Halliburtonomics

It's probably about both.

Other than that, it merely reflects the trend started under Reagan of grabbing what you can while the getting is good and getting out before the house of cards comes crashing down because everyone else is doing the same.

As for the rest of us, we just live here.

Jennifer is right. Doesn't Dubai now control the world's merchant marine?

The question of Dubai and also Singapore: Money laundering centers of the world protected by the US Navy?

Second question if US looses its Naval-Air supremacy will these centers fall to China-and the 'winner' in the ME?

As a 'consumer nation' without an industrial base can we continue to be the only Super Power? Does Halliburton feel so threatened by the predicted 'demise' of the Neo-cons control in DC that it is moving?

Where will the refineries be built? Iran is without and Big Profit US Oil has not kept pace in the US. India and China?

Have we misread the deployment of more naval battle groups as a strategy to threaten Iran? Was it really a measure to protect Dubai engineered by the Darth cabal and more fabricated intel? How many 'deals' including 'Dubai Ports' are in the works? Is deregulation coming home to roost?

Hey, I just had 'what goes around comes around' thought. Can't we take all that 'anti-terrorism' legislation-power backed by Darth and Bush to hold 'Halliburton' hostage until we can sort out all the over-charges and missing money in Iraq, etc.?

Those patriots.

Jay Carney...no conspiracy...just the usual "in your face" thievery. All perfectly legal, of course.

Isn't most of Halliburton already incorporated in the tax haven of the Cayman Islands? That was proud American and patriot Dick Cheney's big present to the corporation when he was CEO. And I agree with Jay Carney: nothing to see here, move along you raving mad hippie conspiracy theorists.

Impeachment slides off the table, to Dubai. Where can I get a seat? [/snark] Kind of like Arthur Anderson hiding as Enron burned. Just sayin'. Oh, they got wiped out and were prohibited from doing business in the US.

Gitmo for terrorists and conspirators amongst us cry the Bush-Darth justice team.

I hear the Bush family is planning a similar post-term reincorporation in Peru.

Congress needs to stop every contract and audit every dollar ever paid to Halliburton in the last 10 years.

Another (admittedly unsexy) theory: Halliburton doesn't make much of a profit on government contracting (which is its own sort of scandal given how much we taxpayers fork over to them). It makes almost all its money getting oil out of the ground. And there's a lot of that in the neighborhood of Dubai. More here.

The mysterious "more here" in my comment above was a failed attempt to link to my blog here on Time.com, the Curious Capitalist. But apparently the Swampland comments don't allow links. This was clearly Jay's doing.

"Halliburton doesn't make much of a profit on government contracting (which is its own sort of scandal given how much we taxpayers fork over to them)."

How is that possible? As I understand it, they are working on cost-plus contracts, which means their profit is built in. Now whether it is skimmed off for bribery and malfeasance is another question, but if they purport they are not making a profit, maybe some hot-shot reporter (ahem) should look into that.

.
I begged for HTML and block quote ability in the thread above, in order to write finer, classier comments. I suggested the Firedoglake model as one of the best. Clearly Jay is anti-new media.

From http://www.publicintegrity.org/oil/report.aspx?aid=346

"Vice President Dick Cheney was also a big fan of locating subsidiaries in tax havens during his days as CEO of Halliburton Corp.

An analysis of Halliburton's filings with the Securities and Exchange Commission by watchdog group Citizen Works showed that while Cheney was CEO of Halliburton between 1995 and 2000, the number of subsidiaries the company operated in tax havens rose from nine to 44."

It's ostensible HQ may be in Delaware (where 60% of all US companies are incorporated). But it probably funnels most profits through offshore subsidiaries in the Caymans, Bahamas, Channel Islands, Dubai, and other offshore financial centers. By stretching the law on transfer-pricing, etc., it likely avoids or delays paying US taxes.

As a reminder, Enron had some 3,000 offshore subsidiaries when it went belly-up.

Locating subsidiaries outside the US also allowed them to conduct business with regimes in Iran and Iraq without violating US law. This occurred under Cheney as well.

I bet they will be able to do business with whomever they choose, once they're in the UAE. Sudan, Congo, Iran. Hopefully the US government will find a new favorite contractor.

