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  • Topplebush.com: A premier collection of articles on Bush and his family, past and present, including many articles on his failures as a businessman and as Governor of TX and President
    accused of supporting terror Iraq Iran and Libya In an April 30 letter to Defense Secretary Donald Rumsfeld Mr Waxman wrote Since at least the 1980 s federal laws have prohibited U S companies from doing business in one or more of these countries Yet Halliburton appears to have sought to circumvent these restrictions by setting up subsidiaries in foreign countries and territories such as the Cayman Islands These actions started as early as 1984 they appear to have continued during the period between 1995 and 2000 when Vice President Cheney headed the company and they are apparently ongoing even today According to Mr Waxman a subsidiary called Halliburton Products and Services opened an office in Tehran Iran in February 2000 has done work on offshore drilling projects and has asserted We are committed to position ourselves in a market that offers huge growth potential Shareholder complaints since the attacks of Sept 11 2001 particularly from the pension funds of the New York City Police and Fire Departments have prompted Halliburton officials to agree to reevaluate their operations in Iran The federal government has been well aware of Halliburton s shenanigans In his letter to Secretary Rumsfeld Mr Waxman noted that Halliburton was fined 3 8 million in 1995 for re exporting U S goods through a foreign subsidiary to Libya in violation of U S sanctions The fine was not enough to stop the company from dancing with the devil It still has dealings in Libya Now with the U S takeover of Iraq Halliburton has hit the jackpot It has only recently been made clear that an emergency no bid contract given in March to the Halliburton subsidiary Kellogg Brown Root covers far more than the limited task of fighting oil well fires The company has been given control of the Iraqi oil operations including oil distribution It s remarkable there s been so little attention paid to the Halliburton contracts said Mr Waxman In addition to doing business in countries that have sponsored terrorism the congressman said Halliburton has been accused of overcharging the U S government for work it did in the 1990 s And last year the company agreed to pay a 2 million settlement to ward off possible criminal charges for price gouging Their reward for that terrible record said the congressman was a secret no bid contract potentially worth billions to run Iraq s oil operations Halliburton and its subsidiaries are virtuosos at gaming the system It s a slithery enterprise with its rapacious tentacles in everybody s pockets It benefits from doing business with the enemy from its relationship with the U S military when the U S is at war with the enemy and from contracts to help rebuild the defeated enemy Meanwhile the flag waving yahoos are hyperventilating over nonissues like the Dixie Chicks You can also view this article online Fair Use Notice This site contains copyrighted material the use of which has not always been specifically authorized by

    Original URL path: http://www.topplebush.com/article1_cheney.shtml (2016-02-13)
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  • Topplebush.com: A premier collection of articles on Bush and his family, past and present, including many articles on his failures as a businessman and as Governor of TX and President
    members of President Bush s axis of evil The axis of evil first cited by Bush in early 2002 included Iraq prior to the US led war as well as Iran and North Korea Waxman stopped short of saying Halliburton s actions violated US laws that prohibit business dealings in certain countries but maintained that Halliburton appears to have sought to circumvent these restrictions by setting up subsidiaries in foreign countries and territories such as the Cayman Islands Some of the involvement of Halliburton is detailed in company documents including its annual reports Halliburton spokesman Wendy Hall did not dispute the Waxman allegations but said the company operates within the law while trying to remain competitive with US and foreign rivals Putting politics aside we and our affiliates operate in countries to the extent it is legally permissible where our customers are active as they expect us to provide oilfield services support to their international operations Hall said in a written statement Where the United States government has mandated that United States companies refrain from commerce we comply often to the advantage of our international competitors We do not always agree with policies or actions of governments in every place that we do business and make no excuses for their behaviors As for the actions of Halliburton offshore subsidiaries Hall said The company believes that the operations of its subsidiaries are in compliance with US laws These entities and activities are staffed and managed by non US personnel Fair Use Notice This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner We are making such material available in our efforts to advance understanding of environmental political economic democratic domestic and international issues etc We believe this constitutes a fair use of

