Wednesday, May 25, 2005

Haliburton Malfeasance

This is simply disgusting. A Halliburton employee, injured in a bombing attack in Iraq, is having trouble getting health insurance benefits.

This line, though, REALLY smacked me between the eyes:

"Because he worked for Halliburton's KBR, which uses Cayman Island subsidiaries to employ 70 percent of it's workers, Baltazar is not eligible for unemployment."

Read the story here.

There is an attitude amongst the corporate elite in this country that making money is the most important thing and it doesn't matter what rules you have to skirt to do it. Undoubtedly KBR realizes tremendous savings by 'siting' it's employees in the Cayman Islands. However, this ends up being one more way in which Halliburton sticks a thumb in the eye of America.

Individuals and Corporations have a moral obligation to pay back and pay for the social and economic infrastructure that allowed them to flourish in the first place. In the United States there is no civil war, no social unrest, no terrorists killing soldiers every day, a reasonably robust economy, educated workforce, well-functioning infrastructure, and so on. Yet by jumping through these tax loopholes, Halliburton and other large companies like it manage to take but not give back. They end up being leeches on the society that spawned them.

To quote Bob Dole, "where is the outrage?"

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