Q: What is the difference between a press release from Halliburton and an article in the New York Times?
A:
Well, lets see.
Both the New York Times, and Halliburton are corporations. One sells newspapers, the other builds oil related stuff like pipelines and refineries. *
Recently, the New York Times Company has been branching out into the internet. Halliburton has been branching out into government contracts, they provide mashed potatoes to people in the armed services as well as some other weird stuff like dismantling weapons.
Recently, Halliburton was accused of inflating costs by the government, while the New York Times Company was accused of inflating circulation numbers used to set ad rates.
Halliburton exists as a corporation to make money, as long as said actions are legal. The New York Times Company is “committed to the creation of long-term shareholder value through investment and constancy of purpose.” * It's not clear whether “constancy of purpose” means legal or not, since they don't say what that purpose is.
The New York Times makes more money if a story is controversial. Halliburton's stock price will go down if a press release is controversial, but they'll be prosecuted by the SEC if its not controversial enough.
I know! The Halliburton press release is more likely to be true!

Comments (3)
I find it incredible that people really will not accept the fact that while Cheney was CEO of Halliburton he most likely had a hypothetical business plan for Halliburton profits if Bush won the presidency. This is especially amazing given the fact that Cheney co-signed the PNAC position paper calling for the overthrow of Hussein in the 1990s and helped formulate (with wolfowitz) the new imperial aggression of the US state to enhance declining hegemony.
Not many people remember that before the Iraq invasion Cheney claimed that Hallibutron would not be getting contracts. But we live in a totalitarian nation, and multinational oil gangsters like Cheney know it, so he knows he can explicity and openly lie and it will not matter. (i.e. WMDs…flowers for soldiers…connections with Al Queada… attacking iraq NOT for their 2nd largest proven oil resources on the planet)
and America went for it! haha good luck to you all. oil is going to skyrocket. fall of house of saud? US attacks iran? venezuela embargo on US?
ernie
Posted by ernie | June 1, 2005 11:53 AM
Posted on June 1, 2005 11:53
what is questionable comment?
Posted by ernie | June 1, 2005 12:43 PM
Posted on June 1, 2005 12:43
:-)
I mostly posted this to provoke a reaction, I just wanted to make the point that both Halliburton and NYT are profit-oriented corporations, and both are distorting the truth.
Posted by Opinionated Bastard
|
June 1, 2005 6:47 PM
Posted on June 1, 2005 18:47