    Original URL path: http://www.topplebush.com/article2_cheney.shtml (2016-02-13)
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  • Topplebush.com: A premier collection of articles on Bush and his family, past and present, including many articles on his failures as a businessman and as Governor of TX and President
    is covered by strict guidelines and costs controls The 2001 contract it notes was designed to give the government flexibility over the next decade to call on Halliburton s expertise when needed in the service areas covered by the contract U S government contracts are awarded not by politicians but by government civil servants under strict guidelines company spokeswoman Wendy Hall said Thursday Government civil servants are well aware of and consistently abide by the requirements of the process Privatizing this work allows the military to concentrate on its mission Any allegation that this contract is set up to encourage unwarranted spending is unfounded and untrue she said The vice president has nothing to do with the awarding of contracts the bidding process or task orders Brown Root competed with two other companies to win the logistics contract that makes it the Army s only private supplier of troop support services over the next decade There is no ceiling on spending because the contract is designed to provide rapid troop support wherever and whenever U S forces move into action overseas Under similar contracts the Army paid Brown Root 1 2 billion from 1992 through 1999 to support U S troops mainly in the Balkans An extension of that contract from 1999 through 2004 is projected to cost 1 8 billion Since March 2002 the Army has issued 24 task orders totaling 425 million under the contract for work related to Operation Iraqi Freedom according to Army records provided Waxman Eleven more work orders totaling 103 million have been issued under the same contract for work related to the war in Afghanistan Dan Carlson spokesman for the Army Field Support Command said the Army has paid 42 million to Brown Root through April for work under the contract related to Iraq and Afghanistan Carlson said the more than 500 million in work orders represents the Army s best estimate of the final costs of the projects He said Brown Root must justify its spending to Army contract officials before it can be paid Costs are verified as they are billed he said We may spend more or we may spend less In January the Army obligated 60 million to Brown Root to provide logistical supply line services and locations in Turkey But because the Turkish government refused to allow U S troops to launch an invasion of Iraq from Turkey much of that obligation was not spent Carlson said Waxman asked Brownlee to explain what actions and procedures the Army has taken to ensure that it will not be hit with cost overruns like those identified by the General Accounting Office Congress investigative arm when Brown Root had a similar exclusive troop support contract for the U S military action in Bosnia in 1997 AP NY 05 29 03 1959EDT Copyright 2003 The Associated Press Fair Use Notice This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner We are making

    Original URL path: http://www.topplebush.com/article3_cheney.shtml (2016-02-13)
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  • Topplebush.com: A premier collection of articles on Bush and his family, past and present, including many articles on his failures as a businessman and as Governor of TX and President
    was forced to file a lawsuit in the U S District Court for the District of Columbia Judicial Watch Inc v Department of Energy et al Civil Action No 01 0981 when the government failed to comply with the provisions of the FOIA law U S District Court Judge Paul J Friedman ordered the government to produce the documents on March 5 2002 The documents were produced in response to Judicial Watchís on going efforts to ensure transparency and accountability in government on behalf of the American people Judicial Watch aggressively pursues those goals by making FOIA requests and seeking access to public information concerning government operations When the government fails to abide by these ìsunshine lawsî Judicial Watch files lawsuits in order to obtain the requested information and to hold responsible government officials accountable These documents show the importance of the Energy Task Force and why its operations should be open to the public stated Judicial Watch President Tom Fitton MAPS AND CHARTS OF IRAQI OILFIELDS CHENEY ENERGY TASK FORCE http www judicialwatch org 071703 c shtml 1 IraqOilMap PDF http www judicialwatch org IraqOilMap pdf 2 IraqOilGasProj PDF http www judicialwatch org IraqOilGasProj pdf 3 IraqOilFrgnSuitors PDF http www judicialwatch org IraqOilFrgnSuitors pdf 4 UAEOilMap PDF http www judicialwatch org UAEOilMap pdf 5 UAEOilProj PDF http www judicialwatch org UAEOilProj pdf 6 SAOilMap PDF http www judicialwatch org SAOilMap pdf 7 SAOilProj PDF http www judicialwatch org SAOilProj pdf Fair Use Notice This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner We are making such material available in our efforts to advance understanding of environmental political economic democratic domestic and international issues etc We believe this constitutes a fair use of any such copyrighted material as provided for

