Friday, October 29, 2010

Haliburton on the hot seat?

News reports yesterday and today indicate that Haliburton is about to catch its share of the liability for this summer's Gulf of Mexico oil-spill disaster. Faulty materials supplied by the giant firm may have been at fault in the blow-out, these reports suggest. Perhaps Haliburton ultimately will have to give back to us taxpayers some of the billions it made in Iraq.

And how did it get to make all those billions, often through no-bid government contracts? Who knows? I guess it is only a coincidence that Dick Cheney, between his stints as Secretary of Defense under George I and VP under George II,worked for Haliburton and received millions in compensation.

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