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Halliburtonīs Stock Doubles - So Do US Troop Deaths

 
HalliburtonWatch
User ID: 3524
United States
09/24/2005 10:06 PM
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Halliburtonīs Stock Doubles - So Do US Troop Deaths
Halliburtonīs Stock
Doubles - So Do
US Troop Deaths
HalliburtonWatch.org
9-24-5


WASHINGTON -- Since the beginning of the Iraq war, Halliburton, the Texas energy giant once headed by Vice President Dick Cheney, has seen its stock price more than triple in value. When the U.S invaded Iraq in March of 2003, Halliburtonīs stock was selling for $20 per share. The stock price at the close of market activity on Monday was $66.

In the last 12 months, the total number of U.S. service members killed in Iraq almost doubled as Halliburtonīs stock doubled. Halliburtonīs stock rose from $33 per share in September 2004 to $66 yesterday while U.S. deaths in Iraq increased from 1,061 to almost 1900.

Three graphs at this link starkly depict the dramatically similar rise of Halliburtonīs stock price, revenue and U.S. soldiers killed during the past thirty months of war in Iraq.

Halliburtonīs CEO also enjoyed an incredible personal gain from Iraq and the commensurate rise in gasoline prices. A HalliburtonWatch analysis reveals that CEO David Lesarīs stock holdings in Halliburton increased by a stunning $78 million since the Iraq invasion.
As U.S. citizens march on Washington this weekend to protest the 30-month anniversary of the war, a recent poll shows 52 percent of Americans want an "immediate" withdrawal of all U.S. troops from Iraq.

The big money Halliburton has made from the war, along with the widespread belief that the Bush administration lied about Saddam Husseinīs purported weapons of mass destruction, has helped fuel public sentiment supporting the immediate withdrawal of troops from Iraq. Polls show a majority of Americans do not think the war is worth the cost in lives and taxpayersī money.

Halliburton has been the focus of heated criticism from members of Congress and even the Bush administration over its handling of war contracts. Pentagon auditors have issued at least nine reports slamming the companyīs inept and possibly fraudulent accounting system for work in Iraq.

In September 2004, the U.S. military called for the immediate termination of Halliburtonīs most lucrative contract with the Army because of poor performance. Additionally, in January, the U.S. embassy in Iraq threatened to terminate Halliburtonīs contracts because of poor performance. However, both recommendations were ignored by President George W. Bush.

[link to www.halliburtonwatch.org]



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Anonymous Coward
User ID: 690
United States
09/24/2005 10:08 PM
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Re: Halliburtonīs Stock Doubles - So Do US Troop Deaths
HAL was run by Dick and a half Chenney. Is in no wonder? Wait until they get ousted. The short the shit out of it.
Anonymous Coward (OP)
User ID: 3524
United States
09/24/2005 10:08 PM
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Re: Halliburtonīs Stock Doubles - So Do US Troop Deaths
This means that Bush/Cheney and Halliburton can now pay for their own dirty wars.
Anonymous Coward
User ID: 690
United States
09/24/2005 10:08 PM
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Re: Halliburtonīs Stock Doubles - So Do US Troop Deaths
...
Then short the shit out of it.
Anonymous Coward (OP)
User ID: 3524
United States
09/24/2005 10:10 PM
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Re: Halliburtonīs Stock Doubles - So Do US Troop Deaths
WEīVE ALREADY payed with our taxes. WTF should we pay twice? Not to mention that it is OUR blood spilled, not theirs.

Their assets should all be seized and liquidated so they can pay for their Follies.





GLP