Why Cheney loves torture:
Dick Cheney: The Reasoning of a War Profiteer
''One Percent Reasoning...
“If there is a one percent chance that Pakistani scientists are helping al-Qaeda build or develop a nuclear weapon, we have to treat it as a certainty,” reasoned Cheney back in November 2001, in what is now known as the One Percent Doctrine. It is interesting to imagine what the world would be like if any of our leaders or Soviet leaders reasoned like this during the Cold War. Certainly in the midst of the Cuban Missile Crisis the chances of the Soviets firing a nuclear weapon seemed higher than one percent. But was it a certainty?
This one percent doctrine is not the reasoning of a frenzied leader who cares solely about protecting his country, as Cheney would have people believe, but the reasoning of a war profiteer. Cheney and other Bush administration executives, like Donald Rumsfeld, were directly associated with companies who profited tremendously from the Iraq War, which was launched with this one percent type reasoning that turned out to be false.
Halliburton, the most notorious company to profit off of the Iraq War paid Dick Cheney, former CEO, a generous $34 million dollar exit package when he left to take the honorable role of a public servant. A going away present, similar to the long term incentive plans that Wall Street firms provide employees leaving for a position of influence in the government, like Obama’s latest Treasury Under Secretary nomination, Antonio Weiss. But the revolving door of Wall Street seems tame to the revolving door of war profiteers. Three years after the Iraq War, Halliburton’s stock had risen by 300 percent and it is estimated that the company received around $40 billion dollars worth of contracts from the U.S. government over the past decade, many of the deals given without any bidding. Not bad for a $34 million exit package.
Donald Rumsfeld also made quite the profit selling shares from defense companies like Lockheed Martin and Boeing for tens of millions before he became Defense Secretary. He also refused to sell his shares of Gilead Sciences, where he was Chairman before leaving for the public realm. The company held a a patent for the vaccine Tamiflu, which the Pentagon bought $58 million dollars worth in 2004. Fortunately for Rumsfeld, the Gilead stock, which was $7.45 when he became Defense Secretary and refused to sell, rose to an astonishing $67.45 by the time he left office.''
The profit motive.