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US Probes Panasonic Unit For Alleged Bribery Violations (bloomberg.com)
A Panasonic inflight entertainment and communications systems subsidiary is under investigation by U.S. authorities for allegedly breaking bribery and securities laws. From a report: Panasonic Avionics Corp. is being probed by the U.S. Department of Justice and Securities and Securities Exchange Commission for violating the Foreign Corrupt Practices Act, the Osaka-based company said in a statement Thursday. Panasonic said it's cooperating with the agencies, and evaluating the potential financial impact of the probe. The announcement of the probe mars an otherwise positive earnings release for Panasonic, which raised its full-year profit and revenue forecasts. The subsidiary is part of a corporate division that also makes mobile phones, projectors and surveillance cameras with a total of 33,000 employees. The segment had $6.7 billion in sales in the nine months ended Dec. 31, or 14 percent of total revenue.
FFS, how can you enforce bribery laws, when you won't even enforce them for the squatter in the Whitehouse?
Or have we forgotten, that all the pipelines of money still flow into his company and he's neither sold it nor divested any of the foreign income businesses? He has however started renaming rooms in each hotel, as "The President Suite", presumably planning to sleep there to justify the name?
And then there's the barter. He got to power by a Russian cyber attack, and now he refuses to sign the cyber security bill. He won't even defend the USA from Russian cyber attacks.... yet I distinctly remember that Republicans were pro-security, pro-business, pro-trade.
If Panasonic bribe Trump is that OK now Republicans? Because I've forgotten what you stand for now. He creates a parallel power structure of cronies that ignore the laws, the courts, the congress the senate and they obey illegal Trump executive orders, and you lot, sit in you office and cry like little girls and do nothing. Simply pretending Russia are our best buddies and Republicans are all about attacking business.
Panasonic has not been bribing US officials enough, and is being publicly warned to up their "contributions" to the same level as the other corporations who've ordered this here probe.
Dammit, Panasonic. Now I need to get a new TV.
Yes I've been looking for a reason to get a new TV even though there's nothing really wrong with the Panasonic one I have now. And yes I've been looking at a Samsung TV and yes I know the only thing Samsung does better than electronics is corporate corruption, but you know what? Shut up, that's what.
In the land of the blind, the one-eyed man is kinky.
Sad.
I do not want your cheap brainburning drugs. They are useless for work. And I am a working man today.
> his company and he's neither sold it nor divested any of the foreign income businesses?
Three of our first four presidents (George Washington, Thomas Jefferson, and James Madison) also had businesses which had foreign customers. None of the founding fathers had a problem with that. If someone wants to buy tobacco from Washington's field (or a hotel room from Trump's hotel) that's not a problem, the founders said.
What they DID have a problem with, and prohibited in the Constitution, was accepting payments not for a product or service, but as a result of the President's position. For example, if a President or Secretary of State received a "gift" of $100,000 from a foreign government, rather than selling a product worth $100,000 THAT'S an unconstitutional emolument. The Supreme Court has confirmed that.
Guess which President and Secretary of State got big "gifts" (emoluments) from from other countries? Hint - they are married, one was president, one was secretary of state. Both took foreign payments just for being in high office, not as part of a routine business transaction selling something.
don't you stay at tRump Hotel? Dial 6 for the "room service" hotline, and I'm sure with enough "room service" fees, your problems will melt away. Act now, because the Trump presidency may not last the full four years.
Can't take a bit of levity, eh, Maritz?
Or does it hit too close to home? Do you secretly suspect it has the ring of truth, rather than absurdity?
Three of our first four presidents (George Washington, Thomas Jefferson, and James Madison) also had businesses which had foreign customers. None of the founding fathers had a problem with that. If someone wants to buy tobacco from Washington's field (or a hotel room from Trump's hotel) that's not a problem, the founders said.
They also had no problem owning people and keeping them in bondage, even while ostensibly purporting to oppose it, little interest in universal suffrage, and no idea of the corrupt machinations of today's corporate establishment. So in moral terms, relying on the cloak of the dead Founders is of little help. If anything, it discredits you.
