How much money did halliburton make off the iraq war

how much money did halliburton make off the iraq war

AP In the wake of a war of words where former Vice President Dick Cheney expressed a concern there’s an «increasing strain of isolationism» among the Republicans considering entering the presidential race, Mother Jones’ David Corn unearthed vintage footage of one of the likely GOP White House hopefuls, Sen. Rand Paul, accusing Cheney of supporting the Iraq War to make money. In the clip, which was filmed in shortly before Paul announced his Senate campaign, Paul said Cheney initially thought invading Iraq would be a bad idea, but changed his mind after he became CEO of Halliburton in and was in a position to profit from defense contracts. Paul began by saying there was a «great YouTube of Dick Cheney in » where he described being against a potential invasion of Iraq. He goes on and on for five minutes—Dick Cheney saying it would be a bad idea,» Paul said. Dick Cheney then goes to work for Halliburton. Makes hundreds of millions of dollars—Their CEO. Next thing you know, he’s back in government, it’s a good idea to go into Iraq. Later on in the video, Paul argued the September 11th attacks were used as an excuse by Bush administration officials who «already wanted» war in Iraq. Account icon An icon in the shape of a person’s head and shoulders. It often indicates a user profile.

Cheney’s Ties to Brown and Root. VBR at Incirlik Airbase. As the first bombs rain down on Baghdad, CorpWatch has learned that thousands of employees of Halliburton, Vice President Dick Cheney’s former company, are working alongside US troops in Kuwait and Turkey under a package deal worth close to a billion dollars. According to US Army sources, they are building tent cities and providing logistical support for the war in Iraq in addition to other hot spots in the «war on terrorism. While recent news coverage has speculated on the post-war reconstruction gravy train that corporations like Halliburton stand to gain from, this latest information indicates that Halliburton is already profiting from war time contracts worth hundreds of millions of dollars. Cheney served as chief executive of Halliburton until he stepped down to become George W. Bush’s running mate in the presidential race. Today he still draws compensation of up to a million dollars a year from the company, although his spokesperson denies that the White House helped the company win the contract. Linda Theis, a public affairs officer for the U. Army Materiel Command’s Program Management Office, arrived to supervise approximately 1, Brown and Root employees to set up tent cities that would provide accommodation for tens of thousands of soldiers and officials. Army officials working with Brown and Root says the collaboration is helping cut costs by hiring local labor at a fraction of regular Army salaries. This means a small number of combat-service-support soldiers are needed to support this logistic aspect of building up an area,» says Lt.

Trending News

Most of these troops are now living in the tent cities in the rugged desert north of Kuwait City, poised to invade Iraq. Some of the encampments are named after the states associated with the attacks of Sept. The headquarters for this effort is Camp Arifjan, where civilian and military employees have built a gravel terrace with plastic picnic tables and chairs, surrounded by a gymnasium in a tent, a PX and newly arrived fast food outlets such as Burger King, Subway and Baskin-Robbins, set up in trailers or shipping containers. Basketball hoops and volleyball nets are set up outside the mess hall. North of Iraq approximately 1, civilians are working for Brown and Root and the United States military near the city of Adana, about an hour’s drive inland from the Mediterranean coast of central Turkey, where they support approximately 1, US soldiers staffing Operation Northern Watch’s Air Force F Strike Eagles and F Fighting Falcons monitoring the no-fly zone above the 36th parallel in Iraq. The jet pilots are catered and housed at the Incirlik military base seven miles outside the city by a company named Vinnell, Brown and Root VBR , a joint venture between Brown and Root and Vinnell corporation of Fairfax, Virginia, under a contract that was signed on October 1, , which also includes two more minor military sites in Turkey: Ankara and Izmir. US Army officials confirm that Brown and Root has been awarded new and additional contracts in Turkey in the last year to support the «war on terrorism» although they refused to give any details. Cheap labor is also the primary reason for outsourcing services, says Major Toni Kemper, head of public affairs at the base. I mean there was a lot of studies years ago as to what services can be provided via contractor versus military personnel.

