The much maligned defence contractor Haliburton is moving its corporate headquarters from Houston to Dubai in the United Arab Emirates.

http://abcnews.go.com/WNT/Business/storey?id=294249&page=1

Your link has gone dead, however here is another one to the same story on CNN.

http://money.cnn.com/2007/03/11/news/companies/bc.halliburton.mideast.listing.reut/index.htm?postversion=2007031119

It appears to be a relative non-story. Just a corporation positioning itself to be able to hide activities from U.S. resgulations. It should be noted that the reasons they give do make sense if one accepts that the only purpose of any corporation is to maximize profits, which is a fact legally.

The much maligned defence contractor Haliburton is moving its corporate headquarters from Houston to Dubai in the United Arab Emirates.

I understood it a little differently. Haliburton is not moving its headquarters to Dubai, but opening a second headquarters there, and putting its top executive there.

Just another Multi-national corporation showing it's true loyalty to America. These are the corporations that Republicans have been putting before American citizens for decades.

Makes one wonder where the Republcians' true loyalties lie...

Just another Multi-national corporation showing it's true loyalty to America. These are the corporations that Republicans have been putting before American citizens for decades.

Makes one wonder where the Republcians' true loyalties lie...

Oh really now, disloyal to America. That is silly beyond measure. They are cozying up to the Emirates 'cause they can make a lot of money doing that. Such things are in America's interest since most of their stockholders are Americans and they will pay all those lovely taxes when they take their profits.

If Dubai really looks like the pictures currently circulating via a powerpoint email, who could blame anyone for moving there! For a city that barely existed in 1990... they've certainly come a long way!! (I'm a little partial to the 'palm tree' housing developments and chains of islands designed to look like a map of the world.) Just goes to show ya what an endless supply of money can buy!

Oh really now, disloyal to America.

Yes, there is nothing wrong with protecting our national interest.

They are cozying up to the Emirates 'cause they can make a lot of money doing that.

So what? That is no excuse. There is more to life than making money.

most of their stockholders are Americans

According to their SEC filings, The largest shareholder is AXA, a French company. (http://finance.yahoo.com/q/mh?s=HAL)

The thing that struck me about Haliburton was that they were awarded lucritive contracts in Iraq without bidding for them, then move their main business to UAE, thanks Uncle Sam, see ya.

Where should Halliburton be? Hmmmm....

Where oil is drilled, or where it's not allowed to be drilled?

There is more to life than making money.So then why would you invest in Halliburton? Love for the company?

Where should Halliburton be? Hmmmm....

Where oil is drilled, or where it's not allowed to be drilled?

I agree... I'm in Dubai right now and moved here from Pittsburgh about 1.5 years ago. We are in the steel industry so we had to go where the business is. All the action in steel for us in China, India, and Middle East - not in the US. This is not my choice.

By the way, DUBAI IS AWESOME as that powerpoint presentation says! So much happening here..

Yes, there is nothing wrong with protecting our national interest.



So what? That is no excuse. There is more to life than making money.



According to their SEC filings, The largest shareholder is AXA, a French company. (http://finance.yahoo.com/q/mh?s=HAL)
You should distinguish between "largest stockholder" and "most of the stockholders." Besides, although AXA is a French company, I own stock in it. It has ADRs in the New York Stock Exchange.

I suppose you are right in saying there is more to life than making money, but I have to think what a silly thing to say in this context. Couldn't you think of anything more to the issue? That is such a tired old cliché, anyway.

You should distinguish between "largest stockholder" and "most of the stockholders."

The SEC does not require that they disclose the names of all their private stockholders, only the largest, and the largest typically have the controlling amounts of shares.

So then why would you invest in Halliburton?

Foresight.

Where should Halliburton be? Hmmmm....

Where oil is drilled, or where it's not allowed to be drilled?

Where was Haliburton started?

Oh well, fuck society, it's all about whats best for the company, isn't it Brooks?

Where was Haliburton started?

Oh well, fuck society, it's all about whats best for the company, isn't it Brooks?
it is all about the company-their employees are screwed if it doesn't make a profit.

it is all about the company-their employees are screwed if it doesn't make a profit.

It's not about making a profit. It is about continuously making more and more profits.

It's not about making a profit. It is about continuously making more and more profits.
and your point is? you can't eat good will.

you have to make what you can, while you can. no farmer is going to let a field sit idle because his other ones are producing bumper crops-the rains might not come next year.

and your point is? you can't eat good will.

you have to make what you can, while you can. no farmer is going to let a field sit idle because his other ones are producing bumper crops-the rains might not come next year.

