One silver lining in the despicable, 2000 page omnibus spending bill unveiled by Senate Democrats is that Republicans also have their grubby fingerprints all over it, so even though the bill lumps together a huge and expensive mess of pet Democratic projects, the richly deserved attacks on the monstrosity cannot be easily derided as “partisan.” Another is that it should put to bed forever the revolting slander that the Tea Party movement was motivated by racism when it proclaimed that it wanted its country back. If there was ever a democratic institution that demonstrated utter contempt for the public, its legitimate and fervently expressed concerns, and the obligation of responsible government, the 2010 Lame Duck Congress is it. Continue reading
Finance
Tax Deal Ethics
A few brief ethics observations on the current tax deal machinations on Capitol Hill:
- It was an unconscionable breach of responsibility for Congress to neglect to address this issue months ago. Not only would a timely decision whether to extend all, part or none of the Bush tax cuts have avoided the present uncertainty; it would have aided the recovery, as businesses and individuals would have known what the tax requirements would be, and could invest, spend or hire accordingly. The reason the Democrats waited, even when it was obvious that their House majority was a goner and that President Obama would be negotiating from weakness as a result, was pure, unadulterated cowardice. Congress was willing to withhold needed policy certainty, harming the economy and the public, so they wouldn’t have to take a stand before elections. Continue reading
TARP Ethics Dilemmas: A Guide For Advocates and Critics
Surprise! The TARP bailout of October 2008 seems to have turned out remarkably well. The Troubled Assets Relief Program, which was and still is attacked by conservatives and Tea Party critics as a $700 billion bailout for Wall Street giants who should have been allowed to fail, is now anticipated to eventually only cost the federal government about $25 billion, according to the Government Accounting Office.
When a policy that is widely criticized as wrong-headed in principle actually works, it presents ethical problems for both advocates and critics alike.
A few helpful tips: Continue reading
Kelli Space’s Cyber-Begging? Not Unethical, Just Desperate
Northeastern alum Kelli Space, 23, owes $200,000 on her student loans, and has to pay federal student loan agency Sallie Mae $891 per month. That figure will nearly double in a year, and Kelli doesn’t make enough to pay off her debt. In desperation, she has launched a website called Two Hundred Thou, asking for donations. These aren’t charitable donations, now—you won’t get any deduction for giving to Kelli, any more than you will giving to the homeless guy on the street. This is begging, plain and simple.
Her pitch: Continue reading
Compassion Deficit Alarm: D.C. Area Shoppers vs. The Salvation Army
The Christmas holidays are fast approaching, and that means that one of the nations oldest and most dedicated charities, the Salvation Army, will have representatives standing in the cold on street corners and in front of stores, ringing their bells and asking for you to throw a contribution in the bucket. The holiday season is when the Salvation Army, like all charities that assist the poor, receives the bulk of its donations, since so many people who are too self-absorbed to think about others during the rest of the year are transformed, like Ebenezer Scrooge, by the spirit of the celebration.
In the Washington, D.C. area, however, the Giant Foods grocery store chain has announced a severe cutback on the times when Salvation Army recruits will be permitted to solicit on the premises. Instead of bell-ringing six days a week from 10 a.m. to 8 p.m. during the holidays, the Salvation Army (and other charitable groups) now will be limited to six days in November and six days in December, for just four hours at a time.
“In order to best serve our customers, and not hinder their shopping experience, it is necessary that we operate within established guidelines,” said Giant Foods spokesperson Jamie Miller in a statement released by the company. Translation: “Our customers complained, and profits are tight. Shoppers come first; those who don’t have the money to shop are not our concern.”
Let me tell you: if you think people ringing bells “hinder the shopping experience,” try shopping for food when you have no money. Now that’s what I call a hindrance. Continue reading
Deficit Reduction Ethics: We’re All Selfish Dunces, and We’ll Be Sorry
President Obama’s bi-partisan commission on cutting the deficit has come up with its draft recommendations, and they are fair, balanced, obvious, and, inevitably and unavoidably, flawed. Despite the flaws, everybody gets hurt, as everyone deserves to be when we elect a series of profligate and irresponsible leaders who spend more money than the nation has, on too many dubious projects and policies.
