Oil services firm paid Cheney as VP
REUTERS
Dick Cheney
WASHINGTON - Vice President Dick
Cheney, a former CEO of Halliburton Co., has received hundreds of thousands of dollars from the company since taking office while asserting he has no financial interest in the company, Senate Democrats said Tuesday.
The Democrats demanded to know why Cheney claimed to have cut ties with the oil services company, involved in a large no-bid contract for oil reconstruction work in Iraq, when he was still receiving large deferred salary payments.
Senate Democratic Leader Tom Daschle of South Dakota and Sen. Frank Lautenberg, D-N.J., said the revelations reinforced the need for hearings about the no-bid contracts Halliburton received from the Bush administration.
"The vice president needs to explain how he reconciles the claim that he has 'no financial interest in Halliburton of any kind' with the hundreds of thousands of dollars in deferred salary payments he receives from Halliburton," Daschle said in a statement.
On NBC's "Meet the Press" Sunday, Cheney, who was Halliburton's CEO from 1995 to 2000, said he had severed all ties with the Houston-based company.
"I have no financial interest in Halliburton of any kind and haven't had now for over three years," he said.
Cathie Martin, a Cheney spokeswoman, confirmed that the vice president has been receiving the deferred compensation payments from Halliburton, but she disputed that his statements on "Meet the Press" had been misleading.
Cheney had already earned the salary that was now being paid, Martin said, adding that once he became a nominee for vice president, he purchased an insurance policy to guarantee that the deferred salary would be paid to him whether or not Halliburton survived as a company.
"So he has no financial interest in the company," she said.
But Lautenberg said Cheney's financial disclosure filings with the Office of Government Ethics listed $205,298 in deferred salary payments made to him by Halliburton in 2001, and another $162,393 in 2002. The filings indicated that he was scheduled to receive more payments this year and in 2004 and 2005.
"In 2001 and 2002, Vice President Cheney was paid almost as much in salary from Halliburton as he made as vice president," Lautenberg said.
The vice president's salary is $198,600 annually.
9.17.2003
Halliburton Resources
Repeal Bush Immunity for US Oil Companies in Iraq
Source: Institute for Policy Studies Posted: July 23, 2003
WASHINGTON - Representatives of The Institute for Policy Studies (IPS) and Government Accountability Project (GAP) today urged Congress to investigate - and repeal - an executive order signed by President George W. Bush that gives sweeping powers to U.S. oil companies operating in Iraq.
The two public interest organizations charged that President Bush far overreached a May 22, 2003, United Nations resolution that was designed to protect Iraqi oil revenues for humanitarian purposes when he signed an executive order that could place U.S. corporations above the law for any activities "related to" Iraqi oil, either in Iraq or domestically. Bush signed Executive Order 13303 the same day that the UN Security Council unanimously adopted Resolution 1483, which sets up a development fund, from Iraqi oil revenues, for "humanitarian purposes."
"This order reveals the true motivation for the present occupation: absolute power for U.S. corporate interests over Iraqi oil," said IPS Senior Researcher Jim Vallette. "This is the smoking gun that proves the Bush administration always intended to free corporate investments, not the Iraqi people."
"In terms of legal liability, the Executive Order cancels the concept of corporate accountability and abandons the rule of law," charged Tom Devine, legal director of the Government Accountability Project. "It is a blank check for corporate anarchy, potentially robbing Iraqis of both their rights and their resources."
_________________________________________________________________________
Enron Style Corporate Crime and Privatization A look at the U.S. Coalition of Service Industries
By Darren Puscas Polaris Institute June 20, 2003
The U.S. Coalition of Service Industries (CSI or USCSI) is the largest services oriented lobby group in the United States. With prime access to elite government and corporate circles, its various corporate members gain handsomely from international trade agreements, from IMF or World Bank handouts, and from privatization programs. As well, many USCSI corporate members have been embroiled in the corporate scandals that have rocked the U.S. and the world in the past two years. You can almost pick at random from the USCSI membership to find a corporation that is either privatizing public services, embroiled in financial controversy, or gaining from the misery imposed by an IMF loan.
The degree to which members of the USCSI were among the corporations most involved in the recent wave of corporate scandals is disturbingly high. For example, Enron, Andersen, and WorldCom were all USCSI members at the time they were hit with the scandals (Enron and Andersen have since left the coalition). Enron was the company that hid debt from its books in order to artificially inflate its value to shareholders and was also heavily involved in the illegal trading which led to the California energy crisis in 2001. Andersen was Enron's accountant who let this all happen. And Worldcom was the corporation that inflated profits by nearly $4bn through deceptive accounting and later went bankrupt (only to reemerge as MCI). And, we shall see, this is just the tip of the iceberg, as many other USCSI corporations were heavily involved in various forms of illegal and unethical activity.
THE WORLD ACCORDING TO HALLIBURTON
Mother Jones July 23, 2003 Issue is featuring a fascinating (and frightening) map of the Halliburton empire. Created by Michael Scherer, this interactive map lets you explore the tax havens, defense-related contracts, and federal energy subsidies in the company's global web consisting of offices in 70 countries and annual revenues of $12.6 billion.
Since Dick Cheney took over as CEO of Halliburton in 1995, after serving as secretary of defense during Gulf War I, the company has had tight political connections -- revenues rose 26 percent in his first year. "Federal investigators looking into charges that Halliburton defrauded taxpayers said that company officials "had the upper hand at the Pentagon because they knew the process like the back of their hand."
