Thursday, October 14, 2004

Halliburton: not evil

The facts on Halliburton. Not an evil empire or a government cronie:

It is certainly true that during a two year period Halliburton’s revenue from Defense Department contracts doubled. However, that increase in revenue occurred from 1998 to 2000 - during the Clinton administration.

When Factcheck.org checked the facts about allegations by Democrats that there was a scandal because of the "no-bid" contracts awarded to Halliburton they stated, "It is false to imply that Bush personally awarded a contract to Halliburton. The ‘no-bid contract’ in question is actually an extension of an earlier contract to support U.S. troops overseas that Halliburton won under open bidding. In fact, the notion that Halliburton benefited from any cronyism has been poo-poohed by a Harvard University professor, Steven Kelman, who was administrator of the Office of Federal Procurement Policy in the Clinton administration. ‘One would be hard-pressed to discover anyone with a working knowledge of how federal contracts are awarded...who doesn't regard these allegations as being somewhere between highly improbable and utterly absurd,’ Kelman wrote in the Washington Post last November."

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