Over the weekend, the company known as Halliburton announced that its chief executive, Dave Lesar, would move to a new corporate headquarters in Dubai to focus on business in the Middle East, Africa, Europe and Asia. Halliburton received more than 90 percent of its Pentagon contracts in 2006.
The announcement sparked warnings from members of Congress, who suspected that the company once run by Vice President Cheney was trying to trim its tax bill and remove itself from the limelight here, where it has come under fire about the way it obtained and executed government contracts, especially those connected to troubled reconstruction projects in Iraq.
It's an example of corporate greed at its worst. 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. At the same time they'll be avoiding U.S. taxes, I'm sure they won't stop insisting on taking their profits in cold, hard U.S. cash." Remember, over $9 million dollars are unaccounted for in Iraq. Nice, isn't it.
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