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-   -   War Could Be Big Business for Halliburton (https://gfy.com/showthread.php?t=118691)

directfiesta 03-23-2003 01:56 PM

War Could Be Big Business for Halliburton
 
http://www.reuters.com/newsArticle.j...ryID=243175 5

Ex company of Dick " heart-attack " Cheney....


Sun March 23, 2003 12:04 PM ET
By Carolyn Koo
NEW YORK (Reuters) - When it comes to making money from a war in Iraq, few can match the firepower of the company once headed by Vice President Dick Cheney.

Houston-based Halliburton Co. HAL.N can build roads and bridges and camps for American forces. It can transport personnel and provide other logistics. It can fight any fires Iraqi leader Saddam Hussein might set. And after the war, assuming a U.S. victory, it can help restore Iraq's infrastructure and oil production.

While questions remain over how much the work will boost the company's stock price, Halliburton's KBR engineering and construction division "is basically the 'corps of engineers' to the U.S. military," said Jim Wicklund, an analyst at Banc of America Securities. "It is expected that the occupying army's infrastructure could in large part be supplied by KBR."

At the same time, the company's oilfield services business, which is second only to Schlumberger Ltd. SLB.N , is likely to supply most of the heavy equipment to fight fires that Iraqi forces could set to oil wells and oil fields, as they did in Kuwait during the 1991 Persian Gulf War.

And should the U.S. emerge victorious, Halliburton -- which develops oil fields and drills for oil all over the world -- has the connections and businesses to play a major role in rebuilding Iraq and ramping the nation's oil production capacity back up to pre-1991 Persian Gulf War levels.

"They have the businesses. They have the government relationship already well-established, and, as we all know, Cheney was the CEO, so it makes logical sense," said Denis Walsh, an equity analyst who covers the energy sector for State Street Research and Management.

NO COMMENT ON CONTRACTS

A Halliburton spokeswoman declined to speculate on "what may or may not happen with regards to Iraq."

She referred all queries to the U.S. Department of Defense (DOD) and the U.S. Agency for International Development, which both said that contracts for fighting fires and rebuilding Iraq's infrastructure have yet to be awarded. Neither agency would disclose whether Halliburton had submitted any bids.




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US are asking bids????

Selling the bear's skin before killing it???

candyflip 03-23-2003 01:58 PM

http://www.killerpeach.com/ps825.jpg

FATPad 03-23-2003 02:01 PM

Quote:

Originally posted by directfiesta

US are asking bids????

Selling the bear's skin before killing it???

When should they do it?

If the war ended and the US stood around for a month while it took bids, people would complain that we attacked and had no plan in place to rebuild anything.

Big Monkie 03-23-2003 02:29 PM

Quote:

Originally posted by directfiesta


US are asking bids????

There were/are no bids. The bush cartel has cited "special rules" and said they wanted "firms with a proven track record".
The military industrial complex (ie bush family friends and associates) is going to make many billions from this.

candyflip 03-23-2003 02:30 PM

Quote:

Originally posted by Big Monkie


There were/are no bids. The bush cartel has cited "special rules" and said they wanted "firms with a proven track record".
The military industrial complex (ie bush family friends and associates) is going to make many billions from this.

Just as they have since they started in this game, by helping to fund Hitler's rise to power.

wonton 03-23-2003 02:51 PM

Wow. It looks like some people on this board can actually read and think. Maybe there is hope for humanity yet.

Prescott Bush (grandfather of current Bushie) supplied 50% of Nazi Germany's pig iron WHILE THE US WAS AT WAR WITH NAZI GERMANY. He and his cronies at Union Bank were eventually cited and shut down by the feds.

George H. W. Bush (father of current mini-Bush), while director of CIA, armed Saddam Hussein to the teeth with every type of armanent under the sun, including chemical and biological agents and eventhough Saddam invaded another country (Iran) which led to the deaths of nearly a million people.

When G. H. W. Bush was vice president, he continued to oversee the arming of Iraq even AFTER Saddam supposedly "gassed his own people" (Kurds who invaded Baghdad with the backing of the CIA).

The Bushies and the entire US establishment ALWAYS arms both sides of every conflict. Then they flush some propaganda-false-patriotism shit down the throat of the American people and the people just lap it up.

War is a BUSINESS.

EscortBiz 03-23-2003 02:53 PM

sad but true

its upsetting that its our money that is causing problems that we dont need and we have ZERO say, its outrageus what is going on


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