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> The international community usually looks to the US to be a leader in criminal justice, transparency, and the rule of law. They do?

by orf 9y ago

TravelTechGuy 9y ago
I just attended a crypto convention, where most of the speakers, some with legal background, said their respective countries are waiting to see how the US SEC rules on ICOs, before taking a similar approach.
pessimizer 9y ago
They have to use the US as a ceiling on the amount of regulation they can do, or else business will just move to the US while still operating in their country.
- Buldak 9y ago
  I guess it depends on whether you interpret "leadership" to entail virtue or excellence as opposed to influence or impact.
FabHK 9y ago
Certainly not for criminal justice. A criminal lawyer friend of mine in Berlin considers the US system a shameful travesty (1% of the adult population in prison, plea bargaining, for-profit-prisons, death penalty, and more - IANAL). Transparency and the rule of law – historically, certainly. Recently, maybe less so. FWIW, the 2017/2018 World Justice Project's Rule of Law index has the USA on rank 19 (out of 113). EDIT to add source: https://worldjusticeproject.org/our-work/wjp-rule-law-index/wjp-rule-law-index-2017–2018 https://worldjusticeproject.org/our-work/wjp-rule-law-index/...
- paulie_a 9y ago
  Under no circumstance do you ever need to use the acronym IANAL on the internet.
IAmEveryone 9y ago
In some areas, the US was indeed the driving force for changes that I believe anyone would describe as positive. One example is the legality of bribing foreign officials: these bribes were outlawed with the Foreign Corrupt Practices Act in 1977. In my home country of Germany, foreign bribes were not just legal, but actually tax-deductible until the late 1990s.
- milesrout 9y ago
  In some countries, bribery is just how the system works. I see no reason why it should be illegal. The US has no jurisdiction whatsoever over your actions in another state.

> The international community usually looks to the US to be a leader in criminal justice, transparency, and the rule of law. They do?

by orf 9y ago

> The international community usually looks to the US to be a leader in criminal justice, transparency, and the rule of law. They do?

TravelTechGuy 9y ago

I just attended a crypto convention, where most of the speakers, some with legal background, said their respective countries are waiting to see how the US SEC rules on ICOs, before taking a similar approach.

pessimizer 9y ago

They have to use the US as a ceiling on the amount of regulation they can do, or else business will just move to the US while still operating in their country.

Buldak 9y ago
I guess it depends on whether you interpret "leadership" to entail virtue or excellence as opposed to influence or impact.

FabHK 9y ago

Certainly not for criminal justice. A criminal lawyer friend of mine in Berlin considers the US system a shameful travesty (1% of the adult population in prison, plea bargaining, for-profit-prisons, death penalty, and more - IANAL). Transparency and the rule of law – historically, certainly. Recently, maybe less so. FWIW, the 2017/2018 World Justice Project's Rule of Law index has the USA on rank 19 (out of 113). EDIT to add source: https://worldjusticeproject.org/our-work/wjp-rule-law-index/wjp-rule-law-index-2017–2018 https://worldjusticeproject.org/our-work/wjp-rule-law-index/...

paulie_a 9y ago
Under no circumstance do you ever need to use the acronym IANAL on the internet.

IAmEveryone 9y ago

In some areas, the US was indeed the driving force for changes that I believe anyone would describe as positive. One example is the legality of bribing foreign officials: these bribes were outlawed with the Foreign Corrupt Practices Act in 1977. In my home country of Germany, foreign bribes were not just legal, but actually tax-deductible until the late 1990s.

milesrout 9y ago
In some countries, bribery is just how the system works. I see no reason why it should be illegal. The US has no jurisdiction whatsoever over your actions in another state.