Your Questions About Moral Responsibility Of Banks

Sandy asks…

What would happen to the price of oil if the US attacked the 4rth largest oil producer?

Pip answers:

Neocon’s smoked dope when it was Still “Moral” I hear tell from Neocon Newt that it was Moral in the 60s. Lmao. Right. Illegal but Moral.. Like Newt is Moral. The United States needs to suffer from their own lack of vision. The Neocons don’t believe in taking responsibility for your consequences because they don’t believe in consequences at all. They believe in the “Noble Lie” I listen to Iranians on here saying exactly what Iran will do if Israel or the USA attacks them and the USA blindly goes on making unsubstantiated threats about WMD. Business as usual I guess. The Neocons are gonna make us all pay for their allegations mark my words.

This article is from 11/22/11
And while President Barack Obama said Monday the United States had “the entire Iranian banking sector — including the Central Bank of Iran” in its sights, Washington avoided sanctioning the bank that handles Iran’s the receipts of more than 2 million barrels of oil exported each day, for fear of the impact on the oil market and global economy.

Yes, the United States Neocon run Congress and Federal Reserve especially the Fed, wants that Iranian Central Bank so bad they are salivating

Susan asks…

what ethical situations do engineers face at work?

what ethical situations do engineers face at work?

Pip answers:

Ethical misconduct seems to be the stuff of everyday headlines and news shows – we are bombarded with stories about the moral failings of our political leaders, top athletes, and entertainers. Engineers are also subject to public scrutiny: consider the attention that the media has given to cases such as the Challenger disaster, the Kansas City Hyatt-Regency Hotel walkways collapse, and the Exxon oil spill. New and expanding technological capabilities confront us with ethical temptations and dilemmas. For example, never before have we had to consider the ethical issues of human cloning, or ponder the possibility of a worldwide banking collapse. Computer-assisted design permits architects and engineers to refine their calculations so that they construct buildings with the thinnest, least expensive materials, reducing margins of error. Technology allows us to introduce innovations into our homes and work places, but we don’t always take time to conduct research on the social, economic, and medical impacts they may have on our lives. The 21st century promises to bring enormous ethical challenges. As a response to this concern, a new discipline, engineering ethics, is emerging.

What exactly is ethics? In the literal context, ethics can be defined as “a body of moral principles.” Professional ethics and conduct constitutes a set of rules and behaviors which facilitates effective interaction on professional matters. In this respect, ethical rules are very much like laws or standards that govern social and professional interactions. Ethical behavior may broadly be equated with the respect for one’s colleagues, and for their rights.

Engineering is similar to professions such as law and medicine in that it has specialized knowledge, the privilege of self-regulation, and a responsibility to the public. We use our training and abilities to benefit society, and society expects that we will oversee and regulate the performance of our fellow engineers. Thus, our education and our professional practice must consider the ethical dimensions of engineering.

Professional ethics are not just a personal preference established and governed by the individual engineer. Because of the importance of professional behavior, most companies and professional societies have drafted codes of ethics to which their members are required to commit. Overall, the codes tend to be very similar. The ASME codes Policy 15-7 are based on several fundamental principles, which provide guidance to professional engineers in commonly-encountered situations.

Nevertheless, there are many “gray areas” that can challenge engineers as they struggle to behave in an ethical and moral manner.

At an Early Career Forum, during the 2007 ASME Summer Annual Meeting, Sunday, June 10, in Toronto, Canada, three (3) experts on Ethics addressed six premises (A-F) of ethical problems engineers face in today’s workplace.

Donald asks…

Would someone please tell me what it was like when people had to be responsible for themselves?

I’m not that old, but I would like to know what it was like when people had to take responsibility for themselves. When if a bank loaned money to people that couldn’t pay it back they went out of buisness, and if a car maker made cars that were crappy they went out of buisness. And if you bought a house you couldn’t afford the government didn’t help you make the payments. If you wanted health insurance you paid for it. What was that like?

