Posted on 03/12/2007 2:49:34 PM PDT by Sub-Driver
Clinton denounces Halliburton's move
By JOE STINEBAKER, Associated Press Writer 47 minutes ago
Democratic presidential candidate Hillary Rodham Clinton on Monday denounced oil giant Halliburton's planned relocation to Dubai.
"I think it raises a lot of very big concerns and we're going to be looking into it in Washington," the New York senator said at a news conference in the Bronx. "I think it's disgraceful that American companies are more than happy to try to get no-bid contracts like Halliburton has, and then turn around and say, 'You know, we're not going to stay.'"
On Saturday, Halliburton CEO Dave Lesar announced that the conglomerate's headquarters would move from Houston to Dubai, a booming city in the United Arab Emirates known for its liberal tax and residency laws. Lesar said the company's business was now largely based in the Middle East and Asia.
Halliburton, which was headed by Vice President Dick Cheney from 1995-2000, received several lucrative no-bid government contracts to manage the reconstruction of Iraq following the U.S.-led invasion there. Last month, federal investigators alleged Halliburton was responsible for $2.7 billion of the $10 billion in contractor waste and overcharging in Iraq.
In 2006, Halliburton earned profits of $2.3 billion on revenues of $22.6 billion.
"We have a lot of evidence about their misuse of government contracts and how they have cheated the American soldier, cheated the American taxpayer, they have taken money and not provided the services," said Clinton, a member of the Senate Armed Services Committee. "So, does moving overseas mean that we won't be able to pursue these investigations?"
(Excerpt) Read more at news.yahoo.com ...
Marxist
Ahhhh....Hillary Chavez Clinton!!!
Because Halliburton has been so welcomed in our country up until now...
Tough beans, witchy-poo!
How many faces is that broad broad talking out of now?
Dear Hillary;
Up Yours.
Sincerely,
justshutupandtakeit (though no sane man would want to give it to you.)
Why would Haliburton want to stay?
HA HA that funniest as hell LMAO
Gee Senator Clinton maybe reason why is because of Demos witchhunt on Halibteron because you are jealous that certain VP was employee of that company
Didn't the Clinton Administration give no-bid contracts to Halliburton?
Some one should tell her that Halliburton is smart enough to know her "I'd take those profits..." comments aren't only gonna apply to Big Oil, but to every one else if she gets in the WH.
The Libs should be happy they are moving....
I have read that Halliburton received plenty of no-bid contracts from the Clinton administration. They were the only company cabable of doing certain jobs.
yep
What a load of horse puckey. Halliburton will still be registered as an American company and will be subject to American law.
Hillary knows this but is feigning ignorence in order to further demonize Halliburton
HALLIBURTON IS NOT AN OIL COMPANY...THEY ARE A WELL-SERVICE COMPANY!!!!
BIG DIFFERENCE!
As if Halliburton gives a flying fig what Shrillary thinks.
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