KRUGMAN AND HERBERT

Paul Krugman and Bob Herbert deliver a one-two punch this morning. Krugman wants to know: "Where's The Apology?" He doesn't see any: "George Bush promised to bring honor and integrity back to the White House. Instead, he got rid of accountability." Two key grafs:

As far as I can tell, nobody in the Bush administration has ever paid a price for being wrong. Instead, people are severely punished for telling inconvenient truths. And administration officials have consistently sought to freeze out, undermine or intimidate anyone who might try to check up on their performance.

If you're with them, you pay no penalty for being wrong. If you don't tell them what they want to hear, you're an enemy, and being right is no excuse.

In "The Halliburton Shuffle," Herbert reminds us of that megacompany's scandalous avoidance of corporate income taxes by establishing off-shore tax shelters in the Cayman Islands, Bermuda, Trinidad and Tobago, Panama, Liechtenstein, and Vanadu.

Herbert writes: "When I asked how much Halliburton paid in federal income taxes last year, a company spokeswoman, Wendy Hall, said, 'After foreign tax credit utilization, we paid just over $15 million to the I.R.S. for our 2002 tax liability.'"

Compare that amount to the billions of dollars Halliburton is earning from U.S. government contracts in Iraq alone. And what a nice corporate phrase for a tax dodge: "foreign tax credit utilization." Give that woman a language transplant. The dodge is legal, of course, but how about Halliburton's "foreign bribe and overcharge utilization?"

January 30, 2004 7:41 AM |

Categories:

Me Elsewhere

'WILD SIDE' STILL ROCKS 

Nelson Algren was one of the great American authors of the 20th century, it is no exaggeration to say, and among the most neglected. Consider his underrated classic, "A Walk on the Wild Side." The title -- popularized and co-opted as an idiomatic phrase by Hollywood and Madison Avenue (institutions Algren loathed) -- is familiar to most anyone who speaks English or knows Lou Reed's lyrics. But the novel itself? Hardly.

BUSTER KEATON REVISITED 
Buster Keaton: Tempest in a Flat Hat is not a biography. "This book is merely a fan's notes," Edward McPherson writes in the introduction, although his publisher ignores the disclaimer and calls it a biography on the cover. In fact, the book is a bit of both, a difficult combination to bring off unless you're David Thomson, who set the standard with Rosebud, his penetrating rumination on the life and career of Orson Welles, which was nothing if not a distillation of every obsessive thought he ever had about the myth and the man and all his movies.
LAUREN BACALL, STILL SALTY AT 80 
When Lauren Bacall writes that her singing voice ranges "somewhere between B minus sharp and outer space," she's being candid and funny. It's not every stage star with two Tony Awards for best actress in a musical whose vocal talent offers so little promise. (OK, Harvey Fierstein excepted.) Still less would one admit it.
THE STARS ACCORDING TO BOGDANOVICH 
Peter Bogdanovich's superb collection of movie-star profiles and interviews -- a sequel to Who the Devil Made It, his interviews of top film directors -- begins with an affectionate tale about Orson Welles that reminds us just how intimate the author's connection to Hollywood's greatest has been. But contrary to what we've come to expect from dime-a-dozen celebrities and celebrity interviews not worth two cents, the tale avoids bromidic egotism and journalistic platitudes.
HERMAN WOUK'S LATEST 
It's hard to say which comes off worse in Herman Wouk's latest novel, his first in a decade: the U.S. Congress or the American press. "A Hole in Texas" offers the choice between two emblematic stereotypes: a red-faced opportunist who heads the House Armed Services Committee and a mustachioed investigative reporter for the Washington Post.
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