The Mudcat Café TM
Thread #126720   Message #2857187
Posted By: Sawzaw
05-Mar-10 - 07:50 PM
Thread Name: BS: Supreme Court Kills Democratic Party...
Subject: RE: BS: Supreme Court Kills Democratic Party...
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Help Get Our Ad Exposing Halliburton on the Air
While soldiers are dying in Iraq, Dick Cheney's old company Halliburton has overcharged the government millions and charged for meals for the troops which were never delivered. We need to raise $1.1 million to get a new ad exposing the Bush Administration's ties to Halliburton on the air. Please help by contributing below.

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Starting soon after George W. Bush's inauguration as President in early 2001, Soros poured a reported $18 million into passage of the McCain-Feingold campaign finance law (Soros has continued to be a major donor to McCain's Reform Institute), which placed a cap on "soft money" donations to the political parties, but left open a loophole, allowing nominally independent groups, referred to as "527s," to take unlimited donations. Soros began buying up the first generation of 527s, including outfits like MoveOn, ACT (America Coming Together), and Media Matters. Soros also played a pivotal role in the 2004 candidacy of Howard Dean, who bombed as a Presidential candidate, but was rewarded for his access to Soros loot with the chairmanship of the Democratic National Committee, after John Kerry's loss to George Bush in November 2004......

....MoveOn, the Center for American Progress, and other progressive groups on the Soros dole, targeted Vice President Dick Cheney and Halliburton, the giant oil and defense contractor that was profitting mightily off of Bush and Cheney's Iraq imperial misadventure.

The barrage of attacks on Halliburton drove the company stock down, from a peak of $40 down to $26-at which point Soros began buying up Halliburton shares. Between the third quarter of 2005, and the fourth quarter of 2006, Soros bought 2 million shares of Halliburton, at an average price of just over $31.

As the media attacks on Halliburton-in part, driven by Soros's anti-Bush/Cheney and anti-war zeal-died down by late 2006, Halliburton shares quickly rebounded. By early 2008, with Halliburton shares nearing $50, Soros had made an estimated $40 million in clear profit, making him one of the larger Bush-Cheney war profiteers....