You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #33: How the Bush Family Makes a Killing from George's Presidency [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 10:24 PM
Response to Reply #9
33. How the Bush Family Makes a Killing from George's Presidency
BFEE's making out OK, too.



How the Bush Family Makes a Killing from George's Presidency

Halliburton scored almost $1.2 billion in revenue from contracts related to Iraq in the third quarter of 2006, leading one analyst to comment: "Iraq was better than expected... Overall, there is nothing really to question or be skeptical about. I think the results are very good."

Very good indeed. An estimated 655,000 dead Iraqis, over 3,000 dead coalition troops, billions stolen from Iraq's coffers, a country battered by civil war - but Halliburton turned a profit, so the results are very good.

Very good certainly for Vice President Dick Cheney, who resigned from Halliburton in 2000 with a $33.7 million retirement package (not bad for roughly four years of work). In a stunning conflict of interest, Cheney still holds more than 400,000 stock options in the company. Why pursue diplomacy when you can rake in a personal fortune from war?

Yet Cheney isn't the only one who has benefited from the Bush administration's destructive policies. The Bush family has done quite nicely too. Just a few examples:

Bush Sr.

Bush's dad has strong connections to the Carlyle Group, a massive private equity investment firm whose Chairman Emeritus is Frank Carlucci, a former college roommate of Donald Rumsfeld's and former Defense Secretary under Ronald Reagan. Imagine the pull Carlucci has with today's White House...

But Carlucci has another secret weapon - Bush Sr. Amid conflict-of-interest allegations, the elder Bush resigned from the Carlyle Group in 2003, but reportedly remains on retainer, opening doors to lucrative profits in the Middle East and elsewhere. Bush Sr.'s specialty is Saudi Arabia; in fact, he was at a Carlyle investment conference with Osama bin Laden's estranged brother, Shafiq bin Laden, when the 9/11 attacks took place.

CONTINUED...

http://www.heatherwokusch.com/index.php?name=News&file=...



It may've been Machiavelli who said: "Use money to gain power; use power to gain money."

Thanks to the H-Bomb, the BFEE takes that to another level.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC