Showing posts with label american cronyism. Show all posts
Showing posts with label american cronyism. Show all posts

Monday, July 30, 2007

Why Americans Hate the Media

1. Because major media figures show no sense of ethics.
2. Because they do not care how the stories they cover affect people's lives.
3. Because they're wrong all the time and never have to admit it.
4. Because they have boring, one-track minds.
5. Because they are pampered, lazy know-nothings.
6. Because they think that the normal rules of civilization do not apply to them.
7. Because they think that everyone else is as dumb as they are.
8. Because they are so out of touch with the people that they don't even know that they're out of touch with the people.
9. Because they wouldn't care if they did know they're out of touch with the people.
10. Because they take nothing seriously and can't imagine why anyone else would.
- the Vanity Press
- John

Wednesday, March 14, 2007

Staying the course in Iraq makes sense... for Halliburton

Why staying the course makes sense for Halliburton:

[...]

Today, almost 90 years after Vida Halliburton's eyes glanced upon the gold band around her finger, the company that took the family name is now a vast multinational with operations in more than 120 countries. It enjoys a remarkably close relationship with the Bush administration whose Vice-President, Dick Cheney, was its CEO between 1995 and 2000, and holds no-bid contracts worth billions of dollars. Last year it made $2.6bn (£1.3bn) in profits from revenues of $22.6bn.

But Halliburton also comes with plenty of controversy and the company has been at the centre of numerous inquiries over alleged accounting malpractice, suspicious payments to officials and overcharging.


While Congress was barely able to muster a "what a shame" for blatant American cronyism, Congress did find the move of Halliburton's headquarters to Dubai beyond the morality of good behaviour, Democrats leading the folly:

But news of the proposed move, announced at the weekend, has brought an immediate and bitter backlash. A number of senior Democrats have accused the company of nothing less than a blatant attempt to avoid both paying US taxes and the heat of the ongoing federal investigations into its business operations. How could a company that had benefited from so many government contracts, they asked, simply up and leave? There were vows that Congress would launch new investigations.


Read the whole story: The Independent