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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 01:58 PM
Original message
CNN Breaking: Dubai company to transfer U.S ports operation U.S. company
Edited on Thu Mar-09-06 01:59 PM by ProSense
BREAKING NEWS Dubai-owned company has decided to transfer fully the U.S. operation of P&O ports in North America to a U.S. entity, according to Sen. John Warner.

http://www.cnn.com/
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caligirl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:01 PM
Response to Original message
1. Is the a failure for Baker Bots or what? Read Digby today its good.
http://digbysblog.blogspot.com/

The Two Bobbies tried to slip this through, too bad for the Bush crime family.
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BattyDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:01 PM
Response to Original message
2. Hmmm ... somebody blinked.
But let's make sure we get an iron-clad, long-term contract in writing. I don't want BushCo giving it back to them when nobody's looking! :eyes:
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Webster Green Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:02 PM
Response to Original message
3. Is this where the whole deal gets handed to Halliburton?
Quite a few threads here predicted that would happen.

Where's Dead-Eye Dick, anyway?
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ReadTomPaine Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:06 PM
Response to Reply #3
5. That's what I'd place my money on...
I also bet they wind up acting as a front company for Bush's pals in the UAE. In other words - Bush will still get his way.
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BattyDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:08 PM
Response to Reply #3
8. Damn! I never thought of that!!
I think you guessed it. :toast:
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FloridaPat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:24 PM
Response to Reply #3
13. Halliburton isn't a US company.
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Webster Green Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:46 PM
Response to Reply #13
18. I though they were based in Texas.
Where are they from?
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blondeatlast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 04:43 PM
Response to Reply #13
26. Halliburton thinks they are--read downthread for Hoover's entry.
I, as yet, find no evidence that Halliburton is NOT an American company. Same goes for KBR.

If you have some, I respectfully request that you submit it.
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FloridaPat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 05:16 PM
Response to Reply #26
29. Jon Stewart did say he wasn't real news. They did a show on
corporations that off-shored and Halliburton was one of them. 44 of their subsideries are off-shore though t get away from paying taxes. Found a lot of information about them at www.halliburtonwatch.org
Lots of interesting stuff. Looks like they are still incorporated in the USA


"Controlled foreign corporations and tax havens are the result of decades of corporate lobbying in Washington, DC. It has benefited corporate America tremendously. The tax savings to Halliburton, and the corresponding tax loss to individual American taxpayers, are enormous. Halliburton paid only $15 million of their $80 million in total taxes (or 19 percent) to the U.S. government in 2002. The remaining 81 percent of the company's taxes went to foreign governments. Although Halliburton is an "American" corporation on paper, it is actually a foreign corporation that has no allegiance to the United States."
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Peace Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:32 PM
Response to Reply #3
15. Yup, it's Dick's retirement package-control of all illicit arms/drug/oil/
child slavery or whatever traffic in/out of US ports and around the world. I figured it was a bait and switch. He didn't get all he wanted in his blackmailing of Bush Jr. (re: Traitorgate--during Katrina). This is the buy-off. This is how they get their 15%-approval-rating VP albatross off their backs, hold onto some seats in Congress in the coming deluge (Americans outvoting the electronic fraud advantage to Bushites), get some fresh face in there as VP for the '08 election (to run a respectable race), and keep Jr. out of jail. I think this may be why Clinton got involved--big crack in the WH, a threatened coup, god knows what-all. I smelled it during Katrina--something very big going on behind the scenes. And it may be that Bill/Hillary have made a deal to put Hillary in the WH (via Diebold/ES&S "trade secret," proprietary programming code in all the new electronic voting systems and other machinations of the powers-that-be). I don't necessarily despise Bill/Hillary for this, if this is what they've done--it's just reality. But it might well give us our one chance to get rid of Diebold/ES&S in one fell swoop through national legislation--rather than the long county by county, state by state, slog we have ahead of us to restore our right to vote.
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lyonn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 05:00 PM
Response to Reply #3
27. Don't know where Dead-eye is but I saw Rummy
standing with Warner, Lieberman, top brass, etc. for a news conference a short while ago. All blathering about how great a friend the UAE was to the U.S. Gotta love that Lieberman, think he will keep his Senate seat?
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neoteric lefty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:05 PM
Response to Original message
4. We need to do two things
1) Make sure that this deal does not go to KB&R, Halliburton, or any companies with so many hands in the cookie jar.

