Author Topic: Cheney coordinated a huge Halliburton government contract for Iraq  (Read 482 times)

Offline StabbyTheIcePic

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WASHINGTON (AFP) - A Pentagon (news - web sites) e-mail said Vice President Dick Cheney (news - web sites) coordinated a huge Halliburton government contract for Iraq (news - web sites), despite Cheney's denial of interest in the company he ran until 2000.


The March 5, 2003 e-mail, from an Army Corps of Engineers official, said that top Pentagon official Douglas Feith got the job of shepherding the contract, according to the newsweekly Time that hits newsstands Monday.


Feith had approved the multi-billion-dollar deal "contingent on informing WH (the White House) tomorrow. We anticipate no issues since action has been coordinated w(ith) VP's (vice president's) office," said the e-mail obtained by Time.


The newsweekly said it was three days later that Halliburton won the contract, although no other bids had been submitted.


"As vice president, I have absolutely no influence of, involvement of, knowledge of in any way, shape or form of contracts led by the Corps of Engineers or anybody else in the federal government," Cheney told NBC's "Meet the Press" in September, Time said.


Cheney had been Halliburton's CEO until 2000, when he accepted the vice presidential spot.


Halliburton's current CEO Dave Lesar told Time, "There are very few companies in the world that could or would adapt this quickly while, at the same time, (financing) an operation of this magnitude."


However, Halliburton was not up to the job, Lesar admitted.


"Our control system was not ready for the surge of activity," he told the New York-based weekly.


Under Secretary of Defense for Policy Douglas Feith was handed the job of coordinating the contract by his boss, Deputy Secretary of Defense Paul Wolfowitz, Time said.


Feith, Wolfowitz and Cheney, along with Secretary of Defense Donald Rumsfeld and Cheney's Chief of Staff Lewis "Scooter" Libby, form the core of Bush administration "hawks" who pushed for the war in Iraq.



http://story.news.yahoo.com/news?tmpl=story&cid=1503&ncid=1503&e=2&u=/afp/20040530/ts_afp/us_iraq_halliburton_040530173749

and because people always post the spin he has no $$ interest in Halliburton

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 report by the Congressional Research Service undermines Vice President Dick Cheney's denial of a continuing relationship with Halliburton Co., the energy company he once led, Sen. Frank Lautenberg said Thursday.

The report says a public official's unexercised stock options and deferred salary fall within the definition of "retained ties" to his former company.

Cheney said Sunday on NBC that since becoming vice president, "I've severed all my ties with the company, gotten rid of all my financial interest. I have no financial interest in Halliburton of any kind and haven't had, now, for over three years."

Democrats pointed out that Cheney receives deferred compensation from Halliburton under an arrangement he made in 1998, and also retains stock options. He has pledged to give after-tax proceeds of the stock options to charity.

Cheney's aides defended the assertion on NBC, saying the financial arrangements do not constitute a tie to the company's business performance. They pointed out that Cheney took out a $15,000 insurance policy so he would collect the deferred payments over five years whether or not Halliburton remains in business.

Lautenberg, D-N.J., asked the Congressional Research Service to weigh in.
Without naming Cheney or Halliburton, the service reported that unexercised stock options and deferred salary "are among those benefits described by the Office of Government Ethics as 'retained ties' or 'linkages' to one's former employer."

Lautenberg said the report makes clear that Cheney does still have financial ties to Halliburton. "I ask the vice president to stop dodging the issue with legalese," Lautenberg said.

Cathie Martin, Cheney's spokeswoman, said the question is whether Cheney has any possible conflict of interest with Halliburton, "and the answer to that is, no."

Cheney was chief executive officer of Halliburton from 1995 through August 2000. The company's KBR subsidiary is the main government contractor working to restore Iraq's oil industry in an open-ended contract that was awarded without competitive bidding.

According to Cheney's 2001 financial disclosure report, the vice president's Halliburton benefits include three batches of stock options comprising 433,333 shares. He also has a 401(k) retirement account valued at between $1,001 and $15,000 dollars.

His deferred compensation account was valued at between $500,000 and $1 million, and generated income of $50,000 to $100,000.

In 2002, Cheney's total assets were valued at between $19.1 million and $86.4 million.

Earlier this month, a federal judge dismissed a lawsuit that accused Halliburton and Cheney of misleading investors by changing the way the company counted revenue from construction projects.

The lawsuit was filed last year by Judicial Watch, a conservative public interest group, on behalf of three small investors, who said the company tried to polish financial results by booking revenue on cost overruns before it was certain of getting paid.

Halliburton has contracts worth more than $1.7 billion for its work in Iraq, and it could make hundreds of millions more from a no-bid contract it was awarded by the Army Corps of Engineers, The Washington Post has reported.

According to The Post, while Cheney was defense secretary the Pentagon chose Halliburton subsidiary Brown & Root to study the cost effectiveness of outsourcing some military operations to private contractors. Based on the results of the study, the Pentagon hired Brown & Root to implement an outsourcing plan. Cheney became Halliburton CEO in 1995.

İMMIII, CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.

http://www.cbsnews.com/stories/2003/09/26/politics/main575356.shtml

Offline Saurdaukar

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #1 on: May 30, 2004, 02:11:19 PM »
Ok.

Offline Martlet

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #2 on: May 30, 2004, 02:18:20 PM »
YAY?

Offline Sandman

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #3 on: May 30, 2004, 02:34:51 PM »
There's no way that this could be a bigger scandal than Whitewater. It's just not possible. ;)
sand

Offline Captain Virgil Hilts

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #4 on: May 30, 2004, 02:52:53 PM »
Just so all of you know this, Haliburton was awarded a multitude of no bid contracts by GASP!!!  the Clinton/Gore administration.