The products they sold? Resulted from abominable conduct. If they were alive today, we would have to face their cruelty and selfishness. They would be repugnant, not for their inability to sell a washing machine, but for what they would truthfully say.
What they DID have a problem with, and prohibited in the Constitution, was accepting payments not for a product or service, but as a result of the President's position. For example, if a President or Secretary of State received a "gift" of $100,000 from a foreign government, rather than selling a product worth $100,000 THAT'S an unconstitutional emolument. The Supreme Court has confirmed that.
Oh sorry, no, it's not. You forgot one salient detail. What is it?
Guess which President and Secretary of State got big "gifts" (emoluments) from from other countries? Hint - they are married, one was president, one was secretary of state. Both took foreign payments just for being in high office, not as part of a routine business transaction selling something.
Ah, undocumented accusations is it? Too bad you'll never sustain an investigation with a man known to be corrupt, so corrupt he's had to settle numerous lawsuits by his own admission. He couldn't report a murder without looking suspicious.
That's your own fault, you never held your own to account.
Both Bush and Obama ethics lawyers have said it's not OK. You clearly want to pretend its a partisan issue that Trump is received large amounts of money for comedy services in return (e.g. name licenses, consultancy fees etc.), but that fools nobody of either party. It's also not the extent of the money, there are transfers for which no accountant transaction is available, simply money sent into Trump coffers for which he's never listed a reason.
And then there's the accounts, he provided a set of income figures to the ethics committee during his election. These figures were false. Simply lies. We had the little "he over-reported" claim, but actually he didn't report his income at all, only a bunch of lies about his company. Claimed profits were really losses, you can see his Washington Post Office project, he's skimmed money off investors and bank loans into Trump corp, that money seems to be laundered and used to keep loss making projects afloat like the Scottish golf course. Money borrowed from Deutsch bank, laundered and used to make interest payments to Deutsch bank.
But hey, he's the red flag leader! It's just not the Republican red flag.
So why was WJC not impeached and removed from office for this? Instead we had a trial over presidential blowjobs. Republican Congress presumably was aware of this and chose not to go forward.
Oh.
Wait.
I've fallen off your lawn, and I can't get up.
Hopefully Donald will step in and remove these burdensome regulations that plague Panasonic and other companies. Bribery is a form of free speech and is protected by the constitution.
In a word, politics.
> So why was WJC not impeached and removed from office for this? Instead we had a trial over presidential blowjobs.
As you may know, two presidents have been impeached - Andrew Johnson and Bill Clinton. The impeachment charges were perjury and obstruction of justice. The Clintons are of course pretty good at obstructing justice, they aren't stupid criminals - Hillary has virtually bragged about that. It's tough to prove the underlying crimes beyond a reasonable doubt, but the obstruction is apparent.
Bill Clinton pled guilty to perjury in state court and was fined $90,000 along with losing his law license for five years.
The masses enjoyed talking about blowjobs, some talked about Hillary's role smearing Paula Jones and others that Bill harassed/had afairs with, but the typical man on the street doesn't sit around talking about obstruction of justice (or emoluments). The trial was about the perjury and obstruction of justice, though, not blowjobs.
An impeachment on violations of the emoluments charge would have been more difficult because of the relative lack of clear law on the matter, and the Clinton's skill at skirting the edges of what legislation does exist. The perjury and obstruction charges were much more clear - again, Bill pled guilty to perjury. He wouldn't have pled guilty to violating the emoluments clause, he would have had much more wiggle room.
Hopefully Donald will step in and remove these burdensome regulations that plague Panasonic and other companies. Bribery is a form of free speech and is protected by the constitution.
Its only free speech when you use your slush fund of a charity to bribe I mean talk to the AG investigating your university.
So is the subsidiary company in the USA, or is the US government telling a Japanese company to obey US laws?
Can't take a bit of levity, eh, Maritz?
Or does it hit too close to home? Do you secretly suspect it has the ring of truth, rather than absurdity?
Nope, just lampooning how Trump puts "sad" at the end of his tweets.
Are you embarrassed? If you are there's hope for you yet. ;)
I do not want your cheap brainburning drugs. They are useless for work. And I am a working man today.