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To: radicalamericannationalist
But are American jobs and security reason enough to cause the contractor to pay market wages?

In the story, it says "AMFELS is a subsidiary of Keppel Offshore & Marine, Ltd. of Singapore, which makes about 60 percent of the world's jack-up oil rigs"; I don't believe that Singaporean companies care at all about American jobs or American security.

You will find the same is true with American companies in other countries; they are not there to worry about the locals' employment conditions or the foreign country's security. They are there to make money from a business opportunity, and generally have no loyalty or other greater interest in the area. (Yes, I know that there are exceptions, but I cannot even think of one at present.)

6 posted on 09/30/2004 9:10:55 PM PDT by snowsislander
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To: snowsislander
Well, that gets into the whole stick issue of why foreigners are defense contractors.
7 posted on 09/30/2004 9:14:59 PM PDT by radicalamericannationalist (Kurtz had the right answer but the wrong location.)
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To: snowsislander
Check here

Says: Keppel Offshore & Marine (AMFELS), Brownsville TX

Record of Post-WWII Shipbuilding

Marathon LeTourneau's Brownsville shipyard was sold to local interests in the early 1990s and then sold again to Keppel FELS (now Keppel Offshore & Marine) which renamed it AMFELS and re-entered the rigbuilding business.

Doesn't give dates for last company turnover though.

8 posted on 09/30/2004 9:18:10 PM PDT by LNewman
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