What's Good for Halliburton (and Cheney) is Good for...Dubai

[Dover]

DO “U.S. CORPORATIONS” REALLY EXIST?
What's Good for Halliburton (and Cheney) is Good for...Dubai
by DAVE LINDORFF

I for one am not going to fuss about Halliburton moving its corporate headquarters to Dubai on the sunny coast of the Persian Gulf.

It makes sense, and it makes things so much clearer, too.

Halliburton, recall, is the company that has made the most money of any private enterprise off of the Iraq War--$27 billion to date, most of it in the form of extraordinarily profitable no-bid contracts (the company earned a record $2.3 billion last year alone). It is also Vice President Dick Cheney’s company. He headed it for five years before deciding to go into “public service” as President Bush’s regent in 2001, and he continued to receive compensation from the company, and to hold options for Halliburton stock well into his vice presidency, refusing even to put his holdings into a blind trust, as wealthy political figures normally do to ensure that they don’t make decisions based upon considerations of personal gain...cont'd

http://baltimorechronicle.com/2007/031207Lindorff.shtml

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Halliburton Watch

Iran


"If these companies are going through the back door to invest in terrorist nations, Congress must take action to immediately close, lock and seal those doors," Senator Max Baucus (D-MT) the ranking Democrat on the Senate Finance Committee said in February 2004.1

As investigators from 60 Minutes discovered, Halliburton has used an offshore subsidiary incorporated in the Cayman Islands (where the company has no oil and gas construction or engineering operations) to trade with Iran, a country that the Bush administration has described as part of an "axis of evil, arming to threaten the peace of the world."2

Federal law disallows American companies from transacting business with nations that sponsor terrorism, but foreign subsidiaries of such companies are not banned from such transactions. In May 2004, the U.S. Senate voted against legislation that would have stopped companies like Halliburton from using offshore subsidiaries to invest in Iran. The legislation was defeated in a 50-49 vote, mostly along party lines...cont'd

http://www.halliburtonwatch.org/about_hal/iran.html

[Dover]

1. Ahhh Dubai. Have you seen it yet? This new Oz on steroids? Take a peek >>>

Surreal. In fact one development area is called Dubailand! (kind of a glorified Neverland Ranch for boys who don't want to grow up).
How fitting as an escape for Michael Jackson and the man behind the curtain...Cheney.
And can't you just see Halliburton counting it's fortunes in some goldplated room?




Check out more photos here:

http://www.funonthenet.in/content/view/127/31/