Wall Street executives say "wrongdoing is necessary"
Isolated Incident or Pervasive Patronizing? (err, Paterno-izing)
Speaking of cockroaches, the video below from Fox News describes how Joe Paterno and other top Penn State officials hushed up child sex abuse allegations against Jerry Sandusky more than a decade ago for fear of bad publicity, allowing the former assistant football coach to prey on other youngsters, according to a scathing report issued Thursday on the scandal. All of this makes me wonder, is this an isolated incident or yet another example of the pervasive patronizing that permeates our populace? You make the call, sports fans...
Are we predictably irrational?
Lest we focus too much on sensational headlines (you really can't make this stuff up) I want to introduce you to the work of a behavioral economist that just makes a lot of sense to me. In the video below, Dan Ariely (visiting professor @MIT and aspiring comedian) talks about the "bugs" in our moral code (i.e., the hidden reasons we think it's OK to cheat and steal). He uses clever studies to make his point that we are predictably irrational and can be influenced in ways we cannot grasp. According to Ariely, the most difficult thing for most of us is to recognize that, sometimes, we are so blinded by our own incentives that we cannot see how our conflicts of interest work on us...
Dan Ariely talks about our "buggy" moral code...
Video Source: TED
Click to enlarge document
Drafted by Thomas Jefferson between June 11 and June 28, 1776, the Declaration of Independence is at once the nation's most cherished symbol of liberty and Jefferson's most enduring monument. Here, in exalted and unforgettable phrases, Jefferson expressed the convictions in the minds and hearts of the American people.
After conducting an informal survey of friends and family, I recently discovered that the vast majority of people I know have not read the DOI in decades. Many have never read it. If you are one of those I encourage you to read it right now. For your convenience, I have included a transcription of the complete text of the Declaration of Independence below...
The unanimous Declaration of the thirteen united States of America,
When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.--Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.
Source: Charters of Freedom
RAMBLE ON, the name of my SLOG was inspired by the Led Zeppelin song with the same name. It also describes the content, which reflects my very random observations about life, work and my endless pursuit of the sublime. See tag list below...
My "Fiscal Cliff" Playlist
"When you realize how little you know, you have become a philosopher."
~ Socrates ~