Mark #92 Business is business! - Comment - Israel News | Haaretz Daily Newspaper
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    • Hubal
    • 25.10.07 | 16:57 (IST)

    US is a corporatist plutocracy, and about as close to a rogue State as you can find. Halliburton are truly representative of all that is wrong with US Inc. They got something like $20 Billion last year for work in Iraq,(about 4 times the UN World development budget) all on a Cost plus basis. ie;guaranteed to cover costs and provide a profit on top. None of the contracts were bid for, none require local labour so can be outsourced at will-and to repay the taxpayers of the US, they go and register themselves in Dubai to avoid a hefty US tax bill thus ensuring the US taxpayer makes good the missing billions in tax revenue! And to think Israel is criticised for draining the US of foreign aid!!

    from the article: Livni behind closed doors: Iran nukes pose little threat to Israel
    First published 00:00 25.10.07 | Last updated 00:00 25.10.07
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