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Industry Talk: Erik Prince On CNBC

Tags: Blackwater, CNBC, Finance, Industry Talk, interview, private military company, Video, war, Xe

This entry was posted on Thursday, June 24, 2010, 6:17 pm and is filed under Afghanistan, Finance. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.

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headjundi

I also found a really interesting quote that I had never heard before, that popped up at his Tulip Time Festival speech in Holland Michigan. Here it is: "Prince said the idea for a private security firm, with trained staff, stemmed in part from his experience with the Rwandan genocide of 1 million people." http://www.mlive.com/news/grand-rapids/index.ssf/...

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headjundi

His point on cost and performance is what I think is going to really come into play as elections come up, and as the war goes on. I look at the recent contracts his former company gained as a sign that the current administration cannot afford to play politics anymore with the war. If they are committed, they need performance, and Xe is the best company they could go with. That is according to those that picked Xe over DynCorp and Triple Canopy. That says a lot to me. I also think the choice of Petraeus says a lot about this administration. Both Biden and Obama were extremely anti-Petraeus a couple of years back during the war hearings on Iraq. I remember the whole 'General Betray Us' campaign in the media and I think it is ironic that those same individuals are having to eat crow and hire companies like Xe or team up with a General they attacked. Even the fact that CNBC, whose sister network is MSNBC, is allowing Prince to come on to their show and speak says a lot. MSNBC has been furiously anti-contractor and anti-war, and yet here is CNBC doing a rather 'pleasant' and interesting interview with the devil. lol Interesting times.

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Eeben Barlow

Hi Matt, A good discussion by EP. I think he made several points I hope the powers that are listen to . Thanks for posting it. Rgds, Eeben

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Trackbacks

  1. Military News: Admiral Mike Mullens– Debt Is Biggest Threat To U.S. National Security | Feral Jundi says:
    Friday, June 25, 2010 at 5:05 pm

    [...]   Thanks to Doug for sending me this. The numbers on this are staggering.  I also think that Prince is absolutely right.  If we plan on continuing the war effort, then efficiency initiatives in [...]

  2. Bellum » Erik Prince on Logistics and Afghanistan says:
    Saturday, June 26, 2010 at 1:25 pm

    [...] will succeed, Erik Prince — former CEO of Blackwater — offers this commentary (H/T FeralJundi): I won’t comment to whether it will work or not. I’ll just comment on how difficult it [...]

  
          
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