It wasn’t George Bush, the Iraq War, John McCain or even the economy that made the GOP a minority party. It was arrogance, corruption and sliminess. The smug Machiavellian tactics of Tom DeLay; the just-look-the-other-way tolerance for the Mark Foleys and the Duke Cunninghams; the hypocrisy of Bill Frist and Ralph Reed; the widespread affection for crooked lobbyists like Jack Abramoff; the Bizarro World ethics of Dick Cheney and Alberto Gonzalez…the bottom line was that you just couldn’t trust these people not to lie, sell favors, abuse their power, or dive head first into conflicts of interest. Continue reading
greed
Ethics Quote of the Week
“A lot of our folks have second and third homes and alimony payments and other obligations that require substantial current cash.”
—-A banker quoted anonymously by Stephen Brill in his essay, “What’s a Bailed-Out Banker Worth?” in the Jan.3 New York Times Magazine. The article discusses that financial industry’s rationale (or rationalizations) for its compensation culture.