Cheney’s Halliburton Stock Rose Over 3000 Percent Last Year

A cool 3000% interest from a company that takes money from the taxpayer.

Can any of the readers think why Halliburton (a company that profits from war and oil) would wish to reward the Vice-President.



Vice President Dick Cheney’s stock options in Halliburton rose from $241,498 in 2004 to over $8 million in 2005, an increase of more than 3,000 percent, as Halliburton continues to rake in billions of dollars from no-bid/no-audit government contracts.

An analysis released by Senator Frank Lautenberg (D-NJ) reveals that as Halliburton’s fortunes rise, so do the Vice President’s. Halliburton has already taken more than $10 billion from the Bush-Cheney administration for work in Iraq. They were also awarded many of the unaccountable post-Katrina government contracts, as off-shore subsidiaries of Halliburton quietly worked around U.S. sanctions to conduct very questionable business with Iran (See Story #2). “It is unseemly,” notes Lautenberg, “for the Vice President to continue to benefit from this company at the same time his administration funnels billions of dollars to it.”