Political representatives require our moral advice to regulate overwhelming, economic corruption. Most of us would agree we are being forced to accept continued deregulation.
It's disheartening when scandals are called bailouts. We're being forced to accept bailouts so business-as-usual will continue, feeding money to some of the nation's richest individuals. Without their salaries being decreased, "The sharks have the keys to the feeding cage."
Overwhelming as they are, bailouts aren't the true source of society's economic problems. Dishonesty is. Our nation's educational institutions have educated these financial advisers in the art of making money. But without true service at the heart of Wall Street, greed reigns in financiers' hearts.
Widgets' sharks learn the art of acquiring a fleet of their own widgets while attending the esteemed "Widget University of the Sharks." Cunning sharks are enticed with tax-deductible perks, including bonuses and business trips to exotic bodies of water.
Now, the widget has on-board cell phone, global positioning system, computer, DVD with surround sound, and more. These features are where the widget's real profits reside. When will our institutions of higher learning discontinue propagating greed? The phrase "earning an honest living" is no longer at the heart of most business philosophy.
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Is it possible to change the moral nature of sharks? Even though the greed of suppliers exceeds the consumers' product demands, suppliers need to redesign affordable products and services for consumers. Building unwanted features into products contributes to a failing economy. It's the disease that will continue to cripple our economy; unless an honest consumer-product philosophy is implemented.
Our society is interdependent with our political representatives. Moral economic philosophy needs to be communicated. A proverb reads, "Dishonest scales are an abomination to the Lord, but a just weight is his delight."
Tim Riley
Duluth
