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RE: Civil Unrest and The Economy: Why Everything Is Falling Apart
I believe the true root of the problem is coming from lack of incentive to do the right thing. Meaning when "successful people" are continually lying, stealing and cheating there way to the top with little consequence, it's a self re-forcing more bad behavior. The 4 big banks created a monster crisis whereas, in the old days those banks that made terrible decisions would have huge consequences to pay. Excessive regulation has caused substantial barriers to entry limiting competition, freedom of choice and only helps rich get much richer!
I agree in the overall scheme of things. People lower down on the ladder of authority take their behavioral cues from the people above them. If workers see that their boss is doing unethical things and getting away with it, then for many, that justifies their own lapse in moral behavior. If the workers see that their boss sets high standards for his behavior and will not tolerate lapses in ethical judgement from his staff, then the moral standards of his staff will generally rise to his standards. When the President and Congress demonstrate by their behavior that they are above the law and can get away with things you or I are imprisoned for, it's not too much of a stretch to understand that pretty soon, the administrators in govt will begin reflecting their standards, then their staff will reflect the degraded standards, then the weaker of society will reflect those standards. Finally, the remainder of society accepts that new norm of behavior. If we want to get back to a society that values freedom and the rights of the individual, we as a whole need to have a change of heart. you can't have liberty in a society that thinks it is OK to steal from your neighbor via govt and force you to do things you wouldn't do given a choice.
Exactly! Actions have consequences. The government just swept the problem under the rug and pretended that their lovers (the banks it's in bed with) didn't just do a really terrible and illegal thing to everyone else in the country. It's unnatural.