The Carlyle Group opened an office there also.
Dubai is home to the filthy rich.Check out the man made islands shaped like flat map of the world.http://realestate.theemiratesnetwork.com/developments/dubai/world_islands.php

Tomboy, I was just thinking about how they were doing business with Iran using subsidiaries to skirt U.S. laws. Do you suppose trading with countries the US doesn't allow business with plays into this? Plus Dubai is one of the white slavery/sex slavery capitals of the world, all those fat cats can have 8 teenage wives they imported from Hungary if they so choose.

"Except for one thing: in this case some liberals are seeing broad partisan conspiracies where none likely exist."

Get over this "liberal" crap. You are an American. That means you don't look the other way and/or make excuses when individuals or corporations damage your country. Stop identifying with a brand and wake the fu*k up. It's not pro wrestling.

Halliburton is in Texas where they already have the closest thing to a tax haven in the Continental USA and they probably haven't paid Federal taxes since Cheney took over. This is nothing more than an attempt to get beyond the reach of congressional subpeonas. If as most prosecutors believe they only catch about 20 percent of all crime, just think how much crime Halliburton must have committed. No doubt they are heading out while they still can.

The closest thing to a tax haven in the US is actually Delaware. Why do you think all those companies in the GAO report are incorporated there? Halliburton certainly isn't doing any oilfield services there.

Jamie here also on Nantucket. I don't understand you people. Why would you object to one of the top 3 military suppliers being a non-American firm outside the reach of Congressional oversight?

Jay's right, in the age of anything-goes globalization where we're being shot at today in the Pashtun region by Raytheon Stingers left over from when Dick and Donald sold them to the Taliban how could this be a problem?

Oh damn, that actually happened. I remember now, I'm supposed to confine my comments to paranoiac fantasies so Jay can continue to condescend. Wanna meet me at the ChickenBox and you can have a brew and I'll explain why this might worry some people?

jamie howarth (I'm in the book, look me up).

HALLIBURTON - Thanks for the money - sorry about your kids ...

I keep waiting to hear that Walter Reed AMC was subcontracted out to Halliburton. It would explain a lot, including them hightailing it to Dubai.

Wait no longer:

http://www.armytimes.com/news/2007/03/Weightmansubpoena/

Walrus, check out:
http://www.washingtonpost.com/wp-dyn/content/article/2007/03/09/AR200

Walrus, my link doesn't work. Try Google: Walter Reed Contractor---'Privatized Walter Reed Workforce gets Scrutinized-washingtonpost.com'

I think it is time that Americans take their damn country back, and tell our government officials (if you which to call them that) to go to hell. I for one am tired as hell of the Corporations of United States turning themselves into Global Corporations which have been written tax laws that have created tax holes, loops and welfare for them and the CEO's which screwing American citizens. Just where in the hell does one draw the line in this administration deceit, corruption, thief and destruction of our country and our military, while just sh.. all over our constitution and laws, while corrupting our voting process and deleting votes to keep them in power. They created election frauds in the presidential , Senate , House Of representative, Governor elections, fired persons in charge of our government agencies to replace them with Cheney's yes men. They have replaced the judges and prosecutors to control the laws and policies of this nation. They have outsource our Country's jobs, benefits , resources , land while sending our military to war for the wealth of Oil companies, private contractors and for right wing religious fanatics. Our tax dollars are used to pay private contractors to gain them wealth and power , using our military to defend them ,while the steal other nations resources. Look at the outsourcing of American jobs, the importing of illegal immigrant workers and the destruction of our social programs.
Bush keeps bitching about reform of our social programs like social security and medicare while he sticks his greedy hands have stole the funds to pay private corporations with his no-bid contracts. The no-bid contracts are a device that Cheney has setup for the stealing of our tax dollars, while given tax welfare and power to the Global Corporations . which we have seem doesn't give a damn about this country or the citizens living here.
Why do we tolerate these dictators that are stealing and destroy our country for their greed , power and Global control. If one have not seen the abuse that this administration which is back and controlled by Global Corporations have inflicted on this nation then they are either stupid or a fool. How in the hell can we let Cheney, Bush and the republicans administration get by with this destruction and putting American citizens into a $9 trillion dollar national debt. Has one really thought about what has happen to this nation under these mobsters.
Clinton's budget would have left this nation debt free in 2010 or 2011 and had all our social programs secure , now they are a disaster the same as every other program in this nation that has anything to do for the safety, health , retirement and the security of our nations.
Everyday there is another policy by Bush-Cheney that has destroyed another part of our jobs, security, economy, environment, resources , safety.
Bush - Cheney has even contracted the manufacturing of our military equipment, our security including our ports and the supply for our military to countries with ties to terrorist in which he is supposedly fighting, like the UAE & Dubai. Bush certainly love to use the terrorist threat to scare the hell out of Americans.
Americans had better wake up , it is a hell of a lot later then you think

