Word: sittig
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From her second-floor offices bordering the sparkling Caribbean at Charlotte Amalie, the capital of the U.S. Virgin Islands, Catherine Sittig presides over one of the corporate-welfare system's most enduring success stories...
...Sittig's company represents hundreds of U.S. corporations--she won't say exactly how many--that have offshore affiliates in the islands. This isn't as demanding as it might sound. It's largely a matter of filing papers and mailing out invoices. After all, the companies she represents are just paper entities. But they have come to represent a drain, created by Congress and perfectly legal, of $1.7 billion annually on the U.S. Treasury...
...their FSC--a perfect excuse for a vacation in the Caribbean. Indeed, an FSC brochure put out by the Virgin Islands government extols the deep-sea fishing, the snorkeling, the reefs, the beaches, the 80[degree] weather. Its cover reads: U.S. EXPORTERS: TAKE A TAX BREAK IN PARADISE. Catherine Sittig, the FSC manager, said that when she asked one executive why he had located his FSC in Bermuda, he replied, "Because I play golf...
...company Sittig oversees on St. Thomas, Export Assist Virgin Islands, is one of the islands' largest FSC managers. It employs seven people. Joseph G. Englert, president of its parent, Export Assist, Inc., San Francisco, disputes the notion that FSC management companies are just paper-shuffling operations. "We help [clients] with sales," he says. "We help them with transportation. We do what they call those economic processes, and we do a fair amount, [as] documented by real money being spent in our offices... So things really are going...
...candidates avoid feminist labels. They play the political game by traditional rules, rising through the party hierarchy. Their presence in elections has become so commonplace that voters have almost ceased to notice it. "I think the (gender) issue has been neutralized," says University of Nebraska Political Scientist Robert Sittig. "The Nebraska candidates had established themselves long before this election. I think people see them as career politicians." Irene Natividad, head of the National Women's Political Caucus, agrees: "There are more women in the political pipeline than there used to be." Although the number of women candidates for Congress...