Document Reveals Mr. Bush Took Aim at Iraqi Oil Before the 2000 Election

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conjur

No Lifer
Jun 7, 2001
58,686
3
0
Originally posted by: CycloWizard
Originally posted by: Infohawk
Yeah, unless you don't mind being lied to. Remember the WMDs? Turns out it wasn't about that. ;)
I went out and bought the book "The Politics of Truth" by Joseph Wilson. I'm very interested in seeing what he has to say, especially since the book was on sale. :p

Seriously, does anyone have any info on Bush/Cheney holdings in the oil market?
Found this, so far:

http://www.consortiumnews.com/2000/082000a2.html
Under the Halliburton deal, Cheney retained 400,000 unvested stock options that will ?vest? in batches over the next three years. That means their value depends on Halliburton?s stock price at the time the vested options are exercised. Unlike other holdings, unvested options cannot effectively be put in a blind trust since a trustee cannot do anything with them until after they vest, ethics expert note. In other words, Cheney will be aware that his personal wealth will rise and fall along along with Halliburton's stock prices.

http://www.rense.com/general29/dbus.htm
Messrs Bush, Cheney and friends have either sold their stock holdings or put them in a blind trust, meaning personal gain is off the agenda. But gain for their friends and family may well be a by-product of the looming war against Iraq.


http://www.fool.com/News/Take/2003/take030325.htm
Halliburton is the first of many U.S. corporations that will surely be asked to help, and profit from, the rebuilding of Iraq. It is an especially auspicious first awardee, however, because Dick Cheney was CEO of Halliburton until 2000. Upon entering the vice president's office, Cheney divested himself of his holdings, although he reportedly still receives about $1 million a year in compensation from the company.
 

CycloWizard

Lifer
Sep 10, 2001
12,348
1
81
Originally posted by: conjur
Originally posted by: alchemize
Well you <lame insult snipped>, same policy every president has carried forward, including clinton.
And Clinton invaded which country again?
He was too busy getting his socks blown to do much of anything during his presidency.

Thanks for the links, conjur. I guess it is possible that non-trust fund investments with oil companies in general might benefit Bush or Cheney if they can sell in the short term. However, since it appears that most of their investments aren't easily liquidated, I'd expect they might actually take a loss (since I'd expect the price of oil to drop in the not-so-distant future - analysts agree to disagree on this point though). It's kind of a push, I guess, rather than clear financial motivation for war.
 

0marTheZealot

Golden Member
Apr 5, 2004
1,692
0
0
You guys have to be crazy if you don't think that oil was the reason we went to war with Iraq. In the coming decades, the securing of hydrocarbon resources will become even more necessary.

US oil dependance has been climbing because of two factors. We consume more and more energy each year. Simultaneously, we are pumping fewer and fewer oil at home, simply due to depletion. The US is running out of oil. I think a fact many of us are forgetting is that until the 70s, the US used to be the largest EXPORTER of oil in the world. However, our production peaked in the 70s and ever since, we have been at the behest of oil producing countries.

The ANWR reserves are a drop in the bucket. If it were to come online right now, the field would only produce 2 or so million barrels a day. The US imports more than 12 million BBL per day. Non-OPEC producers are set to become bit-players in the global oil scene. Having such a large country [Iraq] with virtually untapped reserves must have seemed lucrative at least.

I don't think most of you guys understand how vital oil is to our economy. Transportation, pharmoceutical, energy, plastics, stock markets, and many many other industries don't simply RELY on oil, they EXIST because of oil. If there was a sudden drastic surge in oil prices, the world economy would be devasted. Why do you think countries w/o sufficent reserves aren't being threatened. NK is probably more of a threat than Iran or Iraq ever will be. Iran in fact has cooperated in the WoT so far; they allowed medical airlifts into Iran during the invasion into Afghanistan. They have captured Al Qaeda operatives operating within their borders. Yet all of this gets lip service when one realizes that Iran quite possibly sits on the 3rd or 4th largest reserves of oil and the 3rd largest holder of natural gas reserves.

I've said this before, this sh!t isn't checkers, it's chess. See the entire board.
 

Red Dawn

Elite Member
Jun 4, 2001
57,529
3
0
Originally posted by: shinerburke
Originally posted by: GrGr
As an aside, and I'm aware that this belongs in another thread as Shinerburke apparently does not have the guts to face the facts in this thread:
Yes....yes....I'm soooooo afraid....that's why I haven't been here. No....wait....the reason I haven't been on here arguing with you obviously brain dead liberal trolls....yes you are the ones who in fact are trolling....is because I was out with my wife.....you know.....a female human. You see on weekends we like to do things besides sit in front of the computer and masturbate to twisted liberal threads that link to every half ass web site they can find as long as they contain some sort of anti-Bush hoo haa...... The only reason I'm on the computer now is because I decided to check my email before going to bed. So....goodbye for now you lonely pathetic hate filled leftist whack jobs. I'm going to go have sex with my beautiful wife. You guys have fun playing your little hate fueled games. Nighty night....make sure and pull the covers up over your head....wouldn't want the big bad Republican boogey man to get you.

