Recent Trust Commentaries

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Crucial Years
In 1951, nuclear testing continued with a 1-kiloton bomb dropped on Frenchman Flat near Las Vegas, Nevada. President Harry Truman relieved General Douglas MacArthur of his command in the Far East. Senator Estes Kefauver headed a Senate committee investigating interstate crime, and… …on one bright and shining day in June, John Nelson Baldwin, graduating from Pelham Memorial High School in...
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March 6, 2013
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Mutual Respect and Trust
The president’s State of the Union speech officially marks the beginning of a new federal cycle. What will that new beginning look like? How will those few, elected to represent the many, lead? Here are a few words for both Congress and the president to reflect on. At the end of Mr. Jefferson’s great Declaration are these words:“…we mutually pledge...
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February 13, 2013
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Is Honesty the Best Policy?
To begin with, I searched the internet with the question. The first link that showed up… no joke: “Honesty Is Still The Best Policy Free Essays 1-20 www.OpPapers.com/…/honesty-is-still-the-best-policy-page1.html 20+ items – Free Essays on Honesty Is Still The Best Policy for students.” Notice the lack of any pretense: “for students” While there are plenty of polls (and rationalizations) that examine the question,...
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September 26, 2012
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Better Angels, Part II
At the end of July, before two political conventions and, I’ve lost count of how many negative campaign ads and divisive comments about the current state of our Union, I wrote how Abraham Lincoln, on March 4, 1861, stood on the steps of a U.S. Capitol building still under construction and spoke words of reconciliation and hope. Lincoln was so hated by...
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September 12, 2012
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What’s the Point?
Recently a reader asked, “We know ethics scandals are all over the news. We know politicians are corrupt, that bankers, CEOs and executives lie, cheat and steal. So, what are you trying to tell us that we don’t already know? What’s the point?” The point of the site is this: to understand that there is an ethical dimension to many...
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May 30, 2012
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The Trust Deficit
Just before signing The Stock Act which now makes it illegal for members of Congress and their staff to profit from inside financial information, President Obama declared, “The powerful shouldn’t get to create one set of rules for themselves and another set of rules for everybody else.” In 2004, I once asked a well-connected financial guy why someone like businesswoman and billionaire Martha...
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April 9, 2012
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Root Rot
Global Investment banking giant Goldman Sachs lost $2.15billion of its market value the day after London-based employee Gregory Smith told the world in a New York Times Op-Ed that the company is not only “toxic and destructive,” but is only interested in “How much money did we make off the client?” In 2009 Rolling Stone story, reporter Matt Taibbi called Goldman...
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March 16, 2012
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Mr. Kroft Goes to Washington
Last November, 60 Minutes correspondent Steve Kroft reported on a nice little perk that members of Congress have enjoyed for some time, insider trading. According to a report entitled, Insiders, Kroft interviewed “Peter Schweizer… a fellow at the Hoover Institution, a conservative think tank at Stanford University… Schweizer says he wanted to know why some congressmen and senators managed to accumulate significant wealth...
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February 8, 2012
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Trust
This is not a good year to be a member of Congress. In its annual measure of Ethics and Honesty in Professionssurvey, the Gallup organization, not surprisingly, found that 64% of Americans rate Congress at “Low” or “Very Low,” which tied a record low score with Lobbyists in 2008. Telemarketers, stockbrokers, bankers, real estate agents, and lawyers all beat out Congress...
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December 14, 2011
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Dear Diary
It’s Tuesday May 23, 2006 and I’ve just arrived at my hotel. After traveling all day from California, I’m in New York to give a report to the public via the media on Honesty and Trust in America. In the Spring of 2006, with a host of ethics scandals involving CEOs, politicians, athletes and other celebrities you might think that my...
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November 18, 2011

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