What you should know about Halliburton
Simply put Halliburton is a large military and oil company that had huge prices for services during our war on terrorism that never would of been paid if Dick Cheney was not the CEO of the company and our vise president. The fact is the Government White House elite made billions from this war by stealing from the American tax dollars. Of course George Bush Jr, turned a blind eye to his friends corruption.
Everyone knows that Presidents and most politicians don’t get paid from their salary that is just a front so people think they are not taking too much money. The reality is on the back end business pozi scams, kick backs, and inflated government purchases are happening for millions all the time.
Halliburton is a prime example of how the government make millions more then their salary but stealing from the American tax payers.
Rep. Henry Waxman released the first analysis of Halliburton’s RIO 2 contract to restore Iraq’s southern oil fields.
The examination of previously undisclosed correspondence, evaluations, and audits reveals that government officials and investigators have harshly criticized Halliburton’s performance under RIO 2.
The documents disclose an “overwhelmingly negative” performance, including:
Intentional Overcharging: Halliburton repeatedly overcharged the taxpayer, apparently intentionally. In one case, “cost estimates had hidden rate factors to increase cost of project without informing the Government.”
In another instance, Halliburton “tried to inflate cost estimate by $26M.
In a third example, Halliburton claimed costs for laying concrete pads and footings that the Iraqi Oil Ministry had “already put in place.”
Exorbitant Costs: Halliburton was “accruing exorbitant indirect costs at a rapid rate.”
Government officials concluded that Halliburton’s “lack of cost containment and funds management is the single biggest detriment to this program.
As we all know, Dick Cheney was Secretary of Defense under Bush the Elder. When he lost his job thanks to the American Electorate in 1992, he became the CEO of Halliburton. Halliburton also owns Brown, Root and Kellog – lets just call it Halliburton and Friends.
As it turns out, Halliburton and Friends just happen to be awarded major contracts for the Department of Defense thoughout the 1990s. Whatever they earned when Dick was CEO cannot compare with the billions of taxpayer dollars that Halliburton and Friends have earned since Dick became Vice President of the United States.
While Dick claims he has no ties with the company he use to run, he receives about $150,000 per year from Halliburton. Of course the fact that Halliburton and Friends have the Vice President on the payroll has nothing to do with the billions of American tax dollars that Haliburton has made since we invaded Iraq to liberate the Iraqi people. Here are a few fun facts that will help you understand how Halliburton has earned those billions of taxpayers dollars fair and square!
FACT 1 – On October 29,2003, the Associated Press reported that “the U.S. government hired the company in Iraq without a competitive bid, after the company recommended itself in a study. Halliburton’s Iraq oil services contract, worth $1.59 billion so far, will be extended until December or January.”
FACT 2 – The Associated Press on October 29, 2003 also reported that “Iraq contractors DynCorp, Bechtel and Halliburton donated more than $2.2 million mainly to Republican causes like the 2000 Bush presidential campaign between 1999 and 2002, according to the Center for Responsive Politics.”
FUN FACT 3 – The Associate Press further reported on October 29, 2003 that we taxpayers paid Halliburton’s subsidiary Kellogg, Brown & Root $3 million to build a mess tent in Bagdad for our troops.
FACT 4 – The U.S. government and its taxpayers are paying Vice President Dick Cheney ‘s former firm Halliburton $2.65 a gallon for gasoline imported into Iraq from Kuwait and then reselling it to Iraqis for 4 to 15 cents. When is the last time you paid 4cents for a gallon of gas?
FUN FACT 5 – The Army Corps of Engineers announced in March 2003 that Halliburton had been awarded a no-bid contract, with a $7 billion limit, for putting out fires at Iraqi oil wells. Corps spokesmen justified the lack of competition on the grounds that the operation was part of a classified war plan and the Army did not have time to secure competitive bids for the work.
FACT 6 – Bush himself was “shocked” at the overcharges and vowed that Halliburton would pay back any money they stole from the American people. Of course, this was another ploy by the Bush Administration to get the story out of the papers. One week later, the Pentagon determined that Halliburton had not been stealing from the taxpayers! Guess that W decided to let them off the hook!
FACT 7 – The Pentagon acknowledged in 2004 that Haliburton was under investigation for charging the United States Taxpayers for meals it never served to our soldiers in Iraq! Apparently, the Bush/Cheney Adminstration has been paying Haliburton and Friends for three meals for every one meal Haliburton actually served. Makes you wonder how much that Turkey Bush was holding up in Iraq on Thanksgiving Day 2003 cost the U.S. Taxpayer!