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Airbus ran ‘massive’ bribery scheme to win orders

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141–150 of 251 posts

Re: Airbus ran ‘massive’ bribery scheme to win orders

#141
post #80

Earlier quoted context omitted.

Nobody goes to jail for "lobbying" in the US while it is clearly about the same thing as bribery. Just a legal form of it.

While lobbyists have sometimes bribed officials through gifts and perks, which is illegal, lobbying is not bribery. Say you're interesting in promoting renewable energy. You and like minded people put together resources to promote renewable energy to politicians, explaining its benefits. This activity is lobbying for renewable energy.

This breaks down when politicians get some kind of personal benefit such as campaign contributions or a consulting job. This is a conflict of interest and should exclude them from any vote about the interests of the lobbyist.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#143

Earlier quoted context omitted.

>> You and like minded people put together resources to promote renewable energy to politicians Unlike corporations and their biggest shareholders, regular people don't have resources to influence politicians. Any lobbying attempt backed by non-corporate interests will not be able to reach politicians' ears. Politicians have no time for groups/think thanks which don't have a track record of paying up after politician…

As a regular person, I've spent $400 to travel to DC and walk in and meet with 12 senators and congressmen. No donations required and I got to spend an hour with each as and even got treated to lunch by one of my states US reps. Got the policy change,too. So many people are way to cynical. Lobbyists show up and citizens do not. When a citizen shows up (and is rational) legislators listen.

Thanks for this. Can you please write up a blog post or a comment here with a lot more detail?

Re: Airbus ran ‘massive’ bribery scheme to win orders

#144
post #6

> Airbus for years conducted a “massive scheme to offer and pay bribes”, involving very senior executives, according to disclosures in courts in Washington DC, Paris and London, as Europe’s aerospace champion agreed to pay €3.6bn in penalties to regulators in France, the UK and the US. So nobody went to jail, though

Is bribery really harmful enough to necessitate custodial sentences?

Especially in the EU, where our criminal justice systems aren’t nearly as unreasonable as in the US.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#145

Earlier quoted context omitted.

While lobbyists have sometimes bribed officials through gifts and perks, which is illegal, lobbying is not bribery. Say you're interesting in promoting renewable energy. You and like minded people put together resources to promote renewable energy to politicians, explaining its benefits. This activity is lobbying for renewable energy.

If you convince their constituents to whom they are beholden, sure. Behind closed doors, not at all, I very much agree with GP, there's a lot of pernicious shit going on that is actively harming democracies across the globe. Corporate lobbying is for the most part a well-funded, knowledgeable adversary generally in opposition to a bunch of people who at best can sign some petitions or march in the streets. It's an as…

Sure, bad things happen.

We have chosen a non-direct, representative political system and lobbying is a direct causal result of this chosen system.

It is not a side-effect. We intentionally wanted to create a group of people who could spend their time educating themselves on the issues at hand better than people as whole ever could.

Lobbying is what we wanted as a result of this system. Unfortunately this sometimes leads to regulatory capture.

Some countries have been better at managing political corruption than others.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#147
post #6

> Airbus for years conducted a “massive scheme to offer and pay bribes”, involving very senior executives, according to disclosures in courts in Washington DC, Paris and London, as Europe’s aerospace champion agreed to pay €3.6bn in penalties to regulators in France, the UK and the US. So nobody went to jail, though

Is bribery really harmful enough to necessitate custodial sentences? Especially in the EU, where our criminal justice systems aren’t nearly as unreasonable as in the US.

Bribery is forbidden by law, for obvious reasons. A law is useless if it is not somehow enforced. One could enforce it by holding the company accountable, however history has shown that this does not withhold individuals from breaking the law for personal gain. (Remember Enron or the credit crisis)

So that's why there are custodial sentences for bribery.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#148
post #80

Earlier quoted context omitted.

Nobody goes to jail for "lobbying" in the US while it is clearly about the same thing as bribery. Just a legal form of it.

While lobbyists have sometimes bribed officials through gifts and perks, which is illegal, lobbying is not bribery. Say you're interesting in promoting renewable energy. You and like minded people put together resources to promote renewable energy to politicians, explaining its benefits. This activity is lobbying for renewable energy.

That's the naive version of lobbying for gullible people. In practice, whether it's big oil or renewable energy (still an industry with profits) it never works like that.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#149

This is really US taking down strategic competitors. It's nothing new. It's foreign policy, america first, double standard or whatever you want to name it.

The US with the power of various DAs etc attacked the european banking industry whilst completely ignoring the american banking industry over almost nothing in some cases.

Re: Airbus ran ‘massive’ bribery scheme to win orders

#150
post #95

Earlier quoted context omitted.

"Resources" is in an understatement. It involves directly paying politicians. How is that not bribery?

Is it directly paying them? I thought it was making campaign contributions, and I don't think it can be tit for tat either.

>making campaign contributions

That's the same exact thing - it sponsors their campaign = their political career.

>I don't think it can be tit for tat either

Just not as a written contract. It's very much tit for tat otherwise.

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