Word: halliburtons
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...Lamont, the Democratic challenger who faces off against incumbent Joe Lieberman in Tuesday's Connecticut primary, has run into another problem with his multimillion-dollar stock portfolio. Last spring the anti-war candidate had to deal with revelations that he owned up to $50,000 worth of stock in Halliburton, the services giant that has been at the center of controversy over its lucrative post-war contracts in Iraq. And now, only a day after he took Wal-Mart to task at a campaign stop in Bridgeport, a review of his personal financial disclosure forms has revealed that he owns...
...Lieberman's campaign lambasted Lamont for the Halliburton holdings last spring, until it was revealed Lieberman himself owned mutual funds that held stock in the corporate giant. Lieberman spokesperson Steinfels said the Senator has no stock in Wal-Mart, either held directly or in mutual funds. His financial disclosure forms do show mutual funds that continue to hold Halliburton...
...There's music in a lot of the soldiers' videos, but precious little uplift. In "The War Tapes," one soldier/auteur complains frequently about the risks he and his comrades take to protect the property of the Halliburton subsidiary subcontracted to feed the troops: "Why the f--- am I sitting out here guarding a truck full of cheesecake?" he laments. After another guardsman supplies a Bush Administration-approved justification for their presence (freedom and democracy for the Iraqi people, stability in the Middle East), the cameraman asks, "tell me how you really feel." Deadpan, he continues: "After that happens, maybe...
...culture does not change, the necessary work will be contracted out to companies like Halliburton, under the guise that "the private sector is more efficient." We'll all be footing the bill for that...
...times for oil-field-service firms like Schlumberger, whose oil-field revenue is up 34% over last year's first quarter, and high-tech equipment makers like Baker Hughes (up 89%). Rig activity is so strong and demand for energy services so unprecedented, according to Dave Lesar, CEO of Halliburton Co., the Vice President's former outfit, that the oil-field-service conglomerate started raising prices this month. So have others. Oil-drilling ships are renting for $500,000 a day, double the charge of 18 months ago. "The price of oil is a transfer of wealth from the consumers...