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Originally posted by madmax
I didn't see the story and I have no idea what the hell Tom is talking about but if any of you have a problem with the US doing business with Haliburton then how about telling us who the US should be buying those products or services from. I believe there are only 2 companies on the whole planet that are the main suppliers of oil services and drilling equipment. One is Haliburton and the other is Schlumberger. It's not like buying a 40 at the corner bodega. You cant go down to the local Kmart, Walmart, or Home Depot and buy drilling equipment.
There are many other industries that are the same way. If the government was going to purchase mid-size or jumbo passanger jets they would have to buy from one of two companies, Boeing or Airbus. Boeing is a US company while Airbus is owned by the French and Germans. Boeing manufacturers the Airforce One. Does the government buy from Boeing because Dick Chaney used to work there is it because they are the only manufacturer? Why did Haliburton do billions of dollars in business when Clinton was President?
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I thought this was the case...but I wasn't sure so I didn't say. WHo else besides Haliburton and Schlumberger could handle the job? Please correct me if I'm wrong.