Personally, it would kill my already struggling personal finances dead: I’d have to sell my house, for one thing, at a lower value than it has now. Are the recommendations perfect? Surely not. They address the problem, however, and it is a problem that 1) has to be addressed 2) has to be addressed quickly and 3) will never, ever be addressed sufficiently if left to the usual corrupt legislative process, where it will sliced to pieces by lobbyists and turned into more pork, more lies, and another 3000 page bill that nobody reads before voting on it.
If Americans were responsible, honest, fair and genuinely concerned about America’s future prosperity and strength, we would just buckle down take deep breaths, and agree to make the sacrifices necessary to put the nation back on the road to fiscal health. But we won’t, will we? Continue reading
Should a Prosecutor Be Lenient So A Rich Felon Can Keep His Big Bucks Job?
Good intentions, it is said, pave the road to Hell. It’s an especially direct road when the good intentions are those of a prosecutor who doesn’t have the skills or common sense to reach the correct decision to resolve a rather easy ethical conflict. An ethical conflict occurs when there are valid ethical arguments for diametrically opposed actions, and one must weigh the priorities, implications and likely results in order to make the most ethical choice. Mark Hurlbert, the district attorney for Eagle, Colorado, faced such a conflict, as prosecutors often do. He botched it royally, and that road he’s paving is going to reach far beyond Colorado. Continue reading
Ethics Quote of the Week: San Diego Padres First Baseman Adrian Gonzalez
“In essence, if I take what you call a San Diego discount then I’m affecting their market. I’m affecting what they are going to make. It’s a lot like real estate. That’s the reason why. The way the game of baseball is set up, we have to protect each other. We have to do what’s best for each other.”
—-San Diego Padres superstar first baseman Adrian Gonzalez, explaining to an interviewer why he would sign with the highest bidder when he becomes a free agent next season, rather than stay in San Diego, his home, for a lesser salary.
If you don’t follow baseball, you might not know who Adrian Gonzalez is. He is a phenomenal young (28) superstar who has yet to earn the mega-millions that his skill would demand on the open market, because he has yet to fulfill his obligation to the team that brought him to the majors, the San Diego Padres. His time is coming, however: he will be a free agent after the 2011 season. The Padres, a small market franchise without a spendthrift owner, can’t and won’t pay as much to keep their best player as large market predators like the Yankees, Red Sox, Angels or Phillies will pay to acquire him. Gonzalez will be able to demand in the vicinity of 20 million dollars a year from these teams. The only hope the Padres have would be if Gonzalez, a longtime resident of San Diego and active in the community there, will accept less money to stay where he has roots, what is referred to as a “home town discount.” Continue reading
Why Obama’s Party Is Going Down
The excuses are already coming fast and furious as President Obama and his party faces a rebuke in Tuesday’s election of historic proportions. The lack of accountability so far may be forgivable; after all, nobody admits they have done a lousy, hypocritical, incompetent and dishonest job while they are running for re-election. The voter’s fury and the Democrats’ peril are being blamed, alternatively and collectively, on George Bush, on Sarah Palin, on racism, on the sad stupidity of the American public, who just are so impatient and unsophisticated that they don’t comprehend all the wonderful things that have been done for them. It’s also the Supreme Court’s fault for allowing large corporations the right of free speech, although the union money flowing to Democrats as the result of the same decision has dwarfed corporate money.
All of these excuses are demeaning to Obama and his party, and insulting to the intelligence of everyone else.
The reason the Democrats are going down to a party that had thoroughly disgraced itself out of power just two years ago, is illustrated by a shocking report that barely caused a ripple in the news cycle. Continue reading
Fox News Sunday Ethics Revelations: Wallace and Fiorina
Two things were stunningly in evidence during today’s interview of GOP Senate candidate Carly Fiorina (trying to unseat Barbara Boxer in California) by anchor Chris Wallace on “Fox News Sunday.”
The first is that Chris Wallace does not conform to the media stereotype of a Fox journalist, a thinly veiled Republican operative committed to pushing a conservative agenda. If only interviewers on CNN, NBC, CBS and ABC were so unwilling to accept evasion, half-truths and nostrums from Democrats. Kudos to Wallace for doing his job, not lobbing softballs, and exemplifying journalistic integrity where most people least expect it.
The second is that candidate Fiorina, yet another Tea Party darling, is a fake. Continue reading