Genral Pace Joins Blackwater/Xe Purchased by Investors

[Independem]

Genral Pace Joins Blackwater/Xe Purchased by Investors

General Peter Pace, Former Chairman of the Joint Chiefs of Staff, to Join AAR CORP. Board of Directors

AAR CORP. (NYSE: AIR) announced today that retired Marine General Peter Pace has been elected to serve on the Company's Board of Directors, effective January 18, 2011.
General Pace served as the 16th Chairman of the Joint Chiefs of Staff, the most senior position in the United States Armed Forces, from 2005 to 2007. As Chairman, he served as the principal military advisor to the President, Secretary of Defense, the National Security Council and the Homeland Security Council and was responsible for providing advice on U.S. operations in Iraq and Afghanistan.

http://phx.corporate-ir.net/phoenix.zhtml?c=117483&p=irol-newsArticle&ID=1507581&highlight=

Former Blackwater Purchased by Investors

RALEIGH, N.C.) — An investment group with ties to the founder of the company formerly known as Blackwater announced Friday that it has bought the security firm, which was heavily criticized for its contractors' actions in Iraq.
USTC Holdings said in a statement that the acquisition of the company now called Xe Services includes its training facility in North Carolina.

http://www.time.com/time/business/article/0,8599,2037797,00.html

I know everyone feels saver that a private army has a general from the Bush Administration running a for profit soldiers of fortune.

[Angry Dragon]

1. Can anyone in the US now form their own army??

[Sonoman]

4. Sure seems that way.

I suppose if you can get an overseas contract then you're legit.

This Pace thing stinks.

Sonoman

[tabasco]

2. Every piece of shit ends up in the sewer.

Make no mistake. Pace is a piece of shit.

[msongs]

3. and that our current crowd is giving the private for profit soldiers more filthy contracts nt

[Sonoman]

5. Nice pay-off, eh? KnR

[KoKo]

6. a Very Good Pay Off...wish that all of us could get this one. "It's about 'bidness." That's what

rules..it's all that rules..."...about "Bidness."

[Sonoman]

7. I wonder how much stock he received in the buy-out.

Our Kaiser facility in San Rafael is absolutely teeming with young people in chairs and on crutches (the Lucky Ones).

It simultaneously breaks my heart and drives me into a red rage.

Sonoman

[Independem]

8. Private Security Contractors Head to Gulf Katrina 2005

Private Security Contractors Head to Gulf

Thursday, September 8, 2005


Companies in the Gulf Coast area hit by Hurricane Katrina are turning to an unusual source to protect people and property rendered vulnerable by the storm's damage -- private security contractors that specialize in supporting military operations in war-torn countries such as Iraq and Afghanistan.

http://www.washingtonpost.com/wp-dyn/content/article/2005/09/07/AR2005090702214.html

We have the National Guard, FBI, State, County and Local Police but we have to call in private contractors whom answer to nobody $800 a day to protect people. WTF

[Independem]

9. Taxpayers Paying Torture Contractors' Legal Bills

Taxpayers Paying Torture Contractors' Legal Bills $5 Million


Taxpayers are currently paying the legal bills for Jim Mitchell and Bruce Jessen, two CIA contractors who reportedly helped plan and execute the Bush administration's "enhanced interrogation" program, the Associated Press' Adam Goldman and Matt Apuzzo reported Thursday night. The CIA agreed to pay up to $5 million to cover legal fees for the two men—far more than the standard amount that would be covered for employees of the agency (during the Bush administration, it was standard practice for CIA officers to pay half of the cost of insuring themselves against possible legal action).

http://motherjones.com/mojo/2010/12/taxpayers-paying-torture-contractors-legal-bills

(The Bush administration reportedly paid them between $1,000 and $2,000 per day to do it.) Do It is Torture!

[The Wizard]

10. Xe

a euphemism for brownshirts.

[grasswire]

11. why isn't there a law against this?

Someone who has had top security clearance shouldn't be able to hire out to private operations.