What are you talking about? Most farmers - possibly the majority - leave fields fallow on an annual basis.

Agricultural research has shown that leaving fields fallow replenishes nutrients lost to agricultural crops, retains moisture, and prevents soil loss to erosion... rotating fallow fields among crop fields benefit production... --Highlights of Agricultural Research (http://www.ag.auburn.edu/aaes/communications/highlights/fall98/birds.html)

it is all about the company-their employees are screwed if it doesn't make a profit.
You're forgetting the poor shareholders mike, like George Soros and Michael Moore.

How could you forget the shareholders?

and your point is?

That people like you put the company over society.

you can't eat good will.

You can't eat if your job has been outsourced to India or Dubai.
You can't feed your family or pay rent on minimum wage either.


you have to make what you can, while you can.

As yes, the basis of the conservative philosophy, "Every man for himself."

Oh well, fuck society, it's all about whats best for the company, isn't it Brooks?
As a matter of fact, yes.
Is this news to you? Shareholder.

I read that Haliburton are keeping an office in Texas, I wonder how many new jobs WONT be created in Houston now.

What are you talking about? Most farmers - possibly the majority - leave fields fallow on an annual basis.
fields that could be in production:rolleyes:

I know that in Ireland they let fields rest for a while every so often,theres a name for it but its gone

fields that could be in production:rolleyes:
I hope you're being sarcastic.

That people like you put the company over society.

fuck "society", i'm not dependent on them, why should they be dependent on me?

You can't eat if your job has been outsourced to India or Dubai.
You can't feed your family or pay rent on minimum wage either.

try "working"....most of us are capable of more than taking an order an McDonald's


As yes, the basis of the conservative philosophy, "Every man for himself."

happiness isn't a birthright, the pursuit of it is. try getting off your ass and chasing after it instead of waiting for someone else to deliver it to you.

I hope you're being sarcastic.
no...i mean a field that is out of production for no other reason than the farmer thinks he'll have enough out of the other ones.

city slicker haha

no...i mean a field that is out of production for no other reason than the farmer thinks he'll have enough out of the other ones.
Farmers don't do that, at least not smart ones. But fields should be left fallow every so often to replenish nutrients, or else the soil will become depleted much faster...

Where was Haliburton started?

Oh well, fuck society, it's all about whats best for the company, isn't it Brooks?

I love that word "society". One usually starts using it and discussing it around 12th grade and maybe through 1st and 2nd year college. ;) . I'm 37 by the way.

Anyway, how is Haliburton "fucking society" by trying to get more business overseas? If they did not do this, then they would shut down or reduce operations and then employees, shareholders, etc. (i.e. "society") would really be fucked. You know shareholders are not some abstract entity, they are people like me and you. And please don't say AXA. AXA also has shareholders, employees, etc.

Farmers don't do that, at least not smart ones..I think that was his point.
The analogy was to Dharma's belief that a corporation should eventually feel that they've made enough and stop trying as hard.

It went over a couple heads.

Anyway, how is Haliburton "fucking society" by trying to get more business overseas?

moving their headquarters over seas does nothing to "get them more business".

The only reasons they would move overseas are to avoid paying American taxes on their windfall profits, or to avoid subpoenas for criminal investigations. Likely both. Why else have your CEO leave the country?

The analogy was to Dharma's belief that a corporation should eventually feel that they've made enough and stop trying as hard.

Go forbid there should be such a thing as "enough money". :rolleyes:

Thanks for proving once again that I am completely correct about you.

You think it is all about the money and fuck society. Very typical of the "every man for himself" conservative philosophy.

moving their headquarters over seas does nothing to "get them more business".

The only reasons they would move overseas are to avoid paying American taxes on their windfall profits, or to avoid subpoenas for criminal investigations. Likely both. Why else have your CEO leave the country?

Well you know very little about business to say that.

I thought you said you are a lawyer. Is this your legal opinion? Do you really think they could avoid subpoenas that way? Of course a foreign government would balk if they were being railroaded, and I guess if the Democrats come to power that is a possibility, but if they are really guilty of a white collar crime, there are few countries who would shelter them.

I thought you said you are a lawyer.

You are wrong.
I come from a family of lawyers and I worked in a law firm for years, but I am not a lawyer.

Do you really think they could avoid subpoenas that way?

