MANAMA/HOUSTON - 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 stock exchange in the Middle East 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 the same Dubai, it should be pointed out, that was refused a deal with the USA to take over several ports because it presented a security risk. At least, according to The New York Times, Michael Savage, Lindsey Graham, The New Republic, The John Birch Society, Sean Hannity, Lou Dobbs, Laura Ingraham; Bill Frist, Hillary Clinton, Bob Menendez, John Gibson, Jon Corzine, and Peter King.
So, I presume we can expect a statement from these parties condemning the security risk of using Halliburton to not only supply the Pentagon, but also the use of its subsidiaries in Iraqi construction and peacekeeping?
Not bloody likely.