Armstrong Economics Blog/Corruption
Posted Oct 1, 2019 by Martin Armstrong
A treaty was signed between Ukraine and the USA which plainly states that Ukraine will assist in any investigation that may lead to criminal activity. There certainly is nothing that is impeachable to ask Ukraine to investigate Biden, which has long been considered a very strange conflict of interest.
In the real world, company directors would agree to do business with an American firm and request something personally in return like a family trip to Disneyland. In the real world, anyone in the private sector would be prosecuted for what Biden did with his son. It is called the Foreign Corrupt Practices Act. There is absolutely no way I could agree to even pay for a trip or anything with the director of a foreign company we deal with even as a courtesy. It is presumed to be a bribe.
The Foreign Corrupt Practices Act (FCPA) is a United States law passed in 1977 that prohibits US firms and individuals from paying bribes to foreign officials in furtherance of a business deal. The FCPA places no minimum amount for a punishment of a bribery payment.
In 2010, the SEC’s Enforcement Division created a specialized unit to further enhance its enforcement of the FCPA, which prohibits companies issuing stock in the US from bribing foreign officials for government contracts and other business.
If I got a family member a job with a country or company that I was doing business with, I would AUTOMATICALLY be prosecuted by the SEC. So why is Joe Biden above the law?
The mere fact that the Democrats are yelling impeachment over this issue confirms that the entire Russian nonsense failed. This is by no means an impeachable offense. In fact, anyone else in the private sector would be in prison for what Joe Biden & his family did. Hillary met with donors from Ukraine to buy influence. She denied ever meeting them but her emails showed she did. They were both deeply involved in Ukraine.
The natural response is being played out now. The State Department is stepping up its investigation of Hillary’s emails concerning the ties to Ukraine. If the Democrats want to play with fire, Trump has a book of matched that could bring down the entire barn. It looks like the 2020 elections will be a knock-down, drag-out fight to the bitter end.