Legal detail that the rats are hanging their hats on:
The government did not create the corporation, it bought shares in the corporation. And under the law you cited, there is no prohibition on making blatant political expenditures.
Of course, if it had been Bush who rammed through a federal “purchase” of controlling stock in a bankrupt Haliburton (with a sweetheart deal for some other Bush ally to also get control of a huge chunk of shares - similar to Obama giving the UAW big chunks of GM), and Haliburton then made campaign contributions to any GOP politician, Bush would have been impeached.
Ofcourse the Obama Administration naming of the President of the Company plus requiring the Admin oversee it’s operations makes no differrenc/S