No, it's not The Onion.
“It’s just so unfair that American companies aren’t allowed to pay bribes to get business overseas,” Trump said, according to an passage published by the Post. “We’re going to change that.”
The law is designed to prevent individuals and businesses in the U.S. from paying money or offering gifts to foreign officials as a way to win business overseas.
https://www.bloomberg.com/news/articles … eas-bribes
Finally, something he has experience with!
Yes! The "Corruption Fighter" is fighting to make corruption legal! It's so unfair that he can't bribe foreign officials without consequence.
Go get 'em, Trump!
That sounds like another 'open mouth - insert foot' moment for our president.
But what if he said the same thing in Obama-speak? (not picking on Pres. Obama, just using him as an illustration)
"Due to the ethical restrictions placed on American companies by the FCPA, they are effectively shut out of many international markets. Although unfortunate, this is a consequence of requiring honest and ethical business standards.
We intend to continue demanding our companies meet those standards, but we are looking at every aspect of the FCPA to determine if there are any specific areas that may warrant reevaluation."
I don't think I would support any relaxation of the FCPA. Any adult should know that life isn't fair, so I would certainly expect an international businessman to know it.
It wouldn't make it any more palatable if it were in pretty words. At least not to me. Rumsfeld was good at that, but I never bought his line, either.
Edit: I do get your point, though. It just goes to prove Trump is the most honest president we've ever had. ;-)
In a CNBC SquawkBox interview Trump said that “this country is absolutely crazy” to prosecute alleged FCPA violations in places like Mexico and China. Moreover, Trump said that the FCPA is a “horrible law and it should be changed” and that it puts U.S. business at a “huge disadvantage.”
"Now, every other country goes into these places, and they do what they have to do. It's a horrible law and it should be changed. I mean, we're like the policeman for the world. It's ridiculous," Trump said.
So it sounds like today's leaders want to adopt the policy of "When in Rome do as the Romans do." That really is leaning toward making the U.S. a third-world country by adopting their policies rather than standing up for what is right. Not to mention adding to the cost to the consumer because, as we all know, the cost of these bribes would be passed along to the consumer.
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