The Mudcat Café TM
Thread #84906   Message #1571830
Posted By: katlaughing
28-Sep-05 - 01:18 PM
Thread Name: BS: Halliburton owns the U.S. government
Subject: RE: BS: Halliburton owns the U.S. government
Other research

(My emphasis)When confronted with the proof of his ongoing financial ties with Halliburton, Cheney responded by claiming his deferred salary and stock options are not actually a "financial interest" as defined by federal ethics standards and therefore not a conflict of interest. This prompted the Congressional Research Service to issue a report which confirmed Cheney's ongoing financial interest in Halliburton "is considered among the 'ties' retained in or 'linkages to former employers' that may 'represent a continuing financial interest' in those employers which makes them potential conflicts of interest."

Or, put more plainly: CBS/AP) A 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.


As of two years ago, pre-Katrina no-bid contracts, THE TOTAL AMOUNT OF TAXPAYER DOLLARS PAID TO HALLIBURTON TO $2.25 BILLION – OF WHICH $1.25 BILLION IS FROM THE NO-BID, EXCLUSIVE CONTRACT. From: Click here

More current news includes: In May, despite concerns by the Army's own auditors about billing practices, the firm received a $72.2 million performance bonuses for its work in Iraq. The bonus was the largest ever received by the firm.

Halliburton has billed the government more than $10.5 billion to date under a contract to provide aid for the military in Iraq, Afghanistan and elsewhere.


There are more reports of abuses which are costing the taxpayers so much at click here

Looks as though this book would be a good place to do some research, too: click here.

kat