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To: conservative in nyc; Paradox; truthkeeper; FormerACLUmember; bray; freeangel

Blame her for what? You just said it's all up-and-up, and then you said she can't be blamed for "it." Curious.


25 posted on 07/15/2004 9:52:35 PM PDT by I-53 (Proud Member of the Patriotic Street Gang--GB Division)
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To: I-53
I said Heinz' operations seem to be on the up-and-up legally; whether they are doing the right thing ethically or morally are separate issues. The "it" that I was referring to was the decision to sell the StarKist division, paying American Samoan workers less than those in other parts of the U.S. (regardless of minimum wage laws which allow it), taking advantage of a huge tax loophole so that virtually no U.S. or American Samoan income tax is paid on the cannery operations, and how Heinz ran their American Samoan operations generally.

You know that I've been looking into the StarKist sale, as well as Tuh-ray-zuh's finances generally. The DelMonte proxy with details of the StarKist sale is here. I wish it told me that Tuh-ray-zuh owned 100% of the American Samoa plant herself, was running the day-to-day operations there, and was taking advantage of tax credits to earn tax-free income. It doesn't. And Kerry's Senate disclosure forms don't show that she owned anything of the sort. Now, she could have could owned the American Samoa cannery through one of her hedge funds which doesn't list its assets, but I have no proof or reason to believe that the American Samoa operations were owned that way. That doesn't mean I haven't stopped looking.
33 posted on 07/15/2004 10:13:44 PM PDT by conservative in nyc
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