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.
by IslandBites 5 years ago
“I am the king of debt,” Mr. Trump once said on CNN. “I love debt.”A New York Times investigation into Republican presidential nominee Donald Trump's US real-estate holdings revealed that companies he owns have at least $650 million in debt — twice the amount that Trump's public filings, made as...
by Sab Oh 11 years ago
To finally get serious about this issue?http://www.msnbc.msn.com/id/36331490/ns/us_news-life/It's not a good situation for anyone on either side of the border.
by Jack Lee 5 years ago
Do you agree with Apple's decision to not support the GOP convention this year?It seems they absolutely have the right to do whatever they deem appropriate since they are a private business and should answer to their shareholders. However, it also seems they are choosing political sides based on...
by Mike Russo 2 years ago
Here is line-by-line analysis of the released transcript, which shows a freewheeling Trump by buttering up his interlocutor, passing along unverified and dubious allegations about Biden and Democrats, and cajoling the Ukrainian leader into doing him a “favor.” Your...
by Randy Godwin 20 months ago
Then what is? I'd like to hear from Trump's enablers on what would be worthy of Impeachment. Since bribing a foreign country with Congressional withheld funds, at the time they're fighting our main adversary, isn't worthy of an impeachment trial, then give me some example which would merit it.
by Jack Lee 3 years ago
As most of you know, I support many of Trump’s initiatives and I defend him here on hubpages when he is unfairly criticized by the media and others.You may also know I did not vote for Trump or Hillary in the 2016 election.Now, after over one year in office, and the signing of the latest Omnibus...
Copyright © 2021 Maven Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of Maven Coalition, Inc. Other product and company names shown may be trademarks of their respective owners. Maven Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|