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Cheney's Boundless Iraq Profiteering

 
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shawa
CNO


Joined: 03 Sep 2004
Posts: 2004

PostPosted: Sat Jul 30, 2005 8:43 pm    Post subject: Cheney's Boundless Iraq Profiteering Reply with quote

Sheesh! I thought this idiotic fallacy had been laid to rest. But obviously the Australian twit who authored this article has never bothered to educate himself to the facts. (Or rather, like all the loony left, he just
can't let the facts get in the way of his Cheney hatred)!!

www.theage.com.au

Quote:
Cheney's Boundless Iraq Profiteering
The Age
July 31, 2005

Things are going well in Iraq for the invaders. Well, at least for some people, such as US Vice-President Richard Cheney. He is receiving more than $US1 million ($A1.3 million) a year from Halliburton, the company of which he was CEO from 1995 to 2000, in "deferred remuneration" while he is VP. He is worth every penny.

Last week, two Democrat senators and a house member wrote to Secretary of Defence Donald Rumsfeld asking if he knew about Halliburton's latest money-making dodge in Iraq. Keep in mind that Halliburton and its subsidiary, Kellogg Brown and Root, have a nice little earner going in supplying support for the US Army and for, ostensibly, putting out oil well fires. The Centre for Public Integrity in Washington counts Halliburton's windfall at more than $US10 billion - a little bit coming from the US Treasury but most coming from Iraqi oil revenue that is supposed to be used to reconstruct the country for the benefit of the people. The centre counts another 30 members of the Defence Policy Board with ties to American companies with $US76 billion (as of 2002) in largely uncontested and un-auditable military contracts.

Advertisement
AdvertisementThe Democrats reckon that Halliburton may have overstepped even its sloppy moral line by making life impossible for another American company that has committed the crime of undercutting the Vice-President's company.

In their letter to Rumsfeld, the Democrats say that US company Lloyd-Owen International is being prevented from delivering fuel to Iraq from Kuwait (Who says the liberation hasn't been a success? What next? Ice to the Inuit?) by forcing LOI trucks to use a civilian crossing where the checks are so slow that the company can't get its 140 trucks a day through. The speedy, wave-'em-through military crossing is controlled by who? The Iraqi military? The US military? Nope, by the Vice-President's firm, which is also in the fuel delivery business.

The Democrats say that the LOI crime is delivering fuel to Iraq for 18 US cents a gallon while Halliburton provides the same service at $US1.30 a gallon. The LOI spokesman says he could understand if Halliburton simply doubled the price, to 36 US cents a gallon. But at $US1.30 a gallon even a Texas carpetbagger should blush.

Halliburton has a $US2.5 billion contract for managing the fuel distribution system in Iraq. The man from LOI says that "we have not, to date, seen a functioning KBR (Kellogg Brown and Root) piece of equipment to where we deliver". He also says that his chaps have only come across one KBR employee at these sites.

LOI needed Defence Department ID cards to make its deliveries and, in order to get them from - you guessed it - Halliburton, they had to make a delivery for Mr Cheney of construction material to Fallujah last month. The convoy was attacked and three men were killed and seven injured. KBR staff were ordered not to provide any assistance to the injured. "Many people volunteered to help, but were told not to by our management," according to a Halliburton employee. Presumably the convoy crew were a bunch of mercenaries, in Iraq to make a buck.

As George the Smaller told an audience at the West Point and Virginia Military Institute, America is "the single surviving model of human progress".


Such a load of garbage. Cheney earned this money years ago as executive of Halliburton. It is a deferred income plan (his pension) which was set up as a fixed amount he would receive regardless of current profits (or losses) of Haliburton. Dick Cheney gave up millions in order to serve his country as VP. But I guess LIARS like this guy can always find an audience who will swallow this BS!!
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“I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. ‘Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death.” (Thomas Paine, 1776)
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msindependent
Vice Admiral


Joined: 26 Aug 2004
Posts: 891
Location: Colorado

PostPosted: Sat Jul 30, 2005 9:40 pm    Post subject: Reply with quote

i didn't get pass the first sentence because he called us invaders. this person is the enemy.
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GM Strong
Master Chief Petty Officer of the Navy


Joined: 18 Sep 2004
Posts: 1579
Location: Penna

PostPosted: Sat Jul 30, 2005 9:59 pm    Post subject: Reply with quote

I found the office location of these guys. Just thought you ought to know.



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Last edited by GM Strong on Sun Jul 31, 2005 12:27 am; edited 1 time in total
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gmez2001
PO3


Joined: 17 Aug 2004
Posts: 274

PostPosted: Sat Jul 30, 2005 11:58 pm    Post subject: I've read Reply with quote

Untold story:

I've read that Dick Cheney has insured his retirement pay and put all stock options in a blind charitable trust before he ran for VP. Moreover,we are very lucky to have this company working for us in Iraq finding people to drive essentially bombs from Kuwait to Baghdad filled with gasoline. I understand there's only one other company in the world doing this type of work with extinquishing oil fires, feeding the troops and it's based in France. Hasn't France and the UN made enough money off the 'oil for food program'. Rolling Eyes Rolling Eyes
I understand these people make 125k a year dodging bullets,RPG and granades........UNDERPAID Shocked Shocked

Also,Halliburton's profitability last quarter a mere .7%.

We're lucky to have this company in our corner!!!!!!!!
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