Waxman to hold hearings on Halliburton-

[babylonsister]

http://time-blog.com/swampland/2007/03/halliburtonomics.html

March 11, 2007 4:58
Halliburtonomics
Posted by Karen Tumulty

Is this about tax breaks? Getting beyond the reach of congressional subpoenas? And what about all that sensitive information that Halliburton has had access to? 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 last paragraph of the FT story begins to answer the questions about Halliburton's, uh, interestingly timed decision to move its corporate headquarters:

Dubai has long positioned itself as a regional business hub, with a laisser faire attitude to business regulations. The government has launched several free zones allowing foreign firms to circumvent laws barring foreigners owning businesses.

UPDATE: Henry Waxman is already planning to hold a hearing on this, an aide tells me.

[Monkeyman]

1. Oh No The Bulldog will get them good real good

[CrazyOrangeCat]

2. Henry's got the bastards on the run. eom

[durtee librul]

3. Well the rest of his colleagues

will want to pass a non binding resolution to talk about them not being able to leave.

I sincerely wish him luck. I really do. Not only is he going to be fighting 'them', but he will be fighting the dems as well who probably have their greasey fingers in the pot as well.

[corkhead]

4. Move to Dubai? They must figure they've jumped the shark as far as robbing the treasury is concerned

Now they are moving to protect their loot

[Beetwasher]

5. The Race is On! Will He Get To Them Before They Move Everything To Dubai??

:shrug:

[emulatorloo]

6. GO WAXMAN GO!!!!! Kick n/t

[Laurab]

7. Write Waxman & your Rep - see this thread:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x388886

[ProSense]

8. Check Cheney's

pockets.

[gristy]

9. Contact other members on this committee

Tell them Halliburton must stay in the U.S. until ALL Congressional Halliburton investigations are complete.

Members of the Committee on Oversight and Government Reform

Henry A. Waxman, California, Chairman

Democrats
Rep. Tom Lantos, California
Rep. Edolphus Towns, New York
Rep. Paul E. Kanjorski, Pennsylvania
Rep. Carolyn B. Maloney, New York
Rep. Elijah E. Cummings, Maryland
Rep. Dennis J. Kucinich, Ohio
Rep. Danny K. Davis, Illinois
Rep. John F. Tierney, Massachusetts
Rep. Wm. Lacy Clay, Missouri
Rep. Diane E. Watson, California
Rep. Stephen F. Lynch, Massachusetts
Rep. Brian Higgins, New York
Rep. John A. Yarmuth, Kentucky
Rep. Bruce L. Braley, Iowa
Rep. Eleanor Holmes Norton, District of Columbia
Rep. Betty McCollum, Minnesota
Rep. Jim Cooper, Tennessee
Rep. Chris Van Hollen, Maryland
Rep. Paul W. Hodes, New Hampshire
Rep. Christopher S. Murphy, Connecticut
Rep. John P. Sarbanes, Maryland
Rep. Peter Welch, Vermont

Republicans
Rep. Tom Davis, Virginia, Ranking Minority Member
Rep. Dan Burton, Indiana
Rep. Christopher Shays, Connecticut
Rep. John M. McHugh, New York
Rep. John L. Mica, Florida
Rep. Mark E. Souder, Indiana
Rep. Todd Russell Platts, Pennsylvania
Rep. Chris Cannon, Utah
Rep. John J. Duncan, Jr., Tennessee
Rep. Michael Turner, Ohio
Rep. Darrell E. Issa, California
Rep. Kenny Marchant, Texas
Rep. Lynn A. Westmoreland, Georgia
Rep. Patrick T. McHenry, North Carolina
Rep. Virginia Foxx, North Carolina
Rep. Brian Bilbray, California
Rep. Bill Sali, Idaho
Vacancy