Dick Cheney’s old company, Halliburton, is on the move:
U.S. oil services firm Halliburton Co. is moving its headquarters and chief executive to Dubai in a move that immediately sparked criticism from some U.S. politicians.
Texas-based Halliburton, which was led by Vice President Dick Cheney from 1995-2000, did not specify what, if any, tax implications the move might entail. It plans to list on a Middle East [stock market] once it moves to Dubai — a booming commercial center in the Gulf. The company said it was making the moves to position itself better to gain contracts in the oil-rich Middle East.
“This is an insult to the U.S. soldiers and taxpayers who paid the tab for their no-bid contracts and endured their overcharges for all these years,” said judiciary committee chairman Sen. Patrick Leahy, a Vermont Democrat.
Rep. Henry Waxman, chairman of the House Oversight and Government Reform Committee, might hold a hearing on the implications, an aide to Waxman said.
Halliburton has drawn scrutiny from auditors, congressional Democrats and the Justice Department for the quality and pricing of its KBR Inc. (KBR.N) unit’s work for the U.S. army in Iraq.
They take the big-ticket no-bid contracts; they repeatedly fail U.S. soldiers and taxpayers in Iraq; they take the money and run. They have no respect for or loyalty to the United States or the American people.
That Cheney sure is a bad influence.
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