Iraq War mega-contractors Halliburton have announced that they will be moving their corporate headquarters from Houston, Texas to Dubai in the United Arab Emirates.
There can be little doubt that they would have remained in Houston had the Republican Party held onto the legislative branch of the United States government--- What would they have to fear?
Their profits are down--- That's to be expected when you've run scam after scam at the expense of the American taxpayer, and those who aid and abet you lose their jobs. The president and vice president that gave them handouts are now not quite as popular as turds in a swimming pool and, for the first time, have a Congress that is ready and willing to fulfill its role as watchdogs.
So yes, profits are down--- But Halliburton will be certain to save money, as the relocation of their corporate headquarters means that they no longer have to pay taxes on the contracts they're already not fulfilling.
Halliburton seem to be eager bedfellows with a nation with significant ties to al Qaeda, do they not? Remember when we passed up a chance to take out pre-9/11 bin Laden with a missile strike at his favorite hunting camp? We couldn't launch the strike without possibly taking out a member of the UAE royal family, and when the Clinton government told the UAE government about it, they dismantled the hunting camp.
Remember that day that a bunch of religious zealots decided to make 3000 people on American soil the exclamation point in their insane political statement? Well guess which country played no small role in bankrolling the entire al Qaeda organization, from building training camps, to bankrolling the operation itself, to allowing the hijackers to use their banking and passports to cover their tracks. If you said "United Arab Emirates", you got it right.
The Halliburton contracts have to end and end immediately. A company that we know we can't trust has relocated to a nation we know we can't trust. If Iraq had a fraction of the connection to the 9/11 attacks that UAE had, attacking them would have been the right thing to do.
I'm not advocating attacking UAE. But they've already proven their willingness to take any investment we make in them and make it pay dividends in blood. Our government has a responsibility to the American people to not help fund the next attack on them.
UPDATE: Nice to see that TIME's Karen Tumulty is thinking along the same lines: "Is this about tax breaks? Getting beyond the reach of congressional subpoenas? And what about all that sensitive information that Halliburton has had access to? At a minimum, reincorporating in Dubai would mean that Halliburton will be paying less taxes to the U.S. Treasury, even as it collects billions from government contracts."
Also in Tumulty's report is a piece of music to my ears: Henry Waxman is planning hearings on the move.