Did you know Halliburton is doing biz with Iran & Syria?

[Oilwellian]

By Jason Leopold
Online Journal Assistant Editor

October 29, 2003—Halliburton Corp., the oil field services company once headed by Vice President Dick Cheney, told the New York City Comptroller's Office Monday that it won't scale back its business dealings in Iran, despite concerns from the city's comptroller, William Thompson, about "corporate ties to states sponsoring terrorist activity," which could force the New York City Police and Fire Departments to pull their $23 million investment in the company.

The Comptroller's Office, on behalf of the New York City Police and Fire Department pension funds, in a resolution last March urged the boards of directors of Halliburton, General Electric and ConocoPhillips to set up committees to review their operations in terror-linked countries, specifically Iran. Halliburton helps build drilling rigs in Iran's southern oil field.

Thompson accused the firms of setting up offshore and United Kingdom subsidiaries to sidestep U.S. laws against doing business with Iran and Syria, countries that Washington says sponsor "terrorism." Shareholder value is threatened by possible negative publicity, public protests and a loss of consumer confidence, he said.

Wendy Hall, a spokeswoman for Halliburton, said in an interview Monday that Halliburton set up an in-house committee to study whether the company's business dealings in Iran has helped fund terrorist activities. Hall said Halliburton finalized a report and sent it to its board of directors and to the comptroller's office, which oversees the police and fire departments' pension funds.

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http://www.onlinejournal.com/Special_Reports/102903Leopold/102903leopold.html

[BurtWorm]

1. Not at all surprising.

They've been doing business with Baghdad, too, since the late 1990s at least, when it was illegal--and Cheney was boss. They claimed it was done through their subsidiary in the Cayman Islands, whose business they weren't responsible for and which was not subject to US laws.

Interesting fact: There are more corporations in the Cayman Islands than there are people!

[Unknown Known]

2. More proof that corporations are the true sponsors of terrorism

Corporation + political power = fascism

No coincidence that the GDP announcement and the Saddam "torture" tapes were released at the same time.

Result - Be afraid, but keep spending money you don't have.

Pretty soon the corporate government will own us all.