4 ms·
>>This would be fine if Treasury, Commerce & DOJ put the screws to foreign countries & companies who engage in this misconduct, They do, but they level the pla
by gadders 4y ago
>>This would be fine if Treasury, Commerce & DOJ put the screws to foreign countries & companies who engage in this misconduct,
They do, but they level the playing field in other ways:
"That's right, my continental friends, we have spied on you because you bribe. Your companies' products are often more costly, less technically advanced or both, than your American competitors'. As a result you bribe a lot. So complicit are your governments that in several European countries bribes still are tax-deductible.
When we have caught you at it, you might be interested, we haven't said a word to the U.S. companies in the competition. Instead we go to the government you're bribing and tell its officials that we don't take kindly to such corruption. They often respond by giving the most meritorious bid (sometimes American, sometimes not) all or part of the contract. This upsets you, and sometimes creates recriminations between your bribers and the other country's bribees, and this occasionally becomes a public scandal. We love it."
Why We Spy on Our Allies
By R. James Woolsey, a Washington lawyer and a former director of central intelligence.
https://www.wsj.com/articles/SB95326824311657269 https://www.wsj.com/articles/SB95326824311657269
- howmayiannoyyou 4y agoBig companies might get the benefit of CIA spying on transnational bribery, but small business - where most US jobs are created - is left swinging in the wind.