Halliburton knows exactly what it's done. We're only guessing. Since a jury had the impertinence to convict that sweetheart Scooter Libby, every executive in the food chain at Halliburton must be very interested in avoiding subpoenas...and oaths.

I can't wait. Watch them be unavailable. Do we have the right to seize assets to compel testimony?

aquart: We have Gonzo terrorizing the DoJ. Not to mention goobers like Lieberman in the Senate.

The Bushes are a family of international criminals, and have been since the day of W's granddaddy, Prescott Bush, who helped launder Nazi money during WW2, and had property seized for TRADING WITH THE ENEMY.

The biography of George H.W. Bush by noted historian Webster Tarpley is at:

http://www.tarpley.net/bushb.htm

and a very strong history of the Bush Crime Family (TM) at:

http://www.hereinreality.com/familyvalues.html

Cheney, Rumsfeld, etc. are just more of the same.

Criminals and TRAITORS to the USA and everything it ONCE STOOD FOR.

Did their pal Dick Cheney finalize this deal with Dubai when he was touring the area for 9 days a week ago? Mighty coincidental timing, if you ask me. I'm sure he'll have a nice cushy Halliburton job waiting for him when he leaves the White House.

In addition to extracting huge incentives to move and major tax breaks from the UAE government, I would guess that Halliburton wants to do a lot more business in Iran, which they can't currently do since the US government labels Iran as a terrorist nation.

Halliburton presently does a lot of business through Dubai with Iran through subsidiaries and Dubai is positioning itself as the new Middle Eastern business center. A former home for pirates, Dubai is attracting the modern day filthy rich pirates and corporations now with tax breaks and complete corporate non-interference.

Rats leaving the sinking ship...

"Is this about tax breaks? Getting beyond the reach of congressional subpoenas?"

Jay Carney here, checking in from Nantucket on his blackberry...

Of course! It all makes perfect conspiratorial sense!

Except for one thing: in this case some liberals are seeing broad partisan conspiracies where none likely exist.

Gee, Jay, if you say so, it must be true. The Washington press corps is always on top of things. Relentless investigators of the truth, that's what they are! Just ask that great journalist, Joe Klein. He always questioned the war.

I love it that we have people covering the scene who are so limited that they feel a need to label people who question the honesty of Halliburton as being "liberal". Because if you think Halliburton is a nefarious outfit, then that's you must be. Way to be a deep thinker, Jay.

A guy making a six-figure income and vacationing in Nantucket is always going to be on the cutting edge, right?

QUESTION FOR KAREN TUMULTY:

Karen, as Time's National Political Correspondent, do you have anything substantive to say about the Halliburton story you linked to? How about the fired U.S. Attorneys story? How about the Scooter Libby verdict? How about the Walter Reed story? The war in Iraq? Diplomatic relations with Iran? The 2008 Election campaign? Fox News? Anything at all?

As a Swampland blog reader, I would be interested hear what Time's National Political Correspondent thinks about these issues. Or about any other issues you have been thinking about. Some substantive blogging would be much appreciated.

Can you see how, based on your posts so far, a reader might get the impression that you aren't particularly interested in American politics?

Who needs Nation States when you can rape the planet from Dubai? Haliburton is one evil cabal and we taxpayers deserve a refund before cutting them loose.

Let them protect themselves with their own mercenaries.

I guess we know now why Cheney was summoned to Saudi Arabia about a month ago. It wasn't just about Iraq, it was about their getting (more) access to Halliburton's billions.