Impressive Green One! LOL :laugh:
 

Cogman

Lifer
Sep 19, 2000
10,286
147
106
You Provide a Crediable Site (Heck even CNN) with something like this on it, And we'll provide a debate. But any fool Can browse and Anti-bush site or an Anti-kerry site and find some trash and rubbish like this.
 

Red Dawn

Elite Member
Jun 4, 2001
57,529
3
0
Originally posted by: Cogman
You Provide a Crediable Site (Heck even CNN) with something like this on it, And we'll provide a debate. But any fool Can browse and Anti-bush site or an Anti-kerry site and find some trash and rubbish like this.
Hey calling Rip, Heartsurgeon and the like fools is not cool..accurate but not cool!

 

yankeesfan

Diamond Member
Aug 6, 2004
5,922
1
71
Originally posted by: conjur
Originally posted by: CycloWizard
Originally posted by: Infohawk
Yeah, unless you don't mind being lied to. Remember the WMDs? Turns out it wasn't about that. ;)
I went out and bought the book "The Politics of Truth" by Joseph Wilson. I'm very interested in seeing what he has to say, especially since the book was on sale. :p

Seriously, does anyone have any info on Bush/Cheney holdings in the oil market?
Found this, so far:

http://www.consortiumnews.com/2000/082000a2.html
Under the Halliburton deal, Cheney retained 400,000 unvested stock options that will ?vest? in batches over the next three years. That means their value depends on Halliburton?s stock price at the time the vested options are exercised. Unlike other holdings, unvested options cannot effectively be put in a blind trust since a trustee cannot do anything with them until after they vest, ethics expert note. In other words, Cheney will be aware that his personal wealth will rise and fall along along with Halliburton's stock prices.

http://www.rense.com/general29/dbus.htm
Messrs Bush, Cheney and friends have either sold their stock holdings or put them in a blind trust, meaning personal gain is off the agenda. But gain for their friends and family may well be a by-product of the looming war against Iraq.


http://www.fool.com/News/Take/2003/take030325.htm
Halliburton is the first of many U.S. corporations that will surely be asked to help, and profit from, the rebuilding of Iraq. It is an especially auspicious first awardee, however, because Dick Cheney was CEO of Halliburton until 2000. Upon entering the vice president's office, Cheney divested himself of his holdings, although he reportedly still receives about $1 million a year in compensation from the company.

wow, Conjur. All I had to do was go to the homepages of those first 2 sites to find that they are pro-Kerry and Anti-Bush sites. Can you find ANY sites that aren't of a liberal bias?
 

conjur

No Lifer
Jun 7, 2001
58,686
3
0
Why don't you Google for "cheney halliburton stock holdings" and tell me what you find, then.

But, uh, no comment on the content of those articles, eh?


Typical.
 

yankeesfan

Diamond Member
Aug 6, 2004
5,922
1
71
Originally posted by: conjur
Why don't you Google for "cheney halliburton stock holdings" and tell me what you find, then.

But, uh, no comment on the content of those articles, eh?


Typical.

Why, if there were so many articles, did you pick the ones with an extreme leftist view? How could you hope to prove that those articles tell the unbaised truth? I am dumbfounded.

edit: I'll be reading the articles now.
 

conjur

No Lifer
Jun 7, 2001
58,686
3
0
:roll:

I tried to find the ones that actually offered any type of information as to Cheney's stock holdings and when they'll vest. I didn't go perusing around the sites to see what was what. Give it a rest.
 

yankeesfan

Diamond Member
Aug 6, 2004
5,922
1
71
Of course, major news organizations couldn't go around writing false things about people, because they would be quickly discredited. Only the smallest and least powerful orgainizations could print articles that have no truth. That is why you turn to the small, ant-Bush/Cheney sites. I am not the one you goes around quoting small, biased sites, so I am hardly the one that you should be telling to give it a rest. I would tell yourself that.
 

Darkhawk28

Diamond Member
Dec 22, 2000
6,759
0
0
Originally posted by: yankeesfan
Of course, major news organizations couldn't go around writing false things about people, because they would be quickly discredited. Only the smallest and least powerful orgainizations could print articles that have no truth. That is why you turn to the small, ant-Bush/Cheney sites. I am not the one you goes around quoting small, biased sites, so I am hardly the one that you should be telling to give it a rest. I would tell yourself that.

