American Corporate Corruption: Wal-Mart Bribed Mexico Government Officials

Sam Walton spins in his grave.

It was only a matter of time, I suppose, before the eventual or inevitable happened.

Since the United States Supreme Court has ruled that corporations are persons, there should be no reasonable argument against arresting the corporation.

The problem is, how to do that?

The Chief Executives are not the corporation, so ostensibly, they couldn’t be arrested.

But then, could those Chief Executives be charged with criminal behavior for the actions of the corporation?

However, if we consider the The Foreign Corrupt Practices Act of 1977 (FCPA) (15 U.S.C. §§ 78dd-1, et seq.) which is part of the Securities Exchange Act of 1934, and the elimination of some of the most important provisions of the Glass-Steagall Act, we might wonder if Republicans would have any problem eliminating the FCPA, since it addresses accounting transparency requirements under the and bribery of foreign officials.

It will definitely be interesting to see how Congress decides to handle this case.

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Wal-Mart Hushed Up a Vast Mexican Bribery Case

April 21, 2012

By DAVID BARSTOW

MEXICO CITY — In September 2005, a senior Wal-Mart lawyer received an alarming e-mail from a former executive at the company’s largest foreign subsidiary, Wal-Mart de Mexico. In the e-mail and follow-up conversations, the former executive described how Wal-Mart de Mexico had orchestrated a campaign of bribery to win market dominance. In its rush to build stores, he said, the company had paid bribes to obtain permits in virtually every corner of the country.

The former executive gave names, dates and bribe amounts. He knew so much, he explained, because for years he had been the lawyer in charge of obtaining construction permits for Wal-Mart de Mexico.

Wal-Mart dispatched investigators to Mexico City, and within days they unearthed evidence of widespread bribery. They found a paper trail of hundreds of suspect payments totaling more than $24 million. They also found documents showing that Wal-Mart de Mexico’s top executives not only knew about the payments, but had taken steps to conceal them from Wal-Mart’s headquarters in Bentonville, Ark. In a confidential report to his superiors, Wal-Mart’s lead investigator, a former F.B.I. special agent, summed up their initial findings this way: “There is reasonable suspicion to believe that Mexican and USA laws have been violated.”

The lead investigator recommended that Wal-Mart expand the investigation.

Instead, an examination by The New York Times found, Wal-Mart’s leaders shut it down.

Neither American nor Mexican law enforcement officials were notified. None of Wal-Mart de Mexico’s leaders were disciplined. Indeed, its chief executive, Eduardo Castro-Wright, identified by the former executive as the driving force behind years of bribery, was promoted to vice chairman of Wal-Mart in 2008. Until this article, the allegations and Wal-Mart’s investigation had never been publicly disclosed.

Occupy Wall Street

The MainStream Media CANNOT ignore this!

What is Occupy Wall Street?

Twitter hash tag: #OccupyWallStreet

OccupyWallStreet.org

If you’re tired of the lies, the deception, the failed mortgages, bail-outs, TARP, jobs shipped overseas, inferior imported goods,

Warren Buffet tells Congress, “Stop coddling the Super-Rich.”

Op-Ed Contributor

Stop Coddling the Super-Rich

By WARREN E. BUFFETT

Published: August 14, 2011

Omaha

OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.

While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a bargain 15 percent tax rate. Others own stock index futures for 10 minutes and have 60 percent of their gain taxed at 15 percent, as if they’d been long-term investors.

These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It’s nice to have friends in high places.

Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was

Pure Joy

A few weeks back, I enjoyed an outing with a neighbor, and we later returned to make s’mores.

Honestly, the chocolately, marshmallow, graham cracker cookie treat is a fairly new thing for me, having discovered them less than a year ago, when they were introduced to me by another friend who was ecstatically telling me about how delicious they were.

Not being a big fan of marshmallows – I genuinely don‘t like them in any form – I reluctantly tried them.

Okay… no big whoop.

I still don’t like s’mores.

BUT!

This young lady obviously does!

Isn’t she the cutest?!?

The Pursuit of Happyness

Originally, I thought to entitle this entry, “Looking Back by Looking Forward by Looking Back by Looking Forward by Looking Back by Looking Forward.” However, as I briefly pondered the title, working it as I might, it occurred to me to borrow the title from a 2006 biographical motion picture which story continues to resonate within me, for I can identify so very well with the struggles of the character whom is portrayed – “The Pursuit of Happyness,” starring Will Smith, as Chris Gardner.

Half kilo of coffee

Ever notice how most coffee sold in the USA is 12 ounce size? This is marketed and sold in Germany.

Good night, sleep tight; have pleasant dreams tonight.

Hey! Who ate my cheese?!?

Breakfast of Champions with the King

Murfreesboro, TN Civic Plaza

Also doubles as ampitheater

How to Desecrate Our American Flag

Use it as clothing; place it on the ground, etc. The photog is a retired US Army LTC, MD (Lieutenant Colonel, O-5). Of all people, he SHOULD know better.

http://www.Flickr.com/people/PathDoc/

Desecration is defined as
• “the act of depriving something of its sacred character—or the disrespectful or contemptuous treatment of that which is held to be sacred by a group or individual,;”
• to “treat (a sacred place or thing) with violent disrespect; violate;”
• “to profane or violate the sacredness or sanctity of something; to remove the consecration from someone or something; to deconsecrate;”
• as “an act of disrespect or impiety towards something considered sacred;”
• and to be “treated with contempt.”

Flag Desecration - writing on flag, and used as a garment

Flag Desecration - flag on ground, written upon, used as garment

The word “desecrate” is