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Showing posts with label boston globe. Show all posts
Showing posts with label boston globe. Show all posts

Friday, March 07, 2008

in answering a comment

cv rick made to one of my postings yesterday, i said i heard a story on npr on my way home from work. it was about kbr (yes, the former halliburton kbr) and how they avoid paying taxes and social security on the THOUSANDS of people they hire. npr said they got the story from the boston globe. here are both stories. NOTE: it's NOT illegal BUT IT'S F**KING DIRTY
Top Iraq contractor skirts US taxes offshore
Shell companies in Cayman Islands allow KBR to avoid Medicare, Social Security deductions

By Farah Stockman
CAYMAN ISLANDS - Kellogg Brown & Root, the nation's top Iraq war contractor and until last year a subsidiary of Halliburton Corp., has avoided paying hundreds of millions of dollars in federal Medicare and Social Security taxes by hiring workers through shell companies based in this tropical tax haven. More than 21,000 people working for KBR in Iraq - including about 10,500 Americans - are listed as employees of two companies that exist in a computer file on the fourth floor of a building on a palm-studded boulevard here in the Caribbean. Neither company has an office or phone number in the Cayman Islands.
The Defense Department has known since at least 2004 that KBR was avoiding taxes by declaring its American workers as employees of Cayman Islands shell companies, and officials said the move allowed KBR to perform the work more cheaply, saving Defense dollars........


Major Iraqi Contractor Doesn't Pay Taxes

audio link at the above

Tuesday, January 29, 2008

wow

james carroll, will you marry me well, at least be my bud?
what an analysis!

Our one-way trip to disaster
By James Carroll
YOU AND everyone you love are riding on a large bus. The bus driver, unskilled and careless, drives too fast, ignores traffic signals, and barrels off the road occasionally. Because the bus is huge, other vehicles swerve to get out of its way, with cars crashing repeatedly. But your driver just keeps going, leaving carnage in his wake. Naturally, you are terrified - but your reactions are irrelevant.
Finally, the bus itself crashes, killing many. Miraculously, you and your loved ones climb out of the wreckage. A second bus is standing by, and you gratefully scramble aboard. The engine starts up, but then the bus lurches dangerously onto the road, going too fast. Only then do you see that this new bus has the same driver, and he has learned nothing. Welcome to the United States of America. And welcome to the annual State of the Union address.
Every year, the nation looks up from the wreckage, only to see that the same unskilled and careless driver is still at the wheel, bombing along. Each January, he explains himself. You already know what he will say. His one admirable quality is that, over the years, he has always said exactly what to expect. A review of the Bush speeches has an "I told you so" quality, going back to the start. That raises the question, Why have you repeatedly been surprised?..........