is running a deficit. If non-profit activities are turned into profit generating activities, OF COURSE IT WILL COST MORE YOU IDIOT!
Efficencies - thats why it made sense. Govt is inefficient. Reagan screwed us with those words.
Blackwater Worldwide
From Wikipedia, the free encyclopedia
Xe Services LLC Type Private military security firm Industry Private military and security contractor Founded 1997 Founder(s) Erik Prince
Al ClarkHeadquarters Moyock, North Carolina, USA[1]
Area served Worldwide Products law enforcement training, logistics, Close quarter training, and security services Services Security management, full-service risk management consulting Revenue Unknown Operating income Unknown Net income Unknown Employees Unknown Divisions 9 Website www.xecompany.com/ Xe Services LLC (pronounced /ˈziː/ zee) is a private military company founded as Blackwater USA in 1997 by Erik Prince and Al Clark.[2][3] The company has a wide array of business divisions, subsidiaries, and spin-off corporations but the organization as a whole has aroused significant controversy.[4][5][6][7][8] The Iraq War documents leak showed that Blackwater employees committed serious abuses in Iraq, including killing civilians.[9] Altogether, the documents reveal fourteen separate shooting incidents involving Blackwater forces, which resulted in the deaths of ten civilians and the wounding of seven others, not including the Nisoor Square massacre that killed seventeen civilians. A third of the shootings occurred while Blackwater forces were guarding US diplomats.[10]
In October 2007, Blackwater USA was renamed Blackwater Worldwide. It announced on February 13, 2009 that it would operate under the new name "Xe." In a memo sent to employees, President Gary Jackson wrote that the new name "reflects the change in company focus away from the business of providing private security." A spokesperson for the company stated that it feels the Blackwater name is too closely associated with the company's work in the occupation of Iraq.[11] Spokeswoman Anne Tyrrell said there was no meaning in the new name, which the company took over a year to arrive at in an internal search.[12]
Xe is currently the largest of the U.S. State Department's three private security contractors. Of the 987 contractors Xe provides, 744 are U.S. citizens.[13][14] At least 90% of the company's revenue comes from government contracts. Xe provided security services in Iraq to the United States federal government, particularly the Central Intelligence Agency[1] on a contractual basis. They no longer have a license to operate in Iraq: the new Iraqi government made multiple attempts to expel them from the country,[15] and denied their application for an operating license in January 2009.[16] However, the company is still under contract with the State Department and some Xe personnel were working legally in Iraq at least until September 2009.[17]
The company was purchased on December 17, 2010 by USTC Holdings, an investment group. Erik Prince will no longer have an equity stake in or involvement in the management or operation of Xe.[18]
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