This move should not be legal. Saudi Arabia produced Osama bin Laden and almost all of the 9/11 hijackers. They are state sponsors of terrorism. Wasn't 9/11 the most important event in the history of the planet, according to BushCo? If so, shouldn't we avoid doing business with the perpetrators?!

Based on experiencing the result of this administration, the past legislature, the moving out of major industry, the depletion of the treasury, the injustices of the DOJ, the corruption within a 'major political party', the dismantling of foreign policy (diplomacy), the brutalness of the military and the private sector military such as Blackwater, the blatent cuts in taxes to the wealthy, the blatant abuse and misuse of the people of this country (much like an abuser in the home, only done on a national and international scale).......plus so many other issues.......why would anyone believe that anything these people come up with is for anyone's benefit but their own? It isn't about liberal or conservative, it's about being intelligent enough to know what the hell is going on and who is doing it!

It's as if much of the population, or the stubbornly dogged partisan people, are under some kind of blanket of blindly following. It amazes me that so many people are still believing that everything will be just fine here in the USA. You know what, it isn't just fine now, and the way things are looking it will never be just fine for many, many years to come as a result of what this administration has been allowed to do to us.

I don't care what kind of wording the media attaches to this behavior, reality is what reality is no matter how it's spun.

If we're paying American Taxpayer's money for services, I damn sure want the money going to American companies, employing American workers and paying American corporate taxes.

Any politician who votes to renew their contracts better be prepared to answer for their vote.

And I'll bet Dubai doesn't have an extradition treaty with the US.

Mainstream media national political correspondents may not have very much of substance to say about Halliburton, Scooter Libby, the US Attorneys purge, Walter Reed, or any of these silly little issues.

But I'll bet they can quote you the very latest Giuliani-McCain polls or tell you whether Barack Obama is still smoking.

Halliburton should be barred from conducting any business involving our troops if they move to Dubai.

11 March 2007
U.S. has NO extradition treaty with Halliburton's new home country, United Arab Emirates

Reference: http://www.state.gov/p/nea/ci/79207.htm

After receiving $21 BILLION in US war contracts, Halliburton says goodbye to America, moves headquarters to Dubai (United Arab Emirates)

http://www.chron.com/disp/story.mpl/ap/fn/4620759.html

Two paragraphs from this article,

"Cheney was Halliburton's chief executive from 1995-2000 and the Bush administration has been accused of favoring the conglomerate with lucrative no-bid contracts in Iraq.

Federal investigators last month alleged Halliburton was responsible for $2.7 billion of the $10 billion in contractor waste and overcharging in Iraq."

Why wouldn't HAL leave the US? Listen to you guys - you don't want them here - so why stay? HAL has been undervalued because of the constant references to their "shady" dealings. They are accountable to their shareholders - to maximize the value of their investment.

That's it - I don't blame them for leaving the incessant whining that has persisted for so long.

Jay,
Getting to claim that you are "out of country," when subpoenaed to go before a Congressional Committee to testify about breaking sanctions and trading with Iran or serving untreated water to soldiers in a Iraq is certainly a nice side benefit. And if you can still rake in the government contracts of the silly Americans who cares where you are based.

Kaneh bosm!

I've got to say that immediately going to a default of "nothing to see here" by the Jay Carney's of the world shows that the Russert-esque journalistic standards of appeasement and not questioning the motives of the powerful are the rule and not the exception for the Fourth Estate.

Funny, Jay, but after it mined $20B out of the U.S. Treasury, why would Halliburton now suddenly abandon that claim, and start hightailing it out of town?

Do you think it's totally unrelated to the November elections -- and what about Henry Waxman and all those other carrying torches and ropes? Still think it's rescue mission?

I also wouldn't be terribly surprised if Cerberus-Gabriel, the hedge fund that owns the company that privatized Walter Reed, also decided that it also suddenly sees better prospects in East Asia than in the Western Hemisphere.