Pip answers:

They made better decisions then because they knew that if they purchased a $10,000 vehicle and was only making $6,500 a year, that they were going to be over their heads and lose everything. Back then, as a kid, we were told “No” when we asked for some things because there wasn’t room in the budget for it or it was not needed to begin with. Leaders of banks and big businesses were brought up with similar morals. But, when greed set in, that was when thing started to fall apart, along with the fact that parents don’t say “No” to the endless wants of their children, causing them to spend more than they make. Life was better then when everyone took responsibility for themselves, because it made it a more pleasant world to live in. (Even though children didn’t always like to hear the word “No”, they respected it and didn’t question it.)

Robert asks…

How is it that those in government can bounce checks, paying for personal items, and not get in trouble?

I did political surveys years ago, not certain these things are 100% accurate, at least the numbers, but I know some of them bounce checks, paying for tires for their new Mercedes, or whatnot, and nothing happens to them. They’re still in office…

Pip answers:

Years ago a number of Congressmen and Representatives have been accused of bouncing checks and having preferential treatment given to them by banks. They get away with it because We, the people, don’t demand that they be punished and we don’t oversee the government the way we are supposed to. If we reigned in the President and V.P. And demanded that our laws be enforced or we petitioned for impeachment, a lot of what goes on in the government wouldn’t be possible today. We have abdicated our rights and responsibilities and only by taking back our rights and responsibilities will we be able to change this. If 100% of the people who were eligible to vote, voted, and if 100% of those eligible people refused to vote for the candidates that are pushed down our throats by the money faction, do you think the government would be able to get away with taking our rights? Do you think they would be able to get away with ethics violations? It used to be said that any citizen can become president of the USA. What a crock. Today, you can’t even run for local office unless you have more money than most of us can earn in a lifetime. Additionally, when non profits and corporations can contribute to campaigns the idea of one man, one vote, is pure crap. Oprah Winfrey has sold out her fundraiser for Barack Obama — I don’t remember whether it was $2500 or $25,000 a plate — but either way, who among the little people has that much money to buy influence or influence a vote? Do you think that Obama or anyone else will represent your wishes or the wishes of the “money” providers? We can stop it by voting. We can stop it by getting behind candidates who are not represented by money or by writing in “None of the above”. If all the voters did this, we would finally get the government’s attention and it would certainly not be status quo. Let’s prosecute them for moral and ethics violations. Let’s take their jobs just like they have taken ours by outsourcing and gouging us.

William asks…

Do you think Multiculturalism is a good thing or bad thing for Ireland?

I know Irish immigration has benefited North America and Australia. But do you think all immigrants to Ireland should be welcome?. I know Gerry Adams of sinn fein has a strong stance on racism and welcomes Nigerians etc with open harms offering them passports and places to live because he knows Africans, eastern Europeans have a lot to offer Ireland. Also, Britain seems to have benefited from mass immigration and Ireland will to. I really hop sinn fein get into power so we can rid Ireland of the racism and crooked scumbags ruining our country. who do you think?

Pip answers:

Immigration into Ireland has been one of the most unfortunate excesses of the Euro-Spawned bubble and bust era.

While it is politically correct to complain about ghost estates, crook bankers and banking practices and the lost of values as a consequence, it isn’t to mention the “i” word, despite much being a consequence of the same.

However, one of the big problems those of us who were extremely concerned about the rate of immigration even during the bubble times (and often took a lot of flack for saying so then) is that the character of many native Irish born since circa 1980 roughly is largely lacking in moral fiber and in many cases is actually void of any strong sense of social responsibility and respect for society in general. The reality is that many migrants are superior in many aspects of character .

For example,people in urban areas in particular are not going to be looking forward to the coming months as many teenagers will be idle and on the streets many indulging in wanton “anti-social” behaviour and causing nuisance in general.

These on the whole will be overwhelmingly of native stock.

The unfortunate reality is that much of the “liberal” forces that have brought about mass immigration and multiculturalism have also been responsible for encouraging permissive and lax attitudes in society as a whole for what is effectively a generation by now.

This presents a major problem not just directly for those who lives are blighted by these blighters, but it greatly weakens the case of those who want to defend the native people as a whole from the potential future problems that mass immigration can bring.

Ireland has a difficult problem in that sense. Unless something is done about the behaviour of much of its youth and younger adult population generally, then quite frankly they cannot expect too much to improve.

Respectful immigrants are going to more desirable than disrespectful native youngsters and somebody should start making that clear to them. In that sense you have a point.

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