Yes, I do. Bobby Kennedy Jr and Mike Papantonio, who are both lawyers have also expressed this view.


but if they are really guilty of a white collar crime, there are few countries who would shelter them.

You know very little about business, politics or the world to say that.

no...i mean a field that is out of production for no other reason than the farmer thinks he'll have enough out of the other ones.

A full 60% of US farmers earn less than $10,000 a year. The next 20% earn less than $50,000. (US Agriculture statistics - Farm Characteristics (http://www.ers.usda.gov/StateFacts/US.htm))

I've got news for you, Mike. NO farmer thinks he'll grow enough crops to keep his head above water to simply let fields lie fallow "for no reason." Those who have at least a few functioning brain cells know that leaving a field fallow this year means more/better crops from that field next year. To ignore this fact assures the failure of the entire venture.

The only reasons they would move overseas are to avoid paying American taxes....
They're still incorporated in Houston so I think they still pay taxes.

1. Go forbid there should be such a thing as "enough money".
2. Thanks for proving once again that I am completely correct about you.
You think it is all about the money and fuck society. Very typical of the "every man for himself" conservative philosophy.1. When a defense lawyer is allowed to withhold information from the prosecution or do his best to get an innocent client off, we accept it because they are duty bound to do it. It's a rule they are obligated to follow.
A corporation is obligated to do the best they can for their shareholders.
If the CEO feels guilty about it, tough luck. He has to think of the teachers, firemen, plumbers and mechanics who may have their pension tied up in the results of his decisions. His decisions must be unemotional and with a very narrow purpose.

2. Not that I need to tell you this, but due unfortunate necessity and by choice, my income is somewhat lower than it could potentially be.
Don't make your assinine assumptions about people you don't know.

....leaving a field fallow this year means more/better crops from that field next year. To ignore this fact assures the failure of the entire venture.I think we are all in agreement with each other here without realizing it.

I think Mike said that a corporation not maximizing profits is like a farmer letting his fields lie fallow. You seemed to disagree with him saying that farmers do it all the time.

It turns out you meant they will do that to maximize profits.
You and Mike are actually in agreement in this analogy.

Farmers don't do that, at least not smart ones. But fields should be left fallow every so often to replenish nutrients, or else the soil will become depleted much faster...
that depends on your defintion of "smart"...

In special cases and in regions of insufficient rainfall, fallowing is still an allowable practice; but in general it belongs to a rude and unresourceful type of agriculture. In most of the humid regions of this country the practice, if employed at all, is diminished to "summer fallowing," whereby the period of idleness is reduced to a minimum. The summer fallow was formerly often employed in order to fit the land for wheat. The land was kept in more or less clean and free tillage from spring till fall, without crop, for the purpose of destroying weeds and of putting it in good condition of preparation. With improved tillage implements and well-planned rotations, these special results usually can be secured without resort to fallow.

crop rotation is smarter;) http://www.tumbledownfarm.com/texts/Cyclopedia/Cyclopedia_II_V_Outline.html

A full 60% of US farmers earn less than $10,000 a year. The next 20% earn less than $50,000. (US Agriculture statistics - Farm Characteristics (http://www.ers.usda.gov/StateFacts/US.htm))

I've got news for you, Mike. NO farmer thinks he'll grow enough crops to keep his head above water to simply let fields lie fallow "for no reason." Those who have at least a few functioning brain cells know that leaving a field fallow this year means more/better crops from that field next year. To ignore this fact assures the failure of the entire venture.
and 60% of farms are 0-99 acres. the days of making a living off of 40 acres and a mule are over.

2. Not that I need to tell you this, but due unfortunate necessity and by choice, my income is somewhat lower than it could potentially be.


You could possibly make more and therefore you aren't a corporatist rightwinger?
:rolleyes:

Yeah, I believe that. </sarcasm>

You could possibly make more and therefore you aren't a corporatist rightwinger?
Yeah, I believe that. </sarcasm>Someone tells you that you are wrong about them, and you suggest you know better.

Someone tells you that you are wrong about them, and you suggest you know better.

I said you are a rightwinger and your only counter was that you could make more money if you wanted... by that standard there are no rightwingers. :rolleyes:

I said you are a rightwinger and your only counter was that you could make more money if you wanted... by that standard there are no rightwingers. :rolleyes:
What you actually said was:
"You think it is all about the money and f--k society. Very typical of the "every man for himself" conservative philosophy."