    Original URL path: http://www.topplebush.com/article4_cheney.shtml (2016-02-13)
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  • Topplebush.com: A premier collection of articles on Bush and his family, past and present, including many articles on his failures as a businessman and as Governor of TX and President
    he Saddam Hussein has reconstituted nuclear weapons Mr Russert the International Atomic Energy Agency said he dose not have a nuclear program we disagree Vice President Cheney I disagree yes And you ll find the CIA for example and other key parts of the intelligence community disagree we know he has been absolutely devoted to trying to acquire nuclear weapons And we believe he has in fact reconstituted nuclear weapons I think Mr ElBaradei Director of the IAEA frankly is wrong Contrary to what Cheney and the NIE said the most knowledgeable analysts those who know Iraq and nuclear weapons judged that the evidence did not support that conclusion They now have been proven right Adding insult to injury those chairing the NIE succumbed to the pressure to adduce the known forgery as evidence to support the Cheney line and relegated the strong dissent of the State Department s Bureau of Intelligence and Research and the nuclear engineers in the Department of Energy to an inconspicuous footnote It is a curious turn of events The drafters of the offending sentence on the forgery in president s state of the union speech say they were working from the NIE In ordinary circumstances an NIE would be the preeminently authoritative source to rely upon but in this case the NIE itself had already been cooked to the recipe of high policy Joseph Wilson the former US ambassador who visited Niger at Cheney s request enjoys wide respect including like several VIPS members warm encomia from your father He is the consummate diplomat So highly disturbed is he however at the chicanery he has witnessed that he allowed himself a very undiplomatic comment to a reporter last week wondering aloud what else they are lying about Clearly Wilson has concluded that the time for diplomatic language has passed It is clear that lies were told Sad to say it is equally clear that your vice president led this campaign of deceit This was no case of petty corruption of the kind that forced Vice President Spiro Agnew s resignation This was a matter of war and peace Thousands have died There is no end in sight Recommendation 1 We recommend that you call an abrupt halt to attempts to prove Vice President Cheney not guilty His role has been so transparent that such attempts will only erode further your own credibility Equally pernicious from our perspective is the likelihood that intelligence analysts will conclude that the way to success is to acquiesce in the cooking of their judgments since those above them will not be held accountable We strongly recommend that you ask for Cheney s immediate resignation The Games Congress Plays The unedifying dance by the various oversight committees of the Congress over recent weeks offers proof if further proof were needed that reliance on Congress to investigate in a non partisan way is pie in the sky One need only to recall that Sen Pat Roberts Chair of the Senate Intelligence

    Original URL path: http://www.topplebush.com/article5_cheney.shtml (2016-02-13)
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  • Topplebush.com: A premier collection of articles on Bush and his family, past and present, including many articles on his failures as a businessman and as Governor of TX and President
    engineering and construction companies in the world including besides Halliburton and Bechtel Fluor the Parsons Group Schlumberger and Foster Wheeler Among those companies only Fluor and Parsons have indicated so far that they plan to make bids by the Aug 14 deadline A winner will be announced by Oct 15 according to the Corps of Engineers At the meeting and in the initial request for proposals the Corps of Engineers put forth what the industry calls an indefinite quantity indefinite delivery contract Industry executives said they were told there could in fact be two principal contracts one for the oil industry in northern Iraq and the other for the south The value of each contract could range from 500 000 to 500 million over several years according to the Corps of Engineers which cited the continued instability in Iraq as a reason for keeping the terms so vague A transcript of the July meeting shows that bidders were concerned even then that Halliburton would have a competitive advantage over other companies because it was already working with the Corps of Engineers in Iraq and helping to assess the repairs needed at oil production sites and pipelines after the war and years of an economic embargo The corps denied that such a conflict of interest existed according to the transcript Over the last three weeks however the Corps of Engineers has provided additional information to bidders indicating that by the July meeting it and Halliburton already had a fairly clear understanding of the scope and financial value of the work to be done and the timetable for completing it The newly released information indicates that a week before the Dallas meeting the Corps of Engineers and Halliburton participated in a large workshop in Baghdad that also included representatives of the Iraqi oil ministry and the ruling Coalition Provisional Authority to draw up a detailed plan for rebuilding much of the Iraqi oil industry by the end of March 2004 A week ago the Corps of Engineers Web site carried an amendment to the contract proposal saying that 220 projects mostly at installations above the ground must be completed for Iraq s oil production to reach prewar levels The projects are divided into three phases with a total estimated cost of 1 14 billion But the corps notes in the plan that the first two phases which together would require about 967 million in investments would have to be completed by Dec 31 Halliburton s competitors worry that if the winner of the new contracts is not announced until Oct 15 that company could not even begin the work before year s end The only company that could do the work based on that timetable is Halliburton its competitors say Only the third and final phase worth about 176 million and requiring the work to be completed by March 31 could realistically be performed by a Halliburton competitor its rivals say The feeling at our company was Yes Halliburton is the incumbent

