Halliburton, Dick Cheney, and wartime spoils

[SHRED]

---

An older article but worthy of review.
In case you missed these facts the first time around.

I wonder why our so-called "librul media" didn't cover this to any extent whatsoever? Specifically Cheney's dealings with forbidden Iran.



---


Halliburton, Dick Cheney, and wartime spoils

Halliburton
1150 18th St NW, #200
Washington DC

By Lee Drutman and Charlie Cray, Citizen Works

When Defense Policy Board chairman Richard Perle revealed that he was getting $725,000 to help Global Crossing navigate the national security issues surrounding the sale of its assets, the press jumped all over Perle, and rightly so. There was indeed something fishy about the chairman of a board that advises the Pentagon making that kind of money to help a company that was having problems with national security issues. Perle is also on the board of Onset Technology, the leading provider of message conversion technology and a major supplier to Bechtel - one of the leading candidates for rebuilding the Iraqi infrastructure.

As the Center for Public Integrity has documented, this kind of thing is quite prevalent on the Defense Policy Board, where at least nine of the 30 members have ties to companies that have won more than $76 billion in defense contracts in 2001 and 2002. As more and more wartime contracts are announced, more and more conflicts of interest are coming to light. After all, the Bush administration is riddled with ties to the weapons, engineering, construction, and oil companies that have the most to profit from a war in Iraq. Perle's story is certainly not unusual.

However, of all the administration members with potential conflicts of interest, none seems more troubling than Vice President Dick Cheney. Cheney is former CEO of Halliburton, an oil-services company that also provides construction and military support services - a triple-header of wartime spoils.

A few weeks ago, the U.S. Army Corp of Engineers awarded a no-bid contract to extinguish oil well fires in Iraq to Kellogg Brown and Root (KBR), a subsidiary of Halliburton. The contract was granted under a January Bush administration waiver that, according to the Washington Post, allowed "government agencies to handpick companies for Iraqi reconstruction projects."

Continued:
http://www.citizenworks.org/corp/halliburton.php

---

[Rick Myers]

1. BushCo has sold their souls, and now they are selling off America!!!

This shit makes the Robber Barons look like clowns!!!

80 percent of the LOOT paid for "The War in Iraq" NEVER leaves this country. Graft. War profittering. TREASON.

Pure evil.

:grr:

on edit: Perle has been PROVEN to be an agent of Israel and is certainly guilty of treason.

[Octafish]

2. Halliburton -- Poster Child For War Profiteering

More fuel for the bonfire:

Halliburton -- Poster Child For War Profiteering

by Evelyn J. Pringle
www.dissidentvoice.org
January 24, 2005

Of course, by now everybody has at least heard of Halliburton, the all-time poster child for war profiteering. But I'll bet most people don't understand exactly how this company has gone the full financial circle in Iraq. Some background info may be helpful.

First of all it helps to know that between 1999 and 2002, Halliburton gave more than $700,000 in political contributions, almost always to Republicans. In 2000, it donated $17,677 to Bush. In fact, the 70 or so companies that were awarded contracts in Iraq have contributed more money to Bush than they have to any other candidate over the past 12 years.

But overall, Halliburton owes most of its good fortune to Vice President Dick Cheney. While he was Bush Sr.'s secretary of defense, Cheney directed millions of tax dollars in government business to Halliburton.

Toward the end of his tenure, Cheney decided to turn over the business of planning and providing support for military operations abroad, such as preparing food, doing the laundry, and cleaning the latrines, to one company, Halliburton. He commissioned Halliburton to do a study of how this plan might work. In effect, you might say that Cheney paid Halliburton to create its own market.

SNIP...

Cheney Does Good By Halliburton

I have to admit, in the second half of the 1990s, as CEO, Cheney did rack up a number of notable accomplishments. He increased Halliburton’s offshore tax havens nearly five-fold, from 9 to 44. And that sure paid off. The company went from paying $302 million in federal taxes in 1998, to getting an $85 million refund in 1999. All of which comes as no surprise considering the fact that Halliburton is one of the world’s most notorious corporate crooks. Cheney and Halliburton was a match made in heaven. Together they found ways to make money off of just about every known terrorist county on God's green earth, regardless of the strict US laws against it.

CONTINUED...

http://www.dissidentvoice.org/Jan05/Pringle0124.htm

Wake up America and smell the warmongers.

CitizenWorks.org is a great resource. Most important stuff to remember, there, SHRED.

[bbinacan]

3. I hate when facts are distorted.

Yes Cheney sucks but,

"Cheney, who served as CEO from 1995 to 2000, continues to receive as much as $1 million a year in deferred compensation as Halliburton executives enjoy a seat at the table during Administration discussions over how to handle post-war oil production in Iraq."

The deferred comp was earned while at Halliburton and yes it is an obligation on their balance sheet so that if the co. goes under, Cheney would not get paid. However, Cheney bought insurance to cover his deferred comp in case the co. went under. Sheeesh.

:think:

[Rick Myers]

4. Ummm.... Beer....

:beer:

[bbinacan]

5. Yes Sir!!

having a cold one now. :toast: