U.S. oil services firm Halliburton Co. (HAL.N: Quote, Profile, Research) is moving its headquarters and chief executive to Dubai in a move that immediately sparked criticism from some U.S. politicians.Hey, if YOU had a chance to get out of your dollar positions, and into some safe transaction models, and that in a country where you would not have to worry about the Radical Christianists going Loopy....
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 bourse 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.
[ cf Halliburton to move headquarters, CEO to Dubai ]
What would you do?
Well at least Dick will have a safe place to retire to....
Dear Old Dick... The Prez sent him to do the stand in routine for the Prez on Veterans day... so you were expecting that Dear Old Dick cared diddly about the GI's and/or Veteran's Community??? Hum???
Please, do NOT bogart that Constitutional Roll...