's. Rep. No. 95-114, at 4 (1977) [hereinafter S. Rep. No. 95-114], likely it isto be accompanied by other serious deficiencies in the rule of available at http ://www.justice.gov/ criminal/fraud/ fcpa/ history/ 1977/ law: smuggling, drug trafiicking, criminal violence, human rights abuses, senaterpt-95-114.pdf. and personalization of power.’). 2 Id.; H.R. Rep. No. 95-640, at 4-5 (1977) [hereinafter H. R. Rep. No. 5 President George W. Bush observed in 2006 that “the culture of 95-640], available at http ://www.justice.gov/ criminal/fraud/ fcpa/ corruption has undercut development and good. governance and history/1977/houseprt-95-640.pdf. The House Report made clear wi impedes our efforts to promote freedom and democracy, end Congress's concerns: poverty, and combat international crime and terrorism.” President’s The payment of bribes to influence the acts or Statement on Kleptocracy, 2 Pus. Pavers 1504 (Aug. 10, 2006), decisions of foreign officials, foreign political parties available at hetp:/ / georgewbush-whitehouse.archives.gov/ news/ or candidates for foreign political office is unethical. releases/2006/08/20060810.html. The administrations of former It is counter to the moral expectations and values of President George W. Bush and President Barack Obama both recognized the American public. But not only is it unethical, it the threats posed to security and stability by corruption. For instance, is bad business as well. It erodes public confidence in issuing a proclamation restricting the entry of certain corrupt foreign in the integrity of the free market system. It short- public officials, former President George W. Bush recognized “the circuits the marketplace by directing business to serious negative effects that corruption of public institutions has on the those companies too inefficient to compete in terms United States’ efforts to promote security and to strengthen democratic of price, quality or service, or too lazy to engage in institutions and free ma