See what you don't WANT to realize is the Haliburton is likely the most qualified company of its type in the WORLD. They've worked with the government and the military in particular for a long long time, in high risk operations, with security as a priority.

They worked on the same basis with the previous administration as well as the current administration. But don't let the facts get in the way of your blind hatefilled vendetta.
"I haven't seen Berlin yet, from the ground or the air, and I plan on doing both, BEFORE the war is over."

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Offline rpm

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #5 on: May 30, 2004, 03:53:31 PM »
If Cheney were a Democrat, the NeoCon's would be turning him on a spit. There would be special procecutors, congressional hearings and smurfy women with phone recordings of private conversations. But he's not, so he must be a war hero instead.
My mind is a raging torrent, flooded with rivulets of thought cascading into a waterfall of creative alternatives.
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Offline Saurdaukar

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #6 on: May 30, 2004, 04:09:29 PM »
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Originally posted by rpm371
If Cheney were a Democrat, the NeoCon's would be turning him on a spit. There would be special procecutors, congressional hearings and smurfy women with phone recordings of private conversations. But he's not, so he must be a war hero instead.


SQEEEEAAAAALLLLL!!!!!!

Offline Otto

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #7 on: May 30, 2004, 05:23:02 PM »
Is Halliburton listed on the NYSE?   If so, does anyone know their symbol?

Offline Gunslinger

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #8 on: May 30, 2004, 05:32:16 PM »
OMG STOPP THE PRESS!!!!! HALIBURTON WON A CONTRACT THAT NO ONE ELSE BID ON.....OMG NOW THAT'S NEWS

No Seriously.....those scoundrles......HOW DARE THEY.....this is outragious....seriously.....I cannot believe our VP would help a company win a contract that no one else bid on.....SHOCKING..


Quote

If Cheney were a Democrat, the NeoCon's would be turning him on a spit. There would be special procecutors, congressional hearings and smurfy women with phone recordings of private conversations. But he's not, so he must be a war hero instead.


Yes and if Cheny was a democrat this article would never have been written because this is not news

Offline StabbyTheIcePic

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #9 on: May 30, 2004, 05:54:14 PM »
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Originally posted by Gunslinger
OMG STOPP THE PRESS!!!!! HALIBURTON WON A CONTRACT THAT NO ONE ELSE BID ON.....OMG NOW THAT'S NEWS




 


Do you even know what conflict of interest is?

Offline Martlet

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #10 on: May 30, 2004, 05:57:59 PM »
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Originally posted by StabbyTheIcePic
Do you even know what conflict of interest is?


So the best  company for the job shouldn't get it because the libs might get mad?

Offline Gunslinger

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #11 on: May 30, 2004, 05:59:47 PM »
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Originally posted by Martlet
So the best  company for the job shouldn't get it because the libs might get mad?


No martlet.  We cant have the only company bidding on a contract to win because it may be associated w/ the VP.  THIS IS BIG NEWS!

Offline wklink

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #12 on: May 30, 2004, 06:06:03 PM »
Quote
Originally posted by Captain Virgil Hilts
Just so all of you know this, Haliburton was awarded a multitude of no bid contracts by GASP!!!  the Clinton/Gore administration.

See what you don't WANT to realize is the Haliburton is likely the most qualified company of its type in the WORLD. They've worked with the government and the military in particular for a long long time, in high risk operations, with security as a priority.

They worked on the same basis with the previous administration as well as the current administration. But don't let the facts get in the way of your blind hatefilled vendetta.


When I was in Kuwait (a year ago) we had Kellogg Brown and Root (KBR) taking care of most of the service support we needed (food, laundry facilities, generators, AC for the sleep tents, etc).  KBR is a subsidiary of Halliburton.  

While not perfect, they did a pretty good job of trying to help us whatever and whenever they could.  If a generator went down (which was often, they didn't like 135 degree heat) they would be there right away to attempt repairs.  Our clothes were cleaned pretty well (we only had two uniforms, the turn around was less than two days-really good for us).  

One of the things that really impressed me about KBR was the food service.  After the 'major combat' portion of the war was over and the SCUDS stopped falling on our camp they went all out to improve the food at the place.  I remember nights when we got steaks, shrimp, lobster tail, they tried to make the food as palatable as they could, they brought in non-alcoholic beer for the troops, and the ice cream bar they set up would have given Baskin Robbins a run for its money.  

Any soldier will tell you that one of biggest morale pick me ups is decent food and KBR did an outstanding job trying to keep us well fed.

Funny thing happened.  All this whinning about Haliburton and KBR caused the Government to change contractors for sevices on Camp Wolf (and other places I have been told).  The food quality dropped right into the toilet, as did the laundry point, the support for our AC and generators and everything else.  As far as I know the money spent was identical.  

Strange though, the soldiers ended up suffering over all this infighting.  Now whom should I blame?  I don't blame Dick Cheney.  As far as I was concerned he did the soldiers a favor by working for Halliburton  We got decent service and we appreciated it.
« Last Edit: May 30, 2004, 06:16:26 PM by wklink »
The artist formerly known as Tom 'Wklink' Cofield

Offline StabbyTheIcePic

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #13 on: May 30, 2004, 06:14:14 PM »
Quote
Originally posted by wklink
they brought in non-alcoholic beer  


SAVAGES!

Offline Gunslinger

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Cheney coordinated a huge Halliburton government contract for Iraq
« Reply #14 on: May 30, 2004, 06:18:18 PM »
wlink

We cant have our troops eating good chow and being taken care of if our VP has a conflict of intrest w/ the ONLY company bidding on a contract.  That just wouldnt be right now would it.

how dare they win by default and take care of our troops.