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Octafish

(55,745 posts)
3. Dick Cheney pioneered the piratization process at the Pentagon...
Sat Feb 7, 2015, 10:35 AM
Feb 2015

Mr. Other Priorities' main qualifications for Secretary of Defense seems to have been his voting record in support of War Inc. History unmentioned in the Corporate Owned News:



Cheney's Multi-Million Dollar Revolving Door

News: As Bush Sr.'s secretary of defense, Dick Cheney steered millions of dollars in government business to a private military contractor -- whose parent company just happened to give him a high-paying job after he left the government.

By Robert Bryce
Mother Jones
August 2, 2000

EXCERPT...

In 1992, the Pentagon, then under Cheney's direction, paid Texas-based Brown & Root Services $3.9 million to produce a classified report detailing how private companies -- like itself -- could help provide logistics for American troops in potential war zones around the world. BRS specializes in such work; from 1962 to 1972, for instance, the company worked in the former South Vietnam building roads, landing strips, harbors, and military bases. Later in 1992, the Pentagon gave the company an additional $5 million to update its report. That same year, BRS won a massive, five-year logistics contract from the US Army Corps of Engineers to work alongside American GIs in places like Zaire, Haiti, Somalia, Kosovo, the Balkans, and Saudi Arabia.

After Bill Clinton's election cost Cheney his government job, he wound up in 1995 as CEO of Halliburton Company, the Dallas-based oil services giant -- which just happens to own Brown & Root Services. Since then, Cheney has collected more than $10 million in salary and stock payments from the company. In addition, he is currently the company's largest individual shareholder, holding stock and options worth another $40 million. Those holdings have undoubtedly been made more valuable by the ever-more lucrative contracts BRS continues to score with the Pentagon.

Between 1992 and 1999, the Pentagon paid BRS more than $1.2 billion for its work in trouble spots around the globe. In May of 1999, the US Army Corps of Engineers re-enlisted the company's help in the Balkans, giving it a new five-year contract worth $731 million.

CONTINUED...

http://www.motherjones.com/news/feature/2000/08/cheney.html



Must've been an awkward time for Sneer, going into the Pentagon where the officers and enlisted personnel could stare at the corrupt draft dodger. Then, of course, an enormous and ongoing series of cash bonuses from Halliburton has long since made that hurtful memory go away.

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Gotta get their minions in there octoberlib Feb 2015 #1
Dick Cheney pioneered the piratization process at the Pentagon... Octafish Feb 2015 #3
As long as there's been war machinery, there's been corruption and greed erronis Feb 2015 #21
''War is a Racket.'' -- Gen. Smedley Darlington Butler, USMC (ret.) Octafish Feb 2015 #28
When you allow capital to rule economic systems fasttense Feb 2015 #39
K&R! marym625 Feb 2015 #2
Citigroup Wrote the Wall Street Giveaway The House Just Approved (MoJo via WillyT) Octafish Feb 2015 #6
yes, I read that marym625 Feb 2015 #13
yes i read that... StoneCarver Feb 2015 #33
You hit the nail on the head marym625 Feb 2015 #34
Great info. RiverLover Feb 2015 #15
Weiss was a fool. Hillary got her money upfront. Scuba Feb 2015 #4
He wasn't counting on Elizabeth Warren noticing. Octafish Feb 2015 #7
Don't forget the relatives of politicians (e.g. Chelsea Clinton and hubby). nt Romulox Feb 2015 #5
Reading that one thread is better than getting an MBA Octafish Feb 2015 #9
Legalized corruption Faryn Balyncd Feb 2015 #8
Word. Octafish Feb 2015 #12
Exactly right. tclambert Feb 2015 #25
and they avoid capital gains tax, according to a tax loophole antigop Feb 2015 #10
Bless their little offshoring hearts. Octafish Feb 2015 #16
It's hard to have any hope. Yes, it's rigged, but I thank you, Octafish, for all of your posts. nt antigop Feb 2015 #26
In Europe, Greece is a perfect example, Wall St, Goldman Sachs to be precise, installed GS People sabrina 1 Feb 2015 #11
Greece has noted it's no hobnailed boot on their face; it's a vampire squid. Octafish Feb 2015 #17
The corruption in Europe is so blatant, the only conclusion to come to as to why it is allowed to sabrina 1 Feb 2015 #19
thank you for bringing this to my attention madokie Feb 2015 #14
Money. Those with a lot of it seem to want a lot, lot, lot more. Octafish Feb 2015 #20
I'm willing to sell, but I'm just a serf. JEB Feb 2015 #18
Remember, our fellow peasant who tape-recorded her fellow SEC Goldman Regulators? Octafish Feb 2015 #27
It going to take more than pitchforks JEB Feb 2015 #32
The government pays bankers to work in the government. Lucky Luciano Feb 2015 #22
I know who knows the answer. In fact, he'd lock up every crook in government. Octafish Feb 2015 #42
Thanks for this information. midnight Feb 2015 #23
Citigroup’s Man Goes to the Treasury Department Octafish Feb 2015 #43
You might enjoy this link that shows discussion between Elizabeth Warren, and Katie Couric. midnight Feb 2015 #51
k & r ND-Dem Feb 2015 #24
Sen. Warren Criticizes Washington-Wall Street 'Revolving Door' Octafish Feb 2015 #46
Kicked Enthusiast Feb 2015 #29
Federal Judge says Corruption is all legal-like now... Octafish Feb 2015 #47
There is a mountain of corruption from sea to shining sea. Enthusiast Feb 2015 #49
This might be the most important post I've read all week BrotherIvan Feb 2015 #30
Uncorrupted Dems don't grow on trees. Enthusiast Feb 2015 #50
k&r. Thanks for posting. nm rhett o rick Feb 2015 #31
Then there's the private company owned by BFEE that the NSA uses to spy on America... Octafish Feb 2015 #53
Great information throughout the thread marym625 Feb 2015 #35
K&R DeSwiss Feb 2015 #36
To the Greatest Page. woo me with science Feb 2015 #37
14 Defining Characteristics Of Fascism blkmusclmachine Feb 2015 #38
Well that's dramatically corrupt Rose Siding Feb 2015 #40
K & R ctsnowman Feb 2015 #41
On top. On top. woo me with science Feb 2015 #44
“It fuels the revolving door between banks and the government...” MrMickeysMom Feb 2015 #45
I can sure understand why critics would call that deferred compensation/government employment Trillo Feb 2015 #48
kick woo me with science Feb 2015 #52
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