McCain's Green Economy: Drill, Baby, Drill

THE LIST: McCain & 177 Lobbyists...I Mean Campaign Staff

Posted by Mother Jones on 09/17/08

McCain Attacks Wall Street Greed—While 83 Wall Street Lobbyists Work for His Campaign

In the past few days, as the economic crisis has deepened, Senator John McCain has been decrying the excesses of Wall Street. At a campaign rally in Tampa on Tuesday, he vowed that he and Alaska Governor Sarah Palin, if elected, "are going to put an end to the reckless conduct, corruption, and unbridled greed that have caused a crisis on Wall Street." He noted that the "foundation of our economy...has been put at risk by the greed and mismanagement of Wall Street and Washington."

He blasted CEOs who "seem to escape the consequences." He denounced Wall Streeters who "dreamed up investment schemes that they themselves don't even understand" and who used "derivatives, credit default swaps, and mortgage-backed securities" to try "to make their own rules." He excoriated Fannie Mae and Freddie Mac for gaming the system. And he slammed financial industry lobbyists for misguiding members of Congress. "I can promise you the days of dealing and special favors will soon be over in Washington." On Wednesday morning, after the federal government committed $85 billion to prevent the collapse of the American International Group (AIG) insurance conglomerate, McCain again assailed irresponsible corporate executives. "We need to change the way Washington and Wall Street does business," he proclaimed.

McCain has been quick with fiery, populist-tinged speeches. But one thing has been missing: any acknowledgment that McCain's own campaign has been loaded with the type of people he's been denouncing. (The McCain campaign did not respond to a request for comment; we will update the post if they do.) As Mother Jones previously reported, former Senator Phil Gramm, McCain's onetime campaign chairman, used a backroom maneuver in late 2000 to slip into law a bill that kept credit default swaps unregulated. These financial instruments greased the way to the subprime meltdown that has led to today's economic crisis. Several of McCain's most senior campaign aides have lobbied for Fannie Mae and Freddie Mac. And the Democratic National Committee, using publicly available records, has identified 177 lobbyists working for the McCain campaign as either aides, policy advisers, or fundraisers.

Of those 177 lobbyists, according to a Mother Jones review of Senate and House records, at least 83 have in recent years lobbied for the financial industry McCain now attacks. These are high-paid influence-peddlers who have been working the corridors of the nation's capital to win favors and special treatment for investment banks, securities firms, hedge funds, accounting outfits, and insurance companies. Their clients have included AIG, the newest symbol of corporate excess; Lehman Brothers, which filed for bankruptcy on Monday sending the stock market into a tailspin; Merrill Lynch, which was bought out by Bank of America this week; and Washington Mutual, the banking giant that could be the next to fall. Among these 83 lobbyists are McCain's chief political adviser, Charlie Black (JP Morgan, Washington Mutual Bank, Freddie Mac, Mortgage Bankers Association of America); McCain's national finance co-chairman, Wayne Berman (AIG, Blackstone, Credit Suisse, Fannie Mae, Freddie Mac); the campaign's congressional liaison, John Green (Carlyle Group, Citigroup, Icahn Associates, Fannie Mae); McCain's veep vetter, Arthur Culvahouse (Fannie Mae); and McCain's transition planning chief, William Timmons Sr. (Citigroup, Freddie Mac, Vanguard Group).

When cable news shows air footage of McCain railing against greedy execs and the lobbyists who rig the rules for the benefit of Wall Street dealmakers, there ought to be a crawl beneath him listing these lobbyists. (Talk about a fair and balanced presentation.) Short of that, here's the list of the McCain aides and bundlers who have worked for the high-finance greed-mongers McCain has pledged to take on. So far, it seems, none of them have been cast out of the campaign. If McCain were serious about his outrage, he might throw these money-changers out of his own temple.

