Reply #40: Dick Cheney: War Profiteer [View All]

[Octafish]

These guys are the worst.



They are warmongers:

Dick Cheney: War Profiteer

Posted on Friday, November 18 @ 09:38:22 EST
Tom Turnipseed, Common Dreams

Questions persist about Vice-President Cheney's role in the ongoing investigation and scandal swirling about the White House. His chief of staff and confidante Lewis "Scooter" Libby has been indicted for perjury and obstruction of justice. Let's take a look at some personal incentives for Cheney's selling war to our country.

Cheney has pursued a political and corporate career to make himself very rich and powerful. He is the personification of a war profiteer who slid through the revolving door connecting the public and private sectors of the defense establishment on two occasions in a career that has served his relentless quest for power and profits.

As Defense Secretary, Mr. Cheney commissioned a study for the U.S. Department of Defense by Brown and Root Services (now Kellogg, Brown and Root), a wholly owned subsidiary of Halliburton. The study recommended that private firms like Halliburton should take over logistical support programs for U.S. military operations around the world. Just two years after he was Secretary of Defense, Cheney stepped through the revolving door linking the Department of Defense with defense contractors and became CEO of Halliburton. Halliburton was the principal beneficiary of Cheney's privatization efforts for our military's logistical support and Cheney was paid $44 million for five year's work with them before he slipped back through the revolving door of war profiteering to become Vice-President of the United States. When asked about the money he received from Halliburton, Cheney said. "I tell you that the government had absolutely nothing to do with it."

The Bush administration has dished out lucrative reconstruction contracts in Iraq to favored U.S. based corporations including Halliburton and denied contracts to many Iraqi and foreign based companies. To the conquerors go the spoils was the message on December 11, 2003 when Bush said, "The taxpayers understand why it makes sense for countries that risk lives to participate in the contracts in Iraq, It's very simple. Our people risk their lives, friendly coalition folks risk their lives, and therefore the contracting is going to reflect that."

Bush's statement is a stunning admission of how much corrupt corporations control our foreign policy. Under Cheney's leadership Halliburton out did Enron in using offshore subsidiaries as tax shelters to hide profits to bilk U.S. taxpayers. Halliburton also utilized off-shore subsidiaries to contract for services and sell banned equipment to rogue states like Iran, Iraq and Libya. This would be illegal if done directly by Halliburton.

SNIP...

Halliburton has been more closely associated with the invasion of Iraq than any other corporation. Before the Iraq War began, it was 19th on the U.S. Army's list of top contractors and zoomed to number 1 in 2003. In 2003 Halliburton made $4.2 billion from the U.S. government. Cheney stated he had , "severed all my ties with the company, gotten rid of all my financial interest."

SNIP...

Calling on Cheney to sever his financial ties to Halliburton, Lautenberg points out that the company has already raked in more than $10 billion for work in Iraq, and was handed some of the first Katrina contracts. The company has been criticized by auditors for its handling of no-bid contacts in Iraq, and there have been numerous allegations of over charging for services. Auditors found the firm marked up meal prices for troops and inflated gas prices in a deal with a Kuwaiti supplier. The company also built the American prison at Guantanamo Bay. Lautenberg said, "It is unseemly for the Vice President to continue to benefit from this company at the same time his Administration funnels billions of dollars to it."

CONTINUED...

Source: Common Dreams
http://www.commondreams.org/views05/1117-22.htm

Thanks for the kind words, wildbilln864. Thanks also for all you do to spread the word on these bedwetting merchants of death.