Let's not pretend that both sides in this forum don't do it. When people quote from the Drudge Report, I laugh hysterically.
 

Red Dawn

Elite Member
Jun 4, 2001
57,529
3
0
Originally posted by: conjur
Article
August 28, 2004

By Katherine Yurica

--------------------------------------------------------------------------------

[Editor's note: August 29, 2004. This article should be compared to the statements made by former Bush administration Secretary of the Treasury, Paul O'Neil that the Bush administration began working on war with Iraq from day one of the administration, and with Neil McKay's article in the Sunday Herald, in which he stated Mr. Bush's cabinet voted to go to war with Iraq in April of 2001. For further details read Fraud Traced to the White House by Katherine Yurica.]

--------------------------------------------------------------------------------

In the battle over the release of Dick Cheney?s secret ?energy policy? papers, a Department of Commerce numbered document (DOC-013-0056?0074), has come to light. It may explain why Mr. Cheney has fought so hard to keep his energy group?s records from the public. The policy paper dated September 29, 2000 begins to reveal the war against Iraq was carefully developed and planned in increments, including even the detail of introducing the term ?weapons of mass destruction.? The document takes the reader back to the campaign of 2000. At stake was the presidency of the United States. During Mr. Bush?s campaigning, he and his team prepared a nineteen page position paper titled, ?Comprehensive National Energy Policy.?

So far, there?s nothing surprising in that. One would expect a candidate to address the nation?s energy policies. However, Mr. Bush set a different tone in the first paragraph of his executive summary: ?Over the past seven and a half years, our international credibility has been diminished, and Saddam Hussein?s Iraq is now a major oil supplier to the U.S.?

Mr. Bush blamed the Clinton administration for allowing the country to grow dependent upon foreign oil. He lamented that imports had gone from thirty-six percent in 1973 to a jump to fifty-six percent, ?the highest percentage ever.? But his own figures show that under Mr. Clinton?s watch, the rise was only from fifty percent to fifty-six percent.

The report keeps shaking the Saddam Hussein tree in an extremely familiar demonization dance. The document reflects a fixation on Iraq?s growing oil power, which in actual fact was really tiny in comparison to the established world markets. While many Americans would accept that dependence on foreign oil might not be in the best interests of the U.S., Mr. Bush blurred and smudged the statistics here and there, and only later in his report admitted that of all the oil imports only seven percent came from ?Saddam Hussein?s Iraq.?

Mr. Bush shows a real talent in his report to hang the necessity to tear up one of America?s most pristine wildlife refuge areas by attaching the whole project to an unrelated evil. He explained that he wanted to promote the development of U.S. oil and gas resources to meet the electricity needs of the new economy. In reaching his goal, Mr. Bush said that he would ?open only eight percent of the Arctic National Wildlife Refuge? to exploitation, which he indicated was exactly the amount needed to ?replace the oil that the U.S. now imports from Iraq.?

Candidate Bush lamented that the Clinton-Gore administration had ?squandered U.S. credibility with oil-producing nations in the Persian Gulf? and lost the power to influence OPEC policies. Mr. Bush tied Mr. Clinton?s ?failure? to the ?increased Iraqi leverage over the U.S. and international economies.? Then once again Mr. Bush turned his attention upon Saddam Hussein, declaring:

?When the Clinton-Gore Administration took office in January of 1993, the Gulf War coalition was intact, economic sanctions were in place against Iraq, UN weapons inspectors were operating in Iraq, there was an active Iraqi opposition, and U.S. influence in the Gulf was at an all-time high. Almost eight years later, due to the failed leadership of the Administration:

?The international coalition assembled during the Gulf War has come apart.

?UN inspectors have not set foot in Iraq for almost two years, failing to monitor any attempts to produce weapons of mass destruction.

?The Administration has spent only a negligible amount of the $97 million appropriated by Congress under the Iraq Liberation Act to support the Iraqi resistance.

?U.S. credibility in the Gulf is so low that the United Arab Emirates and Bahrain?once critical members of the Gulf War coalition?recently restored full diplomatic relations with Iraq.

?As U.S. influence in the Gulf has waned, Iraq?s relative influence as an oil supplier to U.S. and world markets has increased:

?Iraq is now the fastest growing oil supplier to the United States, selling 850,000 barrels of crude oil a day to the United States...

?As spare production capacity becomes tighter, Iraq is moving into a position to become an important ?swing producer,? with an ability to single handedly impact and manipulate global markets.

?Perhaps most ominously, Saddam Hussein is threatening to cut back production and is again claiming that Kuwait is stealing Iraq?s oil?the same claim Iraq made in 1990.?