Phil Anderson: American Council of Life Insurers, Aetna, AIG, New York Life, MassMutual, VISA

Rebecca Anderson: Aegon, American Council of Life Insurers, Cigna, Barclays, Credit Suisse First Boston, HSBC

Stanton Anderson: The Debt Exchange

David Beightol: Allstate, Amerigroup, Charles Schwab, HSBC

Rhonda Bentz: VISA

Wayne Berman: American Council of Life Insurers, AIG, Americhoice, Shinsei Bank, Blackstone, Carlyle Group, Broidy Capital Management, Credit Suisse Securities, Highstar Capital, VISA, Ameriquest Mortgage, Fannie Mae, Freddie Mac, Fitch Ratings

Charlie Black: JP Morgan, Washington Mutual Bank, Freddie Mac, Mortgage Bankers Association of America, National Association of Mortgage Brokers

Judy Black: Colorado Credit Union League, Genworth Financial, Bay Harbour Management, Merrill Lynch

Kirk Blalock: Credit Union National Association, Financial Executives International, American Insurance Association, Mutual of Omaha, Zurich Financial Service Group, Fannie Mae, Federal Home Loan Bank of San Francisco

Carlos Bonilla: Financial Services Roundtable, Freddie Mac

Christine Burgeson: Citigroup

Mark Buse: Freddie Mac, Goldman Sachs, Manufacturers Life Insurance Company

Nicholas Calio: Citigroup, Managed Fund Association, Fannie Mae, Merrill Lynch, The Investment Company Institute, TIAA-CRE, Securities Industry and Financial Markets Association

Ben Nighthorse Campbell: Amscot Financial Corporation, Community Financial Services Association, Fidelity National Financial

Andrew Cantor: American Insurance Association, Merrill Lynch

Alberto Cardenas: Fannie Mae

James Courter: Goldman Sachs, Donaldson Lufkin & Jenrette, Investment Company Institute, Merrill Lynch

David Crane: Financial Services Roundtable, PriceWaterhouseCoopers, Deloitte & Touche, KPMG, Ernst & Young, Bank of America, Association of Corporate Credit Unions, Freddie Mac

Dan Crippen: Merrill Lynch, National Multi-Housing Council

Arthur Culvahouse: Fannie Mae

Bryan Cunningham: Arch Capital Group

Alfonse D'Amato: AIG, Freddie Mac

Doug Davenport: Federal Home Loan Bank of San Francisco, Goldman Sachs, VISA

Ashley Davis: Prudential Financial, American Financial Group, American Premier Underwriters, Great American Insurance Company

Mimi Dawson: MassMutual

Melissa Edwards: Freddie Mac, National Association of Real Estate Investment Trusts, Access to Capital Coalition

Chris Fidler: American Bankers Association, Milcom Venture Partners, National Association Real Estate Investment Trusts

Samuel Geduldig: American Bankers Association, American Institute of CPAs, America Gains, Berkshire Hathaway, Consumer Bankers Association, Ernst & Young, Financial Services Roundtable, Investment Company Institute, PriceWaterhouseCoopers, Prudential Financial, Sovereign Investment Council, Fidelity Investments, FMR Corp.

Benjamin Ginsberg: Massachusetts Mutual Life Insurance, AIG Technical Services

David Girard-Dicarlo: American Financial Group, American Premier Underwriters

Juleanna Glover Weiss: RJI Capital, American Institute of CPAs, BNP Paribas, Ernst & Young, PriceWaterhouseCoopers

Slade Gorton: Allstate Insurance, Hannan Armstrong Capital

Phil Gramm: UBS Americas

John Green: Laredo National Bank, Alternative Investment Management Association, AIG, Blackstone Group, Carlyle Group, Citigroup, Credit Suisse Group, Fannie Mae, Icahn Associates, FMR Corp., AFLAC, VISA

Janet Grissom: American Institute of CPAs, NYSE, Merrill Lynch

Kristen Gullott: San Diego Credit Union

Kent Hance: Stanford Financial Group, Municipal Capital Markets Group, Inc.

