The Peach

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Wednesday, September 29, 2004

Dick's Lemonade Stand

After months of denying any financial interest, a recent New York Times article has shown that Dick "you've got to pick a pocket or two" Cheney's old company Haliburton has not only received a substantial amount of favoritism from this administration, but that Dick himself is squeezing a little extra lunch money for himself. It seems that since the Bush/Cheney coup of 2000 Haliburton has rocketed from twenty-second largest military contractor to seventh.

Of course, much of this windfall can be attributed to the war in Iraq and the fact that Haliburton was the first to receive no-bid contracts. In 2003 the Pentagon awarded such a contract to a construction and subsidiary wing of Haliburton. The contract was reported to be worth as much as seven billion dollars. In all fairness, the administration claims that it would have been impractical to have open bids for these contracts because Haliburton already had an established position in Iraq and it would have compromised this country's war plans.

Impractical? What was more impractical then going to war in the first place? And what war plan? This is a war plan?

The article also stated that since becoming vice president elect, Dick has received nearly two million dollars from the company as a deferred bonus and deferred salary, and continues to hold options to buy stock. White House officials claim that Cheney has promised to donate to charity any after-tax profits he made from exercising his stock options.

The Peach wouldn't be surprised if those charities were pro-Bush organizations such as "Catholics against Kerry" and "Security Moms for Bush."


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