Scherer shows that Halliburton continues to remain well-connected. The tax dollars the company receives -- $2.2 billion in defense-related contracts and generous subsidies for profitable pipeline projects -- "couldn't come at a better time for Halliburton," Scherer states, "its share price has collapsed under the weight of asbestos lawsuits, a federal investigation into its accounting practices, and a drop in oil prices." And Halliburton adds insult to injury to the American people by avoiding paying taxes, Scherer notes. "In 1995, the company had nine subsidiaries in the Cayman Islands, Bermuda, and other countries that serve as tax havens. By 2002, it had 58."
anyone reading this grim report on corporatism may wish some international comic relief.
THE BUSH OIL CONSPIRACY. Follow the money.
THE ABCD's of the Bush war machine.
A.) FIND THE SETUP
Fraud Traced to the White House How California’s energy scam was inextricably linked to a war for oil scheme - Seeing the Forest from Blah 3
B.) BUILD A PROPAGANDA MACHINE
November 3, 2002 HADLEY NAMED KEY MAN IN "MARKETING" OF WAR ON IRAQ
The goal of building fresh public support for U.S. policy to invade IRAQ falls to NSC deputy Hadley. Cheney delivered a public indictment of Hussein at the end of August, while Bush presented a bill of particulars to the opening session of the U.N. General Assembly two weeks later. Randy Scheunemann, exec. dir. Committee for the Liberation of Iraq said Capitol Hill offices have been "getting a lot of calls against and not many for the war." The Committee's methods will borrow heavily from the NATO effort, including sessions with opinion makers, contacts for journalists and mass marketing when the time is ripe. The approach is a familiar one to the Bush administration. Hadley co-founded the NATO project. Board members included Rice, Wolfowitz and U.S. Trade Representative Robert B. Zoellick. Cheney and Powell advise the group
C.) START A WAR
D.) SEE THE RESULT
Is Halliburton building a SECRET pipeline to Kuwait? This guy thinks so:
Theft of Iraqi Oil: Palm Bay man has eye for detail Balochistan Post
Halliburton Makes a Killing on Iraq War
Iraq rebuilding contracts awarded Halliburton, Stevedoring Services of America get government contracts for early relief work. The first contracts for rebuilding post-war Iraq have been awarded, and Dick Cheney's old employer, Halliburton Co., is one of the early winners.
Cheney, Halliburton and the Spoils of War oil-services company provides construction and military support services - a triple-header of wartime spoils.
Will Halliburton Clean Up? Cheney Co. stands to make millions rebuilding Iraq.
Sometimes it is better to look at the end result
Then decide if it fits one of the reasons given.
At this point we know beyond any doubt that Halliburton has been awarded $425 MILLION Dollars in open ended no bid contracts to get the oil flowing in IRAQ. That is a clear result.
We do not know about the WMD
We do not know about Saddam Hussein
We do not know about Democracy in IRAQ
We do not know (for sure) if the IRAQIs are better off.
We do not know if the Iraqis are happy we are there.
We do not know if we are safer from terrorist
We do not know if Saddam Hussein helped Al Queda
WE do know that Halliburton is making huge amounts of money
Despite the fact that Halliburton
1) pled guilty to a felony paid a 1.2 million dollar fine
2) moved ops to a Cayman tax shelter to avoid 80 million in taxes
3) over charged taxpayers 2 million dollars on a Fort Ord contract
4) offered to settle fraud lawsuits by stockholders for 6 million dollars.
5) admitted to illegal bribes in Nigeria
6) paid Dick Cheney 40 million dollars
7) is under SEC Investigation for questionable accounting practices.
Despite these violations of law and trust Dick Cheney's old company is raking in big bucks and the oil will flow.
That has to be worth the blood spilled and the money spent by US Taxpayers and soldiers; OR DOES IT??
This answers the question of why we went to war in IRAQ.
Follow the money and figure out the end result.
The END justifies any reason or means for those who profit on the blood and trust of the American public
HALLIBURTON SET UP CAYMAN TAX HAVEN DURING CHENEY TENURE
Why should a tax evading corporation be the beneficiary of open ended no bid contracts worth millions?
Because they have friends in high places right
Cheney has lauded the White House's commitment to "more accountability for corporate officials." But what kind of accountability can we expect when corporations are not only allowed to walk away with little more than a slap on the wrist for defrauding taxpayers but continue to be richly rewarded with government contracts?
Congress is currently considering legislation that will bar the Pentagon and the new Homeland Security Department from doing business with companies that have set up offshore tax-cheat havens since January. Which means that all the corporations that had the foresight to profit early from their disloyalty, depriving the government of $70 billion a year, are A-okay. If something is so wrong on Jan. 1, what made it right on Dec. 31?
We should bar the government from signing contracts with any corporation that has moved offshore to avoid paying U.S. taxes. Period. And we should go further and not enter into any contracts with any company that has been fined for ripping off taxpayers. As the president said last year, you're either with us, or you're against us.
Below are the link and the first pages of the Judicial Watch lawsuit.
The $475,000 amount is explained as is the fact that Cheney is defendant.
What seems most interesting is the fact that this lawsuit has been offered a settlement of $6,000,000 dollars over 10 times the sought amount.
