Saturday, December 01, 2007
Pax Bushicana
George Bush's Democracy spreads around the world.0 comments
What an impact our powerful leader has had on world affairs!"Competition for survival has become ruthless and morality disregarded," says Kim Mun-cho, a Korea University sociologist. "In the competition to be ahead of others, people resort to any means available, resulting in corruption."
In George's Dog-eat-dog, survival-of-the-richest Utopia, it's good to see his tenets taking root.
And this here is just some good, ol'-time, ol'-fashioned Republican values:... small stuff, however, next to the allegations of comprehensive corruption made against the Samsung Group, a corporate behemoth with interests ranging from electronics to construction and shipbuilding.
According to the company's former top lawyer for seven years until 2004, Samsung has crafted a network of bribery that extends to the judiciary, government tax and finance officials, academia and the media. The attorney, Kim Yong-chol, described a system in which cash was handed over in briefcases, or disguised to look like books or CD cases.
Shielding himself behind a respected organization of Roman Catholic priests, Kim told a nationally televised news conference from a Seoul church that even the country's top prosecutors were on Samsung's payroll. The list included the government's nominee for chief prosecutor and the head of the national commission looking into corruption, he said.
[snip]
In February, Chung Mong-koo, chairman of Hyundai Motor Co., was convicted of embezzling more than $100 million from the company to create a slush fund that prosecutors said was used for bribery.
Chung received a three-year prison term, but his sentence was commuted to community service when the court ruled that his incarceration would have too detrimental an impact on the South Korean economy.
Ahhhhh...
If you can't beat 'em; buy 'em; our way of life demands it! — GOP campaign plank #2
(It may be time to ditch that Samsung TV or that Hyundai in the driveway. Just to let "the market" determine who succeeds or fails in business.)
posted by Gotham 2:55 PM
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