An eerie parallel to what's happening today...
All Things Considered, December 24, 2003 · Current criticism over Halliburton's lucrative Iraq contracts has some historians drawing parallels to a similar controversy involving the company during Lyndon B. Johnson's administration.
Nearly 40 years ago, Halliburton faced almost identical charges over its work for the U.S. government in Vietnam -- allegations of overcharging, sweetheart contracts from the White House and war profiteering. Back then, the company's close ties to President Johnson became a liability. Today -- as NPR's John Burnett reports in the last of a three-part series -- Halliburton seems to be distancing itself from its former chief executive officer, Vice President Dick Cheney.
The story of Halliburton's ties to the White House dates back to the 1940s, when a Texas firm called Brown & Root constructed a massive dam project near Austin. The company's founders, Herman and George Brown, won the contract to build Mansfield Dam thanks to the efforts of Johnson, who was then a Texas congressman.
After Johnson took over the Oval Office, Brown & Root won contracts for huge construction projects for the federal government. By the mid-1960s, newspaper columnists and the Republican minority in Congress began to suggest that the company's good luck was tied to its sizable contributions to Johnson's political campaign.NPRI have read that JFK was assassinated by the Military-Industrial Complex because he was intending to withdraw from Vietnam, but I never knew about the close relationship of LBJ with the MIC. Very similar to the relationship of Dick Cheney to Halliburton...