Also check the highlighted section where Halliburton has pled guilty to a FELONY and is a FELON that has paid 1.2 million in fines due to illegally exporting goods to the terrorist nation of Libya in violation of 50 U.S.C. §§ 1702 and 1705, 31 C.F.R. §§ 550.202, 550.208, 550.409, and 18 U.S.C. § 2
Source: Institute for Policy Studies Posted: July 23, 2003
WASHINGTON - Representatives of The Institute for Policy Studies (IPS) and Government Accountability Project (GAP) today urged Congress to investigate - and repeal - an executive order signed by President George W. Bush that gives sweeping powers to U.S. oil companies operating in Iraq.
The two public interest organizations charged that President Bush far overreached a May 22, 2003, United Nations resolution that was designed to protect Iraqi oil revenues for humanitarian purposes when he signed an executive order that could place U.S. corporations above the law for any activities "related to" Iraqi oil, either in Iraq or domestically. Bush signed Executive Order 13303 the same day that the UN Security Council unanimously adopted Resolution 1483, which sets up a development fund, from Iraqi oil revenues, for "humanitarian purposes."
"This order reveals the true motivation for the present occupation: absolute power for U.S. corporate interests over Iraqi oil," said IPS Senior Researcher Jim Vallette. "This is the smoking gun that proves the Bush administration always intended to free corporate investments, not the Iraqi people."
"In terms of legal liability, the Executive Order cancels the concept of corporate accountability and abandons the rule of law," charged Tom Devine, legal director of the Government Accountability Project. "It is a blank check for corporate anarchy, potentially robbing Iraqis of both their rights and their resources."
_________________________________________________________________________
Enron Style Corporate Crime and Privatization A look at the U.S. Coalition of Service Industries
By Darren Puscas Polaris Institute June 20, 2003
The U.S. Coalition of Service Industries (CSI or USCSI) is the largest services oriented lobby group in the United States. With prime access to elite government and corporate circles, its various corporate members gain handsomely from international trade agreements, from IMF or World Bank handouts, and from privatization programs. As well, many USCSI corporate members have been embroiled in the corporate scandals that have rocked the U.S. and the world in the past two years. You can almost pick at random from the USCSI membership to find a corporation that is either privatizing public services, embroiled in financial controversy, or gaining from the misery imposed by an IMF loan.
The degree to which members of the USCSI were among the corporations most involved in the recent wave of corporate scandals is disturbingly high. For example, Enron, Andersen, and WorldCom were all USCSI members at the time they were hit with the scandals (Enron and Andersen have since left the coalition). Enron was the company that hid debt from its books in order to artificially inflate its value to shareholders and was also heavily involved in the illegal trading which led to the California energy crisis in 2001. Andersen was Enron's accountant who let this all happen. And Worldcom was the corporation that inflated profits by nearly $4bn through deceptive accounting and later went bankrupt (only to reemerge as MCI). And, we shall see, this is just the tip of the iceberg, as many other USCSI corporations were heavily involved in various forms of illegal and unethical activity.
THE WORLD ACCORDING TO HALLIBURTON
Mother Jones July 23, 2003 Issue is featuring a fascinating (and frightening) map of the Halliburton empire. Created by Michael Scherer, this interactive map lets you explore the tax havens, defense-related contracts, and federal energy subsidies in the company's global web consisting of offices in 70 countries and annual revenues of $12.6 billion.
Since Dick Cheney took over as CEO of Halliburton in 1995, after serving as secretary of defense during Gulf War I, the company has had tight political connections -- revenues rose 26 percent in his first year. "Federal investigators looking into charges that Halliburton defrauded taxpayers said that company officials "had the upper hand at the Pentagon because they knew the process like the back of their hand."
Scherer shows that Halliburton continues to remain well-connected. The tax dollars the company receives -- $2.2 billion in defense-related contracts and generous subsidies for profitable pipeline projects -- "couldn't come at a better time for Halliburton," Scherer states, "its share price has collapsed under the weight of asbestos lawsuits, a federal investigation into its accounting practices, and a drop in oil prices." And Halliburton adds insult to injury to the American people by avoiding paying taxes, Scherer notes. "In 1995, the company had nine subsidiaries in the Cayman Islands, Bermuda, and other countries that serve as tax havens. By 2002, it had 58."
anyone reading this grim report on corporatism may wish some international comic relief.
THE BUSH OIL CONSPIRACY. Follow the money.
THE ABCD's of the Bush war machine.
A.) FIND THE SETUP
Fraud Traced to the White House How California’s energy scam was inextricably linked to a war for oil scheme - Seeing the Forest from Blah 3
B.) BUILD A PROPAGANDA MACHINE
November 3, 2002 HADLEY NAMED KEY MAN IN "MARKETING" OF WAR ON IRAQ
The goal of building fresh public support for U.S. policy to invade IRAQ falls to NSC deputy Hadley. Cheney delivered a public indictment of Hussein at the end of August, while Bush presented a bill of particulars to the opening session of the U.N. General Assembly two weeks later. Randy Scheunemann, exec. dir. Committee for the Liberation of Iraq said Capitol Hill offices have been "getting a lot of calls against and not many for the war." The Committee's methods will borrow heavily from the NATO effort, including sessions with opinion makers, contacts for journalists and mass marketing when the time is ripe. The approach is a familiar one to the Bush administration. Hadley co-founded the NATO project. Board members included Rice, Wolfowitz and U.S. Trade Representative Robert B. Zoellick. Cheney and Powell advise the group
C.) START A WAR
D.) SEE THE RESULT
Is Halliburton building a SECRET pipeline to Kuwait? This guy thinks so:
Theft of Iraqi Oil: Palm Bay man has eye for detail Balochistan Post
Halliburton Makes a Killing on Iraq War
Iraq rebuilding contracts awarded Halliburton, Stevedoring Services of America get government contracts for early relief work. The first contracts for rebuilding post-war Iraq have been awarded, and Dick Cheney's old employer, Halliburton Co., is one of the early winners.
