McCain bashed by Paris Hilton

[genderhazard]

Originally Posted by liveordie83

That's true this war isn't about genicide, or "terrorists", or racsim. it's about MONEY. What's iraq's major export? OIL!

You clearly are working off flawed information. While Iraq's major export is oil they are not even in the top 5 for importers. But the do beat out ANGOLA and ALGERIA.

http://www.eia.doe.gov/pub/oil_gas/p...nt/import.html

Clearly if we wanted Money we would have declared war on Mexico (using illegal immagration as a defacto invasion) and Canada. (were tired of Alaska not being considered part of the contenental "49" states.

What does George Bush have all his money in? OIL!

Actually All Presidents have their finances placed in a blind trust to stop just that type of manipulation. (I'm reasonably sure that occurs with members of congres as well.

Why on earth couldn't our highly trained military defend these oil pipelines effectively for years on end? Because the company that rebiult them over and over again(with no bid contracts) has Dick cheney as the CEO!

Dick Chenney was the CEO of Haliburton is one of the world's largest players in this industry; Schlumberger is its closest competitor followed by Weatherford International , Tesco Corporation and Baker Hughes.

In the aftermath of Operation Desert Storm in Kuwait in 1991, Halliburton crews helped bring 320 burning oil wells under control. (Thomas H. Cruikshank, who served as chairman and CEO from 1989 until 1995)

With Haliburton's acquisition of Dresser Industries in 1998, the Kellogg-Brown & Root division (in 2002 renamed to KBR) was formed by merging Halliburton's Brown & Root (acquired 1962) subsidiary and the M.W. Kellogg division of Dresser (which Dresser had merged with in 1988). KBR is a major international construction company, which is a highly volatile undertaking subject to wild fluctuations in revenue and profit. Asbestos-related litigation from the Kellogg acquisition caused the company to book more than US$4.0 billion in losses from 2002 through 2004.


In November 2002, KBR was tasked to plan oil well firefighting in Iraq (which it had experience with form the Kuwatti oil field fires, and in February 2003 was issued a contract to conduct the work. While critics contend that it was a no-bid contract, awarded due to Dick Cheney's position as Vice President, others contend, that this was not strictly a no-bid contract, and was invoked under a contract that KBR won "in a competitive bid process."

The contract, referred to as LOGCAP, is a contingency-based contract that is invoked at the convenience of the Army. Because the contract is essentially a retainer, specific orders are not competitively bid (as the overall contract was). It has also been argued that when the contract was invoked in a similar manner during the Balkans crisis (when Bill Clinton was president), there was no controversy and very little scrutiny of the contract; proponents of this viewpoint argue that the KBR's LOGCAP contract was made a political issue by opponents of Bush and Cheney.

From 1995–2002, Halliburton Brown & Root Services Corp was awarded at least $2.5 billion but has spent considerably less to construct and run military bases, some in secret locations, as part of the Army's Logistics Civil Augmentation Program. This contract was a cost plus 13% contract and BRS employees were trained on how to pass GAO audits to ensure maximum profits were attained. BRS was awarded and re-awarded contracts termed "non-competitive due to BRS being the only company capable to pull off the missions. DYNACORP actually won the competitively let 2nd contract but never received any work orders in the Balkans. (during the Clinton Administration.)

In September 2005, under a competitive bid contract it won in July 2005, to provide debris removal and other emergency work associated with natural disasters, KBR started assessment of the cleanup and reconstruction of Gulf Coast U.S. Marine and U.S. Navy facilities that were damaged in the aftermath of Hurricane Katrina. The facilities include: Naval Air Station Pascagoula, Naval Station Gulfport, Stennis Space Center in Mississippi, two smaller U.S. Navy facilities in New Orleans and others in the Gulf Coast region. KBR has had similar contracts for more than 15 years.

And which two individuals have went from mere millionaires to billionaires in this short time span? Bush and Cheney!

Out of office during the Clinton presidency, Cheney was Chairman and Chief Executive Officer of Halliburton Company from 1995 to 2000.

Cheney retired from Hailburton during the 2000 U.S. presidential election campaign with a severance package worth $34 million As of 2004, he had received $398,548 in deferred compensation from Halliburton while Vice President.

Some commentators have speculated on a possible conflict of interest from Cheney receiving deferred compensation and stock options from Halliburton.

As Vice President Chenney gets $208,1002 (the same as speaker of the house and Chief Supreme Court Justice) Plus $10,000 taxable expense allowance per year.

George Bush makes $400,000 per year plus Plus $50,000 non-taxable expense allowance to assist in defraying expenses relating to or resulting from the discharge of his official duties.

According to Slate magazine, George W. Bush has a net worth of around $9 million to $26 million, The Center for Public Integrity has collected details Bush's biggest asset is his Texas ranch.
http://ask.yahoo.com/20040823.html

Cheney's net worth, estimated to be between $30 million and $100 million, is largely derived from his post at Halliburton, as well as the Cheneys gross income of nearly $8.82 million.