ACCUMULATING PERIPHERALS


Is the US the most corrupt country in the world? by mattsteinglass
April 3, 2009, 8:21 am
Filed under: Crime, United States

A famous economist once told me, as a way of putting the “Asian cronyism caused the Asian Financial Crisis” theory into perspective, that the US is the most corrupt country in the world. In non-democratic countries, business mostly corrupts government by paying administrators; in the US, business mostly corrupts government by paying legislators, and if you just look at the amounts business spends to seize control of government in the US, it dwarfs the penny-ante pots de vin that are passed along in Africa and Asia. Of course the word “corruption” has several meanings, and when I asked about the issue of confidence in the solidity of contracts and so forth the economist immediately assented that the US is a much more reliable place to do business than, say, Nigeria.

But when you see (via Yglesias) that not just Republican Senator Jon Kyl (R-AZ) but Democratic Senator Blanche Lincoln (D-AK) want to give $249.5 billion in tax cuts to the inheritors of multimillion-dollar estates (to qualify, your inheritance must be worth at least $7 million), then you think, yeah, there’s really no other word for this than corruption.

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1 Comment so far
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Yes, I think it is! its a quite peculiar corruption disgised on I am the greatest and less corrupt country . but the reality is that they do what ever they want and the media has control of americans dumb brains. Imagine that Bush was their president!! what do you expect all the things that have come out with obama but I am sure that they are still a lot of unknow things.

Comment by remi




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