It looks like Dick Cheney's old company will soon no longer be an American company. They have announced plans to move the company's headquarters to Dubai in the Middle East.
According to company spokesmen, this will make it easier to expand their business in the Middle East. They may be right about that. After the way Bush has continually screwed up in that area of the world, it can't be easy for an American company trying to do business over there. And in 2006, Halliburton only had a profit of $2.6 billion - they obviously need new business to survive.
It certainly doesn't show much patriotism though. Maybe this will finally start to convince those who wish to hand over power to the corporations, that it would be a mistake to continue down that road. Corporations have no allegiance to any country. They consider themselves to be international, and their only allegiance is to the dollar. Their motivation is greed, not patriotism.
This should worry those who support the war in Iraq. After all, the U.S. and its troops depend heavily on Halliburton in the war effort. They have wound up with nearly all the contracts to provide services over there - and many of those contracts were awarded without competitive bidding (it's nice to have friends in the White House).
I do wonder though if the impetus for the move might be something besides searching for more business in the Middle East. This corporation is not like the die-hard Bush apologists. They can read the hand-writing on the wall. They can see the war is a failure and the public is not happy.
What have they done with the many billions of dollars they have been paid by our government? Democrats have already taken over in the House and are even in the Senate (Lieberman doesn't count - he's not a Democrat). It's looking like the Democrats will gain more ground in 2008. When they do, there are going to be lots of investigations about what has gone on in Iraq - and Halliburton will be one of the major entities being investigated.
After 2008, Cheney will no longer be able to protect them. Could this be a major reason for moving to Dubai? It's going to be a whole lot harder to hold the corporation and its officers responsible if they are a foreign company.
I think they are getting out before the Democrats can expose them before the American people for stealing from our government and shortchanging our troops.
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