On this week’s blog, I will talk
about a topic that has permeated not only corporate America but also our Government, both local and national. Corruption has a way of not only weakening a government, economy but the entire country. Why is this topic even important? At first you would think that it does not really affect you, but unbeknownst to us it does. With all of the current corruption headlines in the news, one would think that our country is one of the worst offenders in the world. As an example of this, Malcolm Smith the former from New York Senate Leader was convicted of bribery and including Queens County Republican Party Vice Chairman Vincent Tabone in on his scheme. Tabone was also later convicted of accepting the bribes.
about a topic that has permeated not only corporate America but also our Government, both local and national. Corruption has a way of not only weakening a government, economy but the entire country. Why is this topic even important? At first you would think that it does not really affect you, but unbeknownst to us it does. With all of the current corruption headlines in the news, one would think that our country is one of the worst offenders in the world. As an example of this, Malcolm Smith the former from New York Senate Leader was convicted of bribery and including Queens County Republican Party Vice Chairman Vincent Tabone in on his scheme. Tabone was also later convicted of accepting the bribes.
It is a known fact that individuals in power are not allowed
to gain financially by virtue of their position. When situations arise that
would place those in power in these positions they are to report the incident
and recuse themselves from the situation to keep themselves out of an
unethical situation. As a result of the general manager’s unethical behavior,
he was convicted of the kickback scheme and he could receive up to 5 years in prison and up to a $250,000 fine on his sentencing date.
One aspect of this corruption that I do not understand is
the fines that these guilty individuals pay. They steal more money than they
are fined and yet the system does not get it back. I for one would seize all
of their assets as this would send a message to those that are contemplating
such behavior to think twice before committing to such actions.
As a country, one would think that we are one of the worst
offenders in the world and I admittedly thought that we were. However, the
truth actually surprised me. According to Transparency International and their
Corruption Perception Index for 2014, the United States ranks as the 17th
best country in reference to corruption. This site ranks countries from 0 –
100, a score of 0 represents a totally corrupt country and conversely a score
of 100 represents a corruption free country. Based on the sites research, the
United States scored out at 74. This score is actually an improvement over the
2012 and 2013 years as the United States scored a 73. Once again, the current
ranking of the United States was a shock as I never thought that we would have
placed so high on the list.
http://www.transparency.org/cpi2014/results
I believe that the problem begins with individual moral
failure which then lends itself into the business world. If one’s moral beliefs
are lacking then they will continue their pattern of behavior until somebody
stands up and says enough. However, as long as anybody can make a dollar off of
their position then they will push the boundaries of ethical behavior as far as
they can. To commit acts as these is a learned behavior and they are
consistently being reinforced. I have heard many times that people are tired of
getting beat up for doing the right thing and being penalized for it when it is
much easier to go with the flow and not cause waves. In my opinion this is the
wrong approach because it leads towards a dark path that will bring us all down
as a society. There are many theories as to how to fix the corruption problem
and many of them are good ideas but to truly hit them where it hurts, I firmly
believe that all their assets need to be seized and that they will never have
an opportunity to be placed in another position of power again.
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