Halliburton: Desperate Enough to ask Ex-IM for Corporate Welfare?

charlie — Mon, 26 Jan 2015 22:14:54 +0000

What do you do when the price of oil plunges, and your stock drops from 75 to 40 over 6 months?

When you’re Halliburton, you start looking a bit desperate.

You cut a thousand jobs (with more expected to come).

You talk with one of your competitors about merging to insulate yourselves from the free market.

And maybe you go to the taxpayer-funded Ex-Im bank (which the WSJ calls the “flagship of crony capitalism”) for a handout.

Forget the fact that friends in Congress — like Rep. Darrell Issa (who took $5,000 from HAL during the last cycle) — tried to kill Ex-Im a few months ago.

Thousands of US military veterans heed Occupy rallying cry, denounce Halliburton

editor — Sun, 06 Nov 2011 18:09:38 +0000

From the stock exchange, the veterans walked down Broadway to the bronze bull that symbolizes the stock market.

“Halliburton and Bechtel think these wars are swell,” they chanted, invoking the names of American companies that received federal contracts for work rebuilding Iraq.

They say those who risked their lives fighting for their country have the right to protest economic policies and business practices that give them a slimmer chance of finding jobs than most Americans.

From 2008 to 2011, veterans’ unemployment rose 5.1 percentage points, according to the Bureau of Labor Statistics.

More: http://lubbockonline.com/filed-online/2011-11-03/thousands-us-military-veterans-heed-occupy-rallying-cry#.TrbMqkBt-zl

Halliburton Watch

Halliburton: Desperate Enough to ask Ex-IM for Corporate Welfare?

Thousands of US military veterans heed Occupy rallying cry, denounce Halliburton