AP: DOD warned about Halliburton contracts

[JoFerret]

http://story.news.yahoo.com/news?tmpl=story&cid=694&ncid=716&e=7&u=/ap/20041030/ap_on_el_pr/halliburton

WASHINGTON - The Pentagon (news - web sites) extended a Halliburton Co. contract for 11 months beyond its expiration despite warnings that the company was "out of control" in its work providing troop support in the Balkans, government memos showed.

"There is little or no incentive for the contractor to reduce or keep cost down," senior Army contracting officer Bunnatine Greenhouse wrote her bosses in January 2002 after a review of Halliburton's performance.

Nearly three years later, Greenhouse wrote her superior this month that it was inappropriate for the government to extend the $2 billion contract for Vice President Dick Cheney (news - web sites)'s former company.

Greenhouse complained to Lt. Gen. Carl Strock, commander of the Army Corps of Engineers, that the Corps should not have halted plans to let companies compete for a successor Balkans contract. She is the agency's top contracting officer.

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[EmperorHasNoClothes]

1. Cheney always talks about how he doesn't benefit from Halliburton now

but what about when he leaves office? Does anyone believe he doesn't have a sweet position waiting for him there the moment he is no longer veep?

This is cronyism at it's worst.

[Hamlette]

2. cronyism? Call it what it is. War profiteering. Used to be dishonorable

I can't believe people are not calling this what it is. To be called a war profiteer in ANY other war was the worst thing imaginable.

I've never heard one person call it that in public. Shame.

[kysrsoze]

3. Yeah, doesn't benefit, my ass.

You're exactly right. I'm sure if his ticker keeps going (which it undoubtedly will since evil people always seem to live to long), I'm sure he'll go right back to some B.S. consultancy thing for exhorbitant cash. The fucker's still drawing a paycheck from them right now. Isn't it obvious to people?

[DELUSIONAL]

6. heart transplant? Just thinking ahead.

Should be interesting to watch --

Waiting list -- jumped

Other related issues -- hummmmm.

The guy does not plan to die.

I know people with his condition and they knew they were living on borrowed time. Pisses me off that that they are gone and he as the power behind the throne -- 100,000+ Iraqis die and 1,100+

The guy does not plan to die.

But then Mike Malloy calls him the undead -- Cheney is 600 years old.

[kokomo]

4. He's got millions of Halliburton stocks in his blind trust.

[Jackpine Radical]

7. Oh, but he DOES benefit.

IIRC he holds a lot of Halliburton stock options. I mean a LOT of options. That means that the higher the stocks are when he exercises the options at some future date, the more he makes. Therefore anything he does that inflates Hal stock profits him. Mightily.

[Jackpine Radical]

8. Yup. Here it is.

http://www.americanprogress.org/site/pp.asp?c=biJRJ8OVF&b=23898

Vice President Dick Cheney continues to say that he has no ties to Halliburton since joining the GOP ticket in 2000. He also promised to clear himself from any conflict of interest should he become Vice President. In each of his claims, the facts tell a very different story.

CLAIM: “But what I'll have to do, assuming we're successful , is divest myself, that is, sell any remaining shares that I have in the company.”
– Dick Cheney, 7/30/00

FACT: A congressional report found that Cheney still owns “more than 433,000 Halliburton stock options,” including “100,000 shares at $54.50 per share, 33,333 shares at $28.125 and 300,000 shares at $39.50 per share.”
– CNN, 9/25/03

[Melodybe]

5. This week just keeps getting worse and worse for them, even if they have

Osama Bush is toast!

[IndianaGreen]

9. Halliburton is not the only scandal in the Pentagon

There are other activities by Rumsfeld & Co that are under investigation, such as misappropriation on moneys earmarked for Afghanistan that DODIG is looking into.

You might be surprised as to how many military and DOD personnel will be voting for Kerry on Tuesday just to get rid of Rumsfeld and his merry band of neocons.