Interesting chart. But the use of a log chart distorts how much the stock has risen. Show it at straight dollar cost and you'll see a soring stock that has exploited our country and its troops with war profiteering.
Boy, I sure wish I had the insider information the White House had when this stock started rising. I wonder why the stock has risen so high? Boy, I just can't see a reason.
A silly graph. Were Halliburton profits tracked when, in a two-year period, they doubled under the Clinton administration?
That's the dirty little secret the anti-Bush league never wants to admit: Halliburton has had no-bid contracts since the 90's under Bill and Hill. The so-called "Bush contract" was simply an extension of an existing contract. They had obscene profits at the government's expense way back then. They were accused of defrauding the government while doing work in Kosovo, during the Clinton presidency. Where was the outcry?
This is selective outrage by people who are either ignorant of, or choose to ignore, Halliburton's history of contractual work for the government.
Fraud? Sure. But -- without forgiving Halliburtion anything -- if we're comparing fraud, let's start by taking a look at the $2 BILLION in fraud in the wake of Hurricane Katrina. Government misspending of our tax dollars is axiomatic.
The contract Halliburton has is a highly-profitable "cost plus" deal, negotiated during the Clinton administration. Why is there no outrage over the perfidy of Bill Clinton?
I don't care who's in the White House or who controls Congress. Massive overcharging and fraud should be prosecuted and eliminated. I certainly don't excuse current bad behavior because someone else also did it. We must insist that our government quit the favoritism and corruption and spend our tax dollars much more wisely. If that was done, we might actually afford and deserve some tax cuts.
Any goober with a brain would have bought the stock back then. Same for other defense and natural resource stocks. I'm basically an idiot, but knew to buy Halliburton, XTO, TXU and a few others. And a few tens of thousand of dollars from a home equity loan turns into $5.6 million. No inside information. Just paying attention with half a brain.
1:08 - check your math, goober. A "few tens of thousand of dollars from a home equity loan" would result in nowhere near $5.6 million. Maybe about $1.5 million would get you $5.6 mill in those stocks but you'd have to have a pretty hefty home to get that kind of equity loan!
Barry, thanks for this blog. It lets folks like me come in here and post. It also allows folks to come in here and use the "f" word,(which personally disgusts me), use bad spelling, (which galls my tail), spew things about Democrats and Republicans, and take pot shots at each other. All for free!
And as for Haliburton, my take on the graph is that the President behind the President (Cheney) will stand before God someday and answer bunches of questions. A friend whose son was in this war, doing oil field service will go to his grave believing that oil was behind this war.
Thanks again for the blog and for the priviledge of posting here.
I'm mighty glad you are a liberal. A conservative would pull every post that didn't match the conservative criteria.
Nah, liberals believe in free speech. Only if it promotes their agenda. Why do all conservative newspapers on college campuses get trashed and conservative speakers get booed and pies thrown at them?
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14 comments:
Let me be the first to wish the Blog a happy first birthday. Way to go, Barry.
Interesting chart. But the use of a log chart distorts how much the stock has risen. Show it at straight dollar cost and you'll see a soring stock that has exploited our country and its troops with war profiteering.
Boy, I sure wish I had the insider information the White House had when this stock started rising. I wonder why the stock has risen so high? Boy, I just can't see a reason.
I wish I knew how to turn a thousand dollars into a hundred thousand dollars on cattle futures.
A silly graph. Were Halliburton profits tracked when, in a two-year period, they doubled under the Clinton administration?
That's the dirty little secret the anti-Bush league never wants to admit: Halliburton has had no-bid contracts since the 90's under Bill and Hill. The so-called "Bush contract" was simply an extension of an existing contract. They had obscene profits at the government's expense way back then. They were accused of defrauding the government while doing work in Kosovo, during the Clinton presidency. Where was the outcry?
This is selective outrage by people who are either ignorant of, or choose to ignore, Halliburton's history of contractual work for the government.
Fraud? Sure. But -- without forgiving Halliburtion anything -- if we're comparing fraud, let's start by taking a look at the $2 BILLION in fraud in the wake of Hurricane Katrina. Government misspending of our tax dollars is axiomatic.
The contract Halliburton has is a highly-profitable "cost plus" deal, negotiated during the Clinton administration. Why is there no outrage over the perfidy of Bill Clinton?
Let's hear the chorus of yeah-but's.
I don't care who's in the White House or who controls Congress. Massive overcharging and fraud should be prosecuted and eliminated. I certainly don't excuse current bad behavior because someone else also did it. We must insist that our government quit the favoritism and corruption and spend our tax dollars much more wisely. If that was done, we might actually afford and deserve some tax cuts.
Blog's first birthday? You mean I've been reading barry's thoughts for a year? Damn
http://www.halliburtonwatch.org/
Notice how it starts to rise leading up to and during the Iraq war. Things that make you go hmmmm.........fuckers.
Any goober with a brain would have bought the stock back then. Same for other defense and natural resource stocks. I'm basically an idiot, but knew to buy Halliburton, XTO, TXU and a few others. And a few tens of thousand of dollars from a home equity loan turns into $5.6 million. No inside information. Just paying attention with half a brain.
1:08 - check your math, goober. A "few tens of thousand of dollars from a home equity loan" would result in nowhere near $5.6 million. Maybe about $1.5 million would get you $5.6 mill in those stocks but you'd have to have a pretty hefty home to get that kind of equity loan!
Anon 1:58. He uses the same math or insider trading technique that Hillary uses. Yo Yo Yo, Sup Kingphish?
Barry, thanks for this blog. It lets folks like me come in here and post. It also allows folks to come in here and use the "f" word,(which personally disgusts me), use bad spelling, (which galls my tail), spew things about Democrats and Republicans, and take pot shots at each other. All for free!
And as for Haliburton, my take on the graph is that the President behind the President (Cheney) will stand before God someday and answer bunches of questions. A friend whose son was in this war, doing oil field service will go to his grave believing that oil was behind this war.
Thanks again for the blog and for the priviledge of posting here.
I'm mighty glad you are a liberal. A conservative would pull every post that didn't match the conservative criteria.
Nah, liberals believe in free speech. Only if it promotes their agenda. Why do all conservative newspapers on college campuses get trashed and conservative speakers get booed and pies thrown at them?
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