In an earlier post, I made a slight reference to the obscene profits our vice “president” is quietly pocketing—what earlier Congresses have quaintly referred to as “war profiteering”—without elaborating further on this ugly topic. To wit:
Before the Iraq War began, Halliburton was 19th on the U.S. Army’s list of top contractors and zoomed to number 1 in 2003. In 2003, Halliburton made $4.2 billion from the U.S. government. Cheney stated he had “severed all my ties with the company, gotten rid of all my financial interest.”
In 2005, Sen. Frank Lautenberg (D-NJ) said Cheney’s stock options [were] worth $241,498 the year before and were valued at more than $8 million in 2005—an increase of 3,281%. Cheney receives a deferred salary from the company—$205,298 in 2001; $162,392 in 2002; $178,437 in 2003; and $194,852 in 2004.
More here.
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