Cheney, Halliburton and the Spoils of War oil-services company provides construction and military support services - a triple-header of wartime spoils.
Will Halliburton Clean Up? Cheney Co. stands to make millions rebuilding Iraq.
Sometimes it is better to look at the end result
Then decide if it fits one of the reasons given.
At this point we know beyond any doubt that Halliburton has been awarded $425 MILLION Dollars in open ended no bid contracts to get the oil flowing in IRAQ. That is a clear result.
We do not know about the WMD
We do not know about Saddam Hussein
We do not know about Democracy in IRAQ
We do not know (for sure) if the IRAQIs are better off.
We do not know if the Iraqis are happy we are there.
We do not know if we are safer from terrorist
We do not know if Saddam Hussein helped Al Queda
WE do know that Halliburton is making huge amounts of money
Despite the fact that Halliburton
1) pled guilty to a felony paid a 1.2 million dollar fine
2) moved ops to a Cayman tax shelter to avoid 80 million in taxes
3) over charged taxpayers 2 million dollars on a Fort Ord contract
4) offered to settle fraud lawsuits by stockholders for 6 million dollars.
5) admitted to illegal bribes in Nigeria
6) paid Dick Cheney 40 million dollars
7) is under SEC Investigation for questionable accounting practices.
Despite these violations of law and trust Dick Cheney's old company is raking in big bucks and the oil will flow.
That has to be worth the blood spilled and the money spent by US Taxpayers and soldiers; OR DOES IT??
This answers the question of why we went to war in IRAQ.
Follow the money and figure out the end result.
The END justifies any reason or means for those who profit on the blood and trust of the American public
HALLIBURTON SET UP CAYMAN TAX HAVEN DURING CHENEY TENURE
Why should a tax evading corporation be the beneficiary of open ended no bid contracts worth millions?
Because they have friends in high places right
Cheney has lauded the White House's commitment to "more accountability for corporate officials." But what kind of accountability can we expect when corporations are not only allowed to walk away with little more than a slap on the wrist for defrauding taxpayers but continue to be richly rewarded with government contracts?
Congress is currently considering legislation that will bar the Pentagon and the new Homeland Security Department from doing business with companies that have set up offshore tax-cheat havens since January. Which means that all the corporations that had the foresight to profit early from their disloyalty, depriving the government of $70 billion a year, are A-okay. If something is so wrong on Jan. 1, what made it right on Dec. 31?
We should bar the government from signing contracts with any corporation that has moved offshore to avoid paying U.S. taxes. Period. And we should go further and not enter into any contracts with any company that has been fined for ripping off taxpayers. As the president said last year, you're either with us, or you're against us.
Below are the link and the first pages of the Judicial Watch lawsuit.
The $475,000 amount is explained as is the fact that Cheney is defendant.
What seems most interesting is the fact that this lawsuit has been offered a settlement of $6,000,000 dollars over 10 times the sought amount.
Also check the highlighted section where Halliburton has pled guilty to a FELONY and is a FELON that has paid 1.2 million in fines due to illegally exporting goods to the terrorist nation of Libya in violation of 50 U.S.C. §§ 1702 and 1705, 31 C.F.R. §§ 550.202, 550.208, 550.409, and 18 U.S.C. § 2
Halliburton Resources II
AS THIS STORY UNFOLDS I continue to be amazed that this administration is so arrogant that it fails to keep even an appearance of propriety. The Bush misadministration is so confident that America does not care how much money is funneled to powerful insider contributors that they don't even try to hide the obvious conflict of interest violations constituted by the huge profiteering of the Halliburton Corporation. At 1.3 Billion a month given in IRAQ to private companies like Halliburton the oil is not flowing, the lights are seldom on, and the troops are suffering without basic services while 'confessed felon Halliburton' with a history of ripping off taxpayers and shareholders is allowed unprecedented opportunity to steal from Americans. Do Americans care? Would they if they knew?
Halliburton's Deals Greater Than Thought
Mother Jones July 23, 2003 Issue is featuring a fascinating (and frightening) map of the Halliburton empire. Created by Michael Scherer, this interactive map lets you explore the tax havens, defense-related contracts, and federal energy subsidies in the company's global web consisting of offices in 70 countries and annual revenues of $12.6 billion.
WE do know that Halliburton is making huge amounts of money on no bid taxpayer funded government contracts despite the fact that Halliburton:
1) pled guilty to a felony paid a 1.2 million dollar fine
2) moved ops to overseas tax shelters to avoid millions in taxes
3) over charged taxpayers 2 million dollars on a Fort Ord contract
4) offered to settle fraud lawsuits by stockholders for 6 million dollars.
