Pilant's Business Ethics

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Tag: corruption (Page 1 of 4)

Marcos not a Hero but a Despot (via Red Lion Oratory)

Absolutely. I have followed the Marcos story for some years now. He is a hero alright, to other despots and to major crooks everywhere. Of course, thieves everywhere may just envy him for the incredible amounts of money he was able to steal.

I agree with the author that there is no way to measure what the Philippines would be like if the incredible wealth of the country had not been diverted into private fortunes for so many years.

James Pilant

Ferdinand Marcos is a despot exactly like Cambodia’s Pol Pot, Serbia Slodoban Milosovic, Egypt’s Hosni Mubarak, Libya’s Gaddafi and the reclusive Myanmar generals just to name a few. Any attempt to label him a hero by burying him in a place designated for heroes is sick. Marcos deprived the Filipinos of liberty and freedom. He operated a secret police, incarcerated his known opponents without charge, and tortured scores of contras calling them en … Read More

via Red Lion Oratory

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Why Should I Pay 300 When I Can Get Away With 100 (via In Charvak’s Footsteps)

Why Should I Pay 300 When I Can Get Away With 100 (via In Charvak’s Footsteps)

Should you pay the full fine or pay a bribe?

Please read the attached blog post for the correct answer.

James Pilant

My wife D, when she goes shopping to the congested Commercial Street area, insists on using her scooter. This weekend, unfortunately, she ran into trouble. Apparently she parked where she shouldn’t have and the traffic police towed away her scooter while she was inside a shop. Now D is a very conscientious citizen and obeys all rules and regulations and when she says that there was no sign that prohibited parking, I believe her. However, those of … Read More

via In Charvak’s Footsteps

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KPMG Study Shows Company Bosses Increasingly Commit Fraud (vis Ethics Sage)

KPMG Study Shows Company Bosses Increasingly Commit Fraud (vis Ethics Sage)

The invaluable Ethics Sage has a new article.

I, in particular, like this paragraph –

I find it astonishing that corporate fraud continues to increase and top management is leading the way. The increase in the FRP statistic seems to bear out the spread of the cancer that has been attacking the capitalistic system during the past 20 years or so. Remember the “Greed is Good” mantra in Wall Street? Well it’s instructive to look at the entire quote by Gordon Gekko: “The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated…The  point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the            essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the uoward surge of mankind.”

I won’t spoil the article by revealing more. But I promise you if you subscribe and favorite the Ethics Sage, you will have little cause for regret and many reasons to be pleased with your good judgment.

James Pilant

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stand strong (via lazywednesdays)

stand strong (via lazywednesdays)

Some poetry for your day and mine.

James Pilant

close the door stand strong don’t give in to their chants and songs noisy excessive din be bold take control you have a job to do You won’t be moved to their weakness no surrender stand up tall give your all their cries and pleas contagious disease look at them down there pathetic we are united you and I together we will make history we will change history Listen to me their fears and concerns will soon pass with them they’ll forget what you did … Read More

via lazywednesdays

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Is the PNG government also a puppet for the Chinese? (via Papua New Guinea Mine Watch)

Is the PNG government also a puppet for the Chinese? (via Papua New Guinea Mine Watch)

Here we see the Chinese government acting through “independent” corporations to forward its foreign policy aims. We are going to see a lot more of this.

James Pilant

Papua New Guinea Prime Minister Michael Somare’s astonishing admission that foreign multinational companies are able to use their powerful positions to dictate the actions of the PNG government raises again concerns about the influence of the Chinese government and its controversial the Ramu nickel mine. Speaking about the Panguna mine on Bougainville, at a time when he was Foreign Minister, Somare has admitted mining company Rio Tinto “exerted a … Read More

via Papua New Guinea Mine Watch

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Time for a Corporate Death Penalty (via AntiCorruption Society)

Time for a Corporate Death Penalty (via AntiCorruption Society)

I have advocated for the corporate death penalty before. I continue to believe it is a vital idea whose time has come.

Now that corporations have full political rights in terms of money and political advocacy, they are more and more like human beings.

So, killing one for its crimes makes more and more sense. A corporation whose crimes have risen to a certain level is seized by the government, sold off piece by piece until nothing remains. The stockholders lose everything for their failure to oversee their investment.

Justice.

