Archive for category Ethics
The Rich Make Majority of Strategic Mortgage Defaults
Posted by Lance Haley in BP oil spill, Business and Money, Capitalism, Cultural Issues, Economics, Ethics, Health Insurance Industry, Morality, Wealth Disparity & the Ultra Rich on August 4th, 2010
So you think it’s all those ”immoral” people who got sub-prime mortgages on a house that they could not afford who are mailing the keys back to the bank?
WRONG!
Statistically speaking, it is the wealthiest people who are making “business decisions” to walk away from mortgages when what is owed on the loan is greater than the value of the house. And the rich are doing so at almost twice the rate of the sub-prime and owners of lower-cost homes, according to data compiled by the real estate analytics firm CoreLogic.
In other words, sub-prime borrowers generally cannot make the payments, and involuntarily have to walk away; rich people can make the payments and voluntarily choose to walk away!
These are called “strategic mortgage defaults”, because the individuals do a complete cost/benefit analysis in order to determine if it makes financial sense to keep the home when it will likely never appreciate in value enough in the long run to pay for itself.
It’s not dissimilar to what health insurance companies do when denying coverage for that little bout of cancer your spouse is battling, or what BP did when deciding to take shortcuts while drilling on that rig in the Gulf of Mexico. Hey, it might cost them more in the long run, but they are willing to take that chance given that it will certainly save them money in the short-run. Thus giving them a better opportunity to make more money in the long run.
Amoral Capitalism. Risk/reward analysis. It’s just business, partner; you know, it’s all about ”the bottom line.”
Sam Khater, CoreLogic’s senior economist, said it best:
“The rich are different: they are more ruthless.”
When Human Laws Trump “God’s” Laws
Posted by Lance Haley in Catholic Church, Cultural Issues, Ethics, Legal & Justice, Morality, Pedophilia, Religion, Religion & Spirituality, Sex & Sexuality, Sexual Deviancy, The Pope on June 30th, 2010
GRIM REAPER TAKES VATICAN TO COURT
How in God’s name did The Vatican ever get sovereign status?
Oh, that’s right, they got it in God’s name.
Then on Monday, the U.S. Supreme Court was silent on The Vatican claim that is was entitled to hide behind the shield of immunity, allowing a Federal Appellate Court’s ruling against the Church to stand. Finally, their day of legal reckoning is near at hand.
As we like to say here in America, “See you in court, Pope.”
Oh, and Hell is not too far behind.
Remember: Bring your own ice.
Bernie Madoff: “Fu@K My Victims”
Posted by Lance Haley in Business and Money, Capitalism, Cultural Issues, Ethics, Morality, Wealth Disparity & the Ultra Rich, financial industry on June 21st, 2010
”FUCK MY VICTIMS”
So after leaving thousands of trusting clients broke and devastated, Madoff adds insult to injury by telling a fellow inmate while incarcerated at the MCC [the New York city jail] that this crime was not all of his own making, and that he felt unfairly caught up in it.
He even went so far as to tell a prison consultant which he had hired that ”People kept throwing money at me. Some guy wanted to invest, and if I said no, the guy said, ‘What, I’m not good enough’?” Poor Bernie did not want to insult the guy – so he “Made Off” with his money.
But his final comment speaks volumes:
“ FUCK my victims. I carried them for 20 years, and now I’m doing 150 years.”
Catholic Church’s “Geographical Cure” for Priest Sex Scandal
Posted by Lance Haley in Catholic Church, Cultural Issues, Ethics, Morality, Pedophilia, Religion, Religion & Spirituality, Sex & Sexuality, Sexual Deviancy, The Pope, crime on April 23rd, 2010
A Picture (Chart) is Worth a Thousand Words
An Associated Press investigation has uncovered 30 separate cases where pedophile priests have been transferred out of their parish or overseas.
One American victim was raped numerous times by a priest when he was a young boy over 50 years ago in a Massachusetts parish. The monster who raped him was quietly transferred to the jungles of Brazil – claiming that he was miraculously “cured” by divine intervention. All while ministering to half-naked children in the jungle.
As for “cures”, the victim offered the best moniker thus far regarding the Vatican’s solution to their public relations problem these past fifty years:
The “Geographical Cure“.
I suppose that too was “Divine Intervention“?