5) admitted to illegal bribes in Nigeria
6) paid Dick Cheney 40 million dollars
7) is under SEC Investigation for questionable accounting practices.
8) Gives hundreds of thousands in campaign contributions to Republicans only.
Despite these violations of law and trust Dick Cheney's old company is raking in big bucks to make the oil flow.
That has to be worth the blood spilled and the money spent by US Taxpayers and soldiers; OR DOES IT??
This answers the question of why we went to war in IRAQ.
Follow the money and figure out the end result.
The END justifies any reason or means for those who profit on the blood and trust of the American public.
This IS a Deja Vu - Do not adjust your computer screen.
I just cannot believe that NOBODY picked up on this story
because I am outraged - maybe it was the weekend. So it's back on page one.
__________________________________________________________________
_____THE FLAG OF THE UNITED OIL CORPORATIONS OF AMERICA ___
First of the month financial news is always illuminating- if this doesn't PISS YOU OFF nothing will.
Bush Backers cite:
1) The decline in the "new unemployed" although the economy keeps shedding jobs
2) The increase in consumer spending and GDP although the one time 44 Billion dollar defense procurement accounted for that.
But Bush Backers have plenty to cheer about:
The big oil guys are VERY HAPPY: EXXON MOBIL scores big on war ChevronTexaco Profit Soars
ChevronTexaco Corp. CVX.N , the No. 2 U.S. oil company, on Friday said its quarterly profit quadrupled as refining and marketing margins improved and gas and oil prices rose closing the performance gap with more highly valued rivals Exxon Mobil Corp.
Halliburton shareholders and principals are estatic: Work in Iraq benefits Halliburton
Halliburton, the second biggest oilfield service company in the world, yesterday said work in Iraq had boosted revenue as it swung from a loss to record second-quarter net income of $26m, or 6 cents a share, compared with the year-earlier period. The Houston-based company credited the quarter's 11 per cent rise in revenue, to $3.6bn largely to increased activity in its Engineering and Construction Group (ECG) projects, including government services work in the Middle East.
Supporters at ENRON are pleased; Enron untouched in fight against corporate fraud
The Justice Department has proudly boasted of the hundreds of executives its Corporate Fraud Task Force has rounded up since its launch more than a year ago to fight white-collar crime. But the failure to bring charges against top executives at Enron, the signature case of the era, has loomed at least as large as prosecutors' many successes.
And the Defense contractors are already lining up for another trip to the trough in January:
Pentagon goes to Congress as war costs mount
When Lawrence Lindsey, then the White House's chief economic adviser, said in a published interview almost a year ago that he believed that the war in Iraq could cost anywhere from $100bn to $200bn (€88bn-€176bn, £62bn-£124bn), he was quickly admonished by his colleagues in the Bush administration.
How much looting, rape, and pillaging of our Treasury and our resources will it take before we throw these pirates out?
They say it is not about the oil but American Oil Corporations are taking record profits.
They say it is not about Halliburtion but those are the folks who are profiteering
They say it is not about corporate welfare and that privatization of public operations is cost effective but they do not punish the crooks.
They said this war would cost between 50 and 65 billion and it has already cost more with no end in site.
THEY ARE THE LOOTERS, RAPIST, AND PILLAGERS WHO ARE ROBBING US BLIND.
Recent news puts HALLIBURTON in the headlines again: Cheney firm's rival is forced to drop oil bid
HALLIBURTON is Dick Cheney’s company, but there has been so much NEGATIVE information that it is difficult to keep it all in focus.
How did HALLIBURTON become the unrivaled supplier of MILITARY LOGISTICS and winner in the IRAQ OIL Lottery?
___
PART ONE
First the Pentagon under Dick Cheney paid KBR division of HALLIBURTON a total of 8.9 million dollars to produce a classified report detailing how private companies could provide logistic services:
It is astounding that we paid KBR division of HALLIBURTON near 9 million dollars under Defense Sec. Cheney to write the report that resulted in KBR division of HALLIBURTON’S receipt of 2.2 billion dollars for providing the logistics detailed in their own report under Halliburton President Cheney.!!!
In the late 1990’s Ken Starr launched an 80 million dollar investigation of the Clinton’s over a $58,000 failed investment in Whitewater, yet there is little mention of this obvious conflict of interest over massive amounts of money that continue to flow to HALLIBURTON. Perhaps it is because HALLIBURTON gave over $700,000 to candidates in the 2000 election cycle. All of those candidates were Republicans. END PART ONE - Much more to come.
__
CORPORATISM RUN AMOK
These three stories from Corporate Watch have been absent from the mainstream press and they are devastating indictments of the Bush Administrations policies of World Corporatism. Read them carefully.
Halliburton Milks British Nuclear Submarines for Millions
By Solomon Hughes Special to CorpWatch July 25, 2003
ANOTHER HALLIBURTON INVESTIGATION - This one by the British.
Just outside of Plymouth on Britain's south coast are the Devonport royal dockyards, which have maintained ships for the British navy for hundreds of years. For the last three decades these docks have been the home for four nuclear powered "Trident" submarines, each carrying 48 atomic warheads that roam the world's oceans. In 1997 Tony Blair's Labour government sold the docks to Devonport Management Ltd. (DML) -- a consortium led by Brown and Roota division of Halliburton, and contracted the new owners to refuel and refit the nuclear engines, which involves stripping and replacing their radioactive parts once a decade.
