Haliburton has announced that they will be moving their corporate headquarters from Houston, Texas to Dubai, UAE this morning.
I thought it would be interesting to see what news savvy organizations would be picking this up- results below.
But first, here are the notes I took upon learning the news (wholly by accident researching some quotes for Robi):
- What are the estimated total dollars in contracts that Haliburton/KBR have with the US Government?
- How many years are these contracts for (just the really big ones)?
- How much in taxes has Haliburton paid each year on income gained by the U.S and how much estimated do they still have to pay through the end of the current contracts?
- Do they still have to pay US taxes or are they now going to be fully under Dubai tax law?
- What clauses/provisions, if any, do our government contracts have about the contracted corporation’s responsibility to serve in the best interest of the U.S. government (none).
The vexing questions I will try to answer in upcoming days.
I think the answers will be brutal. I think the American people have a right to demand that the contracts given to Haliburton be redacted due to the gross misuse and fraud already discovered and now that the company is moving it’s corporate operations to the UAE which has been identified in the 9/11 Commision’s report as having ties to Osama bin Laden and perhaps even aiding and abetting him.
At what point are Americans going to stand up and stop the Bush Administration and their cronies from raping America further? From the start our troops have received inadequate armor and training; have been shoved into a war that had no planning or consideration whatsoever and was initiated on false pretenses; have received the worst in medical care for the injured, both physically and mentally– all the while huge uncontested contracts with little or no oversight are handed to companies like Haliburton that has continually abused and committed fraud (as early as 2004– a year after the war began). Billions of dollars going into a corporation’s hands that has no loyalty or sense of service to the primary country that has fed it. Meanwhile our veterans have dismal medical care and facilities to contend with at home.
This is criminal morally and otherwise.
As to the “Up to the second” news on the internet by the major US news organizations; as of 2:36 pm PDT only the following had the story:
ABC Halliburton Will Move HQ to Dubai
New York Times Halliburton Will Move Headquarters to Dubai
Washington Post Halliburton to Relocate to Dubai
Not sure the WSJ’s story headline really counts- it kind of sounds like Haliburton will be joining a bridge club….
WSJ Halliburton Expands Mideast Presence; CEO to Spend More Time in Dubai
Those that didn’t have anything at all had the following as their top story:
CBS Suspect Arrested In Newborn Kidnapping
CNN Bush greeted by pomp and violent protests
Fox Kidnapped Texas Newborn Found Alive
MSNBC Bush renews support for strong ally Colombia
US News and World Report: Beyond Baghdad, Security Struggles
Draw your own conclusions.