Thursday, March 29, 2007

    Halliburton - I'm Beginning to See The Light

    You know the name Halliburton. You know the link of Dick Cheney as the former CEO of Halliburton. I've always wondered why Democrats kept Halliburton in the spotlight - along with a fa├žade of suspicion and wrong doing. The only think I know about Halliburton is that it's a company that handles big assignments. But why have Democrats saturated our minds with rumors and propaganda and deceptions about a corporation?

    Perhaps to hide the reality of their own corruption. Two examples:
    • Democrat billionaire Oscar Wyatt, a Democrat Houston oil trader, has been indicted along with five others in a scheme to pay Iraqi officials millions of dollars in secret kickbacks under the UN oil-for-food folly. This Democrat as highly outspoken against the invasion into Iraq - with obvious reasons.

      Oil wasn't the only commodity this Democrat was involved with. In the mid 1990s this Democrat supplied GPS navigation systems to the Iraqi military. This Democrat trader had direct access to President Clinton (he's not speaking about it) and heads of foreign countries.

      I'm sure this Democrat was eager for attention to be focused on Halliburton, and he greased his Democratic politician friends to make sure it stayed that way.

    • Democrat Dianne Feinstein, Senator from Mexifornia, rapidly abandoned her responsibilities with the Senate Military Construction Appropriations Subcommittee (MILCON) when a report came out linking her husband's ownership of two major defense contractors receiving BILLIONS of tax payers' dollars in construction contracts - approved and appropriated by her.

      While leading MILCON, Feinstein had ample warning of the medical-care meltdown. But Feinstein was not proactive on veteran's affairs.

      Feinstein abandoned MILCON as her ethical problems were surfacing in the media, and as it was becoming clear that her subcommittee left grievously wounded veterans to rot while her family was profiting from the occupations of Iraq and Afghanistan. It turns out that Blum also holds large investments in companies that were selling medical equipment and supplies and real estate leases-often without the benefit of competitive bidding-to the Department of Veterans Affairs, even as the system of medical care for veterans collapsed on his wife's watch.

      As of December 2006, according to SEC filings and, three corporations in which Blum's financial entities own a total of $1 billion in stock won considerable favor from the budgets of the Department of Defense and the Department of Veterans Affairs:

      Boston Scientific Corporation: $17.8 million for medical equipment and supplies; 85 percent of contracts awarded without benefit of competition.

      Kinetic Concepts Inc.: $12 million, medical equipment and supplies; 28 percent noncompetitively awarded.

      CB Richard Ellis: The Blum-controlled international real estate firm holds congressionally funded contracts to lease office space to the Department of Veterans Affairs. It also is involved in redeveloping military bases turned over to the private sector.
    I'm sure Democrat Senator Dianne Feinstein was eager for attention to be focused on Halliburton and not her and her husband's profiteering operation.

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