Halliburton chief executive officer Dick Cheney took a tour of the dockyards in April 2000. "My general impression is that our British colleagues are far ahead of us in the US in the extent to which they have adopted changes in culture, attitude and style of operation that are required for successful privatization efforts," said Cheney, just months before he quit his job at the company to launch a successful bid to become vice-president of the United States.
Not surprisingly Cheney's new job as vice-president has coincided with a major increase in military privatization in the United States with Halliburton profiting handsomely from contracts to supply US troops around the world from Bosnia to Uzbekistan. Meanwhile Halliburton has allegedly been milking their British colleagues for as much money as they can get. The National Audit Office (NAO) was called in to investigate when Devonport project costs budgeted at $904 million in 1997 increased by over 50% by 2002.
It is simply amazing how much money Cheney has saved Britain and the USA while giving billions to Halliburton.
Halliburton's Deals Greater Than Thought Halliburton, the company formerly headed by Vice President Cheney, has won contracts worth more than $1.7 billion under Operation Iraqi Freedom and stands to make hundreds of millions more dollars under a no-bid contract awarded by the U.S. Army Corps of Engineers, according to newly available documents.THE WORLD ACCORDING TO HALLIBURTON
Mother Jones July 23, 2003 Issue is featuring a fascinating (and frightening) map of the Halliburton empire. Created by Michael Scherer, this interactive map lets you explore the tax havens, defense-related contracts, and federal energy subsidies in the company's global web consisting of offices in 70 countries and annual revenues of $12.6 billion.
Since Dick Cheney took over as CEO of Halliburton in 1995, after serving as secretary of defense during Gulf War I, the company has had tight political connections -- revenues rose 26 percent in his first year. "Federal investigators looking into charges that Halliburton defrauded taxpayers said that company officials "had the upper hand at the Pentagon because they knew the process like the back of their hand."Scherer shows that Halliburton continues to remain well-connected. The tax dollars the company receives -- $2.2 billion in defense-related contracts and generous subsidies for profitable pipeline projects -- "couldn't come at a better time for Halliburton," Scherer states, "its share price has collapsed under the weight of asbestos lawsuits, a federal investigation into its accounting practices, and a drop in oil prices." And Halliburton adds insult to injury to the American people by avoiding paying taxes, Scherer notes. "In 1995, the company had nine subsidiaries in the Cayman Islands, Bermuda, and other countries that serve as tax havens. By 2002, it had 58."HALLIBURTON HAS A STRANGLEHOLD ON THE WORLD'S OIL SUPPLY. What happens if Halliburton decides that parts are 'out of stock' or repair service on the hundreds of oil drilling, transportation, and storage services it provides is currently unavailable? Halliburton is everywhere the oil is in the world. Next time - forget next time - THIS TIME as gasoline prices rise and supplies fall we know who has the power to be the cause. If Halliburton chooses to slow down the oil supply slows down. Time to wake up and smell the crude stench of absolute power America. It is the stench emanating from the undisclosed location of the Vice-President of the United States. Lilith at A Rational Animal has more and this story will tell you how it all started for Halliburton when Cheney was Secretary of Defense and he paid Kellog Brown Root 8.9 million dollars to write a report on how privatization would work for the Military Quartermaster Services and Logistics that resulted in today's feast at the public trough.
WE do know that Halliburton is making huge amounts of money on no bid taxpayer funded government contracts despite the fact that Halliburton:
1) pled guilty to a felony paid a 1.2 million dollar fine
2) moved ops to overseas tax shelters to avoid millions in taxes
3) over charged taxpayers 2 million dollars on a Fort Ord contract
4) offered to settle fraud lawsuits by stockholders for 6 million dollars.
5) admitted to illegal bribes in Nigeria
6) paid Dick Cheney 40 million dollars
7) is under SEC Investigation for questionable accounting practices.
8) Gives hundreds of thousands in campaign contributions to Republicans only.
Despite these violations of law and trust Dick Cheney's old company is raking in big bucks to make the oil flow.
That has to be worth the blood spilled and the money spent by US Taxpayers and soldiers; OR DOES IT??
This answers the question of why we went to war in IRAQ.
Follow the money and figure out the end result.
The END justifies any reason or means for those who profit on the blood and trust of the American public.
This IS a Deja Vu - Do not adjust your computer screen.
I just cannot believe that NOBODY picked up on this story
because I am outraged - maybe it was the weekend. So it's back on page one.
__________________________________________________________________
_____THE FLAG OF THE UNITED OIL CORPORATIONS OF AMERICA ___
First of the month financial news is always illuminating- if this doesn't PISS YOU OFF nothing will.
Bush Backers cite:
1) The decline in the "new unemployed" although the economy keeps shedding jobs
2) The increase in consumer spending and GDP although the one time 44 Billion dollar defense procurement accounted for that.
But Bush Backers have plenty to cheer about:
The big oil guys are VERY HAPPY: EXXON MOBIL scores big on war ChevronTexaco Profit Soars
ChevronTexaco Corp. CVX.N , the No. 2 U.S. oil company, on Friday said its quarterly profit quadrupled as refining and marketing margins improved and gas and oil prices rose closing the performance gap with more highly valued rivals Exxon Mobil Corp.