Vatican Now Invokes Anti-Semitism in Shameless Ploy to Deflect Criticism Regarding Sex Abuse Scandal
Posted by Lance Haley in Crime & Punishment, Cultural Issues, Culture Wars, Ethics, Legal & Justice, Morality, Religion, Religion & Spirituality, crime on April 2nd, 2010

“You shall not merely be deported. You shall be killed..And this will be your punishment for your killing of our saviour.”
– Slovakian Catholic Archbishop Karol Kmetko, responding to Jewish plea for assistance from Nazi persecution (March of 1942)
The Vatican has now reached a all-time low in it’s attempts to silence critics of its vain crusade to exculpate itself from any responsibility for 50+ years of a perpetual international criminal conspiracy to cover-up the widespread existence of pedophiles among it’s clergy.
This author posted several recent entries, here and here, providing undeniable proof demonstrating the Church’s willful and wanton actions to conceal evidence of these incomprehensible moral and legal crimes against children all over the world. Moreover, the Vatican and it’s proxies further facilitated these reprehensible acts by allowing pedophile priests to continue in their vocation, thereby allowing them to further sexually molest other innocent children.
All in the name of God.
In response to it’s indefensible and unconscionable acts, the Vatican is now comparing criticism of it’s scandalous behavior to anti-Semitism. So like changing water into wine, I now have been miraculously converted into the likes of an anti-Semite merely because I have assisted in exposing the hypocrisy of the Catholic Church’s hierarchy?
How utterly despicable.
Notwithstanding historical evidence of anti-Semitism within its own ranks, coupled with a papal apology for the Church’s contribution to the Nazi Holocaust, what is most paradoxical are the uncanny similarities in which two of the greatest crimes against humanity – the Holocaust, and now this global Catholic pedophilia conspiracy – were both denied by their respective perpetrators. In the case of the former, by the German people; in the case of the latter, by The Vatican.
The comparisons stop there. In the case of the German people, at least they voluntarily worked up the courage to accept responsibility when faced with the overwhelming evidence of the horrific crimes committed by their government while they idly stood by and did nothing. Their ongoing repentance has garnered a remarkable forgiveness from the rest of the world as time has gone on. Germany has even gone so far as to criminalize anti-Semitic behavior, as well as Holocaust denial.
In contrast, these cowardly ploys by the Vatican to demonize it’s detractors only further serves to demonstrate the deep denial that masks the manifest socio-pathological condition that envelopes this evil organization. One can expect nothing less from such a spiritually-corrupt, and morally bankrupt institution. The hour is now way too late for any apology.
The Vatican’s acts speak for themselves.
Thunderous Applause by Utah Republicans for House Majority Leader’s “Honesty”?
Posted by Lance Haley in Campaign Finance Reform, Campaigns, Cultural Issues, Ethics, Government, Morality, Politics, Sex & Sexuality on March 12th, 2010

Let me get this straight?
Kevin Garn, Utah’s 55 year old Republican Majority House Leader, sat naked in a hot tub when he was 28 years old, with a 15 year old female employee. It was all just a “spur of the moment” skinny dip, and nothing sexual happened, according to Garn. Garn then paid the woman $150,000 eight years ago, during his 2002 U.S. Congressional campaign, to keep quiet about the incident (yes, she extorted money from him).
This week it all become very public when the woman went public with the story anyway. And only now is Garn apologizing. For the both the prior unlawful adult-child “indiscretion”, as well as for the subsequent payment of “hush money” in 2002. So how do fellow Republicans respond to his involuntary act of contrition in the Legislative chambers of the Utah House of Representatives?
With “thunderous applause for his honesty and embraced him.” Even Utah’s Speaker of the House, Dave Clark, was moved to tears. And the Utah Governor’s spokesperson said they would not be asking for his resignation.
Wait! It gets even better. Garn said “now that this issue is coming up again, it is apparent to me that this payment was also a mistake.” Because it was wrong? Or because it did not work? Irony of ironies . . . Garn was the House’s designated leader this year for several ethics proposals designed to restore their constiuent’s faith in Utah’s Legislature after a recent spate of alleged claims of political bribery. Garn is still hopeful he can get re-elected. And obviously, so are his political peers.
They just do not get it, people . . .
and apparently neither do we, the electorate.
SHAME ON US!
