Haliburton's profits up 292.9% since start of war.

[Hamlette]

From a short item inside the Times' business section Sunday: "No matter how one feels about this particular conflict, war always has winners and losers -- on both sides." Some "indisputable winners" so far? Defense contractors. Courtesy of the Times, here are six top defense contractors and the percentages by which their profits have increased since 2004: Boeing (37.4 percent), Lockheed Martin (44.2 percent), General Dynamics (19.1 percent), Northrop Grumman (29.2 percent), Raytheon (108.9 percent) and Halliburton (292.9 percent).

http://www.salon.com/politics/war_room/

Added to the $8.8 Billion unaccounted for in Iraq war funds, I'm no longer defensive about being angry. Another generation considered this to be war profiteering and considered it to be the lowest of crimes.

No wonder the GOP wants small government. They know how easy it is to rip it off...big time.

[Missy M]

1. That is obscene, but of course it has nothing to do with...

Cheney being VP, as they keep telling us. The only defense contractor whose profits seem normal is General Dynamics. We go to war so these companies can make hugh profits for causing death and destruction.

[JudyM]

3. We should 1)demand an accounting of Hali & 2)publish Cheney's gains from

the war, based on the volume of his stock ownership.

[Frustratedlady]

2. This needs to be broadcast, far and wide...

to show how obscene this whole situation is. I'm sure the Repubs will have an excuse, but no excuse will excuse Haliburton's greed. AND, that only counts what they recorded. How much wasn't put on the books? Their accounting has always been questionable.

Spread the word.

[G_j]

4. K & R

[mtnester]

5. And that is only the part we know about

Let alone the BILLIONS of missing moolah

[havocmom]

6. profits up 292.9% ! Heckova job, Cheney! Check's in the mail, AGAIN.

K & R

Not about terrorist, WMD or democracy on the march...
It's all about the money!
and finding ways to funnel it from the people to the corporations.

[Ecumenist]

7. last time I checked.....

This was called war profiteering..... Just musing

[Coexist]

8. K & R

[gollygee]

9. Well they've been doing hard work!

someone's got to make money off this!!

:sarcasm:

[Bozita]

10. Profits will jump again when the asbestos forgiveness bill passes

The Dresser thing.

[Raffi Ella]

11. Nice

And yet these christians and Bush supporters still don't see them for what they are.The Abramoff emails are a 'fly on the wall' view of what this entire administration is all about;They talked about Christians as wackos and how easily manipulated /tricked they are while they made millions off them and yet still!They support BushCo.

How STUPID these people are that support these bastards.You gotta be some kind of Stupid not see that you are being manipulated,USED and LAUGHED at by them.



God help you when you see JUST HOW USED YOU'VE BEEN & HOW STUPID YOU ARE freeps.




Pray for the Soldiers.Pray that we will get them home and out of harms way despite the millions being made off them.

[AuntiBush]

12. What a Disgrace!

And that's just what's being reported. Mind boggling.

[jrw14125]

13. NO, up 292.9% since ***2004*** !

[Selteri]

17. Oh wait Holy SH***!!! NT

[Canuckistanian]

14. Just a coincidence, nothing to see here

I heard they started making people pay 25c for coffee. It adds up over time.

[WhiteTara]

15. This is the real Mission Accomplished n/t

[Selteri]

16. Most of them can be explained by increases in business...

Raytheon's can sort of be understood considering the electronics they are developing.... Helliburnin though... their profits are so outragious it's not even funny.

[edbermac]

18. Not a bad investment for 2200+ soldiers killed...

:sarcasm:

[Initech]

19. Doesnt anyone find that even remotely suspicious?

The White House: Now a wholly owned subsidiary of Halliburton, Inc.

[borlis]

20. This absolutely sickens me!!!!

My repuke next door neighbor told me a couple of months ago that he has 4000 shares of Halliburton! We agree to disagree when we discuss anything political. When I told him how terrible it was that they got all the no bid contracts and Cheneys involvement, he told me "Well, someone's got to clean up over there." He will NEVER GET IT! Not that I expect him to (he's a lifelong kool-aid drinker and thinks Bush is doing a great job.

[Beelzebud]

21. Remember when war profiteering was frowned upon?

I don't either. They got rid of those standards long before my generation.

If only the nation had took heed in the words of Eisenhower, when he left office and warned of the "growing military industrial complex" that he said was a threat to democracy...

[gasperc]

22. Iraq...one big taxpayer rip off

or how to extract wealth from the average American and funnel it to criminally corrupt and gluttonous war profiteers

[Robeysays]

23. i wish i could make 300% profit...

I'm 19. any of you old timers remember of stuff like this ever happing before, even during WW2?

[FreedRadical]

24. Outrage doesn't express the feeling

this shit is unreal. Then you try to tell the sheeple about this kind of thing and they get pissed and jam their heads deeper io the sand. UNREAL!!!!....

[ClintonTyree]

25. Helliburton....The Lord of War.

I watched that movie last night for the first time. Incredible. I can imagine the bush administration selling arms to both sides involved in a conflict and laughing all the way to the bank. Everyone should watch that movie, it's quite eye opening. Just like Helliburton's insane profits from death and destruction.
Oh, and just because Cheney used to work for them doesn't give them any inside advantage. Really. It doesn't have a thing to do with it. Honest. :sarcasm:

[hopeisaplace]

26. GOP want Small Government (double haha) and MASSIVE Corporations

so they can take their cut of the corporate pie instead.

[serryjw]

27. ..But... But You forgot about the $3 TRILLION

The Pentagon 'missplaced'
quote......
Provocative1
Pentagon"Misplaces"2.3 TRILLION DOLLARS!!!
Wed Jul 7, 2004 19:00
64.12.116.205

US Government "misplaces" $3.3 trillion
Beyond Enron and WorldCom lies a much bigger scandal: the "misplacement" of over $3 trillion of taxpayers' money by the US government. This story hasn’t gone completely unreported. For example, CBS News quoted Donald Rumsfeld as saying, "according to some estimates we cannot track $2.3 trillion in transactions."

According to Catherine Austin Fitts, former Assistant Secretary of Housing and Urban Development (HUD), "total undocumented accounting adjustments <...> for the Department of Defense amount to a whopping $3.3 trillion, or $11,700 for every American." More >

end quote.......
http://www.apfn.net/MESSAGEBOARD/07-07-04/discussion.cgi.24.html

[orleans]

28. what's up with this link you have?

it takes me to an article on salon about cheney & his gun

when i google halliburton 292.2 i get the paragraph on freemarketnews.com
http://www.freemarketnews.com/WorldNews.asp?nid=7484

then on their "click here for the full story" it links me back to your post here on DU.

what is this circular linking thing?

i'm trying to read the article about this.

where is it?

link please

on edit: never mind. found it. here's the link from new york times:
http://www.nytimes.com/2006/02/12/business/yourmoney/12count.html?_r=1&oref=slogin

[Brain In Vat]

29. War profiteering

We need to impeach Cheney for war profiteering.  That and
outing a CIA agent.

[stickdog]

30. Bush's folly = Daddy's warbucks. (nt)

[SoCalDem]

31. I almost wish I had invested in them

I just could not live with myself if I had.. I actually have about $30K of discretionary money (a small inheritance), but I prefer to invest in ways that allow me to sleep. I am not a risk taker, so no stocks..banks are good enough for me :)

Let's see.. $30K x 292%=...hmmmmmm.. wow that would have been $87,600.

[Wilms]

32. K&R n/t