Cheney linked to Halliburton contract

[BarneyFife]

More corruption. What a shocker.

Link

 

[conjur]

I'm soo.......not surprised.

 

[halik]

oh surprise surprise...

 

[DealMonkey]

WASHINGTON (AFP) - A Pentagon e-mail said Vice President Dick Cheney coordinated a huge Halliburton government contract for Iraq, 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.

Oh man, where's Cad, Alchemize and Corn who probably can't wait to apologize and/or generate lame excuses for this one?!?

 

[Tab]

How is this a bad thing exactly? So what? Who cares? The more companies that are fixing Iraq the better.

 

[FelixDeCat]

Stupid misinterpreted email. Who cares.

People make mountains out of molehills for political hay. Big surprise there.

 

[DealMonkey]

Originally posted by: Tabb
How is this a bad thing exactly? So what? Who cares? The more companies that are fixing Iraq the better.

Hmmmm, perhaps because yet another member of the administration lied. Of course, you don't get that do you? Nothing to see here, right? Just move along . . .

 

[CanOWorms]

i've been told that Cheney is almost worshipped at some of Halliburton's facilities

 

[Pepsei]

Standard reply would be

1, before the newsbreak, "Cheney says there's no link, so there isn't one, I belive him"

2, after, "er, so what? who cares? big deal"

 

[Vadatajs]

Originally posted by: DealMonkey

Originally posted by: Tabb
How is this a bad thing exactly? So what? Who cares? The more companies that are fixing Iraq the better.

Hmmmm, perhaps because yet another member of the administration lied. Of course, you don't get that do you? Nothing to see here, right? Just move along . . .

Not only that, but they really should have waited for other bids before granting Halliburton a cost+ contract. Other companies could have placed lower bids.

BTW. Cheney is still drawing a salary from Halliburton if I'm not mistaken.

 

[Phokus]

Originally posted by: Vadatajs

Originally posted by: DealMonkey

Originally posted by: Tabb
How is this a bad thing exactly? So what? Who cares? The more companies that are fixing Iraq the better.

Hmmmm, perhaps because yet another member of the administration lied. Of course, you don't get that do you? Nothing to see here, right? Just move along . . .

Not only that, but they really should have waited for other bids before granting Halliburton a cost+ contract. Other companies could have placed lower bids.

BTW. Cheney is still drawing a salary from Halliburton if I'm not mistaken.

You're not mistaken:

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


"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."

 

[FelixDeCat]

Originally posted by: Phokus

Originally posted by: Vadatajs

Originally posted by: DealMonkey

Originally posted by: Tabb
How is this a bad thing exactly? So what? Who cares? The more companies that are fixing Iraq the better.

Hmmmm, perhaps because yet another member of the administration lied. Of course, you don't get that do you? Nothing to see here, right? Just move along . . .

Not only that, but they really should have waited for other bids before granting Halliburton a cost+ contract. Other companies could have placed lower bids.

BTW. Cheney is still drawing a salary from Halliburton if I'm not mistaken.

You're not mistaken:

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


"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."

You are quite mistaken. If you left a job and take your 401k w/you are you still earning a DIRECT salary? No. And, you quoted 2001. This is 2004. Get with the program already.

 

[AcidicFury]

I'm not surprised at all. My uncle works for ITT, another big military consultant, and he said that there was pressure from the government for his company to not press for an Iraqi contract.

 

[alchemize]

Originally posted by: DealMonkey

WASHINGTON (AFP) - A Pentagon e-mail said Vice President Dick Cheney coordinated a huge Halliburton government contract for Iraq, 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.

Oh man, where's Cad, Alchemize and Corn who probably can't wait to apologize and/or generate lame excuses for this one?!?

I guess we'd have to wait and see, since it shows, thanks to your bolding, the word "office". Is the VP's office supposed to pretend haliburton doesn't exist? Are all his staffers supposed to cover their ears and start saying "la la la" when the H-word is mentioned?

Keep digging, this isn't much. Well, it is a good example of bad reporting.

 

[Phokus]

Originally posted by: FelixDeKat

Originally posted by: Phokus

Originally posted by: Vadatajs

Originally posted by: DealMonkey

Originally posted by: Tabb
How is this a bad thing exactly? So what? Who cares? The more companies that are fixing Iraq the better.

Hmmmm, perhaps because yet another member of the administration lied. Of course, you don't get that do you? Nothing to see here, right? Just move along . . .

Not only that, but they really should have waited for other bids before granting Halliburton a cost+ contract. Other companies could have placed lower bids.

BTW. Cheney is still drawing a salary from Halliburton if I'm not mistaken.

You're not mistaken:

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


"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."