Vicki Hart: American Financial Services Association, Citigroup, Investment Company Institute, Lehman Brothers, Merrill Lynch, New York Stock Exchange, VISA, Carlyle Group, Credit Suisse, Federal Home Loan Bank of Indianapolis, Goldman Sachs, National Association of Government Guaranteed Lenders, Stanford Group, Lloyd's of London, National City Corp.

Richard Hohlt: Capmark Financial Group, Fannie Mae, JP Morgan Chase and Co., Student Loan Marketing Association, Washington Mutual, Guaranty Bank & Trust, Peachtree Settlement Funding, Dime Savings Bank of New York

Gaylord Hughey: Heartland Security Insurance Group

Kate Hull: Credit Union National Association, Fannie Mae, Federal Home Loan Bank of San Francisco, Zurich Financial Services, American Insurance Association, Financial Executives International

James Hyland: American Insurance Association, Seattle Home Loan Bank, Self Help Credit Union, National Association of Bankruptcy Trustees, Merrill Lynch, Mortgage Investors Corp., Federal Home Loan Bank of Indianapolis, Freddie Mac, New York Stock Exchange, Citigroup, VISA

Aleix Jarvis: Credit Union National Association, Fannie Mae, Federal Home Loan Bank of San Francisco, Financial Executives International, Mutual of Omaha, American Insurance Association, Zurich Financial Services

Greg Jenner: American Council of Life Insurers, JG Wentworth, UBS, VISA, PriceWaterhouseCoopers

Frank Keating: American Council of Life Insurers

Steven Kuykendall: California Bankers Association

William Lesher: Chicago Mercantile Exchange, Commerce Ventures, Rabobank International

Thomas Loeffler: Citigroup, Fannie Mae, Investment Company Institute, World Savings and Loan Association, United Services Automobile Association (USAA)

Kelly Lugar: RJI Capital Strategies

Peter Madigan: Arthur Andersen, Bank of New York, Broadridge Securities Processing, Charles Schwab, Deloitte and Touche, Goldman Sachs, International Employee Stock Option Coalition, Mastercard, NYSE, Fannie Mae, Merrill Lynch, PNC Bank

Mary Mann: MassMutual

Paul Martino: Morgan Stanley, Baker Tilly

Jana McKeag: Venture Catalyst

Alison McSlarrow: Fannie Mae, Hartford

Mike Meece: Georgetown Partners

David Metzner: Ernst & Young, Harbinger Capital Investments, Prudential, Public Financial Management, Western Union

Susan Molinari: Freddie Mac, American Land Title Association, Association of Consumer Credit Unions, Beacon Capital Partners, College Loan Corp, Coventry First, E-Trade, Financial Services Roundtable, Rent-A-Center

John Moran: Cerberus Capital Management, American Council of Life Insurers, Accenture

John Napier: Freddie Mac

Susan Nelson: AIG, San Antonio Credit Union

Paul Otellini: Ernst & Young, Financial Services Forum

Steve Perry: Charles Schwab, Hoover Partners, HSBC, National Stock Exchange

Nancy Pfotenhauer: American Land Title Association, Mortgage Bankers Association

Elise Pickering-Finley: Credit Suisse, DE Shaw, Hartford Financial Services, Research In Motion, Retail Industry Lenders Association, URL Mutual

James Pitts: Advanced Association for Life Underwriting, AETNA, American Council of Life Insurers, AIG, Council of Insurance Agents and Brokers, Debt Advisory International, Financial Services Coordinating Council, GE Financial Assurance, Hartford Life, Jefferson Pilot Financial, Kenwood Investments, MassMutual, Mutual of Omaha, New York Life, UNUM Provident, VISA, PMI Group

Tim Powers: AP Capital, Genworth Financial, Retail Industry Lenders Association, E-LOAN, General Electric Mortgage Insurance

Walter Price: Wachovia

Sloan Rappoport: Friedman, Billings, Ramsey Group, Inc. (FBR), Trafelet Delta Funds

Hans Rickhoff: Capital One, Investment Company Institute, United Services Automobile Association (USAA)