    Original URL path: http://www.topplebush.com/article6_cheney.shtml (2016-02-13)
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  • Topplebush.com: A premier collection of articles on Bush and his family, past and present, including many articles on his failures as a businessman and as Governor of TX and President
    continues to weigh on its results with a 173m pre tax loss on the project in the second quarter of 2003 Nonetheless the results this past quarter included a foreign exchange gain of 19m because of a significant strengthening of the British pound against the US dollar during the period We expect earnings per share from continuing operations for the third quarter to be at least 32 cents per share excluding any impact of the proposed asbestos settlement David Lesar Halliburton chairman president and chief executive said The company s ECG revenues increased 23 per cent with government services more than doubling mainly because of activity in Iraq Nonetheless ECG recorded an operating loss of 148m narrower than the loss of 450m in the year earlier quarter vThat was because Halliburton had taken a 330m asbestos charge in 2002 and this year had recorded heightened activity in Iraq Halliburton ended the second quarter with cash and equivalents of 1 9bn up from 1 1bn at the end of 2002 Fair Use Notice This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner We are making such material available in our efforts to advance understanding of environmental political economic democratic domestic and international issues etc We believe this constitutes a fair use of any such copyrighted material as provided for in section 107 of the US Copyright Law In accordance with Title 17 U S C Section 107 the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes For more information go to http www law cornell edu uscode 17 107 shtml If you wish to use copyrighted material from this site for purposes of

    Original URL path: http://www.topplebush.com/article7_cheney.shtml (2016-02-13)
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  • Topplebush.com: A premier collection of articles on Bush and his family, past and present, including many articles on his failures as a businessman and as Governor of TX and President
    operations and the asbestos issue according to Halliburton officials and public documents Responding to questions about the letter Halliburton s chief legal officer Les Coleman said that Dresser did not inform Halliburton about the letter until after the merger was completed in September 1998 He added We believe Halliburton should have been informed about the letter Mr Bradford who served alongside Mr Cheney as Halliburton s chairman after the merger and left the company in early 2000 referred questions about whether he had shared the letter with Mr Cheney to Halliburton The adequacy of each company s due diligence remains in dispute Former oil executives involved in the merger said that the two companies did not look that closely at the other s operations because they felt so comfortable with each other Others described the due diligence process as thorough Wendy Hall a Halliburton spokeswoman defended the company s handling of the asbestos issue The asbestos litigation environment deteriorated after 1998 in an extent we did not anticipate she said so it s easy to second guess everything now Mary Matalin the counselor to the vice president said the merger was widely acclaimed by the industry and the markets and like all major acquisitions was subject to enormous due diligence by highly qualified subject matter experts Mr Coleman Halliburton s lawyer said that Mr Cheney was aware that the due diligence review included asbestos liabilities Mr Coleman declined to discuss the exact nature of that review In 1998 Halliburton s asbestos liabilities involved a few thousand claims and it inherited 66 000 more with the acquisition of Dresser Still while Mr Cheney and his board warned shareholders during the merger of the potential peril from issues as diverse as political instability in Algeria and the year 2000 computer software problems asbestos was not cited as a risk It was mentioned only in a footnote in Dresser s annual report that deemed the matter immaterial Since asbestos had bankrupted almost two dozen companies by 1998 business experts said asbestos should have been a red flag issue for any chief executive But they also said it was hard to pass judgment on the adequacy of Halliburton s due diligence into the issue without knowing more details There s plenty of evidence that people C E O s and boards in particular do not look as closely into their acquisitions as they should said Steven N Kaplan a finance professor at the University of Chicago s Graduate School of Business In this case he added what you don t know is how closely they looked at the asbestos risk Halliburton s review of asbestos business experts said would likely have examined how well Dresser had insulated itself from the problems of its former unit as well as the past experience of both companies in settling asbestos claims In those regards the signals were mixed On the one hand Halliburton and Dresser believed they had adequate insurance coverage and the companies had settled previous

    Original URL path: http://www.topplebush.com/article8_cheney.shtml (2016-02-13)
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