You can't even quote yourself accurately.

What you actually said was:


Oh, grow up.
You and your pissing contests. :rolleyes:

At least I know that Valerie Plame was covert. :lolhit:

A full 60% of US farmers earn less than $10,000 a year. The next 20% earn less than $50,000.

60% of farms, not farmers, earn less than $10,000/year. In other words, 60% of the farms are hobby farms more than someone trying to make an actual living.

Oh, grow up.
You and your pissing contests. :rolleyes:

Grow up????

You misquoted yourself. What's the pissing contest there?
Your prior quote didn't fit your new post so you changed the quote.

Sorry for pointing it out.

Seriously Brooks. You have gotten tiresome. You are all about arguing, not debating. You don't acknowledge any facts presented and you argue endlessly about non-issues.

At least I can acknowledge when I am wrong.

Do a little growing up and then maybe we can talk.

Seriously Brooks. You have gotten tiresome. You are all about arguing, not debating. You don't acknowledge any facts presented and you argue endlessly about non-issues.

At least I can acknowledge when I am wrong.

Do a little growing up and then maybe we can talk.
now you're projecting on Brooks! WTF!?

At least I can acknowledge when I am wrong.

When?

Mikezila and Brooks:

Just curious, but what exactly did I say that got you so obsessed with me?

If response to bad conclusions = obsession then color me obsessed.

However, if invoking someone's name when they're not even on the thread = obsession, then that's a realm occupied solely by you.

color me obsessed.


I know.

You can't stop arguing with me even after you have been proven to be wrong beyond a doubt.

Mikezila and Brooks:

Just curious, but what exactly did I say that got you so obsessed with me?
besides your blaring ignorance, hippocracy, and hate?

i'm bored.

besides your blaring ignorance, hippocracy, and hate?

All lies. I "hate" people who act like you.

i'm bored.

Get a hobby.

All lies. I "hate" people who act like you.

yeah, right:rolleyes:

Get a hobby.

get a job, Mr. Special Assistant to God.

yeah, right:rolleyes:

No, its true. I do.

get a job, Mr. Special Assistant to God.

Aleady have several, technically speaking. Thank you very much. :)
I am just a chronic multitasker.

No, its true. I do.

well, i'd hate you back, but i'd have to care to hate.

well, i'd hate you back, but i'd have to care to hate.

Don't hate the person. Hate the behavior. :)

moving their headquarters over seas does nothing to "get them more business".

The only reasons they would move overseas are to avoid paying American taxes on their windfall profits, or to avoid subpoenas for criminal investigations. Likely both. Why else have your CEO leave the country?


This is revealing of a profound ignorance of business and law.

You want to be as close to your customers as possible. Business is built on relationships. The more you get to see of your customers the more chances you have to build a significant relationship.

Companies who create an office overseas do not avoid taxation. US companies are taxed on their worldwide income. Creating an office in dubai will not allow them to avoid taxes.:rolleyes:. Likewise having the CEO move to dubai will not allow him to avoid any subpoena's.:rolleyes:

Stop making things up.

Finally, the company's job, any company's job is to make money. If they don't make money they can't pay taxes, they can't create jobs and we're all the poorer for it. Why people would be opposed to companies making money is one of the great mysteries of the left mind-set.

This is revealing of a profound ignorance of business and law.

You want to be as close to your customers as possible. Business is built on relationships. The more you get to see of your customers the more chances you have to build a significant relationship.

Companies who create an office overseas do not avoid taxation. US companies are taxed on their worldwide income. Creating an office in dubai will not allow them to avoid taxes.:rolleyes:. Likewise having the CEO move to dubai will not allow him to avoid any subpoena's.:rolleyes:

Stop making things up.

Finally, the company's job, any company's job is to make money. If they don't make money they can't pay taxes, they can't create jobs and we're all the poorer for it. Why people would be opposed to companies making money is one of the great mysteries of the left mind-set.
he doesnt make things up, he just guesses...often wrong.

(´･ω･`) < Are you blaming me?

Japan prepares to shift sales tax. At present, across the board 5% tax increase on price in Japan.
But now, there is an idea to that they're impose each other rate of duty not by type of merchandise, but price range.
Specific rate isn't decided now, but for example, the price under 10,000JPY is 6% duty, 10,000-1,000,000 JPY is 30%, over 1,000,000 JPY is 80%.
The revenue from tax will be for social welfare, daily life protection for poor and public security.
It's a interesting tax system.