|10-03-2004, 09:10 PM||#1|
Don't Argue With Me
Join Date: Jan 2004
Location: Austin, TX
FactCheck.org: Kerry Ad False On Cheney/Halliburton
A Kerry ad implies Cheney has a financial interest in Halliburton and is profiting from the company's contracts in Iraq. The fact is, Cheney doesn't gain a penny from Halliburton's contracts, and almost certainly won't lose even if Halliburton goes bankrupt.
The ad claims Cheney got $2 million from Halliburton "as vice president," which is false. Actually, nearly $1.6 million of that was paid before Cheney took office. More importantly, all of it was earned before he was a candidate, when he was the company's chief executive.
A Kerry ad released Sept 17 once again attacks Cheney's ties to Halliburton, implying that Cheney is profiting from the company's contracts in Iraq. That's false.
The ad isn't subtle. It says, "As vice president, Dick Cheney received $2 million from Halliburton. Halliburton got billions in no bid contracts in Iraq. Dick Cheney got $2 million. What did we get?" And it implies that Cheney lied to the public when he said in a TV interview that "I have no financial interest in Halliburton of any kind."
But as we document here, Cheney has insulated himself financially from whatever might happen to Halliburton. The Kerry ad misstates the facts.
To start, the $2 million figure is wrong. It is true that Cheney has received just under $2 million from Halliburton since his election, but nearly $1.6 million of that total was paid before Cheney actually took office on Jan. 20, 2001. Saying Cheney got that much "as vice president" is simply false.
We asked Cheney's personal attorney to document that, and he did, supplying several documents never released publicly before:
A Halliburton pay statement dated Jan 2, 2001 shows just under $147,579 was paid that day as "elect defrl payou," meaning payout of salary from the company's Elective Deferral Plan. That was salary Cheney had earned in 1999, but which he had chosen previously to receive in five installments spread over five years.
Another pay statement dated Jan. 18 shows $1,451,398 was paid that day under the company's "Incentive Plan C" for senior executives. That was Cheney's incentive compensation -- bonus money -- paid on the basis of the company's performance in 2000. Cheney had formally resigned from the company the previous September to campaign full time, but the amount of his bonus couldn't be calculated until the full year's financial results were known.
Cheney's personal financial disclosure forms, together with the pay statements just mentioned, show that Cheney has received $398,548 in deferred salary from Halliburton "as vice president." And of course, all of that is money he earned when he was the company's chief executive officer. Cheney was due to receive another payment in 2004, and a final payment in 2005.
The Kerry ad isn't the only place the false $2 million figure appears. The Democratic National Committee also gets it wrong on their website. The dates of the Halliburton payments don't appear on Cheney's personal financial disclosure form from 2001, and the DNC assumed -- incorrectly as we have shown -- that all the 2001 payment were made after he took office.
Of course, I'm only too glad to see the Democrats waste their funny money attacking the boogeyman of a vice president as if anyone but the DNC Kool-Aid crowd is going to base their vote on how the Vice President was paid. I guess their lies against Bush weren't working so now they are switching to the Veep.
Too bad the Kerry campaign hasn't one positive idea to stand on, only negativity and meanness. Hate is not a campaign platform. Better offer the voters something positive or keep pissing on the sidelines for another four years.
|10-03-2004, 09:24 PM||#2|
Join Date: Apr 2001
CHENEY ENERGY TASK FORCE DOCUMENTS FEATURE MAP OF IRAQI OILFIELDS
Commerce & State Department Reports to Task Force Detail Oilfield & Gas Projects, Contracts & Exploration
Saudi Arabian & UAE Oil Facilities Profiled As Well
(Washington, DC) Judicial Watch, the public interest group that investigates and prosecutes government corruption and abuse, said today that documents turned over by the Commerce Department, under court order as a result of Judicial Watch’s Freedom of Information Act (FOIA) lawsuit concerning the activities of the Cheney Energy Task Force, contain a map of Iraqi oilfields, pipelines, refineries and terminals, as well as 2 charts detailing Iraqi oil and gas projects, and “Foreign Suitors for Iraqi Oilfield Contracts.” The documents, which are dated March 2001, are available on the Internet at: www.JudicialWatch.org.
The Saudi Arabian and United Arab Emirates (UAE) documents likewise feature a map of each country’s oilfields, pipelines, refineries and tanker terminals. There are supporting charts with details of the major oil and gas development projects in each country that provide information on the projects, costs, capacity, oil company and status or completion date.
Judicial Watch has been seeking these documents under FOIA since April 19, 2001. Judicial Watch was forced to file a lawsuit in the U.S. District Court for the District of Columbia (Judicial Watch Inc. v. Department of Energy, et al., Civil Action No. 01-0981) when the government failed to comply with the provisions of the FOIA law. U.S. District Court Judge Paul J. Friedman ordered the government to produce the documents on March 5, 2002.
The documents were produced in response to Judicial Watch’s on-going efforts to ensure transparency and accountability in government on behalf of the American people. Judicial Watch aggressively pursues those goals by making FOIA requests and seeking access to public information concerning government operations. When the government fails to abide by these “sunshine laws” Judicial Watch files lawsuits in order to obtain the requested information and to hold responsible government officials accountable.
“These documents show the importance of the Energy Task Force and why its operations should be open to the public,” stated Judicial Watch President Tom Fitton.
click here to see maps: http://www.judicialwatch.org/071703.c_.shtml
|10-03-2004, 09:28 PM||#3|
Join Date: Oct 2001
Location: The Backside of the Internet
You ever think that maybe, just maybe those oil fields were protected for more than just our greedy oil executives? That just maybe, the world didnt want to see hundreds of burning oil wells polluting the atmosphere again?
|10-03-2004, 09:33 PM||#4|
Join Date: Apr 2001
Why didn't cheney release some of the meeting notes until sued? Or are you telling me judge scalia (the pro orgy judge) and cheney on a duck hunting trip didn't discuss this case?
Or are you going to tell me how no one who is a republican would break the law, or how anyone in power would it exert it for personal gain?
Or would you like to go over how the PNAC report on "defending american" (Sept 2000) dictated how the natural rescources of iraq could help supplement the 'war on terror'?
I am amazed at how partisan people allow the **** to slide for their side.
Seriously, this country is going down the ****ter and it's people that don't care that are to blame.
Now are you part of the problem or solution alec?
Personally i don't care, you have to answer that for yourself.
But save us some time and just admit if you are partisan, and don't care what 'your' team does to **** everyone over.