Corporations are bribing foreign government officials

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On the heels of news earlier this year that a subsidiary of Wal Mart was caught bribing government officials in Mexico in violation of the Foreign Corrupt Practices Act, another corporation has been caught doing the same thing. Pharmaceutical giant Pfizer has been charged by the Securities and Exchange Commission for making improper payments to government officials in China, Croatia, Kazakhstan, and a series of other nations in exchange for laxer regulations and quick formulary approvals.

Like Wal Mart, Pfizer is a member of the Chamber of Commerce, which is currently lobbying to weaken the Foreign Corrupt Practices Act and give transnational corporations free rein to bribe foreign governments for better business deals. Of course, thanks to Citizens United, corporations can already legally bribe government officials here in the United States.

Thom Hartmann Administrator's picture
Thom Hartmann A...
Joined:
Dec. 29, 2009 9:59 am

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So where's the beef? As long as corporations are given unequal protection (limited liability) meaning an unfair advantage under our laws and considered to have rights (free speech) as if persons then we are going to get a government of, by and for corporations.

Brookesmith
Joined:
Aug. 3, 2012 6:00 pm

Hate to tell you Thom, but Pfizer is a worldwide corporation. I would expect them to try to curry favor in any country they do business with. Youmay not have traveled enough to know that corruption is in every country in the world. In a great many this is how any business gets done. No different that you do when you write off meals or trips when you call it business use. I guess coroprations are people after all.

A better option

http://www.jillstein.org/

Redwing's picture
Redwing
Joined:
Jun. 21, 2012 4:12 am

The problem here is the fact that if Corporation A has enough power and influence in Washington and Corporation A also has power and influence in China then what's to keep China from someday running Washington. Globalization is going to give governments from outside of the U.S. as much power and influence over our country as giant corporations have been able to obtain from within the U.S. But we're worried about minimum wage illegal immigrants taking over.

Bush_Wacker's picture
Bush_Wacker
Joined:
Jun. 25, 2011 6:53 am

Believing in corporate vampires and their superhuman powers is what allows these WTO corporate global nightmares to have any hold at all. We see the damage and we need to do something about it no matter what "legal" or othe dogmatic defenses are proffered. These are criminal conspiracies where real crimes against humanity are committed as fiduciary responsibility. There is no excuse for this shit.

drc2
Joined:
Apr. 26, 2012 11:15 am

Currently Chatting

The other way we're subsidizing Walmart...

Most of us know how taxpayers subsidize Walmart's low wages with billions of dollars in Medicaid, food stamps, and other financial assistance for workers. But, did you know that we're also subsidizing the retail giant by paying the cost of their environmental destruction.

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