Posted on 01/17/2020 8:35:59 PM PST by cba123
WASHINGTON — President Trump’s administration is weighing whether to seek changes to a 1977 law that makes it illegal for U.S. companies to bribe foreign officials.
“We are looking at it,” White House Economic Adviser Larry Kudlow said at the White House on Friday in response to a reporter’s question about the Foreign Corrupt Practices Act.
(Please see full article at the link)
America, is hopelessly hobbling American companies, in every county in the entire world.
Don't offer a bribe - buy a 'speech' for $400,000...
That's what the Clinton did - it's what the deep state does - it's what military contractors do...
Our international competitors have had a wonderful time with us out of the game. Bribery is the way the rest of the World does business.
I worked for an attorney on a tax case to get clients tax audit reduced. I thought we got an excellent result based on novel income recreation methods. The attorney told me the client who was from Greece was very disappointed in outcome and that he felt the attorney should have known the proper government officials to bribe.
[[ White House considers changes to law banning overseas bribes]]
What? What? What? No more mail order bribes? What are all the lonely hearts gonna do now?
We play the game now - only the word ‘bribe’ was replaced by the word ‘offset’.
Ask any company selling weapons overseas what they gave for offsets. I know they’ve built hotels for politicians, and in another case a major US manufacturer agreed to purchase thousands of tons of fish from the brother of a defense official in a NATO country.
This won’t change a thing.
Money laundering by any other name...
Yeah, I always thought it was sanctimonious for the US to say that the standard way business is done in some locales is beneath us.
Never mind.
I don’t get the joke?
We, like everyone else, have been lying to other countries for years. It’s called diplomacy.
rwood
I know the character- but not getting the connection to the dumb joke i posted-
Btw, I thought your joke was great, as did the CC'd FReeper. Comedy gold.
Well, we now have that Network of Pipes.
It’ NOT like a truck....
[Though a Station Wagon of hard drives hss Yuge bandwidth...]
I’m sure this is already a law just like so many other laws that are being ignored.
Well, we now have that Network of Pipes.
It’s NOT like a truck....
[Though a Station Wagon full of hard drives has Yuge bandwidth...]
L8r 3
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.