Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Cincinatus' Wife
Good news! Economic corruption is one of the biggest blights of Latin America.

It's also good to hear that the US plans to be stricter on the matter of US companies that "go native" by giving out bribes for contracts. Being really firm on this matter is like refusing to negotiate for hostages: it's going to be difficult, and there may be losses, but ultimately it will result in the end of the practice. US companies that give bribes, often in the form of mysterious transfers to "corporations" hastily constituted on some tiny island, and most often to the heads of the LatAm corporations with whom they wish to do business (sometimes to regulatory authorities, as well), are simply keeping the practice alive and even upping the ante. (An inflationary spiral in the buying of Latin American corporate and government officers?)

I think our failure to use immigration and banking laws to try to put the brakes on corruption in Latin America is something that has significantly undercut our efforts there.

10 posted on 03/11/2002 4:14:17 AM PST by livius
[ Post Reply | Private Reply | To 1 | View Replies ]


To: livius
I think our failure to use immigration and banking laws to try to put the brakes on corruption in Latin America is something that has significantly undercut our efforts there.

Yes, we need to use the laws on the books and not continue grinding out more and more.
Let's try seeing how those laws work and send the legislators packing for a big part of the year.

11 posted on 03/11/2002 4:19:46 AM PST by Cincinatus' Wife
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson