Dick Chaney and the Halliburton Agenda

The Education Forum -> : "Another recently published book, The Halliburton Agenda by Dan Briody, provides another reason for the war. The book tells an interesting story.

In 1992 Dick Cheney, head of the US Department of Defence, gave a $3.9m contract (a further $5m was added later) to Kellog Brown & Root (KBR), a subsidiary of Halliburton. The contract involved writing a report about how private contractors could help the Pentagon deal with 13 different “hot spots” around the world.

The KBR report remains a classified document. However, the report convinced Cheney to award a umbrella contract to one company to deal with these problems. This contract, which became known as the Logistics Civil Augmentation Programme (Logcap), was of course awarded to KBR. It is an unique contract and is effectively a blank cheque from the government. KBR makes it money from a built in profit percentage. When your profit is a percentage of the cost, the more you spend, the more you make.

KBR’s first task was to go to Somalia as part of Operation Restore Hope. KBR arrived before the US Army. Over the next few months KBR made a profit of $109.7m. In August 1994 KBR made $6.3m in Rwanda. Later that year they received $150m profit from its work in Haiti. KBR made its money from building base camps, supplying troops with food and water, fuel and munitions, cleaning latrines and washing clothes.

The contract came up for renewal in 1997. By this time Cheney had been appointed as CEO of Halliburton. The Clinton administration gave the contract to Dyncorp. The contract came to an end in 2001. Cheney was now back in power and KBR won back the Logcap contract. This time it was granted for ten years. The beauty of this contract is that it does not matter where the US armed forces are in action, the KBR makes money from its activities. However, the longer the troops stay, the more money it makes.

KBR is now busy in Iraq (it also built the detention cells in Guantanamo Bay). What is more Halliburton was given the contract for restoring the Iraqi oil infrastructure (no competitive bid took place).

Cheney sold his stock options in Halliburton for $30m when he became vice president. He claimed he had got rid of all his financial interests in Halliburton. However, the Congressional Research Service (CRS) discovered that he has been receiving yearly sums from Halliburton: $205,298 (2001), $162,392 (2002), etc. They also found he still holds 433,333 unexercised stock options in Halliburton.

The main difference between a democracy and a military dictatorship is that the freedom of the media ensures that serious political corruption does not take place. Yet, in both the US and the UK, political corruption goes to the heart of the war in Iraq. Thousands of people have been killed in order that a few men could become extremely wealthy. It is the most serious charge one can make against a politician. I believe both Bush and Blair are guilty of this charge. Not only should they be removed from power. They should be sent to prison for a very long time.
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