Duke Lacrosse Team Rape Accuser Commits Hate Crime & Mike Nifong Hates Fundamental Unfairness of Truth
Posted by Lance Haley in Cultural Issues, Ethics, Media & Communication, Politics, Race, crime on February 18th, 2010
Duke Lacrosse Team Prosecutor Mike Nifong - Complained of Fundamental Unfairness of Disbarment Proceedings While His Puppy Was Eating His Law License
Do you recall that ugly scandal involving players for the Duke University Lacrosse Team, where a stripper named Crystal Magnum – boy was Chris Rock ever right about keeping your daughter “off the pole” - accused several of the players of raping her at an off-campus team party?
Remember the over-zealous Prosecutor Mike Nifong making racially-incendiary insinuations that the alleged rape was a hate crime – all for political gain – along with his other voluminous ethical violations?
Of course, nothing was further from the truth. There was never any crime committed that night. Except, of course – and I sincerely apologize to Duke University for not defending your actions - there was that unthinkable crime of underage drinking by college boys. Oh, the horrors of it all . . .
Earlier today, Crystal Magnum (did your mom really give you that name?) - that stripper who falsely accused those young white men of the rape – was arrested for allegedly beating the Hell out of her boyfriend, then throwing his clothes in bathtub and setting them on fire in an apartment. While being taken away by police officers, it was reported that she then yelled at the boyfriend, “I’m going to stab you [MotherF&%ker].”
She was charged with “first-degree attempted murder for communicating a threat” while in the presence of police officers, as well as five counts of arson, simple assault, identity theft, damage to property and resist, delay and obstruction of justice. Moreover, there may be three additional counts of child endangerment as a result of setting the fire in an apartment, presumably where the children were present.
All proving once again that she really hates men – black or white.
In a really twisted irony was Nifong’s response when confronted with news reports of Magnum’s arrest. Nifong told a reporter who called him in order to comment on the matter, that he doubted the truth of those reports since he believed media reports “to be of questionable value.”
I guess Nifong forgot about the fact that he didn’t hesitate to disseminate evidence of questionable value regarding DNA and other legal issues to the media during the Duke Lacrosse Team rape case.
Karma’s a bitch – literally and figuratively speaking - ain’t it Mike?
Inside the Mind of An Unapologetic Wall Street Investment Banker
Posted by Lance Haley in Bailouts, Banking, Business and Money, Capitalism, Cultural Issues, Economics, Ethics, Financial Crisis, How and Why We Get Screwed, Morality, Politics, Show Them the $$$, Wall Street, Wealth Disparity & the Ultra Rich, financial industry on January 19th, 2010
“The greatest trick the Devil ever pulled was convincing the world he didn’t exist.”
– “Verbal” Kint, The Usual Suspects
Ok. So you may or may not have cared to see or read about the CEO’s of four Wall Street banks who testified this past week before the Financial Crisis Inquiry Commission.
However, wouldn’t you like to literally go inside the mind of a Wall Street investment banker and understand how they rationalize away any sense of responsibility for the untold consequences of the financial collapse? If you have a beating heart in your chest, and blood in your veins, these quotes from a Wall Street investment banker’s blog defending the apparent indifference by these men to the financial calamity that they were complicit in and primarily responsible for creating should send shivers up your spine:
Investment bankers “have absolutely no interest whatsoever in the whys and wherefores of the financial crisis, the proper size and role of banks and investment banks in the domestic economy, or the moral imperatives inherent in stewarding the financial plumbing under-girding the daily lives and livelihoods of six billion people . . . [i]nvestment bankers have almost no interest in why things are the way they are. Rather, they spend all their considerable intellectual and psychological resources on understanding how they can take advantage of the way things are.”
Moreover, “their obvious lack of intellectual curiosity about the sources of the crisis . . . [explains] their resistance to any major change in the way the industry or the markets are regulated . . . changing regulations will [not]necessarily make the industry less profitable . . . [since they] have well-justified confidence in their ability to turn new regulations to their advantage.”
He goes on to conclude, “Don’t look to investment bankers for answers on how we got here. We don’t know and we don’t care [emphasis added]. We take the world as we find it and try to make money.”
After reading this, there should not be a shadow of a doubt in any one’s mind - - they are Financial Terrorists.
These men simply have no souls.




![Dantes Inferno [1] Dantes Inferno [1]](http://screwedus.com/wp-content/uploads/2010/04/Dantes-Inferno-1.jpg)
