Halliburton fleeing to Dubai
Honestly, I thought this was a joke. It appears real, though. From The Houston Chronicle:
There's no mention in the article of whether Dubai would, in the future, grant Dick Cheny asylum or not.
The next time a conservative starts telling you how Democrats waste money and tax them too much, here's yet another example of what really happens-corporations get away with the most incredible stuff in this country, and that's why the long-term goal of the GOP was to keep people mad about "welfare queens driving Cadillacs."
If people ever focus on the gigantic problem in our corporate culture where real money disappears, the yachts and the five houses and the forty cars and the golden parachutes will all be in jeopardy.
Oil services giant Halliburton Co. will soon shift its corporate headquarters from Houston to the Mideast financial powerhouse of Dubai, chief executive Dave Lesar announced Sunday.And this little nugget of joy:
"Halliburton is opening its corporate headquarters in Dubai while maintaining a corporate office in Houston," spokeswoman Cathy Mann said in an e-mail to The Associated Press. "The chairman, president and CEO will office from and be based in Dubai to run the company from the UAE."
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.Don't know much if anything about international corporate laws and rules, but the idea that Halliburton could now flee to Dubai is utterly outrageous. It would certainly behoove Democrats in Congress to look into this.
Federal investigators last month alleged Halliburton was responsible for $2.7 billion of the $10 billion in contractor waste and overcharging in Iraq.
There's no mention in the article of whether Dubai would, in the future, grant Dick Cheny asylum or not.
The next time a conservative starts telling you how Democrats waste money and tax them too much, here's yet another example of what really happens-corporations get away with the most incredible stuff in this country, and that's why the long-term goal of the GOP was to keep people mad about "welfare queens driving Cadillacs."
If people ever focus on the gigantic problem in our corporate culture where real money disappears, the yachts and the five houses and the forty cars and the golden parachutes will all be in jeopardy.
