President/clown-in-chief Bush says he is sure VP/puppetmaster did nothing wrong as CEO of Halliburton but I’m coming to believe that this will become a very big scandal in the near future. Just how can Bush be sure, I wonder, when the SEC has barely begun it’s investigation. Bush even made his own typically ridiculous nonsense statement at yesterday’s press conference: Whatever the facts are, Mr. Bush asserted, there will be nothing to embarrass Mr. Cheney. Whatever the facts? So, Mr. President (I’d love to ask at his next Q&A), if you don’t know what the facts are, how can you know he did nothing wrong?
MSNBC digs into Cheney’s Sticky Business and how its forced him to be absent from the Bush Administration’s part of the debate on corporate reform. He won’t talk about it, according to his chief political aide: “His view is that it would be a distraction from what he’s trying to get done here.” Regardless, the current Halliburton management claims the Veep was well aware of the issue behind this controversy, a change in accounting practices that made a large difference in how investors perceived the company’s earnings, and he did sign the financial statements. The SEC hasn’t come calling yet (and why not?) but Judicial Watch has filed a private lawsuit and using the rope provided by Republicans in the Paula Jones case may be able to force him to give a deposition.
Robert Dallek, a professor of history at Boston University and the author of a two-volume biography of Lyndon B. Johnson, wrote a letter to the NY Times with historical background on KBR: Some Fight Wars; Others Make Money.
Watch for it, it’s coming. And it won’t be good.