Globalization, NAFTA buzz words used to distribute corporation wealth overseas to hide from paying US taxes. Why do you think corporations such as General Electric have headquarters overseas? It's a joke that corporations pay such a low tax rate while the average working stiff takes on the burden. https://video.search.yahoo.com/yhs/search?fr=yhs-mozilla-002&hsimp=yhs-002&hspart=mozilla&p=60+minutes+expose+on+corporate+taxes#id=3&vid=a012f567146449afdf6707d450e34fcd&action=click
7 replies (most recent on top)
Uncle bobble head will get his bonus no matter what. Remember boys and girls, he like most others negotiated their contract and pay, benefits, golden parachute, etc, etc. He gets it no matter what. Of course if the company finally folds up, one last hold out may punch him right in the snoz as he walks out on his last day. Well gee, you that are still in the cesspool can always hope he goes home with a bloody nose.
You are correct, but.....
Do not confuse what Davey boy is doing and what trump is going to do.
First off, David is a liberal and clearly supports that movement..... He will continue to get his bonus at the employees expense. What I mean is that we have no work going out, no jobs, our output far exceeds our input. As you know this is not sustainable. What Davy boy does have is a lot of employees..... For every 100 employees that get laid off, the company is saving approximately 10 million dollars on payroll, burdens & bennifits. So this is one of the way that Halliburton can show that they are not that much in the red. There are many many other ways that Halliburton accounting is moving funds around to show that they are still profitable, but when thing start getting bad for Davy boy, they just layoff employees to show quick and easy profit margins, after all people aren't people in Davy boys world, we are assets remember????
As for Trump, sit back and give him a chance, he is putting a good team together. If he lied during his run, we will find out within the first 90 days..... Definately within 6 months.
Trump is not a politician, nothing political can be blamed on him, NOTHING, yet!!!!! He has a lot of crap to fix. 8 years of Obama's crap, the last 4 years of Bushes crap, plus all the residual crap going all the way back to Bill Clintons crap. So definately 12 years of crap need to be corrected, plus the others mentioned.
You can't expect this new president Trump to wave a magical wand and correct this immediately, no president could, not even Reagan. I figure he will need at least two years before we start seeing correction. But we should know where his heart is after 6 months.
We should all give the guy a chance and see what he can do.......
But just watch the snake (Davy boy) at the helm of our ship because he is doing to Halliburton exactly what Obama and the Hillary administration has been doing to our country for the past 8 to 16 years.
Globalization....... Halliburton bought into this crap big time, that is why our businesses will continue to stay overseas. Watch and see
Let's see what Trump does, is he going to push legislation that benefits his business or help make America great. At this point in time all US corporation will outsource or move jobs overseas, I don't see that changing in this new adminstration if the intent is to line their wallets with more money. Look at Lesar, he still gets his bonus, position the company from #2 to #3 and he still getting his piece of the American pie. Wealth redistribution still continues to go to the 1%. Let's wait to see where Trump redistribute America's wealth.
Yes, they will defiantly inflate their numbers.
Back when we had over 90,000 employees, they boasted".........
Now that they have had to lay off over half of our workforce, they want to clam up!!!!!
My last estimation was between, 15,000 to 22,000 employees world wide.
But I have been told that these numbers are actually much much lower".........
let's see. NorthBelt has 387. Qatar has 52. Pune 12. Middle East 157, and Singapore 536. So that comes to, 1144 total. But, with the recent election results, the fallout from that may reduce the NB headcount to about 17.
Current head count is irrelevant because it will be reduced as necessary in order for "Big Red" and I use that term loosely, to show a false profit and Uncle Dave can continue to receive his bonus. Uncle Dave is on a mission to do for Halliburton what Obama has done for this once great country.