responsibility

Freddie Mac’s Conflict of Interest and the Betrayal Of The American Homeowner

/ Jack Marshall / 7 Comments

Possible, but expensive.

Though the political implications of this disturbing story, which broke today on NPR, are wide-ranging, this isn’t a political blog.  I will avoid the temptation  to wade into them. That’s fine: the ethical implications are bad enough.

Freddie Mac, the taxpayer-owned mortgage giant, has been doing a Goldman Sachs, betting against the very homeowners it is pledged to serve by making multi-billion-dollar investments that will profit Freddie Mac only if homeowners can’t get out of  expensive mortgages with interest rates well above current rates. Of course, Freddie Mac’s job is supposedly to do the opposite…to help homeowners find cheaper, fairer mortgages. And we were told, by the Obama Administration, that this what it was working to do.

This is called a conflict of interest. And since Freddie Mac, along with its cousin Fannie Mae, is owned by U.S. taxpayers, this is also a massive breach of trust by the Federal government. Freddie and Fannie were bailed out in 2008. The companies insure most home loans in the United States, making banks able to lend at lower risk, and the companies’ rules determine whether homeowners can get refinanced and on what terms. Now we know that Freddie Mac, at least, profits when they fail.  Continue reading →

Faculty Advisor? Principal?? Supervision??? Oversight???? HELLO?????

/ Jack Marshall / 2 Comments

Joey knows just how you feel, Kenny. Except that he, unlike you, isn't real.

Eighteen-year-old Kenneth “Kenny” Clements, a graduate of Miami’s Ronald W. Reagan/Doral Senior High School, has filed suit against the school district because in February of 2011, when he was a senior, the Reagan Advocate published a story entitled “Teens Stay Quiet About STD’s”. The school paper’s front page story featured a photograph of Kenny with an “x” over his mouth, signifying that he was hiding his disease.

But Kenny didn’t have any sexually transmitted diseases, and he didn’t give his permission to have his photo used to suggest he did. After the article appeared, he says, his fellow students called him “STD Boy.”

This was obviously a cruel, unfair and irresponsible act by the students running the paper, but look at how irresponsibly professional journalists behave when they are drunk with the power of the press. This is why school newspapers must have diligent and competent supervision by adults, to prevent these kinds of things from happening….as they inevitably will without a cool head and an experienced hand at the rudder. Continue reading →

Let’s Be Clear: Kansas House Speaker Mike O’Neal Is A Disgrace, And He Must Resign

/ Jack Marshall / 43 Comments

We're praying for you, Mike---to get the Hell out.

Kansas House Speaker Mike O’Neal is refusing to resign his post in the wake of an uproar of his own making. In December, the legislator sent an email to his fellow Republicans asking them to pray Psalm 109,  an unusual and mean-spirited psalm that calls for the death of a leader. The Psalm says, in lines 7-12:

When he shall be judged, let him be condemned: and let his prayer become sin.
    Let his days be few; and let another take his office.
    Let his children be fatherless, and his wife a widow.
    Let his children be continually vagabonds, and beg: let them seek their bread also out of their desolate places.
    Let the extortioner catch all that he hath; and let the strangers spoil his labor.
    Let there be none to extend mercy unto him: neither let there be any to favor his fatherless children.’ Continue reading →

Comment of the Day: Ethics Blindness at Joe Pa’s Memorial Service

/ Jack Marshall / 9 Comments

Paterno's inaction: bliviousness...or willful blindness?

In the ongoing debate among Joe Paterno sympathizers (and I don’t mean that pejoratively) and those who believe the late Penn State icon failed his ethical obligations miserably and deserved all the criticism he received, several interesting themes have arisen, including whether “obliviousness” is an excuse, whether critics are engaging in “wahlberging”–that is, claiming that they would have handled a difficult situation better when it costs them nothing to make the claim—and whether the Sandusky incident should be permitted to cloud Paterno’s legacy at Penn State, or should be over-shadowed by it. In this Comment of the Day, Proam covers these topics in response to a commenter who wrote, “Other posters who have tried to in any way justify Paterno’s actions/lack of action – GET REAL!”  Here is his comment, to the post, “Ethics Blindness at Joe Pa’s Memorial Service.” I’ll have some reactions at the end. Continue reading →

Ethics Blindness at Joe Pa’s Memorial Service

/ Jack Marshall / 36 Comments

At least Albert Speer didn't have a clear conscience.

I did not expect the speakers at Joe Paterno’s emotional memorial service to avoid stepping on  some of the myriad ethical landmines that lay before them. It was a time to say good things about the late Penn State coach, and there is plenty to say. Still, two speakers did cross deep into unethical territory. Even at a memorial service, when the lessons of the Jerry Sandusky affair are so important for all to learn and accept, it was poor judgment and irresponsible for those honoring Paterno to try to minimize or deny his accountability in the tragedy.

Unethical Statement #1: Nike Co-Founder and Chairman Phil Knight. “Whatever the details of the investigation are, this much is clear to me: There was a villain in this tragedy. It lies in the investigation, not in Joe Paterno’s response to it.”

This got a standing ovation, a reaction every bit as offensive as the Penn State student riots after Paterno’s firing, indeed more so. Knight’s rationalization excuses every Enron executive who knew that the leadership was defrauding investors; every Bernie Madoff family member and enriched investor who knew something was wrong but waited for the SEC to act; every member of the Nixon White House who saw the rule of law being trampled but reasoned that since he wasn’t directly involved, there was no reason to speak up; every member of Congress who knew that Rep. Mark Foley was sexually harassing House pages and kept quiet; and every priest who knew that a colleague was sexually molesting boys and did nothing, because the Church leadership was doing nothing. Knight’s defense of Joe Paterno is a defense of all of these, and indeed a defense of evil. Continue reading →

Ethics Hero: Wolf Blitzer

/ Jack Marshall / 17 Comments

Watch out, Newt! It's SUPER-WOLF!!!