James Pilant

Time for a Corporate Death Penalty June 9, 2011 By Bruce A. Dixon, Managing Editor for Black Agenda Radio commentary There are more than 40 federal offenses for which the death penalty can be applied to human beings, most of them connected to homicide of one kind or another. But countless homicides committed by the artificial persons we call corporations go unpunished every day. Apparently “personal responsibility” applies only to humans who are not operating behind the legal shie … Read More

via AntiCorruption Society

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Which face to slap first? (via Static)

Which face to slap first? (via Static)

We live in a new age.

Often when someone says those words, they are ranting or exaggerating. I am doing neither. For the first time, a citizen with a common appliance, a desktop computer, can read material from every part of the earth. We can watch their videos, read about their politics and communicate with the citizens through writing and commentary. Directly. No governments between us. No media filter.

There will be enormous changes coming from this, but it is going to take a while. It took a long time for television to change the political landscape to what it is today, this will be faster.

Here we have an obviously skilled and intelligent writer from Pakistan discussing the intellectual bankruptcy of the media. His complaints while illustrated by news examples from Pakistan are not different in kind from those in this country.

What we will find talking and listening to people from all over this planet is that we are brothers and sisters. We share many of the same concerns.

And we all have accomplishments to be proud of and problems to be solved.

Read the article. I assure you will find the author’s examples to be fascinating even though they take place on the far side of the globe.

James Pilant

by Rohaan Ahsen The issue I am about to talk about now is a very major issue, in the sense that it has crept into the very essence of an overwhelming majority of our population. Be it an extremely famous (or infamous) personality, or some run-off-the-mill average Joe, hypocrisy is inherent in people from just about every faction in our country. The names I take are those everyone repeats, I will not point fingers on any specific person or group, … Read More

via Static

Disgraced Wyoming Horse Eater Admits Illegal Collusion (via Straight from the Horse’s Heart)

Disgraced Wyoming Horse Eater Admits Illegal Collusion (via Straight from the Horse’s Heart)

I’m going to side with the horses (and I don’t even like horses). I don’t think that butchering horses for their meat is a benefit to them.

Besides there is a heavy level of outrage in this particular posting. I very much admire the author’s passion and anger. I share it.

James Pilant

Disgraced Wyoming Horse Eater Admits Illegal Collusion (In My Most Outraged Opinion) by R.T. Fitch “Slaughterhouse” Sue Wallis Admits Access to Leaked Federal Document It does not take a rocket scientist to figure out the motives behind the defunct and degenerate Wyoming state Representative Sue Wallis’ motives to eat horses; it’s all about the money.  But we can live with that as she is not that m … Read More

via Straight from the Horse’s Heart

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$6.64 Billion Damages Sought over Israeli Government and AIPAC Use of Stolen Classified US Trade Data (via Aletho News)

What a surprise! A union between commercial interests and the government, the only surprise being in this case it concerns another nation.

This is nasty. The government of Israel stole diplomatic information on trade and commerce and handed it over to their business community giving those businesses an enormous and illicit advantage.

When should the government cooperate with industry? We can argue over where and when it is ethical. But can we really argue with direct illegality? I don’t think so. It was wrong to use privileged information, not just because it was illegal but because it endangers all future international cooperation.

This is not the first time the government of Israel has acted as a rogue government. It will not be the last.

James Pilant

Grant F. Smith | IRmep | May 24, 2011 WASHINGTON–(BUSINESS WIRE)–Today the Section 301 Committee of the US Trade Representative formally received a petition demanding $6.64 billion in compensation for US exporters. In 1984 US exporters were urged to submit business confidential data about their prices, market share, internal costs and market strategy to the International Trade Commission. The USTR guaranteed confidentiality and compiled the dat … Read More

via Aletho News

JOIN NOW! 200,000 SIGNATURE DRIVE FOR ELIZABETH WARREN RECESS APPOINTMENT (via Livinglies’s Weblog)

JOIN NOW! 200,000 SIGNATURE DRIVE FOR ELIZABETH WARREN RECESS APPOINTMENT (via Livinglies’s Weblog)

Let’s get in there and put pressure on Obama to get this nomination done. The banks and the special interests have allied to block it. They are trying to kill the agency before any work can be done. Their crimes and unethical behavior will not be brought into the light without the agency.

Please go sign the petition. Elizabeth Warren will make a difference.

James Pilant

JOIN NOW! 200,000 SIGNATURE DRIVE FOR ELIZABETH WARREN RECESS APPOINTMENT GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S NOTE:  A recess appointment is one in which the President appoints someone during a congressional recess. I’m no expert on the details but I know that recess appointments have been extensively used, particularly by the Bush administration to get around the requirement of getting congressional approval. If Congress is not in session, the President makes the appointment because the p … Read More

via Livinglies’s Weblog

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