Halliburton shareholders and principals are estatic: Work in Iraq benefits Halliburton
Halliburton, the second biggest oilfield service company in the world, yesterday said work in Iraq had boosted revenue as it swung from a loss to record second-quarter net income of $26m, or 6 cents a share, compared with the year-earlier period. The Houston-based company credited the quarter's 11 per cent rise in revenue, to $3.6bn largely to increased activity in its Engineering and Construction Group (ECG) projects, including government services work in the Middle East.
Supporters at ENRON are pleased; Enron untouched in fight against corporate fraud
The Justice Department has proudly boasted of the hundreds of executives its Corporate Fraud Task Force has rounded up since its launch more than a year ago to fight white-collar crime. But the failure to bring charges against top executives at Enron, the signature case of the era, has loomed at least as large as prosecutors' many successes.
And the Defense contractors are already lining up for another trip to the trough in January:
Pentagon goes to Congress as war costs mount
When Lawrence Lindsey, then the White House's chief economic adviser, said in a published interview almost a year ago that he believed that the war in Iraq could cost anywhere from $100bn to $200bn (€88bn-€176bn, £62bn-£124bn), he was quickly admonished by his colleagues in the Bush administration.
How much looting, rape, and pillaging of our Treasury and our resources will it take before we throw these pirates out?
They say it is not about the oil but American Oil Corporations are taking record profits.
They say it is not about Halliburtion but those are the folks who are profiteering
They say it is not about corporate welfare and that privatization of public operations is cost effective but they do not punish the crooks.
They said this war would cost between 50 and 65 billion and it has already cost more with no end in site.
THEY ARE THE LOOTERS, RAPIST, AND PILLAGERS WHO ARE ROBBING US BLIND.
Recent news puts HALLIBURTON in the headlines again: Cheney firm's rival is forced to drop oil bid
HALLIBURTON is Dick Cheney’s company, but there has been so much NEGATIVE information that it is difficult to keep it all in focus.
How did HALLIBURTON become the unrivaled supplier of MILITARY LOGISTICS and winner in the IRAQ OIL Lottery?
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PART ONE
First the Pentagon under Dick Cheney paid KBR division of HALLIBURTON a total of 8.9 million dollars to produce a classified report detailing how private companies could provide logistic services:
In 1992, the Pentagon, then headed by Defense Secretary Dick Cheney, paid Brown & Root Services $3.9 million to produce a classified report detailing how private companies could help provide logistics for American troops in potential war zones. Later in 1992, the Pentagon gave Brown & Root an additional $5 million to update the report. Brown & Root (now called Kellogg Brown & Root, or KBR) is a subsidiary of Halliburton Corporation, which Cheney, the U.S. vice president, headed as CEO from 1995 to 2000. Brown & Root was also awarded contracts in 1995 and 1997 to provide logistical support in the Balkans, where the U.S. military has been enforcing the 1995 Dayton Peace accord that ended the war in former Yugoslavia. Those contracts mushroomed to $2.2 billion worth of payments over five years, according to the General Accounting Office, the investigative arm of Congress. Privatizing Combat: The New World Order
It is astounding that we paid KBR division of HALLIBURTON near 9 million dollars under Defense Sec. Cheney to write the report that resulted in KBR division of HALLIBURTON’S receipt of 2.2 billion dollars for providing the logistics detailed in their own report under Halliburton President Cheney.!!!
In the late 1990’s Ken Starr launched an 80 million dollar investigation of the Clinton’s over a $58,000 failed investment in Whitewater, yet there is little mention of this obvious conflict of interest over massive amounts of money that continue to flow to HALLIBURTON. Perhaps it is because HALLIBURTON gave over $700,000 to candidates in the 2000 election cycle. All of those candidates were Republicans. END PART ONE - Much more to come.
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CORPORATISM RUN AMOK
These three stories from Corporate Watch have been absent from the mainstream press and they are devastating indictments of the Bush Administrations policies of World Corporatism. Read them carefully.
Halliburton Milks British Nuclear Submarines for Millions
By Solomon Hughes Special to CorpWatch July 25, 2003
ANOTHER HALLIBURTON INVESTIGATION - This one by the British.
Just outside of Plymouth on Britain's south coast are the Devonport royal dockyards, which have maintained ships for the British navy for hundreds of years. For the last three decades these docks have been the home for four nuclear powered "Trident" submarines, each carrying 48 atomic warheads that roam the world's oceans. In 1997 Tony Blair's Labour government sold the docks to Devonport Management Ltd. (DML) -- a consortium led by Brown and Roota division of Halliburton, and contracted the new owners to refuel and refit the nuclear engines, which involves stripping and replacing their radioactive parts once a decade.
Halliburton chief executive officer Dick Cheney took a tour of the dockyards in April 2000. "My general impression is that our British colleagues are far ahead of us in the US in the extent to which they have adopted changes in culture, attitude and style of operation that are required for successful privatization efforts," said Cheney, just months before he quit his job at the company to launch a successful bid to become vice-president of the United States.
Not surprisingly Cheney's new job as vice-president has coincided with a major increase in military privatization in the United States with Halliburton profiting handsomely from contracts to supply US troops around the world from Bosnia to Uzbekistan. Meanwhile Halliburton has allegedly been milking their British colleagues for as much money as they can get. The National Audit Office (NAO) was called in to investigate when Devonport project costs budgeted at $904 million in 1997 increased by over 50% by 2002.
