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Thread: First Indictment in Uranium One Deal

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    Champ DONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond repute
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    First Indictment in Uranium One Deal


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    Champ dawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond repute dawg80's Avatar
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    Re: First Indictment in Uranium One Deal

    The REAL Russian collusion.

    I hope this Lambert guy turns state evidence, in exchange for a deal, and he outs the real culprits: obummer, Krooked Killary et al.

    Of course, fairly soon this fellow will die a mysterious death....and the list of victims of the evil Klinton Kartel will grow.

  3. #3
    Dawg Adamant Argument Czar Guisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond repute Guisslapp's Avatar
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    Re: First Indictment in Uranium One Deal

    Bribery of foreign officials will get you jail time.

  4. #4
    Champ dawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond reputedawg80 has a reputation beyond repute dawg80's Avatar
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    Re: First Indictment in Uranium One Deal

    Quote Originally Posted by Guisslapp View Post
    Bribery of foreign officials will get you jail time.
    Yep, when I was actively involved in international business, we were always very careful to avoid even the implications of doing a quid pro quo with any foreigner, be they a government official, or a foreign business man. It is very well known that offering what we call "bribes" is just a way of doing business in many countries. They have no laws against it, so their folks aren't committing a crime. But US laws prohibit Americans from engaging, even by passively accepting a "gift," in such activities.

    Now, maybe it's past time for the US to amend that regulation. It's one of many, many regulations that put American businesses at a competitive disadvantage. I worked for a small, family-owned business, for about 2 years, and of course we did everything "by the book." I can't tell you the number of lucrative contracts we missed out on simply because a foreign competitor had no reservations about playing the game, the way we weren't allowed to. In many cases, there was no tangible harm to anyone....meaning, it's not like someone lost something in exchange for someone else getting something. Some times the foreign businessman I was dealing with would shake his head in utter disbelief. One of them said to me, you Americans are silly with your rules. And, in effect, said, but go on shooting yourself in the foot.

    As of today, January 14, 2018 the very strict regulations are still in place, and have been for decades. So, any American who has accepted "bribes" or offered such, has violated federal law. Part of the issue, though, is defining what exactly is a "bribe." We had several domestic competitors who appeared to push the envelope, were investigated by USITC and Dept of Commerce and found to be "okay." Maybe they got a cautionary warning.

    Side note: this issue is just another example of the ridiculously bloated federal beaurocracy where a bunch of agencies have a piece of the same issue. How about just ONE agency that has ALL regulatory responsibility for US international trade? Nah, that wouldn't work because that would mean draining the swamp.

  5. #5
    Dawg Adamant Argument Czar Guisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond repute Guisslapp's Avatar
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    Re: First Indictment in Uranium One Deal

    Only the US government can bribe foreign officials. They want to protect their monopoly.

    But actually most of the modern world has laws against bribing foreign officials, and the UK laws are even stricter. These laws have some degree of extra-territorial effect because they are enforced against even the most mundane acts performed by US/UK people that facilitate the bribe. In isolated cases it may put US businesses at disadvantage against a foreign business that has no activity in anti-bribe jurisdictions, but I think the US/UK and others are making the right decision to reduce corruption, which only hurts the people of the countries encouraging the corruption and it lets the businesses of the modern world compete with each other on an ethics basis.

    These laws are against bribing other governments (or their proxies) - not the bribery of US people by foreigners.

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