In actual fact, Mr. Bush?s words will miraculously reappear in the Baker Institute Report delivered to Mr. Cheney in April of 2001 by James Baker, III (the former Secretary of State and Bush family friend). Mr. Baker?s energy report is discussed in detail in my article, ?Fraud Traced to the White House,? which was published at the Yurica Report web site in April of 2003. As one reads Mr. Bush?s report and then compares it to Mr. Baker?s, one soon finds identical phrases appearing in both documents. For instance, notice this sentence from Mr. Bush?s policy paper:

?Iraq is moving into a position to become an important ?swing producer,? with an ability to single handedly impact and manipulate global markets.?

Now compare that to this sentence from the later Baker Report:

?Iraq has become a key ?swing? producer, posing a difficult situation for the U.S. government.?

Or this sentence also from the Baker Report:

?Over the past year, Iraq has effectively become a swing producer, turning its taps on and off when it has felt such action was in its strategic interest to do so.?

Both documents focus on ?weapons of mass destruction.? The Baker Report puts it this way in one of its references:

?Sanctions that are not effective should be phased out and replaced with highly focused and enforced sanctions that target the regime?s ability to maintain and acquire weapons of mass destruction.?

And the Baker Report advises: ?The United States should conduct an immediate policy review toward Iraq, including military, energy, economic, and political/diplomatic assessments.?

I think it?s safe to conclude that Mr. Bush?s policy paper is undoubtedly the precursor to the Baker Institute Report.

There is another major discovery I noted from Mr. Bush?s energy policy paper. Here?s evidence that Governor Bush knew he was going to dump the Kyoto treaty while campaigning but managed to keep it a secret from American voters! In his policy paper he wrote:

?Excessive regulation is not the answer. A recent study by the Electric Power Research Institute (EPRI) determined that the combined effect of Administration policies and implementation of the Kyoto global climate treaty would reduce electricity derived from coal in the U.S. from over fifty percent today to less than ten percent by 2020. As a result, electricity prices would increase fifty percent in real terms and a massive investment in natural gas infrastructure would be required to replace the lost coal capacity. EPRI found that substantial emission reductions could be more readily achieved by scheduling emission reductions to coincide with technological advances, but the [Clinton] administration is instead insisting upon substantial reductions before these advances can be reasonably deployed.?

After a man has said that, why need we tend to anything else he should say ever again?


--------------------------------------------------------------------------------


Katherine Yurica was educated at East Los Angeles College, the University of Southern California and the USC school of law. She worked as a consultant for Los Angeles County and as a news correspondent for Christianity Today plus as a freelance investigative reporter. She is the author of three books. She is also the publisher of the Yurica Report.




Hmmm...was Iraq about the oil after all???
Lies!! according to that article the Dub and his nefarious network of Neocons are cold calculated manipulators instead of a bunch of bumbling buffoons. You really expect us to believe that?;)
 

conjur

No Lifer
Jun 7, 2001
58,686
3
0
Originally posted by: Red Dawn
Lies!! according to that article the Dub and his nefarious network of Neocons are cold calculated manipulators instead of a bunch of bumbling buffoons. You really expect us to believe that?;)

The Misunderstimated Man. ;)
 

shiner

Lifer
Jul 18, 2000
17,112
1
0
Originally posted by: Red Dawn
Originally posted by: shinerburke
Originally posted by: GrGr
As an aside, and I'm aware that this belongs in another thread as Shinerburke apparently does not have the guts to face the facts in this thread:
Yes....yes....I'm soooooo afraid....that's why I haven't been here. No....wait....the reason I haven't been on here arguing with you obviously brain dead liberal trolls....yes you are the ones who in fact are trolling....is because I was out with my wife.....you know.....a female human. You see on weekends we like to do things besides sit in front of the computer and masturbate to twisted liberal threads that link to every half ass web site they can find as long as they contain some sort of anti-Bush hoo haa...... The only reason I'm on the computer now is because I decided to check my email before going to bed. So....goodbye for now you lonely pathetic hate filled leftist whack jobs. I'm going to go have sex with my beautiful wife. You guys have fun playing your little hate fueled games. Nighty night....make sure and pull the covers up over your head....wouldn't want the big bad Republican boogey man to get you.

Impressive Green One! LOL :laugh:
Glad I could give you a chuckle.

:D
 

Shuxclams

Diamond Member
Oct 10, 1999
9,286
15
81
Originally posted by: lordtyranus
Now the question is: Would all you libs be for the war if Bush stated it was for oil?



I would, at least it would have been a clear and truthful reason for going. It was obvious to me that Bush II had no real economic plan or stratigy so why not try and get Oil prices down.... its a brilliant way to boost the economy actually... problem is you need to have a war plan to make that happen and Bush II even failed at that.











SHUX