Carlyle Group, Halliburton Getting Rich Off Iraq War
By Chuck Baldwin
March 28, 2003
Since World War II, dozens of U.S. companies have made a
"killing" from military conflict. President Dwight David
Eisenhower was the first to refer to these companies as the
"military industrial complex." The financial and political clout of
these companies has risen and waned through the years, depending
on who was in power and what the international climate was like.
Whatever one thinks of the morality or necessity of our war in
Iraq, one thing is undeniable: certain well-placed companies are
making millions of dollars off the war. Two companies with close
ties to the Bush and Cheney families that are reaping huge profits
are the Halliburton Company and the Carlyle Group.
The Carlyle Group is so proficient at raking in government
contracts that it is often referred to as the "Ex-Presidents Club."
Some of the West's biggest and most powerful political leaders are
helping to guide Carlyle through the muddy waters of
governmental red tape and are reaping huge benefits in the process.
Carlyle's movers and shakers include such heavyweights as
Former Secretary of State James Baker, Ex-Secretary of Defense
Frank Carlucci, Former President George H.W. Bush, and Former
British Prime Minister John Major. President G.W. Bush has also
held board membership. What is even more fascinating is that the
bin Laden family was an investor in Carlyle.
Carlyle also has direct links to the Saudi royal family and has been
directly involved in training Saudi troops to protect oil fields. It
also helped build Saudi Arabia's national guard from 26,000 to
over 70,000 troops. The link between Carlyle and Saudi Arabia is
so strong that some have called Carlyle a "front" organization for
the Saudi royal family.
Since the September 11 terrorist attacks, the Carlyle Group has
reaped millions of dollars from government contracts on things
such as cleaning up anthrax-infected buildings, including the Hart
Senate Office Building, making X-ray scanners, providing logistics
support to the U.S. military, making metal-bond structures in
fighter jets and missiles, and providing employee background
checks for the government.
Another well-connected company that is greatly profiting from the
Iraq War is Halliburton, a company formerly headed by Vice
President Dick Cheney. A Halliburton subsidiary, Kellogg, Brown
and Root, just received a government contract to extinguish oil
well fires in Iraq. According to Forbes Magazine, no other
company was even allowed to bid on the contract. This contract
alone is worth tens of millions of dollars.
Therefore, while our war in Iraq is costing billions of dollars to
America's taxpayers and is also costing many American families
the ultimate sacrifice of lost sons and daughters, certain well-
connected companies are reaping huge profits and benefits. I
sincerely hope and pray that these connections are merely
circumstantial and not intentional.
© Chuck Baldwin
NOTE:
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