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Dover Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-13-07 12:40 AM
Original message
Isn't this treason?
Edited on Tue Mar-13-07 12:45 AM by Dover
ABOUT HALLIBURTON

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.

As CEO of Halliburton, Mr. Cheney lobbied the Clinton administration to ease sanctions on Libya and Iran, according to various news reports. "I think we'd be better off if we, in fact, backed off those sanctions , didn't try to impose secondary boycotts on companies .. trying to do business there," Cheney told an Australian television interviewer in April 1998.

According to the Financial Times, before he was elected (but after he resigned from Halliburton) Cheney "has said the company is allowed to operate legally in Iran through its foreign subsidiaries."4 "What we do with respect to Iran and Libya is done through foreign subsidiaries, totally in compliance with US law," Cheney told ABC Television's Sam Donaldson. When Donaldson suggested, "it's a way around US law," Cheney replied: "No, no, it's provided for us specifically with respect to Iran and Libya."5 If you're a big multinational that's able to incorporate around the world, you don't have to worry.

As Vice President, Cheney led the National Energy Review which concluded in 2001 that the US should "level the playing field for US companies overseas" and recommended a comprehensive review of sanctions with consideration given to US "energy security."..>

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

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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-13-07 12:55 AM
Response to Original message
1. Not in a Corpratocracy.
We are there.
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Dover Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-13-07 01:31 AM
Response to Reply #1
2. If there was any doubt, I think they have finally provided the kind of transparency
needed to see into their empty, shriveled up little souls. And ironically, it's opague, as black as pitch.
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wildbilln864 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-13-07 02:09 AM
Response to Original message
3. Hey, if it looks like shit and smells like shit....
it must be chocolate!
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HardRocker05 Donating Member (486 posts) Send PM | Profile | Ignore Tue Mar-13-07 02:34 AM
Response to Original message
4. remember, Halliburton did 100s of millions of $ business w/ IRAQ before Cheney left.
i think it was supposed to be non-military or 'dual-use' stuff or something, but why would they even be doing that if iraq was so evil?
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Dover Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-13-07 02:58 AM
Response to Reply #4
5. They also did business with Iran. ...n/t
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melody Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-13-07 03:20 AM
Response to Original message
6. If it prospers, none dare call it treason
doo dah doo dah :)
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-13-07 03:27 AM
Response to Original message
7. Halliburton, under Cheney, did 73 million dollars in contracts
through 2 subsidiaries with Iraq (under Hussein)

and was dealing with both Iran and Libya

Though in 2000, Cheney claimed Halliburton or its subsidiaries never did business with Iraq.

and never forget who helped Cheney on his energy task force

Oil companies
Enron/Ken Lay
Coal and electricity companies
and Joe Allbaugh, director of FEMA at the time (he named Brown to legal counsel to FEMA), part of the Iron Triangle of Bush supporters (Karen Hughes and Karl Rove were the other 2 parts)...and his wife, who lobbied for energy companies.
She made lots of $$$$... and after his job with FEMA, Joe and his wife went into the "homeland security" lobbying business.
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-13-07 09:05 AM
Response to Original message
8. Nah, it's fascism at its finest. Whatever the corporations want they get ($billions) and they tell
the government to pound salt.
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