Tuesday, October 28, 2003

Don't these people read blogs?

How long have you known that Cheney was receiving "deferred" payments from Halliburton and investing in one of Halliburton's mutual funds companies? I've had links to that information up on my website just about since I started the thing, which was a year ago.

Apparently, the professional media have just found out:

10/24/03:
...This profitable arrangement was found hiding in plain sight last week by investigator Maggie Burns of the Progressive Populist. While the media mandarins were gulping soap, Burns committed the increasingly rare act of journalism by checking out Cheney's financial disclosure forms. These show that Cheney has a minimum of $18 million invested in The Vanguard Group, a leading mutual fund. (Given the deliberately vague, vast ranges of the "disclosure" forms, this nest-egg could be as high as $87 million. We mere mortals are not meant to know).

Vanguard, as it happens, is the 10th-largest shareholder in -- oh, you guessed already! -- Halliburton. The fund owns 7.6 million shares in the firm, worth about $176 million. Thus any government contract that swells Halliburton's bottom line does indeed pour war profits straight into Cheney's bulging bank accounts. No amount of soap can wash away that fact. Meanwhile, five of the other top 10 shareholders in Halliburton have big bucks parked with our old friends The Carlyle Group, where George Bush Sr. hangs out his shingle as a pricey corporate shill (and former bin Laden business partner). So Bush family coffers are definitely not forgotten when Halliburton goes to war.
article

I am amazed at how many things I figure are simply passed up stories come out at some point in the "mainstream" media as "revelations".

Get your information from alternative sources, and check the blogs.

....but hey, do what you want....you will anyway.

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