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A Bribery Ban Backfires

Robert437 Wrote: Apr 29, 2012 10:45 AM
Who the hell is the US to stop bribes in Mexico when our own leader uses bribes every day?
Hamilcar Barca Wrote: Apr 29, 2012 12:13 PM
Cornhusker Kickback and the "Louisiana Purchase" come to mind. Thank you BHO for doing here what would get you thrown in jail had you done south of the border. Oh wait, I guess you are doing it in foreign areas IE the Palestinian Authority.
Until 1977, there was no country that criminalized the practice of bribery abroad. But that year, President Jimmy Carter signed a law making the United States the very first. In due course, this measure eliminated corruption from every nation where our corporations operate.

Yes, it did -- right after Carter got a tattoo and a Harley. In fact, bribery remains a way of life in much of the world, including rapidly developing countries where American multinationals need to be. These firms often are forced to choose between following age-old local custom in order to compete and obeying U.S. law, which may leave...