An obscene juxtaposition of images and words

This February 11, 2009 file photo shows Goldma...

Image by AFP/Getty Images via Daylife

While heart-wrenching photos and video footage of the utter devastation of Port-au-Prince trickled out from one of the world’s poorest countries,  the fattest of the fat cats testified on Capitol Hill today.  They appeared before a bipartisan commission established to examine the causes of the worst recession since the Great Depression.

Here is an exert from The New York Times report:

Tensions flared as commission members retraced the events leading to the near-collapse of the financial system in 2008 and pressed bankers on whether they or their employees had acted unethically.

Phil Angelides, a Democrat and a former California treasurer who is chairman of the commission, focused onLloyd C. Blankfein, chief executive of Goldman Sachs. At one point, after Mr. Blankfein likened aspects of the financial crisis to an “hurricane” and similar “acts of God,” Mr. Angelides cut in to say, “These were acts of men and women.”

Though the bank titans acknowledged that perhaps they got some things wrong, they won’t, of course, give back this year’s six or seven or eight figure bonuses.

If they want to take even some responsibility and improve their image, I have a great solution. Let them, and their smug lieutenants, give their bonuses in their entirety to rebuilding the horror that is now Haiti.  OK. Can we agree on 10 percent maybe?

It will never happen, of course. These guys actually believe they deserve all that money, the rest of the world and country be damned.

Advertisements

About jerrylanson

I teach, write, coach and sing, though you're not required to listen to the latter. I'm a journalism professor at Emerson College in Boston. My third book, "Writing for Others, Writing for Ourselves," was published in November by Rowman & Littlefield Publishing. You can read a sample chapter at www.jerrylanson.com. My passions are politics (generally liberal in outlook), music, mountains, golden retrievers and my grandchildren, though not in that order. Please stop by and mix it up with me. I always answer those who post.
This entry was posted in economics, Uncategorized, World and tagged , , , . Bookmark the permalink.

4 Responses to An obscene juxtaposition of images and words

  1. rockyinlaw says:

    Maybe these 21st century robber barons are some sort of idiot savants, completely incapable of understanding concepts such as empathy justice truth fairplay responsibility communitymembership, but perfect in their ability to game. I like the idea of everyone simply taking their nickels and dimes out of the large financial institutions that caused this disaster and putting all into small community banks and credit unions — if not exactly just deserts, certainly a step in the right direction.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s