2) Make sure Bush cannot do one of his usual (god I hate this word) flip-flops. We need to show that he was and still is wrong about this issue (and 99% or all others). The MSM needs to hold him accountable for this.
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SoFlaJet Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:07 PM
Response to Reply #4
7. it's just failure after miserable incompetent failure
from this administration isn't it?
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file83 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:06 PM
Response to Original message
6. BUSH FAILURE!!!! Add this one to the list....
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:09 PM
Response to Reply #6
9. Planned all along. The GOP can now take credit for "saving" the ports.
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file83 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:42 PM
Response to Reply #9
16. Yes, but BUSH is the brand name for the GOP. BUSH=GOP so this spells
disaster for them against the Dems in 2006. All the Dems have to illustrate to the voters is how their opposition (Repugs) have supported Bush over the years - The same man that wanted to give the US Ports to the UAE!
"Is that the kind of future you want representing you? Secure America. Vote for (Dem X)."
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 03:18 PM
Response to Reply #16
19. With a 60% disapproval rating?
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file83 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 03:27 PM
Response to Reply #19
22. Yes - Good point - considering that originally Bush had
about a 51% approval rating from the 2004 election, that means that with only a 40% approval rating now, 11% have reservations about the GOP. Those moderates can be brought over to vote for Dems through the Bush/GOP connection campaign. That's a good thing.
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rocktivity Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:10 PM
Response to Original message
10. WHAT U.S. entity? And what are their ties to the Repubs and Bush?
Dems should demand an public open bidding process!

:headbang:
rocknation
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file83 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:44 PM
Response to Reply #10
17. EXACTLY. Is this "US Entity" just a subcontractor for Dubai Ports?
How will we know unless they reveal the identity of the entity?
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lyonn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 05:12 PM
Response to Reply #10
28. Who has the money to buy this deal in the U.S.
This sounds like it could be one of those "six" corner deals and difficult to figure out who owns what. I assume the Brit. Co. bought this deal/ports from the U.S.?? If so, how can the Brit. Co. sell their part to another Co.? What were the terms of the original deal? How many years was the contract for? Life? Wouldn't it be interesting to read the original contracts for the ports, all of them.
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:10 PM
Response to Original message
11. A Florida Republican congresswoman was wailing on the House floor,
holding up a bill to declare Clinton's home a national site, because she demanded to know Clinton's complicity in getting the Dubai deal, an affront to national security.

Hilarious.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 03:41 PM
Response to Reply #11
23. Brown-Waite? Brown-Nose?
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 04:05 PM
Response to Reply #23
24. that's the one
It was unreal. Trying to blame the Clenis again.
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roguevalley Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:14 PM
Response to Original message
12. and this is better because? Al-Qaeda brags about infiltrating
UAE. All it takes is one of their middle management people on either side of the water to be on their team. (Unless I don't have enough info and they are what? Finding someone else to do it for them?)
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wisteria Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 02:25 PM
Response to Original message
14. Yeah, until no one is paying attention, then they will forge a deal
and no one will be the wiser. I think we need to pursue the bill not allowing this-ever to happen.
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Walt Starr Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 03:22 PM
Response to Original message
20. BREAKING: Both Congressional Republicans and the White House given cover
Democrats make no gains over an issue that should have been a slam dunk for them.

Film after the election.
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wisteria Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 03:26 PM
Response to Original message
21. Halliburten? Is that the American Co.? n/t
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blondeatlast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-09-06 04:39 PM
Response to Reply #21
25. From Hoover's Online, hoping someone else can get some grittier material:
It appears that at least Halliburton considers themselves American:

Delivered via...

Fact Sheet
Overview
History
People
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Subsidiaries & Affiliates
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Print This Page
Halliburton Company (NYSE: HAL)
5 Houston Center, 1401 McKinney, Ste. 2400
Houston, TX 77010 Phone: 713-759-2600
Fax: 713-759-2635

http://www.halliburton.com

Hoover's coverage by Joe Simonetta



All Halliburton wants is to be the largest engineering/construction and oilfield services company in the world. The company's KBR (Kellogg Brown & Root) division has two segments: Government and Infrastructure provides construction, logistics, maintenance, engineering, project management, security, and dockyard services; and Energy and Chemicals deals with engineering, construction, and project management for the energy and chemical manufacturing industry. Halliburton's Energy Services Group provides oilfield services such as pressure pumping, production enhancement, and well drilling. Because of extensive (and controversial) government contracts, Iraq accounts for more sales than any other geographic region.



Full Overview

Key Numbers
Company Type Public (NYSE: HAL)
Fiscal Year-End December
2005 Sales (mil.) $20,994.0
1-Year Sales Growth 2.6%
2005 Net Income (mil.) $2,358.0
2004 Employees 97,000
1-Year Employee Growth (4.0%)

More Financials
Key People
Chairman, President, and CEO David J. (Dave) Lesar
EVP and COO Andrew R. (Andy) Lane
EVP and CFO C. Christopher Gaut
CIO Ross Philo
SVP Sales and Marketing, KBR Ken Allen

More People
Top Competitors
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Technip
Full Competitor List

Rankings
#101 in FORTUNE 500
S&P 500
#258 in FT Global 500

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(company name or ticker symbol)Hoover's Company Information
Copyright © 2006, Hoover's, Inc.
Austin, Texas

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