| http://www.warprofiteers.com/article.php?list=type&type=15
"This company truly has a guardian angel: former Halliburton CEO and now Vice President Dick Cheney who looks out for its interests from the White House. The result? $8 billion in contracts “rebuilding” Iraq in 2004."
It seems to me that even after a federal investigation cleared Dick Cheny of any wrong doings, some people are still misguided to believe that Cheny has used his influence as vice president to award Halliburton a contract to rebuild Iraq. Here are the FACTS:
FINANCIAL INTRESTS:
1) Many opponents accused Cheny of receiving $2 million dollars from Halliburton for helping to award them the contract. The two million dollar figure first of all is wrong. two pay statements dated 1/2/2001 and 1/18/2001 shows that he received only $1,598,966. All this wa paid BEFORE he took office on 1/20/2001. Halliburton's record show that the approximate 1.6 million dollars paid out to Cheny was his earned salary in 1999 but which he choose to receive over an installment of over 5 years. he has received his last check in 2004.
2) war profitters claim that he has gained financially through his stocks which amount to $10 million dollars. Documents show that BEFORE he took office on 1/20/2001, two days before, he turned over his entire stock to 3 charaties: University of Wyomingm, George Washington University's medical faculty, and Capital Partners for Education. An agreement signed states that it is "irrevocable and may not be terminated, waived or amended,". Basically Cheny cannot seek to take back his stocks. this proves that by awarding Halliburton the contracts, he has nothing to gain financially.
NO CONTEST CONTRACT
1) this is simple. Halliburton was the only company capable of amassing enough workforce and resources to actually get the reconstruction underway in Iraq. therefore, the no-bid contract is justified.
if you have any arguements, i'll love to hear them.
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