You actually might want to read Daily Kos. There you'll find an account of what has these big GOP defense contractors so scared.

http://www.dailykos.com/story/2007/3/10/21556/5045

Larger CIA and DoD Privatization Scandal Emerging from Walter Reed Story, US Attorneys Firing

by leveymg
Sat Mar 10, 2007 at 03:58:42 AM PDT

Rumsfeld and Top GOP Figures Profited from Privatization of VA Hospital, CIA Contractors

A large global hedge fund, Cerberus Capital Management (dba, Cerberus-Gabriel), is at the center of an emerging Pentagon and CIA contracting scandal that has the attention of three Congressional Committees.

In each case, the companies under investigation have links to prominent GOP figures, including Vice President Dick Cheney, former Vice President Dan Quayle, former Defense Secretary Donald Rumsfeld, and several Republican Congressmen indicted for corruption involving kickbacks from defense contractors. The Republican Congressional Campaign Commitee (RCCC) has also received substantial contributions from conservative fund managers running Cerberus, a virually unregulated $30 billion hedge fund, which owns the second largest bank in Israel.

This scandal involves the mismanagement of VA hospital facilities privatized during the Bush-Cheney Administration, as well as intelligence abuses by private CIA contractors.

MORE below the fold . . .

****
P.S. - Beware the snarks in the waters around Nantucket, Jay. ;-)

'Quote of the Day'--Cheney has no shame or is just plain amoral. As the twisty, convoluted contractor and hedge funds emerge, Cheney is trying to leverage more money for the Pirates of the Potomac.

Heard that there are over 100,000 contract workers in Iraq now. How many more with the Surge? 8,200 more troops equals _____ more contract workers.

Halliburton is and has always been an oil field service company. They only acquired KBR, the division which caters to Gov/military contracts, in the last 10 years or so under Cheney's guidance. That was Cheney's "big present to the corporation", not tax havens in the Caymans, which is complete BS. Now that Halliburton has announced plans to divest KBR, those billions(?)in Gov money will go away. Perfectly timed with Bush/Cheney departure no doubt, however the fact remains, Halliburton caters to big oil. The largest oil reserves in the world are found in the middle east. Don't make this into something it isn't, reincorporating in Dubai is a big leap. Don't believe it.

So, is Halliburton divested of KBR moving to Dubai on faith that the US brokered Iraqi oil agreement will go forward?

Pirates of the Potomac stake out claim in new world order with a nothing to suspect move to Dubai. Such Patriots.

So if the US was to have an extradition treaty with UAE, will HAL still move?

Let's negotiate one and find out. Pronto! Would this be enough evidence for those partisan HAL supporters out there if Halliburton decided not to move there?

Probably not - the mind is a dangerous thing...

Well, Flounder, these people generate nice side incomes from speaker's fees and appearing on television. You don't get those gigs by doing real investigative journalism, which might result in uncovering stuff that may be inconvenient to those writing the checks. And you don't get invited to Cokey Roberts's dinner parties. And you definitely don't get promoted within your "news" organization. And you don't get a cool nickname from the Prez.

So instead, you convince yourself that you're doing your job, that you're a cold-eyed realist who lives in the "real world". Those who question you are losers. You become so mired in your own conventionality that you lose all ability for critical thought.

You become some self satisfied, fatuous yuppie vacationing in some haven for the nouveau riche. "Jay Carney, checking in from my Blackberry on Nantucket." Jackass.

Hey Carney, look over there. There's a dress with a stain on it.

The Carey snipe attack: 'spent all day on Kos'. Dude, I'm not a 'blog addict' and this stuff is available in bits and snips and pieces if you bother to even read the MSM. I would assume that your job would require you to keep up on 'the news' and to have a healthy enough curiosity and skepticism to go beyond your 'two cents worth'.

Just my two cents worth and I've defended you against the DFH snipe attacks in the past. So, Carey can you afford the $5000 a night suites in the Dubai tower that overlooks the sealanes?

Just because a sitting Treasury Secretary was profiting from a company he helped manage doesn't mean there was any conflict of interest. What is good for the VP is good for the other cronies. And don't you know that good mentors lead to good students? Beware the students of Bush/Cheney in ten years.

Dave: Direct Hit

Please review the comments by General Smedley Butler after WW1. He was a two time Cogressional Medal of Honor winner who wrote stated that "War is a racket". The paralell between than and now are striking. Malone

So, are you saying Bud, that our government officials are merely looking for new markets to expand in, er, invade into?

