Moral Obligation

If you are one of those individuals who is keeping up with the Washington/Wall Street saga, you may find information filtering down to you (as I do) about the Senate Investigative Committee which is Chaired by Carl Levin of Michigan.

Good old Carl was pressing one of the Goldman Sachs executives when, according to Associated Press, he asked as follows – “whether the Company had a moral obligation to disclose to clients that it was making side bets against the same investments it was selling them?”

It got me wondering (as usual) whether the Senate of the United States of America has a moral obligation to disclose to the American people that it is selling their future down the proverbial river with expenditures that cannot possibly be paid for by the current generation or the next, or the next. . . .

It’s funny (as in strange) how morality seems to vacillate back and forth depending on the circumstance. And that is the totality of the problem, don’t you see? Rather than operate morally (and that morality is originated and defined by the God of Heaven and Earth), we choose what is expedient often dependent on which way the wind is blowing (to use a  cliche or two).

If I understand morality (and I do) this is the old “pot calling the kettle black.” Maybe Wall Street is just doing unto others what has been done unto them. Sold a “bill of goods,” “selling a bill of goods.”