20 December 2003

Axis of Avarice

Speaking of marvels of hypocrisy, the U.N.'s books on who dealt with Iraq are not all that shrouded. For example, one of the disgusting companies actually making profits from dealing with the despicable dictator in the 1990s - long after his depravities had become evident to even the less attentive sectors of the world - was, well, golly, look at this, Halliburton. Between 1997 and 2000, while Dick Cheney was CEO of Halliburton, the company sold $73 million worth of oilfield equipment and services to Saddam Hussein.

At least Halliburton was not selling luxury cars to the Baathist elite. Halliburton, the oilfield equipment company, merely kept Saddam Hussein's oil fields pumping, the only thing that allowed the s.o.b. to stay in power. Halliburton cleverly ran its business with Saddam through two of its subsidiaries, Dresser Rand and Ingersoll-Dresser, in order to avoid the sanctions.

Unlike the Germans, the French and the Russians, Halliburton was not punished by the Bush administration for dealing with the dictator. Instead, it got the largest reconstruction contract given by this administration, with an estimated value between $5 billion and $15 billion. And the company got the contract without competitive bidding.



Unbelievable.

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