Wednesday, September 20, 2006

I just ran across an interesting little piece by Rick Jacobs on the Huffington Post regarding Dick Cheney, Halliburton and some of the shennanigans that Kellogg, Brown and Root have pulled off. For an informative read, make a visit...


We all by now know that Dick Cheney retired from the Pentagon in 1993 to accede to the throne of Halliburton, an oil field services company based in Houston. Under Mr. Cheney's reign, Halliburton acquired Dresser Industries which included the Kellogg Company (the K of KBR), a major engineering firm. True to form, Mr. Cheney's acquisition did not include much due diligence. After Mr. Cheney left Halliburton with tens of millions of dollars in his pocket largely earned because of his connections to Middle East dictators, Halliburton had to cough up $2.3 billion in cash, about $1.2 billion in stock and another $55 million in IOUs to help pay off the tens of thousands of people in this country who had suffered and/or died of asbestos poisoning at the hand of Dresser , which Mr. Cheney had acquired and for which Mr. Cheney was (and apparently still is) handsomely compensated . If this sounds a bit like Mr. Cheney's due diligence with respect to weapons of mass destruction in Iraq, it should. He never bothered to look at what Dresser had before he bought it for Halliburton and he never bothered to look at what Iraq had before he broke it for the U.S.

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