Do we need an ethical bailout to go along with the financial one?

Do we need an ethical bailout to go along with the financial one?

Let us discuss the need for honesty and integrity as the basic principle of leadership. Defines quality leadership as a process beyond technical competence. Successful leaders continually demonstrate honesty and integrity as an essential element of their professional fabric; a lack of commitment to the principle renders all other skills meaningless. Depicts honesty and integrity as essential elements of human behavior that promote and support quality relationships. Defines honesty and integrity in the context of building trust and maintaining credibility. Provides a sound philosophy that increases the probability for long-term success and professional fulfillment.

The matter raised "legitimate and genuine concerns", adding: "My concern ... is that without integrity and legitimacy and honesty, and then Government cannot function. This must now be settled, otherwise it saps at the very heart of what is the highest office – and the highest office-holder."

Is honesty for suckers?

— A worldwide recession sets in when it turns out that a vast subprime mortgage system was built on a foundation of fraud.

— Government officials are convicted of fraud and misappropriation of funds and backdoor deals.

— Cheating is rampant in high schools and colleges.

— And in sports? The same deal. Doping scandals, cheating, chemical and otherwise, pervades football, baseball and other sports.

— Wall Street is being manipulated by corporate America bilking investors out of billions of dollars.

If so many people are cheating, how can honest people play by the rules and not be at a disadvantage — in school, at work, in sports, in business?

Do we need an ethical bailout to go along with the financial one?

Are you a chump if you play by the rules?
Compiled by: YJ Draiman for Mayor of Los Angeles