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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (630389)10/4/2011 3:45:56 PM
From: i-node  Read Replies (1) | Respond to of 1578144
 
>> .try reading this one.........its more condensed:

I read them both yesterday.

Apparently, you thought the important points were those below:

>> Bloomberg News has uncovered credible evidence of Koch Industries making “improper payments” (read: bribes) to “secure contracts in six countries dating back to 2002.

The distinction in many foreign countries between bribes and legitimate fees is negligible or nonexistent. I just don't have a problem with it. For years, American businesses have paid bribes in foreign countries as a cost of doing business. There are relatively few foreign countries where bribes aren't necessary preconditions to doing business there. Now, if such payments were made to US officials, that should be a big deal. I think Clinton's initiative on this subject was misguided and naive.

From 1999 through 2003, Koch Industries was assessed more than $400 million in fines, penalties and judgments. In December 1999, a civil jury found that Koch Industries had taken oil it didn’t pay for from federal land by mismeasuring the amount of crude it was extracting. Koch paid a $25 million settlement to the U.S.

Okay, so there was a dispute and it was settled. Happens all the time.

a Koch employee who testified against the company said he and his colleagues were shown by their managers how to steal and cheat — using techniques they called the Koch Method. […]

Someone said. Safely discounted.

I think we now know why Koch Industries was so worried about this article — it’s pretty devastating.

Assumes facts not in evidence.

I'm not saying Koch is any better than GE or other companies. If they're breaking the law they ought to be tried for it. But I have no interest in seeing a trial by the liberal media and left wing nutjob bloggers.



To: tejek who wrote (630389)10/14/2011 5:41:08 PM
From: Brumar89  Respond to of 1578144
 
When Talking Points Backfire

We noted the other day the unseemly behavior of the DCCC when they tried to score cheap political points following the revelation of the alleged Iranian terror plot. Well, Montana Democrat Jon Tester took that a step further yesterday.

He probably now wishes he didn't.

Oops. Yesterday, at a Senate Banking Committee hearing, Sen. Jon Tester, D-Mont., attacked U.S. companies that do business with Iran, singling out Koch Industries, despite the fact that Tester has taken money from companies that also did business with Iran.

"Recently I heard that one of America's largest companies, Koch Industries, was in the business of supporting Iran through energy development. Um ... if they are doing there are probably others that are doing it," Tester said yesterday

.Koch Industries bitchslaps Tester back. Senator Tester, while singling out Koch Industries as an example of a U.S. company that had done business in Iran through foreign subsidiaries, omitted the fact that he has accepted numerous campaign contributions from U.S. companies that are apparently either continuing to do business in Iran or that just recently stopped doing business in Iran.One of those companies if GE. It's curious how these hacks single out Koch, but make no mention of GE or Honeywell, another company Tester accepted money from.

http://jammiewearingfool.blogspot.com/2011/10/when-talking-points-backfire.html