If as you say, war is a racket, then it follows that our chief export is "invasion". Now, how do you market something like that? You'd need a catchy slogan and some good visuals, I think. Maybe hire some PR flacks to drive the message with full color spreads and then try and get some free press and publicity by leaking your advertising plans to select elite reporters and bypassing the direct marketing channels. Save some bucks for the american consumer, er taxpayer. Sounds like a real red, white, and blue winner!

Dave. Did you read the article? The point now, as it has been in the past, is the use of our military for the promotion and protection of Business ie Halliburton. It is 90 degrees here today and I am sweating. Bud

Obi Wan Kanobi said it best... Halliurton, the Bush administration and the Republican Partywhat are "a wretched hive of scum and villainy"

"At a minimum, reincorporating in Dubai would mean that Halliburton will be paying less taxes to the U.S. Treasury, even as it collects billions from government contracts."

The entity which is doing business in Iraq (the company under contract with the U.S. government) is KBR. KBR is not going any where. Halliburton is an oil field services operation that serves oil companies all over the world, akin to a firm like Schlumberger. This fact alone makes the above quote one of the most unintelligent and uninformed statements I have read in quite a long time.

More reporting like this, Time and less like Joke Line.

It's not a secret criminal conspiracy Dick Cheney's a part of. It's an open criminal syndicate. A trillion dollars to Iraq, and no accounting for most of it.

So has any body else noticed the Halliburton-affiliated mercenaries private security contractors (e.g., Blackwater, CSC/ DynCorp, Vinnell, Wackenhut, etc., ad nauseum) collectively are now one of the largest armies in the world, their own covert intelligence arms, and with access to nuclear capabilities?

Just askin'.

Halliburton is an oil field services operation that serves oil companies all over the world...

Yes, and the Carlyle Group simply deals in private equity.

The righteous business folks around here are about as funny and safe to be around as sheep with scrapie, cattle with mad cow, or Ronald Reagan with the Bomb.

"Halliburton is and has always been an oil field service company. They only acquired KBR, the division which caters to Gov/military contracts, in the last 10 years or so under Cheney's guidance."
*****
You probably know what you are talking about, but I recall from years ago--1965-1975 period--when I worked for a national wholesale distributor of X type products that one of our customers was Halliburton, Division of Brown & Root (or maybe the other way around). Doesn't the BR in KBR stand for Brown & Root or Brown/Root?

The guy who was the Purchasing Agent was the most obnoxious customer we had. No one--not the manager, not the sales representatives, not the office personnel wanted to be the one to talk with him when he called. He was "THE SOB." I figure if he hasn't died yet that he probably rose through the ranks rather quickly, considering that CHENEY became the CEO.

I hope WAXMAN gets some answers and holds their feet to the fire, but I have my doubts.

This is NOT about tax breaks or creating balances to their gigantic portfolios. It's all about running now. They know that Dems will be taking power soon and hold Halliburton accountable of fraud and corruption. They don't want to be the headlines after the 2008 elections. Why now, wait a few years and then go. I guess not, too scared, that the democrats in the house and senate will have more power with a democratic President. After Bush and Cheney leave office, they're gonna go to Dubai as well and enjoy the taxpayers dollars out there with no worries of anyone coming after them.

Wouldn't it be nice if Halliburton's water carrier, Joe Lieberman, were to go with them? And naturally Cheney, too.

I posted a bulletin with this link on My Space (not an offense) plus in the title of the bulletin I said, "I would be a billionaire if I hated people that much." I'd go to Antarctica with -130 below boots before I would go to Dubai. Do you feel that
blaming.

