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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: JohnM who wrote (35555)	7/31/2002 8:20:20 PM
From: stockman_scott	Respond to of 281500

Hmmm....Cheney's old firm dealt with Iraq... You would think a CEO and former hardline Defense Secretary would pay attention to these details... guardian.co.uk <<...While President Bush has vowed to hunt down corporate wrongdoers, Mr Cheney has noticeably slipped back into the shadows. The "problem" stems from Mr Cheney's five years as chief executive of Halliburton, an oil services company with annual revenues of more than $17bn. He steered the business between 1995 and 2000 before quitting to stand as vice-president. During that time he used his White House experience to win substantial government contracts for Halliburton. To the Bush administration's embarrassment, the US financial watchdog, the securities and exchange commission (SEC), began investigating Halliburton's accounting practices in May. The inquiry centres on an obscure change to the company's accounting policy in 1998 which had the effect of inflating its revenue by $234m over a period of four years. Greed But that was not the only piece of controversy during Mr Cheney's time at the company. It was criticised for dealing with Libya and Iran, the latter now one end of President Bush's "axis of evil". The Washington Post reported two years ago that a Halliburton subsidiary had dealt with Iraq - something that Mr Cheney denied knowing anything about. Nor does Mr Cheney appear to be in any position to take a strong line on the culture of greed and excess that President Bush has lately railed against. When he left Halliburton to take office, Mr Cheney pocketed $36m from cashing in share options and from a generous farewell package. A former defence secretary and widely regarded as providing the diplomatic experience that President Bush lacked in Washington, Mr Cheney is in danger of becoming the administration's greatest liability...>>

To: JohnM who wrote (35555)	7/31/2002 10:21:08 PM
From: LindyBill	Respond to of 281500

a matter of poltical will in which we weigh relative costs. OK, that is fine. I know a lot of people turn cost/benefit in Profit and loss. "Is it profitable to go to war?" is a turnoff for most people. If the Senate testimony continues as it has started, Biden, et al, are going to come down on the side of Invasion, with a lot of quibbles, of course. If that happens, I predict that a lot of the Doves here will then post that 1) We only heard from people who want to go to War. 2) Biden, et al, are in the pocket of "Daddy Warbucks." But, we need the debate, and can look upon the discussion here as a microcosm of the National one. I just reserved "Secret Agent."