Kathleen Shanahan: New York Stock Exchange

Andrew Shore: Accenture, Retail Industry Lenders Association, Barclays, Bond Market Association, Credit Suisse, TPG Capital

Katie Stahl: Alliance for Investment Transparency, Ares Management, Fairfax Financial Holdings, Uhlmann Financial Group

Milly Stanges: TIAA-CREF

Aquiles Suarez: Fannie Mae

Don Sundquist: Freddie Mac, The Hartford

Peter Terpeluk: JP Morgan Chase, Ernst & Young, Prudential

Fred Thompson: Equitas

Jeri Thompson: American Insurance Association

John Timmons: National Association of Federal Credit Unions

William Timmons Sr.: American Council of Life Insurers, Citigroup, Dun & Bradstreet, Freddie Mac, Vanguard Group

Vin Weber: Agstar Financial Services, AKT Investment Corp., American Institute of CPAs, Ernst & Young, Freddie Mac, Louis Dreyfus Corp, PriceWaterhouseCoopers

Jeffery Weiss: JP Morgan

Tony Williams: Russell Investment Group, American Life Inc., Northwestern Mutual

— David Corn, Jonathan Stein, and Nick Baumann

McCain Ads Fact Check

PALIN AIP WELCOME

And the founder of the Alaskan Independence Party...Joe Volger:

"I'm an Alaskan, not an American. I've got no use for America or her
damned institutions. The fires of hell are glaciers compared to my hate for
America and her government".

Why would you "welcome" and "God bless" such an anti-American organization? Can you say "Reverand Write"? Yes, you can and it's all on the table, but in this case, it's a neo-conservative white woman, so I'm sure at least conservatives will be very forgiving of her association with this party whose motto is "Alaska First...Alaska Always." We must be discerning of what is "anti-American" sentiment. McCain/Palin's slogan is "Country First"...which country?

"QUEER" QUOTES: McCain Campaign Manager, Rick Davis

September 2, 2008 - “This election is not about issues [?????!!!!],” Davis said. “This election is about a composite view of what people take away from these candidates.” Maverick...riiiiiiiiiiight....

GET REAL: WHY WAS THERE AN IRAQ VETERAN PROTESTING McCAIN'S RNC SPEECH?

I'll tell you why! Why would they respect a man who has supported a WAR OCCUPATION in which they've given their lives and limbs, that was devised by neo-conservatives in league with oil giants and war profiteers, bent on getting their greedy hands on Iraq's land and resources, while privatizing the US GOVERNMENT through no-bid contracts that used to be run by the military at controlled costs? They wouldn't and shouldn't, and neither should we.

I DO respect SOLDIERS who ARE DOING THEIR JOB...up to a point. It's time for America, including military servicemen to research the voting records first hand and pay attention to what candidates SAY and how that translates into their legislative ACTIONS. Indeed, lets support our troops and vote for a president who will do the same. Here are links to the ratings from the top war veterans organizations and their ratings on McCain and their ratings on Obama in their support of legislation that actually addresses veterans best interests, as well as their ACTUAL votes on various legislation in the last few years, on which I will go into detail further down.

A family acquaintance actually sent me the video above and in response to the McCain and Obama ratings I sent him he wrote: "AND...let us both remember...Senator McCain has voted more extensively on bills before the Senate than Senator Obama has...so no matter what his 'grade' is...in my book, Hussein Obama is still just the freshman junior Senator from Illinois...with limited practical world experience. Senator McCain is just another POW Vietnam vet that has served his country in and out of the Congress for the last 40 years." Then why is it that since 2002 McCain has voted down 17 pieces of legislation that would have supported our troops before, during and after serving? How is it that in only TWO years Obama has supported 16 pieces of legislation that would have supported our troops before, during and after serving?