Bruce

Let's face it! The Military, Industrial, Congressional complex
is really a global complex. Countries do not matter anymore
to these people. It is all about creating global corporations
that have mercenary armies to protect their interests (in
case they cannot convince some country such as ours to do it),
which include, control of oil, water, food, governments, and
just about anything else that is essential to life. Why else would
you wish to deplete the US treasury and status in this world so
quickly? Why would you place such emphasis on oil when we
very possibly have reached peek oil? Why allow drugs, chaos,
sex slavery, and the starvation of millions of people around
this earth?
This is not new. The East India Company did the same thing.
Only now, the capacity to really control the entire world may be
possible.
Why aren't the Democrats passionately pursuing impeachment?
Why are they not stopping a potential war with Iran or forcing
the Israelis back to a road for peace? Many of them may be
in the game. Others may recognize that this is so huge and has
gone so far, that very little can be done. Perhaps others may
fear for their lives if the truth were exposed...... thus NO
IMPEACHMENT.
We are told to keep shopping. We are fed lies by the news
media and we are kept anesthetized with entertainment,
games and medicines. We are forced to work long hours
so that there is very little time or energy left to contemplate
what is happening.
All peoples of the world should worry about this agenda. It may
already too late. But let us try! IMPEACHMENT!

Mary Lou

Can a court order or Congressional subpoena force Halliburton to preserve all records and not remove them from the country?

Halliburton is moving it's records offshore to protect those who have decieved. No surprise here.

Let's organize a mass movement to story Halliburton's headquarters and literally sieze their assets ourselves. If 100,000 people descended on Houston and stormed the gates, there'd be nothing they could do to stop it.

Any takers?

storm

I am changing my voter registration from Republican to Independent because of issues like this

I think halliburton is moving because the Bush Administration is about to come to an end and they do not want to be investigated for the wrong they have done. The american people have been screwd over by halliburton. Pretty soon halliburton will rule the country.

luogo fine, sapete..

luogo fine, sapete..

Ich erklare meinen Freunden uber diese Seite. Interessieren!

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These are all very interesting comments on the Hallburton move to Dubai. I'm sure there are many reasons such as economic justification, better global positioning, or perhaps a keen awareness that like Rome, the US economic system will not be sustainable on the credit extended to us by the World. I was a Halliburton employ under KBR from early 2003 to 2006. I was hired on at $19.00 an hour (figured after uplift for hazardous work area) I will neither bash or defend Halliburton. I saw gross negligance and ineptness of inexperienced persons trying to negotiate contracts to support the massive amount of material and supplies needed in the Kuwait/Iraq areas. I also so too much work and not enough materials or people. KBR's procurement system had to work within and under the rules of the DCAA and by signature of the ACO. It was everyone's fault and no ones fault. I saw many good people trying to make a difference, and trying to make sure that T's were crossed and i's were dotted. I saw people trying to work in a procurement system that had too few operators and too much to buy. No one can imaginge being awarded a contract to build 30 small towns (population 2000 up to 12,000), and not given a set of drawings or blueprints. and then expected to hire the employees, initiate a system, I also saw and heard stories from real US troops that hadn't showered in 14 days, and the last hot chow they had was a make shift operation that KBR employees got together to get to them. There was nothing in the early days, and all available resources were sucked out of the Middle East. People say they want to buy american, but this was the merry-go-round we were in. The US doesnt' make anything we import, everything is made overseas, imported to the US, and then shipped back to the Middle East to be used in the war. All this amounted to was subcontractors and freight forwarders used by Halliburton as the real profiteers, because they actually showed a profit. Halliburton was cost plus raking in a whopping 1% profit. Can anyone calculate what 1% of a billion is (not a whole lot when compared to the grand scale). Besides can anyone run a business at 1% profit margin. Not to let Halliburton/KBR off the hook though, I saw an increasing pattern from 2003 to 2006. The top Program Management for LOGCAP III was a retired Colonel. By the time I got fed up with it in 2006, the top dogs were 2 stars and 3 stars (Generals that is). Increasing layers of management were increased by retired military commanders. Even the big wigs in Arlington of G&I (Government & Infrastructure) were retired Generals. So you have. Military/Civilian mind sets are different. Military is excellent at getting the job done, but poor at getting it done cheaply. I'll quit rambling, but my assessment of the whole thing is that the real reason for going over there in the first place was for the oil. Instead of "Operation Iraqi Freedom" (OIF)...It should have been called "Operation Iraqi Liberation" (OIL) I did visit with several Iraqis during my stay in Bagdhad, and my trips from the north, south, and west of Iraq, and so many were glad we were there, they just wanted to get on with their lives and raise their children, and be safe. All of those things Americans hold dear. 4 years later and the Iraqi people are still suffering from minimal infrastructure upgrades (power, water, sewer).

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