THE COST OF VICE: THE LATEST EXAMPLE

NYT 6.9.17 “The G.O.P. Plan to Unleash Wall Street”

It is a well-documented syndrome that a pattern of serious unethical behavior has both cognitive and affective costs. Our ability to perceive reality accurately and to resist our desires get compromised. To put it prosaically, “being unethical makes you stupid and greedy.” Anyone who doesn’t know this hasn’t been paying attention.

The latest example of this is the blind greed and callous disregard for hurting others shown in the G.O.P.’s vote. In what universe was the meltdown not a sign that the system was broken? Similarly, in what universe is a massive concentration of wealth and power not a sign that we have a fundamental, systemic failure? Once again, blind greed, a completely false ideology and a frontal assault on ethics and basic American ideals.

EXXON CONTINUES TO BE BAD EXAMPLE WHEN IT COMES TO ETHICS

NYT. 1.4.17 “Tillerson Leaving Exxon with $180 Million Retirement Package.”

It’s bad enough that Exxon’s campaign against the truth about global warming showed their contempt for honesty. Now we have this striking example of greed at the top. And how is this benefiting any of Exxon’s stakeholders? A clear case of no risk, but huge reward. And this doesn’t take into account what the CEO was paid all along.