[Tyler_JC]

I wonder if they are going to relocate to the "America Island" of The World?





Personally, I think they are doing it in order to avoid taxes.

They do it for the same reason that Liechtenstein has more registered corporations than citizens, they want to avoid paying for the damage they inflict on society with their products.

[DantesPeak]

After Cheney nearly sank Haliburton by having it acquire a company that later had to pay out enormous damages in asbestos litigation, they may see their future in a less regulated environment at the center of the oil universe.

At first, Dubai's close proximity to Iran seems to be a problem. But then you remember – isn't Haliburton the only US company that defied US sanctions against business dealings with Iran long after everyone left there? Then it seems to make more sense.

[airstrip1]

And I believe that the US has no extradition treaty with the UAE. This could prove handy when the Democrat majority in Congress and the Senate finally gets round to asking awkward questions about where all those billions spent on the occupation of Iraq actually went.

[Newsseeker]

Bush bought land in Paraguay with potable water on the grounds. The fix is in!

[TheDude]

That artificial world map thing is just weird...

$this->bbcode_second_pass_quote('', 'A')n engineering marvel not seen since Venice, The World will never be replicated again.

[Daculling]

I've been scanning Google earth for their final compounds. Perhaps they have not though that far ahead...

[steam_cannon]

Halliburton to move HQ to Dubai, Bush family buying aquifers in Paraguay... Everyone's leaving the party!

$this->bbcode_second_pass_quote('TheDude', 'H')aliburton's move is real advancing your Queen stuff

[Lighthouse]

$this->bbcode_second_pass_quote('steam_cannon', 'H')alliburton to move HQ to Dubai, Bush family buying aquifers in Paraguay... Everyone's leaving the party!

[I_Like_Plants]

Out of reach of US laws, lots of slaves, no not energy-slaves, honest to goodness slaves, sex-slaves too, and probably has better security than the Homeland so out of reach of the odd American who tries to fight back with a sniper rifle or a Learjet or anything.

[fluffy]

$this->bbcode_second_pass_quote('I_Like_Plants', 'O')ut of reach of US laws, lots of slaves, no not energy-slaves, honest to goodness slaves, sex-slaves too, and probably has better security than the Homeland so out of reach of the odd American who tries to fight back with a sniper rifle or a Learjet or anything.

[gg3]

Let's not forget that Dubai is one of the main global centers for financing Al Qaeda and its allies.

As for the reason to relocate Halliburton there, someone did a pretty thorough writeup on dailykos.com demonstrating that Halliburton has for quite some time been engaged in transactions with Iran that would be prohibited but for the fact that they are going through intermediaries. Now it appears Halliburton is planning to cut out the intermediaries and deal direct.

Pardon my language, but (cussword alert)
.
.
.
.
Those fucking traitors deserve to be fucking shot.

[Revi]

They are moving closer to the troth. It's funny that nobody from the White House is running for re-election. They are getting ready to skip the country with all the money. Very similar to most Latin American dictators. Dubai is their Miami. Get psyched.

[Newsseeker]

Halliburton should just get it over with and change the name to SPECTRE with people in skin tight leather suits and their HQ in the side of a volcanic mountain.

-- Newsseeker

P.S. Don't forget the shark tank for when the government regulators come knocking....

[miraculix]

...and those "friggin" lasers

[topcat]

I say it is so they do not end up residing in one of their own internment camps that their subsidiary KBR built.

[Revi]

Apparently they won't save that much in taxes until they cut the cord to the US. They are still incorporated in Delaware. Here's an article from Slate:

http://www.slate.com/id/2161652/?GT1=9231

[shakespear1]

Perhaps taxes will not get hit but the local economy will certainly feel the move.

I recall seeing a documentary on how HOOVER which is/was the US icon brand of vacuum cleaners moved overseas due to competition and globalization. The effect on the local economy was devastating. Those over 40 had nowhere to go (too old).

This is still going on

$this->bbcode_second_pass_code('', 'Maytag's closing takes some of the joy out of holidays
The Southern Illinoisan
• Comment: "I'm hoping it will be good enough pay," Broom said. "I'm not expecting to get anything like the pay I'm getting at Maytag, because that's just not available around here." With an average salary of $15 an hour, Maytag was one of the higher paying opportunities for factory workers. It has been good money, Broom said, but paychecks stretch decidedly less when they the only source of support for a family."It does seem like a lot of money, but with raising kids by yourself, it's really not," Broom said."
Ford Agrees to Sell 2 More Parts Plants')

If the company does not like it in one country they move to another

$this->bbcode_second_pass_code('', 'State sees loss of manufacturing jobs, some gains in 2006
The Morning News
• Comment: "On the third day of 2006, ARC Automotive announced it would transfer 300 jobs from a plant it ran in Camden for more than 20 years to operations in Mexico and China.Economic pressures, consumer demand and cost-saving efforts had companies closing plants and laying off workers throughout the state during much of 2006."')


Link

[mekrob]

In sha' allah, there will be a truck bomb waiting for them the second they step into their new offices.

[Denny]

Here is a fresh take on the rationale for move to Dubai, from David Baskin, a stock analyst on the Business News Network.

A caller asked him his thoughts on Halliburton as an investment.

Two zingers came back:

1 - If you wanted to make a picture of what a military-industrial complex looks like, it would have Dick Cheney's image in the middle.

2 - Halliburton executives and company records in Dubai will be out of reach of government investigators when the next administration takes office and sets out to investigate the dealings with Halliburton.

See his comments here, select the 12:30 ET broadcast, and scroll the media player ahead to minute 14: BNN

The broadcast archive is only good for one week.

By the way, he says don't buy Halliburton shares.

[PersecutedGadfly]

Halliburton operates in Iran despite sanctions

$this->bbcode_second_pass_quote('', 'I')t's just another Halliburton oil and gas operation. The company name is emblazoned everywhere: On trucks, equipment, large storage silos and workers' uniforms.

But this isn't Texas. It's Iran. U.S. companies aren't supposed to do business here.

Yet, in January, Halliburton won a contract to drill at a huge Iranian gas field called Pars, which an Iranian government spokesman said "served the interests" of Iran.