Once again Ethics Alarms finds itself in the sad position of calling conduct heroic that should be routine. Unfortunately, however, competent and responsible broadcast journalism isn’t routine, and if I was looking for a bold and quick-witted journalist to exceed the standard practice, it certainly wouldn’t be CNN’s plodding, timid and often befuddled Wolf Blitzer. Last night, however, as moderator of the latest GOP candidates debate, he did what few journalists ever have the confidence or courage to do: he challenged a politician on an absurd and hypocritical statement.

And yes, I confess…if Wolf fell slightly short of true Ethics Hero status by a couple of points, the fact that the politician involved was New Gingrich the Unethical put him over the top. If that be bias, so be it. Continue reading →

The Runway and The Snowy Owl: An Ethics Conflict Tale

/ Jack Marshall / 29 Comments

“One showed up at the airport in Hawaii, and they shot it,” Denver Holt, director of the Owl Research Institute in Montana, told the New York Times.“It’s the first ever in Hawaii and they shot it!” Holt was expressing his dismay at the sad news that a snowy owl, one of the most magnificent of all American birds, had journeyed from its Arctic home all the way to Hawaii and been shot dead for its effort. He was quoted in a Times story about the sudden, mysterious surge in snowy owl sightings all over the country, giving people a chance to see the huge, white predators in places where they had never appeared before. Like Hawaii.

“Aloha!”

Bang!

Here is a lesson in the value of waiting to get the full story before making assumptions. I saw the Times story, and had sketched out a post on the doomed Hawaii visitor, something about mankind’s unethical impulse to destroy beautiful living things to make beautiful dead things like fur coats, trophies and stuffed snowy owls. But my travel travails made it impossible for me to finish it, and it’s a good thing. Honolulu Civil Beat had the rest of the story. Continue reading →

Ethics Dunce: Sen. Rand Paul

/ Jack Marshall / 14 Comments

Sen, Rand Paul, protester.

Sen. Rand Paul, libertarian and Republican U.S. Senator from Kentucky, has a choice: he can be a high elected official of the United States government, or he can engage in civil disobedience. He cannot do both.

Sen. Paul was detained today by the Transportation Security Administration in Nashville, Tenn., after refusing a full body pat-down following an image scan that did not clear him through security. I feel his pain. But a United States Senator must obey the law and cooperate with all lawful activities of the U.S. government and its agencies. If he objects to pat-downs so much, he has the power and influence to wield to try to change procedures and policies. Apparently they were not so burdensome while thousand of other citizens endure them every day.  Now that Sen. Paul is facing a feel-up from a gloved stranger, he is suddenly over-come with principle. Easy for him, too, since unlike us mortals, Senators are exempted by the Constitution from being detained while on the way to work.

For a U. S. Senator to defy a TSA agent who is attempting to keep the skies safe in the manner determined to be appropriate by the U.S government encourages and implicitly endorses defiance by everyone else.  That is a breach of Paul’s duty as a high elected official of the United States.

Better Late Than Never Dept.: Rep. Giffords Finally Does The Right Thing

/ Jack Marshall / 15 Comments

That's the Democratic Congresswoman from Arizona in the center.

Ethics Alarms first stated that Rep. Gabrielle Giffords was seriously disabled and needed to resign from the house on January 17, 2011. I wrote:

“Almost no medical experts foresee a woman with such massive head injuries being able to return to work within a year, if she can return at all. She only has a two-year term. Is it fair to the people of Arizona, not to mention the country, to have a member of Congress who is unable to work during the days ahead, which are critical to the nation on so many fronts?”

Although the answer to this question was obvious at the time, Rep. Giffords did not resign. I returned to the topic in March, June, September and November, but not only did the Giffords camp and Democrats continue to ignore the issue, the media largely did as well. Never mind that during a contentious and important year of critical legislative issues, one Congressional District in Arizona was essentially unrepresented.

Today, finally, Rep. Giffords announced that she had resigned, more than a year after being shot in the head. Her friend, Democratic National Committee Chair Debbie Wasserman Schultz, told the press that her friend’s recovery was likely to take years, not months. WOW! That’s a bulletin! Who had any idea that the Congresswoman was that seriously injured? Continue reading →

Stephen Colbert’s Comedy Terrorism

/ Jack Marshall / 39 Comments

This was a lesson for me. I fell into the trap of looking past unique unethical conduct because it resembled harmless conduct I had seen many times before, a close cousin of using “everybody does it” to excuse and invalidate the inexcusable. Thank goodness Washington Post columnist Colbert King was paying attention.

In King’s column today, he catalogues the activities of Comedy Central’s Stephen Colbert’s faux presidential run. I had already commented on Colbert’s gag earlier this week, but the target of my criticism was George Stephanopoulos, who devoted a ridiculous amount of time to a pointless interview with the comedian at the expense of real news. I assumed Colbert was just another in a long line of comedians who have used a presidential election year as a prop, and thus harmless….and I stopped paying attention to his antics. But as King ( his first name is pronounced KOHL-bert; the comedian’s name is Kohl-BARE) points out, Colbert has moved beyond satire into something akin to comedy terrorism, actively attempting to warp and influence the presidential selection process for laughs, and casualties be damned. King writes: Continue reading →