Beyond our family aquaintence's blatant racism, using Obama's middle name as if it MEANS something, this is all that is disturbingly wrong with 1/3rd of Americans and the way they educate themselves and vote. This man ACTUALLY expects me to believe that I should throw out REASON! That when it comes down to my actual welfare I should choose "experience" over "substance," even if it means voting against my own welfare and that of family. Even if it means supporting a man who says he supports the troops and then screws them at every turn. He suggests that regardless of the abysmal ratings that Veterans organizations have given McCain and despite his voting against the best interests of our military and the American people, that his being tortured and being in Congress for 40 years somehow makes all his anti-troop voting okay. I will no more support McCain because he's a 40 year politician who was tortured, than I will support an abusive father because he's been a father for 40 years.

I have dedicated 12 years my life to working with marginalized, exploited and oppressed populations, but that means NOTHING if I work to compromise their safety, decrease their funding, or shut down their programs to a bare minimum, all for corporate greed. Our military is being HARMED for no good reason. So, I'M PISSED LIKE I'VE NEVER BEEN PISSED before and you can easily say I'm at the point where I'm not PLAYING AROUND with irrational, fear mongering, sociopathic lunatics any longer.

John McCain can say what he wants about supporting the troops until he's blue in the face , but there are some inconvient little facts called A VOTING RECORD that sets John McCain's military voting record, and his veterans voting record apart--so far apart in fact, that what he SAYS and what he is ACTUALLY DOING is a worthy of a multiple personality disorder. If you choose to ignore his documented record, you ignore it at your own peril.

NO: On supporting the health needs of our veterans and military personnel and reducing the defiit by making tax rates fairer for all Americans Tax Rate Extension Amendment (HR 4297)

NO: On providing an additional $500,000,000 for each of fiscal years 2006 through 2010, to be used for readjustment counseling, related mental health services, and treatment and rehabilitative services for veterans with mental illness, post-traumatic stress disorder, or substance use disorder. Additional Funding For Veterans Amendment (S 2020)

NO: On ensuring that future funding for health care for former members of the Armed Forces takes into account changes in population and inflation. Health Care for Veterans Amendment (HR 2863)

NO: On redeployments, reductions, timetable withdrawals from Iraq (S Amdt 3875, S Amdt 2898, S Amdt 2087, HR 1591, S 2766)

NO: On minimum rest periods between soldiers' deployments(S Amdt 2909)

NO: On military prisoners having haebeus corpus rights (S 3930)

NO: On the president NOT being allowed to establish future military commissions (S 3930)

NO: On congressional oversight of CIA detention, interrogation and rendition programs (S 3930)

NO: On a ban on funding of cluster munitions to protect civilian populations from un-detonated bombs (HR 5631)

NO: On a repeal of capital gains tax cuts from 2010 moved to 2008 to appropriate $47.27 billion for Army and Marine operations and maintenance (HR 4297)

YES: On use of Military force against Iraq (H J Res 114)

YES: On the Military Commissions Act of 2006 (S 3930) - Abolishing the Geneva Convention and suspending haebeus corpus outside the US, no jurisdiction for courts outside the US, allow evidence seized without a search warrant, allow hearsay evidence as long as the adverse party is informed of it.

NV: Not Voting, Excused, Absent, or Present and not voting for 14 votes on military/veterans issues since 2002: Defense Authorizations Bill HR 4986, National Defense Authorization Act for Fiscal Year 2008 HR 1585, Condemning Iraq Abuse of Prisoners resolution SRes 356, United States Policy in Iraq Resolution of 2007 S J Res 9, National Defense Authorization Act for Fiscal Year 2008 HR 1585, Permanent Residence for Certain Undocumented Immigrants S 2205, Emergency Supplemental Appropriations for the Department of Defense S 2340, Supplemental Appropriations for the Department of Defense and Timeline for Withdrawal from Iraq HR 4156, Concurrent Budget Resolution S Con Res 70, Funding for Operations in Iraq and Afghanistan with Provisions Regarding Conduct and Congressional Oversight S Amdt 4817, Funding for Operations in Iraq and Afghanistan S Amdt 4818, Nomination of General Petraeus as Military Leader of the Middle East PN 1641, MOST IMPORTANT FOR RETURNING TROOPS:Iraq and Afghanistan War Funding, Unemployment Benefits Extension, and GI Bill HR 2642 & GI Bill and Other Domestic Provisions S Amdt 4803.

