Democracy Now! correspondent Jeremy Scahill talks with Congressman Henry Waxman, chair of the powerful House Oversight and Government Reform Committee, about whether Sen. Barack Obama would cancel the private military firm Blackwater's Iraq contract if Obama is elected president. Serious questions remain about what Obama will do with this massive private, shadow army in Iraq.

Watch part 2 of this report here.

And for more on the war profiteers, check out Iraq for Sale.