You are quite mistaken. If you left a job and take your 401k w/you are you still earning a DIRECT salary? No. And, you quoted 2001. This is 2004. Get with the program already.

Show me the report where cheney divested himself from the 433,333 shares of stock options.

 

[alchemize]

Show me the report where cheney divested himself from the 433,333 shares of stock options.

It's been posted, ad naseum. It's in a charitable trust that he can't touch. Go look it up yourself.

 

[Hayabusa Rider]

Originally posted by: alchemize

Show me the report where cheney divested himself from the 433,333 shares of stock options.

It's been posted, ad naseum. It's in a charitable trust that he can't touch. Go look it up yourself.

Which means he never benefits from it?

Edit: "It" means his relationship with Haliburton.

 

[Phokus]

Originally posted by: alchemize

Show me the report where cheney divested himself from the 433,333 shares of stock options.

It's been posted, ad naseum. It's in a charitable trust that he can't touch. Go look it up yourself.

What 'charity' is this going to? Plus, trusts can have provisions that allow the person that funds the trusts to withdraw some or all of the assets from the trust.

 

[alchemize]

Originally posted by: WinstonSmith

Originally posted by: alchemize

Show me the report where cheney divested himself from the 433,333 shares of stock options.

It's been posted, ad naseum. It's in a charitable trust that he can't touch. Go look it up yourself.

Which means he never benefits from it?

Edit: "It" means his relationship with Haliburton.

I don't know what you are asking. If Haliburton stock goes up, more money goes to the charity. If it goes down or goes bankrupt, less does. Are you familiar with the concept of a blind trust? There is a trustee(s) that makes the decision on when/if to sell the options.

 

[alchemize]

Originally posted by: Phokus

Originally posted by: alchemize

Show me the report where cheney divested himself from the 433,333 shares of stock options.

It's been posted, ad naseum. It's in a charitable trust that he can't touch. Go look it up yourself.

What 'charity' is this going to? Plus, trusts can have provisions that allow the person that funds the trusts to withdraw some or all of the assets from the trust.

Well, you know Phokus, I haven't read the legal documents. Why don't you head off and do some investigative reporting. There's some GREAT websites that will tell you all about it. :roll:

The only things I've seen is 1) It's a blind trust 2) his aide stated "irrevocably". A pretty clear term.

Personally, I have the feeling that if Cheney wanted to get rich(er), he could find other ways to do it than starting a war so he could make a few bucks off of stock options that are held in trust.

 

[Gaard]

If this is true, it's just another example of the lying and corruption surrounding this admin.

 

[DealMonkey]

Don't play stupid Alchemize. Cheney lied. He said, and I quote:

"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.

Yet, now we're seeing the exact opposite is true. Which is that Dick Cheney either personally or via his own office, coordinated a huge no-bid Halliburton government contract for Iraq.

 

[DealMonkey]

Furthermore, this is old news but it bears repeating:

A Congressional Research Service report released Thursday concluded that federal ethics laws treat Vice President Cheney's annual deferred-compensation checks and unexercised stock options as continuing financial interests in the Halliburton Co.

And also:

Cheney received deferred compensation of $147,579 in 2001 and $162,392 in 2002, with the payments scheduled to continue for three more years.

In response, Cheney's office said he had purchased an insurance policy so he would be paid even if Halliburton failed. And his office also has announced he has agreed to donate the after-tax proceeds from his stock options to three charities.

But the congressional report said that neither the insurance policy nor the charity designation would change a public official's obligation to treat the pay and options as ties to a private corporation.

So Cheney has agreed to donate. That sounds like a gentlemen's deal, sealed with a handshake. Pistol wink y'all.



Source

 

[FelixDeCat]

Originally posted by: DealMonkey
Don't play stupid Alchemize. Cheney lied. He said, and I quote:

"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.

Yet, now we're seeing the exact opposite is true. Which is that Dick Cheney either personally or via his own office, coordinated a huge no-bid Halliburton government contract for Iraq.

dealmonkey you are jumping to conclusions, some idiot wrote a poorly worded email and you are jumping to conclusions. you are perpetrating a lie based on those conclusions.

 

[Gaard]

Originally posted by: FelixDeKat

Originally posted by: DealMonkey
Don't play stupid Alchemize. Cheney lied. He said, and I quote:

"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.

Yet, now we're seeing the exact opposite is true. Which is that Dick Cheney either personally or via his own office, coordinated a huge no-bid Halliburton government contract for Iraq.

dealmonkey you are jumping to conclusions, some idiot wrote a poorly worded email and you are jumping to conclusions. you are perpetrating a lie based on those conclusions.

some idiot? Why do you say this?