Gordon wrote:
Wilbur Hubbard wrote:
Talk about being able to see the handwriting on the wall . . .
Haliburton moves corporate headquarters to Dubai. Take that, you tax
and spend Democrats!

http://www.chron.com/disp/story.mpl/.../4620191.htmlv

"Lesar's announcement appears to signal one of the highest-profile moves
by a U.S. corporate leader to Dubai,

If this is only "one of the highest-profile moves," (sic) did any of the
others occur in the past six years, or have they all happened since
November?

an Arab boomtown where free-market
capitalism has been paired with some of the world's most liberal tax,
investment and residency laws."

More proof Democrats in power are bad for the country. While Democrats
complain about all the US jobs moving offshore their tax and spend
policies drive companies who employ Americans offshore.

Some proof!

We have seen an unprecedented movement of manufacturing and corporate
control out of the US in the past six years, despite unusually favorable
federal antitrust and environmental regulation and taxation policies
under the Republicans. I guess we are left to imagine what those
policies would have been if there were no Democrats at all.

The relevant economic question really is: in a world market, why should
US engineers and factory workers and property owners expect greater
compensation than their foreign competitors?

The world's resounding answer to that question has been a soaring US
trade deficit due to unprecedented levels of high-tech imports and a
commensurate diminution of US manufacturing.

Other than arms and debt instruments, our portfolio of price-competitive
exports has been dwindling rapidly. And of course, the petro-dollar
service plays an important role.

Does anyone believe this process came as a surprise to our leaders, who
seem to see fast food employment as the solution? What sort of future is
being built for the country based on trends that have been obvious for
more than a decade? Can anything be done? Should anything be done?

I suspect the train has left the station and the current government
emphasis is being placed on "outside-the-box" strategies, most of which
involve extra-territorial military "adventures", with the tacit approval
of both R's and D's. E.g., Iraq.

Which brings us full-circle back to Halliburton, dutifully responding to
the nation's tax policies, as well as to its longstanding military
adventurism!

Just curious, though, about whether their move might have the (fully
unintended, of course) consequence of removing records from US subpoena
powers.



Chuck




Wilbur Hubbard


You too can buy in Dubai. Check this slide show to see what's
available. http://images.businessweek.com/ss/06...i/index_01.htm

Gordon

----== Posted via Newsfeeds.Com - Unlimited-Unrestricted-Secure Usenet News==----
http://www.newsfeeds.com The #1 Newsgroup Service in the World! 120,000+ Newsgroups
----= East and West-Coast Server Farms - Total Privacy via Encryption =----