Halliburton operates in Iran
Lawmakers want to pass a law that will stop giving companies like Halliburton federal contracts if they do business with countries that are under sanction. Do you support cutting off companies that do business with our enemies?
I BILL TUCKER, CNN CORRESPONDENT : Halliburton moved senators Sherrod Brown and Byron Dorgan to action. Their legislation targets companies which do business with Iran through foreign subsidiaries or who reincorporate off shore.
SEN. BYRON DORGAN (D), NORTH DAKOTA: We have some companies that are very big contractors, defense contractors with our federal government who, on the other hand, have foreign subsidiaries with which they’re doing business with Iran. Boy, I think that’s horribly inconsistent in terms of public policy, and we can do something about that, and I think we should.
TUCKER: Halliburton even rated a special mention by name in the press release. “Halliburton, one of America’s largest contractors, used this loophole to conduct extensive business with Iran, through a subsidiary in Dubai.”
Halliburton responds that it is and will remain a proud American company, incorporated in the United States, and that all of its business has been allowed under U.S. law, which does nothing to dull the anger of the bill’s co-sponsors, who vow not to let it simply disappear into a committee.
SEN. SHERROD BROWN (D), OHIO: We’re not going to let it disappear. This is the kind of issue the public will get behind. This is the kind of issue, while it might be controversial in Washington, D.C., it’s not controversial in Canton, Ohio, or Toledo, Ohio. And nor is it controversial anywhere else in the heartland.
TUCKER: Ten states can testify to that. All passed or are considering passing bills to order asset managers of state money to divest their holdings of companies doing business with terrorist states.
TUCKER: Now, the Brown-Dorgan legislation would not outlaw companies from reincorporating offshore, Lou, but it would outlaw giving such companies government contracts.
Halliburton’s CEO recently — the company announcing its CEO moving to Dubai, apparently to be closer to some of its clients.
MSN-”I am baffled that any American company would want to have employees operating in Iran,” says Sen. Susan Collins, R-Maine. “I would think they’d be ashamed.”
The fact that our government hasn’t come down on Halliburton for doing business in Iran indicates to me that Iran is not the threat our government wants us to believe it is.
Chris you are right on the money!
I’m not commenting on this until I hear whether or not Rush talks about it today. If he doesn’t, I’m going to assume that this is a typical AP-style sham, a liberal media witch hunt, yada yada, yada, Halliburton isn’t doing anything wrong.
“The fact that our government hasn’t come down on Halliburton for doing business in Iran indicates to me that Iran is not the threat our government wants us to believe it is.”
It indicates to me that Halliburton owns most of our government. Halliburton is one of the most corrupt companies operating today in my opinion. They should be shut down.
If you want, you can send Hallibuton and others a letter to ask them to stop Bush from going to war with Iran…we can’t just sit back and let this happen. http://www.isirannext.org