AND WOW! He missed EVERY opportunity to fund the troops, without exception! UNBELIEVABLE!

Now let's look at Barack Obama's military voting record & veterans voting record:

YES: On supporting the health needs of our veterans and military personnel and reduce the defiit by making tax rates fairer for all Americans (HR 4297).

YES: On a vote to adopt an amendment to HR 2642 that provides education funding for eligible members of the Armed Forces, extends unemployment compensation, establishes moratoria on certain actions regarding Medicaid, and appropriates a total of $28.67 billion for various domestic and international purposes. GI Bill and Other Domestic Provisions (S Amdt 4803)

YES: On providing an additional $500,000,000 for each of fiscal years 2006 through 2010, to be used for readjustment counseling, related mental health services, and treatment and rehabilitative services for veterans with mental illness, post-traumatic stress disorder, or substance use disorder. Additional Funding For Veterans Amendment (S 2020)

YES: On ensuring that future funding for health care for former members of the Armed Forces takes into account changes in population and inflation Health Care for Veterans Amendment (HR 2863)

YES: On the Iraq and Afghanistan War Funding, Unemployment Benefits Extension, and GI Bill (HR 2642)

YES: On appropriations for 2008-2013 - $3.56 trillion for National Defense, $2.79 trillion for Medicare, $2.49 trillion for Income Security, $2.03 trillion for Health, $577.28 billion for Veterans Benefits and Services, $479.81 billion for Transportation, $155.31 billion for Social Security (S Con Res 70: Concurrent Budget Resolution)

YES: On reductions of US forces in Iraq (S Amdt 2898: Iraq Troop Reduction Amendment)

YES: On prohibiting deployment unless time between deployment is equal to last deployment, recommend rest periods be 2x the deployment time, prohibits deployment of National Guard if previously deployed in the last three years, recommend Reserve deployment be no longer than one year, and onely once every 5 years, President can waive requirements if substantiating an "emergency," (S Amdt 2909: Time Between Troop Deployments)

NO: On striking language that required a timetable for withdrawal from Iraq (HR 1591)

YES: On a phased withdrawal of troops (S J Res 9)

YES: On striking language prohibiting a court, justice or judge from hearing haebeus corpus (S 3930)

YES: On prohibiting the establishment of new military commissions after December 31, 2011(S 3930)

YES: On congressional oversite every three months of CIA detention, interrogation, rendition programs (S 3930)

NO: On the Military Commissions Act of 2006 (S 3930) - Abolishing the Geneva Convention and suspending haebeus corpus outside the US, no jurisdiction for courts outside the US, allow evidence seized without a search warrant, allow hearsay evidence as long as the adverse party is informed of it.

YES: On a ban on funding of cluster munitions to protect civilian populations from un-detonated bombs (HR 5631)

YES: On a repeal of capital gains tax cuts from 2010 moved to 2008 to appropriate $47.27 billion for Army and Marine operations and maintenance (HR 4297)

The odd ones out:

NO: On a redeployment of troops (S 2766 - 6/2006)

NO: On prohibiting a permanent base for purposes of controlling Iraq oil, limits on deployment, Congressional input for security agreements, suspend statute of limitations to 5 years for contractors and government agencies, allow prosecution of contractors and non-armed service employees, investigation of contractors (HR 2642 - 5/2008)

NO: On allowing for House Amendements to a bill "...which makes emergency appropriations to certain departments for various purposes..." (?) Looks like a mixed bag...(HR 2206 - 5/2007)

NV: Not Voting, Excused, Absent, or Present and not voting for 5 votes on military/veterans issues since 2006: Nomination of General Petraeus as Military Leader of the Middle East PN 1641, Funding for Operations in Iraq and Afghanistan S Amdt 4818, Iraq Withdrawal Amendment S Amdt 3875, National Defense Authorization Act for Fiscal Year 2008 HR 1585, Defense Authorizations Bill HR 4986.

