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Nebula Class (Nebulaclass)
Member
Username: Nebulaclass
Post Number: 543
Registered: 11-2002
| | Posted on Thursday, October 02, 2003 - 7:37 pm: | |
For those not in the know, Clinton's administration "created" Halliburton in 1993 by awarding them a $1.3billion contract for Porta-Potties and a few other things. The admin knew that Cheney was in charge there, as he was an out-going SecDef who was an attrative employee for a defense contractor.
Halliburton spent 7 years reveiving large Defense contracts under the Clinton administration, and became "the" contrator to turn to whenever services were required.
While this has little to do with Cheney's existing salary, I just wanted to explain that the Halliburton issue is far from a conspiracy to get defense contracts from a Repulican administration. |
Thomas I (Wax)
Member
Username: Wax
Post Number: 456
Registered: 7-2003
| | Posted on Thursday, October 02, 2003 - 7:25 pm: | |
Better Halliburton & Cheney than Clinton & China. |
Tyler (Bahiaau)
Intermediate Member
Username: Bahiaau
Post Number: 1060
Registered: 12-2001
| | Posted on Thursday, October 02, 2003 - 5:20 pm: | |
Sorry, I guess I just don't believe that the CRS study is non-biased. |
Amir (Amir)
Junior Member
Username: Amir
Post Number: 160
Registered: 2-2003
| | Posted on Thursday, October 02, 2003 - 2:57 pm: | |
Getting a bj under the desk is no big deal. Lying about it is. Lying about financial stakes that affect other people's lives and other nation's fates is far, far worse. Clear? |
Tom RM (Tgitom)
Junior Member
Username: Tgitom
Post Number: 188
Registered: 8-2002
| | Posted on Thursday, October 02, 2003 - 2:38 pm: | |
Whats worse illegal financial interests or getting a bj under the desk? I dont think liking the company has anything to do with it. A lie is a lie? |
DL (Darth550)
Member
Username: Darth550
Post Number: 398
Registered: 7-2003
| | Posted on Thursday, October 02, 2003 - 9:35 am: | |
Halliburton was, and is, opportunistic. Who could have a problem with that? The facts are showing, however, that Cheney has been lying. Liking Halliburton or Bechtel is not at issue.
DL |
Tyler (Bahiaau)
Intermediate Member
Username: Bahiaau
Post Number: 1055
Registered: 12-2001
| | Posted on Wednesday, October 01, 2003 - 11:40 pm: | |
Sorry, no outrage here, I like Cheney.
As for Halliburton, I have nothing but good things to say, I have family and friends who's lives were changed by Erle back in the "old" days. |
Ralph Koslin (Ralfabco)
Member
Username: Ralfabco
Post Number: 866
Registered: 3-2002
| | Posted on Wednesday, October 01, 2003 - 11:26 pm: | |
Hey Haliburton purchases supplies from us.
They have deep pockets.
I like Haliburton. LOL. |
DL (Darth550)
Member
Username: Darth550
Post Number: 397
Registered: 7-2003
| | Posted on Wednesday, October 01, 2003 - 11:16 pm: | |
Congressional Report Shows Cheney Lied About Halliburton Links:
A new report from the Congressional Research Service by Sen. Frank R. Lautenberg (D-N.J.) confirms that Vice President •••• Cheney receives Halliburton deferred salary and stock options. Therefore, Cheney lied Sept. 14, that he has no "financial interest" in Halliburton. The following is taken from a press release today, from the office of Sen. Frank Lautenberg (D-N.J.):
"Senator Frank R. Lautenberg released a CRS Report today that confirms that receiving deferred salary and holding stock options in a corporation does constitute a 'financial interest' under Federal ethics standards. This finding directly conflicts with statements released by the Vice President's office after it was revealed that the Vice President continues to receive deferred salary from Halliburton and holds 433,333 Halliburton stock options. The controversy arose when Vice President Cheney made the following statement on the September 14th edition of Meet the Press:
"'And since I left Halliburton to become George Bush's vice president, I've severed all my ties with the company, gotten rid of all my financial interest. I have no financial interest in Halliburton of any kind and haven't had, now, for over three years.'
"After the Vice President was confronted with information to the contrary, his office continued to deny any financial tie, arguing that by taking out an insurance policy on the deferred salary and assigning his after-tax proceeds from the sale of unexercised options to charity, a financial interest no longer existed. The CRS Report explicitly rejects this dubious line of reasoning, finding that financial ties continue despite those steps."
The new report also addresses the issue of the President and Vice President both being exempt from the enforcement of ethics laws�because it might interfere with their Constitutionally mandated performance of their duties. But the Lautenberg release reports: "The Constitution provides its own remedies against the President and Vice President for ethical breaches."
Figures and specifics are provided by the CRS study, as reported by Lautenberg, for the dollar value of the Halliburton deferred salary payments to Vice President Cheney: $205,298 in 2001; and $162,392 in 2002.
Also there is an accounting of the stock options held by Cheney:
* 100,000 shares at $54.5000 (vested), expire 12-03-07
* 33,333 shares at $28.1250 (vested), expire 12-02-08
* 300,000 shares at $39.5000 (vested), expire 12-02-09/
"The Vice President's deferred compensation and stock option benefits are in addition to a $20 million retirement package paid to him by Halliburton after only five years of employment; a $1.4 million cash bonus paid to him by Halliburton in 2001; and additional millions of dollars in compensation paid to him while he was employed by the company."
In "an ethically untenable situation," Vice President •••• Cheney "should stop accepting Halliburton compensation while he is in office," demanded Sen. Frank Lautenberg (D-N.J.) on Sept. 23. Lautenberg also officially requested that the Governmental Affairs Committee hold immediate hearings into the contracts Halliburton has received from the Administration, supposedly for work in Iraq, as the value of its large no-bid contract has ballooned to $1.25 billion. "Congress has the responsibility to look into this immediately, before more taxpayer money is placed in Halliburton's bank accounts," he said. Sen. Joe Lieberman (D-Conn) opportunistically co-signed the request in a Sept. 23 letter to Sen. Susan Collins (R-Me), chairman of the Committee.
DL |
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