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Makeover Needed: Halliburton "... Prior to his stint in the administration of the 43rd president, It turns out that Cheney's heart beat for Halliburton (NYSE: HAL). In 2004, for example, taxpayers provided Halliburton's KBR subsidiary with $7 billion to provide services in Iraq while it took hundreds of millions of dollars in improper charges. With its 2% profit over costs, the more taxpayer money Halliburton spent, the higher its profits. Fortunately, Halliburton spun off that pesky KBR subsidiary in April 2007.
"But it has other problems. The SEC is investigating Halliburton for paying bribes in Nigeria; its KBR subsidiary did a lousy job replacing bolts on an undersea pipeline that will cost Halliburton up to $220 million; the SEC investigated Halliburton for bogus contract revenue accounting; it settled asbestos litigation; a competitor of Hallburton accuses it of antitrust violations; and it received a $108 million judgment for dumping hazardous waste.
Halliburton needs a good cleaning and if Dick Cheney leaves office in January, it will lose a powerful protector...."
NewYorker Magazine in 2004 "... Vice-President Dick Cheney is well known for his discretion, but his official White House biography, as posted on his Web site, may exceed even his own stringent standards. It traces the sixty-three years from his birth, in Lincoln, Nebraska, in 1941, through college and graduate school, and describes his increasingly powerful jobs in Washington. Yet one chapter of Cheney’s life is missing. The record notes that he has been a “businessman” but fails to mention the five extraordinarily lucrative years that he spent, immediately before becoming Vice-President, as chief executive of Halliburton, the world’s largest oil-and-gas-services company. The conglomerate, which is based in Houston, is now the biggest private contractor for American forces in Iraq; it has received contracts worth some eleven billion dollars for its work there...."
Halliburton, Dick Cheney, and the War Time Spoils "... Cheney, who served as CEO from 1995 to 2000, continues to receive as
much as $1 million a year in deferred compensation as Halliburton
executives enjoy a seat at the table during Administration discussions
over how to handle post-war oil production in Iraq.
The Cheney-Halliburton story is the classic military-industrial revolving door tale. As Secretary of Defense under Bush I, Cheney paid Brown and Root services (now Kellogg Brown and Root) $3.9 million to report on how private companies could help the U.S. Army as Cheney cut hundreds of thousands of Army jobs. Then Brown and Root won a five-year contract to provide logistics for the U.S. Army Corp of Engineers all over the globe. In 1995, Cheney became CEO and Halliburton jumped from 73rd to 18th on the Pentagon's list of top contractors, benefiting from at least $3.8 billion in federal contracts and taxpayer-insured loans, according to the Center for Public Integrity...."
"... the first book to show, in shocking detail, how Halliburton really does business, in Iraq, and around the world. From its vital role as the logistical backbone of the U.S. occupation in Iraq—without Halliburton there could be no war or occupation—to its role in covering up gang-rape amongst its personnel in Baghdad, Halliburton’s Army is a devastating bestiary of corporate malfeasance and political cronyism...."
Cheney Calls Iraq War a Success
Incredible interview from 1994, in which Cheney foretells the disaster that would happen 9 years later with astonishing clarity. How could he be part of something that was so obvious a disaster waiting to happen? And a disaster he obviously was well aware of?
Now we know: Karl Rove "is the co-president of the United States." (And you thought it was Dick Cheney.) "Karl Rove thinks it, and George W. Bush does it," write James Moore and Wayne Slater in Rove Exposed: How Bush's Brain Fooled America, an update of their bestselling Bush's Brain. In the latest attempt to understand the political mastermind who gives liberals the vapors, Moore (a TV news correspondent) and Slater (Austin, Tex., bureau chief for the Dallas Morning News) go through a laundry list of Rove's alleged wrongdoing: that while running a Texas gubernatorial campaign, he may have planted a bug in his own office to cast suspicion on the opposing candidate... that he told Robert Novak that Joseph Wilson's wife, Valerie Plame, worked for the CIA. (Oh wait, that was Official A.)
This bold follow-up to journalists Moore and Slater's bestseller, Bush's Brain, takes a provocative look at how Karl Rove used George Bush's various campaigns and presidency to engineer nothing less than the assertion of a long-term Republican hegemony and the complete dismantling of the Democratic Party. To make their case, they draw on a wide range of materials, including interviews and reportage done by other journalists to demonstrate how Rove mobilized his party's base, forging an unlikely alliance between religious and economic conservatives, while mounting targeted assaults on gays and lesbians, trial lawyers and labor unions.
"Angler" is the code-name used by the Secret Service to refer to V.P. Cheney. "Angler" the book tells the story of V.P. Cheney's role in the Bush administration - from his selection as candidate, his initial moves before even taking office, to his ability to influence decision-making throughout the Bush term, and does this in a calm, credible manner.
Who really wanted this man at the helm of the country, and why did his backers promote him despite his obvious liabilities and limitations? This book goes deep behind the scenes to deliver an arresting new look at George W. Bush, his father George H. W. Bush, their family, and the network of figures in intelligence, the military, finance, and oil who enabled the family’s rise to power. Baker’s exhaustive investigation reveals a remarkable clan whose hermetic secrecy and code of absolute loyalty have concealed a far-reaching role in recent history that transcends the Bush presidencies. Baker offers new insights into lingering mysteries—from the death of John F. Kennedy to Richard Nixon’s downfall in Watergate. Here, too, are insider accounts of the backroom strategizing, and outright deception, that resulted in George W. Bush’s electoral success. Throughout, Baker helps us understand why we have not known these things before.
Cheney in the News
Politico.com Interview: Cheney warns of potential new attacks. "... Former Vice President Dick Cheney warned that there is a “high probability” that terrorists will attempt a catastrophic nuclear or biological attack in coming years, and said he fears the Obama administration’s policies will make it more likely the attempt will succeed...."