Phil opposed this war with iraq and it got him fired. Phil mentioned that MSNBC management by Microsoft and General Electric (military contractors) needed to support the "war" to get the contracts and make tons of $$$. On Billy ol' Reil-ley, he stated that Haliburton's stock doubled in the last year of 2005.
There's big money to be made in times of turmoil, if one only pays attention to the underlying economy.