Yes, John McCain was totureed and has had over 40 years in politics, but what is he DOING RIGHT NOW to meet the needs of people, like the soldier in the video earlier? I know...AND NOW--so do YOU! What are Obama's three crappy decisions against McCain's 17? I would like that soldier to actually look at what these organizations have found in the ACTIONS of these two men and then see if he'd be doing that spot. Who ACTUALLY makes it possible for him and his fellow soldiers to get the mental and physical services they need?

Like McCain, just because a soldier loses his leg, while noble in serving his country, does not make him educated on policy or veterans services, nor does it enable him to have sound judgement. Nor is disclosing the loss of his leg in any way appropriate or a JUST response to SERIOUS policy questions that effect people's safety and welfare. Just because McCain doesn't want to talk about the legislative voting facts of his record, creating every left-field distraction to keep us off his trail, doesn't make him a hero, it actually makes him less than any honest man. This soldier certainly gave no facts about how McCain's experience translates into legislation and much needed monetary support for military service women and men.

I'm only supporting candidates who can back their words with action...and INACTION is why an Iraq Veteran was protesting John McCains speech!

T Boone Pickens, Halliburton & Energy Independence?

If you want more money going to Dubai!

I'm watching Kieth Olberman and the Premier of MSNBC's Rachel Maddow Show, which I'm a HUGE FAN because she's also a talk show host on Air America, and a Gay icon with a tremendous amount of integrity and calm strength.

I couldn't help noticing all of these natural gas commercials, and a company with the vast majority of holdings, called Chesapeake Energy Corp. What is the question we need to ask? Exactly--Who owns this company?  T. Boone Pickens, a neo-liberal oil man who has a great idea, even a green idea.  But, do you want this guy to be the one who makes money off of the remaking of our energy infrastructure?  I don't!  Now that Halliburton has moved its corporate offices to Dubai, all this does is tie our energy again to countries who are suspect in funding terrorism, and to Cheney.

T Boone Pickens Buys Chesapeake Energy Corp., Devon Energy Corp., Halliburton Company., Tenaris S.A., Sells Titanium Metals Corp, From www.gurufocus.com: Sock Market Insight article, August 27,2008.

As oil prices decline, energy stocks lost their multi-year uptrend and come down quickly. But oil man billionaire T Boone Pickens is buying more. If you like to buy more energy stocks, see what T Boone Pickens is buying. T Boone Pickens owns 27 stocks with a total value of $2.1 billion. These are his buys and sells during the second quarter.

T Boone Pickens buys Chesapeake Energy Corp., Devon Energy Corp., Tenaris S.A., EOG Resources Inc., BPZ RESOURCES, INC, sells Titanium Metals Corp. during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, BP Capital. T Boone Pickens owns 27 stocks with a total value of $2.1 billion. These are the details of the buys and sells.

New Purchases: BZP, CHK, DVN, EOG, TS,
Added Positions: ABB, DNR, FLR, HAL, JEC, OXY, RIG, SGR, SLB, SU, TLM, WFT, XTO,
Sold Out: TIE,
For the details of T Boone Pickens's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=T+Boone+Pickens

Added: Halliburton Company (HAL)
T Boone Pickens added to his holdings in Halliburton Company by 65.78%. His purchase prices were between $40.99 and $52.16, with an estimated average price of $47.5. The impact to his portfolio due to this purchase was 2.43%. His holdings were 2,447,470 shares as of 06/30/2008.

Halliburton Company provides a variety of services equipment maintenance and engineering and construction to energy industrial and governmental customers. The company is made up of the following three business segments: Energy Services Group Engineering and Construction Group and Dresser Equipment Group. Halliburton Company has a market cap of $38.24 billion; its shares were traded at around $43.61 with a P/E ratio of 15.90 and P/S ratio of 2.35. The dividend yield of Halliburton Company stocks is 0.83%.