{"id":525,"date":"2004-01-30T07:41:41","date_gmt":"2004-01-30T15:41:41","guid":{"rendered":"http:\/\/www.artsjournal.com\/herman\/wp\/2004\/01\/krugman_and_herbert\/"},"modified":"2004-01-30T07:41:41","modified_gmt":"2004-01-30T15:41:41","slug":"krugman_and_herbert","status":"publish","type":"post","link":"https:\/\/www.artsjournal.com\/herman\/2004\/01\/krugman_and_herbert.html","title":{"rendered":"KRUGMAN AND HERBERT"},"content":{"rendered":"<p><P>Paul Krugman and Bob Herbert deliver a one-two punch this morning. Krugman wants to<br \/>\nknow: <A\nhref=\"http:\/\/www.nytimes.com\/2004\/01\/30\/opinion\/30KRUG.html\"><B><EM><FONT\ncolor=#003399>&#8220;Where&#8217;s The Apology?&#8221;<\/FONT><\/EM><\/B><\/A> He doesn&#8217;t see any:<br \/>\n&#8220;George Bush promised to bring honor and integrity back to the White House. Instead, he got rid<br \/>\nof accountability.&#8221; Two key grafs:<\/P><br \/>\n<BLOCKQUOTE>As far as I can tell, nobody in the Bush administration has ever paid a price for<br \/>\nbeing wrong. Instead, people are severely punished for telling inconvenient truths. And<br \/>\nadministration officials have consistently sought to freeze out, undermine or intimidate anyone<br \/>\nwho might try to check up on their performance.<br \/>\n<P>If you&#8217;re with them, you pay no penalty for being wrong. If you don&#8217;t tell them what they<br \/>\nwant to hear, you&#8217;re an enemy, and being right is no excuse.<\/P><\/BLOCKQUOTE>In <A\nhref=\"http:\/\/www.nytimes.com\/2004\/01\/30\/opinion\/30HERB.html\"><B><EM><FONT\ncolor=#003399>&#8220;The Halliburton Shuffle,&#8221;<\/FONT><\/EM><\/B><\/A><EM><FONT\ncolor=#003399> <\/FONT><\/EM>Herbert reminds us of that megacompany&#8217;s scandalous<br \/>\navoidance of corporate income taxes by establishing off-shore tax shelters in the Cayman Islands,<br \/>\nBermuda, Trinidad and Tobago, Panama, Liechtenstein, and Vanadu.<br \/>\n<P><\/P><br \/>\n<P>Herbert writes: &#8220;When I asked how much Halliburton paid in federal income taxes last year, a<br \/>\ncompany spokeswoman, Wendy Hall, said, &#8216;After foreign tax credit utilization, we paid just over<br \/>\n$15 million to the I.R.S. for our 2002 tax liability.'&#8221; <\/P><br \/>\n<P>Compare that amount to the billions of dollars Halliburton is&nbsp;earning from U.S.<br \/>\ngovernment contracts in Iraq alone. And what a nice corporate phrase for&nbsp;a tax dodge:<br \/>\n&#8220;foreign tax credit utilization.&#8221; Give that woman a language transplant. The dodge is legal, of<br \/>\ncourse, but how about Halliburton&#8217;s &#8220;foreign bribe and overcharge utilization?&#8221;<\/P><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paul Krugman and Bob Herbert deliver a one-two punch this morning. Krugman wants to know: &#8220;Where&#8217;s The Apology?&#8221; He doesn&#8217;t see any: &#8220;George Bush promised to bring honor and integrity back to the White House. Instead, he got rid of accountability.&#8221; Two key grafs: As far as I can tell, nobody in the Bush administration [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[],"class_list":{"0":"post-525","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-main","7":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pbvgEs-8t","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.artsjournal.com\/herman\/wp-json\/wp\/v2\/posts\/525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.artsjournal.com\/herman\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.artsjournal.com\/herman\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/herman\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.artsjournal.com\/herman\/wp-json\/wp\/v2\/comments?post=525"}],"version-history":[{"count":0,"href":"https:\/\/www.artsjournal.com\/herman\/wp-json\/wp\/v2\/posts\/525\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.artsjournal.com\/herman\/wp-json\/wp\/v2\/media?parent=525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.artsjournal.com\/herman\/wp-json\/wp\/v2\/categories?post=525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.artsjournal.com\/herman\/wp-json\/wp\/v2\/tags?post=525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}