Dick Cheney- Corporate Criminal

Cheney & Edwards Mangle Facts
Getting it wrong about combat pay, Halliburton, and FactCheck.org

October 6, 2004

Cheney wrongly implied that FactCheck had defended his tenure as CEO of Halliburton Co., and the vice president even got our name wrong. He overstated matters when he said Edwards voted "for the war" and "to commit the troops, to send them to war." He exaggerated the number of times Kerry has voted to raise taxes, and puffed up the number of small business owners who would see a tax increase under Kerry's proposals.

Edwards falsely claimed the administration "lobbied the Congress" to cut the combat pay of troops in Iraq, something the White House never supported, and he used misleading numbers about jobs.


Cheney: Well, the reason they keep mentioning Halliburton is because they're trying to throw up a smokescreen. They know the charges are false.They know that if you go, for example, to FactCheck.com (sic), an independent Web site sponsored by the University of Pennsylvania, you can get the specific details with respect to Halliburton.

Cheney Plugs FactCheck

Cheney got our domain name wrong -- calling us "FactCheck.com" -- and wrongly implied that we had rebutted allegations Edwards was making about what Cheney had done as chief executive officer of Halliburton.

In fact, we did post an article pointing out that Cheney hasn't profited personally while in office from Halliburton's Iraq contracts, as falsely implied by a Kerry TV ad. But Edwards was talking about Cheney's responsibility for earlier Halliburton troubles. And in fact, Edwards was mostly right.

Edwards on Halliburton: Partial Credit

We can only give Edwards partial credit for his Halliburton attack, however. He implied that Cheney was in charge of the company when it did business with Libya in violation of US sanctions, but that happened long before Cheney joined the company.


Edwards: While he (Cheney) was CEO of Halliburton, they paid millions of dollars in fines for providing false information on their company, just like Enron and Ken Lay.
They did business with Libya and Iran, two sworn enemies of the United States.
They're now under investigation for having bribed foreign officials during that period of time.

Edwards was also slightly off when he said Halliburton paid millions in fines "while he (Cheney) was CEO." What he meant was that it paid fines for matters that took place while Cheney was in charge. And in fact, the Securities and Exchange Commission announced Aug. 3 that Halliburton will pay $7.5 million to settle a matter that dates back to 1998, when Cheney was CEO.

Halliburton failed to disclose a change in its accounting procedures that resulted in making its earnings look better. Cheney himself was not charged with any wrongdoing, however. The SEC said Cheney "provided sworn testimony and cooperated willingly and fully in the investigation."
On other matters, Edwards said Halliburton "did business with Libya and Iran, two sworn enemies of the United States" and is now "under investigation for having bribed foreign officials" while Cheney was CEO.

Iran: Indeed, Halliburton has said it does about $30 million to $40 million in oilfield service business in Iran annually through a subsidiary, Halliburton Products and Services Ltd. The company says that the subsidiary fully complies with US sanctions laws, but the matter currently is under investigation by a federal grand jury in Houston.

Bribery Investigation: U.S. and French authorities currently are investigating whether a joint venture whose partners included a Halliburton subsidiary paid bribes or kickbacks to win a $12 billion construction project in Nigeria.

Libya: Edwards was wrong to include Libya, however. In 1995, before Cheney joined the company, Halliburton pled guilty to criminal charges that it violated the U.S. ban on exports to Libya and said it would pay $3.81 million in fines. Those violations dated back to 1987 and 1990.

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