Word: corrupt
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...global success of liberty is America's greatest strategic interest as well as its most compelling moral argument. All our other interests are served in that cause. The more countries that are governed with the consent of the governed, the fewer there will be where resentment caused by corrupt rulers can be misdirected toward...
...fall of Ferdinand Marcos, the corrupt former President of the Philippines, led to the first major break with the secrecy tradition. Under enormous worldwide pressure, the Swiss in 1986 froze accounts belonging to Marcos, and later transferred more than $600 million into an escrow account in Manila. The case marked the start of Swiss cooperation in international criminal cases and the advent of tough laws against money laundering. Any suspicions of money laundering must now be reported to a central monitoring agency in Bern. Strict rules hold senior bank managers accountable for the accounts of politicians, whatever country they come...
That's bad news for the party in power, which is why President Bush last week invited 240 people who agree with his economic policies to praise them at a forum in Waco, Texas. He talked of corrupt ceos in terms he once reserved for Osama bin Laden, but offered little more than assurances that "we're the greatest nation on the face of the earth." The markets--which matter more than ever in politics now that nearly half of all U.S. households hold investments--were paying more attention to the downbeat noises coming out of the Federal Reserve...
Efforts like these tend to work only when there is constant on-the-ground monitoring, environmental groups say. Otherwise, funding is often diverted to other projects or siphoned off by corrupt officials. "The difference between success and failure in protecting wild areas is presence," says Alan Rabinowitz, director of science and exploration at the Wildlife Conservation Society, based at the Bronx Zoo in New York City. "The ones that fail are where a project is set up and walked away from...
...That's typically true, in part because brothels throughout the region are often protected by corrupt police and government officials with a vested interest in making only occasional, symbolic busts in which prostitutes?but no pimps or customers?are arrested. Says Pierre Legros, founder of a child rights NGO in Phnom Penh: "You can't change a system that is rotten to the core, no matter how good your legislation or how much pressure is applied...