Choose your subscription

Last week, continuing the sometimes catty intraparty feud between Republican hawks and GOPers skeptical of foreign intervention, former Vice President Dick Cheney took a shot at Sen. Rand Paul R-Ky. He obviously had Rand Paul in mind. A year ago, Sen. John McCain R-Ariz. Ted Cruz R-Texas , Rep.

Stay Informed

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Sign in. Accessibility help Skip to navigation Skip to content Skip to footer. Choose your subscription.

New York Times. Dick Cheney then goes to work for Halliburton. I would let this one sit for a while. Trump mocks ‘foolish’ plans for NYC sea wall.

Make informed decisions with the FT

Views Read Edit View history. Just another sheep in the herd Makes hundreds of millions of dollars, their CEO. I wouldn’t. View it. From Wikipedia, the free encyclopedia. Most of the people on these [congressional] committees have a million dollars in their bank account all from different military-industrial contractors. Washington Post. On April 7,as Paul was on the cusp of umch his senatorial bid, he spoke to student Republicans at Western Kentucky University. Critics of President George W. Rand Hallibudton R-Ky. Would you invest your entire savings into a stock on the promise of a 3.

Produced while the Hslliburton War was in full swing, the film deals with the alleged war profiteering and negligence of private contractors and muuch who went to Iraq as part of the US war effort. Specifically, the irraq claims four major contractors — BlackwaterK. The film starts with the events of March in Fallujahwhere four Blackwater contractors were ambushed, set afire, their burned corpses dragged through the streets and then finally displayed hanging from a bridge. These civilian contractors were outside the chain of military command, and were never held accountable for the amply documented, unsupervised torture they initiated.

Greenwald and Brave New Films document that at the time of production, the corporations in question had made more than tens of billions of dollars from their contracts in Iraq. Greenwald attempted to interview representatives of the companies in question for the film, to no avail.

From Wikipedia, the free encyclopedia. Business and Media Institute. TV Guide. Being There Magazine. LA Times. Washington Post. Rotten Tomatoes. New York Times. The Village Voice. Companies Working in Iraq».

Huffington Post. CACI International. The films of Robert Greenwald. Brave New Films. Robert Greenwald. Categories : films English-language films American documentary films Documentary films about the Iraq War s documentary films Documentary films about American politics Documentary films about the military—industrial complex Films directed by Robert Greenwald American films Films about privatization.

Namespaces Article Talk. Views Read Edit View history. By using this site, you agree to the Terms of Use and Privacy Policy.

Dick Cheney challenges Obama’s stance on Iraq


how much money did halliburton make off the iraq war
The Bush campaign maintains that Mr. Cheney has cut his ties with Halliburton and that the administration has given the company no special treatment. At a community center in Albuquerque on Sept. Kerry declared: «Dick Cheney’s old company Halliburton has profited from the mess in Iraq at the expense mone American troops and taxpayers.

Site Index

While Halliburton has been engaging in massive overcharging and wasteful practices under this no-bid contract, Dick Cheney has continued to receive compensation from his former company. After listing some instances of Halliburton overcharging alleged by Pentagon auditors, Mr. And the independent Congressional Research Service found that under federal mske law, Dick Cheney did have a lingering financial interest in Halliburton. Halliburton’s business with the military has grown substantially since Mr. Bush and Mr. Cheney took office. The company rose to seventh-largest military contractor halliburtpn from 22nd-largest in The contracts did not prove to be as profitable as executives had hoped, however, and accusations of political favoritism led to a public relations nightmare. On Thursday, Halliburton said it was considering selling its subsidiary that holds mney contracts in Iraq. He also holds options mudh buy Halliburton stock. Cheney’s critics concede that there is no concrete evidence that he has pulled any strings on Halliurton behalf. But he has refused to answer a request from Democrats in Congress that he provide an accounting of any communications he and his staff have had with Halliburton or actions they have taken on Halliburton contracts. Halliburton, basically an oil services and engineering company, won a large contract in competitive bidding in to provide food, housing, fuel and other logistical support for troops in the Middle East. Pentagon auditors have accused the company of overcharging for food, fuel and other services. For a time the Army considered withholding payments to the company until the billing dispute was resolved, but decided last month to continue reimbursements in .

Comments