October 29, 2003
The SPEAKER pro tempore (Mr. GARRETT). Under the Speaker’s announced policy of January 7, 2003, the gentleman from New Jersey (Mr. PALLONE) is recognized for 60 minutes.
Mr. PALLONE. Mr. Speaker, earlier this month Congress approved an $87 billion supplemental for the war and reconstruction efforts in Iraq. While I believe it is critically important that we get our military troops all the resources they need to safely complete their mission in Iraq, I do not support rubber-stamping this legislation so the Bush administration gets a free ride from Congress.
The Bush administration must account for its war strategy. The Bush administration must also answer the tough questions regarding questionable no-bid contracts, contracts that benefit Vice President DICK CHENEY’s former employer, an employer that continues to pay CHENEY hundreds of thousands of dollars each year in deferred salary, contracts that are free of any oversight from Congress.
Yet another 9/11 “Cui bono?” (who profits?) alert: This is almost ancient news by now if anyone was listening, but this is one of the clearest earliest Congressional examinations of rampant corruption in Iraq. It was a typical after hours empty chamber exercise, but the intrepid Marcy Kaptur did get Cheney’s continuing possession of 433,333 Halliburton stock options and his consequent millions in war profits into the public record at last.
Mr. Speaker, right now Halliburton holds a monopoly on Iraq. The company’s no-bid contract was first negotiated in secret and originally intended for… Continue reading