It is simply amazing how much money Cheney has saved Britain and the USA while giving billions to Halliburton.
9.16.2003
More Halliburton information
JUDICIAL WATCH LAWSUIT IN DALLAS COURT
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF TEXAS DALLAS DIVISION
STEPHEN S. STEPHENS, LYLE LIONBARGER AND DEANNA J. LIONBARGER as trustees for the LW & Deanna J. Lionbarger Family Trust Dated 06/25/96,
Plaintiffs,
v.
HALLIBURTON COMPANY, D/B/A HALLIBURTON ENERGY SERVICES;
RICHARD B. CHENEY;
DAVID J. LESAR;
LAWRENCE S. EAGLEBURGER;
ANDERSEN; ANDERSEN WORLDWIDE; ARTHUR ANDERSEN, LLP;
and DOES 1-20, inclusive,
Defendants.
THE CORPORATE DEFENDANT
9. On information and belief, less than ten years before the filing of this action, on or about July 25, 1995, in United States v. Halliburton Co., U.S.D.C. Criminal Case No. 95-CR-157-ALL (S.D. Texas), Halliburton pled guilty to illegally exporting goods to the terrorist nation of Libya in violation of 50 U.S.C. §§ 1702 and 1705, 31 C.F.R. §§ 550.202, 550.208, 550.409, and 18 U.S.C. § 2, was fined $1.2 million on conviction, and is a convicted felon.
DIRECTOR AND OFFICER DEFENDANTS
10. Defendant Richard B. Cheney (“Cheney”) is currently the Vice-President of the United States, domiciled in the State of Texas or Washington, D.C., a resident of Washington, D.C., and was the Chief Executive Officer of Halliburton from 1995 into 2000. Cheney is sued herein under Texas state law as a direct participant, aider and abettor, and co-conspirator in the fraudulent acts, omissions, and scheme set forth below.
THIS JUST IN
HALLIBURTON OFFERS SIX MILLION DOLLAR SETTLEMENT IN LAWSUIT
Halliburton Co. (HAL) said Friday it has agreed to pay $6 million to settle 20 shareholder lawsuits that accused it of using deceptive accounting practices while Vice President Dick Cheney (search) led the company.
But that is not all.
HALLIBURTON FACES LEGAL INQUIRY IN FRANCE
PARIS, June 2: Halliburton, the US company which has obtained the lion's share of contracts for the re-establishment of petroleum production in Iraq, is at the centre of a French judicial investigation that suspects that the company, and its then chairman, now US Vice-President Richard Cheney, took part in a massive bribery operation over the development in the late 1990s of an LNG field located near Bonny Island, Nigeria. Much pressure is being placed, however, says a judicial source, on the French government to see to it that the French judges quietly put aside the case.
We are MAD as HELL and we're not going to take it anymore.
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF TEXAS DALLAS DIVISION
STEPHEN S. STEPHENS, LYLE LIONBARGER AND DEANNA J. LIONBARGER as trustees for the LW & Deanna J. Lionbarger Family Trust Dated 06/25/96,
Plaintiffs,
v.
HALLIBURTON COMPANY, D/B/A HALLIBURTON ENERGY SERVICES;
RICHARD B. CHENEY;
DAVID J. LESAR;
LAWRENCE S. EAGLEBURGER;
ANDERSEN; ANDERSEN WORLDWIDE; ARTHUR ANDERSEN, LLP;
and DOES 1-20, inclusive,
Defendants.
THE CORPORATE DEFENDANT
9. On information and belief, less than ten years before the filing of this action, on or about July 25, 1995, in United States v. Halliburton Co., U.S.D.C. Criminal Case No. 95-CR-157-ALL (S.D. Texas), Halliburton pled guilty to illegally exporting goods to the terrorist nation of Libya in violation of 50 U.S.C. §§ 1702 and 1705, 31 C.F.R. §§ 550.202, 550.208, 550.409, and 18 U.S.C. § 2, was fined $1.2 million on conviction, and is a convicted felon.
DIRECTOR AND OFFICER DEFENDANTS
10. Defendant Richard B. Cheney (“Cheney”) is currently the Vice-President of the United States, domiciled in the State of Texas or Washington, D.C., a resident of Washington, D.C., and was the Chief Executive Officer of Halliburton from 1995 into 2000. Cheney is sued herein under Texas state law as a direct participant, aider and abettor, and co-conspirator in the fraudulent acts, omissions, and scheme set forth below.
THIS JUST IN
HALLIBURTON OFFERS SIX MILLION DOLLAR SETTLEMENT IN LAWSUIT
Halliburton Co. (HAL) said Friday it has agreed to pay $6 million to settle 20 shareholder lawsuits that accused it of using deceptive accounting practices while Vice President Dick Cheney (search) led the company.
But that is not all.
HALLIBURTON FACES LEGAL INQUIRY IN FRANCE
PARIS, June 2: Halliburton, the US company which has obtained the lion's share of contracts for the re-establishment of petroleum production in Iraq, is at the centre of a French judicial investigation that suspects that the company, and its then chairman, now US Vice-President Richard Cheney, took part in a massive bribery operation over the development in the late 1990s of an LNG field located near Bonny Island, Nigeria. Much pressure is being placed, however, says a judicial source, on the French government to see to it that the French judges quietly put aside the case.
We are MAD as HELL and we're not going to take it anymore.
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