Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label Bus Econ Ethics and morality. Show all posts
Showing posts with label Bus Econ Ethics and morality. Show all posts

Friday, March 20, 2015

My copy of the pamphlet on the 1979 Maryland Public Ethics Law and some thoughts on the current Maryland Ethics disclosure law.

My copy of the pamphlet on the 1979 Maryland Public Ethics Law and some thoughts on the current Maryland Ethics disclosure law.


For your files, please find from my old papers a copy of a pamphlet that the State Dept. of Legislative References published in early 1979 about the newly enacted Maryland Public Ethics Law which went into effect on July 1, 1979.

I have long-since forgotten the context of the law or what particular incident may have precipitated the law.

I do remember that at the time fulfilling the requirements of the law were relatively effortless and unremarkable.

According to some individuals close to the situation, “legislation enacted by the Maryland General Assembly in 2010 required local ethics ordinances to be at least as stringent as state law. At the time, many municipal government officials expressed alarm over the breadth of the new financial disclosure requirements. Municipal officials were concerned that the broad requirements would deter capable new candidates from seeking local office and influence current elected officials to decline to seek reelection.

“Bills introduced in the 2014 session of the General Assembly by Senator Raskin and Delegates Gilchrist and Haddaway-Riccio sought to exempt local municipal elected officials from disclosing certain items.

In 2015, the Maryland Municipal League is taking a different approach to this legislation. Rather than exempting elected municipal officials and candidates for municipal office from filing financial disclosure statements, or certain information therein, this legislation would shield certain confidential information from public inspection absent a finding by a local ethics commission of a violation of any part of the municipalities’ financial disclosure or conflict of interest requirements.

“Specifically, the law would shield information regarding a spouse or dependent child, and, unless related to a business entity with which the municipality has conducted business within the last 10 years, the candidate or elected official’s interests in real property located outside the municipal corporation, interests in corporations, partnerships, and limited liability companies, employment information, and indebtedness.

“All of the above information would still be reported and submitted to the local ethics commission, be available to the local board of elections, and to the courts; however, it would not be releasable to the public absent a finding by the ethics commission of a violation.”

I was elected to the Common Council of the City of Westminster in 1999 and served as Mayor from 2001 until 2005.  In these capacities, and particularly as Mayor, I expended numerous hours engaged in activities in furtherance of the interests of the City and its residents and businesses.

At all times during my elected service, I worked in non-City-related employment, as a businessman, farmer, artist, and free-lance journalist.

I currently find the requirements of the Model Ordinance to be unreasonably burdensome. Although, in my capacity as an elected official, I thoroughly understand that I have no reasonable expectation of privacy as to information that is relevant to my service as a municipal employee, the Model Ordinance presents an opportunity for an excessive arbitrary invasion of my personal privacy, unrelated to the purpose and intent of the State Public Ethics Law, because the required disclosures would include information neither relevant, material, nor reasonably calculated to lead to the disclosure of pertinent information related in any way to my public service.

I take pride and satisfaction in my past service for our citizens as an elected official in Westminster, notwithstanding the fact that my expenses as an elected official exceeded the compensation provided by the Charter of the City of Westminster

I am unaware of any conduct by a City elected official or by a candidate for City elective office during my tenure that presented either a conflict of interest or the appearance of conflict of interest that would have been identified and corrected by the Model Ordinance but that would have been missed by the City’s Proposed Ordinance.

In my view, the provisions of the Model Ordinance, if not modified and revised as set forth in the City’s Proposed Ordinance, impose a substantial hardship and an undue intrusion upon the personal privacy of persons who choose to run for and serve in public office in the City of Westminster, without accomplishing any significant benefit in terms of protecting the public that would justify the hardship or invasion of privacy.

Although I, along with current and former municipal officials throughout the state, understand that in order for municipal government, the government that is closest to the people, to be effective, it must be transparent and open, approachable and accessible.

Strong ethics ordinances are critical for local government to effective, vibrant and meaningful.

My family has been involved in municipal government for many-generations dating back to before the 1890s. It is my insight that adoption of the Model Ordinance is over-kill and as such would significantly reduce the availability of qualified individuals for public service and encourages currently- elected officials to decline to seek reelection.

I do not know the status of the current legislation in the Maryland General Assembly. I do know that the current law is so severe, punishing and draconian that many good folks who would make great local municipal officials have quietly opted-out of participating in local government as a result of the new law.

Many current officials have determined that it is punitive in nature but find themselves unwilling to publicly challenge it for fear of being subjected to political and media ridicule – so they have simply decided to quietly opt-out from serving.

It should be further noted that no one can serve in public office without the support of their family. Family members across the state have objected to disclosing aspects of their personal life that have nothing to do with the material conduct of municipal government.

The nature and breadth of issues that municipal government officials deal with are far narrower than those that state and even county officials address. It stands to reason that the nature and breadth of financial disclosure of municipal officials versus state officials should parallel those differences.

Just saying

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Baltimore Sun Carroll Eagle: 



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See also - Kevin Earl Dayhoff Art www.kevindayhoff.com: Travel, art, artists, authors, books, newspapers, media, writers and writing, journalists and journalism, reporters and reporting, music, culture, opera... Ad maiorem Dei gloriam inque hominum salutem. “Deadline U.S.A.” 1952. Ed Hutcheson: “That's the press, baby. The press! And there's nothing you can do about it. Nothing!” - See more at: http://kevindayhoffart.blogspot.com/#sthash.4HNLwtfd.dpuf
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Saturday, August 02, 2014

ProPublica By Paul Kiel | Washington Post: USA Discounters hooks some service members with credit before springing the debt trap

ProPublica By Paul Kiel |  Washington Post: USA Discounters hooks some service members with credit before springing the debt trap
By Paul Kiel | ProPublica July 25 
Army Spc. Angel Aguirre needed a washer and dryer.
Money was tight, and neither Aguirre, 21, nor his wife had much credit history as they settled into life at Fort Carson in Colorado in 2010.
That’s when he saw an ad for USA Discounters, guaranteeing loan approval for service members. In military newspapers and magazines, on the radio, and on TV, the Virginia-based company’s ads shout, “NO CREDIT? NEED CREDIT? NO PROBLEM!” The store was only a few miles from Fort Carson.
“We ended up getting a computer, a TV, a ring, and a washer and dryer,” Aguirre said. “The only thing I really wanted was a washer and dryer.”
Aguirre later learned that USA Discounters’ easy lending has a flip side. Should customers fall behind, the company transforms into an efficient collection operation. And this part of its business takes place not where customers bought their appliances, but in two local courthouses just a short drive from the company’s Virginia Beach headquarters.
From there, USA Discounters files lawsuits against service members based anywhere in the world, no matter how much inconvenience or expense they would incur to attend a Virginia court date. Since 2006, the company has filed more than 13,470 suits and almost always wins, records show.
“They’re basically ruthless,” said Army Staff Sgt. David Ray, who was sued in Virginia while based in Germany over purchases he made at a store in Georgia... Read more: http://www.washingtonpost.com/local/crime/usa-discounters-hooks-some-service-members-with-credit-before-springing-the-debt-trap/2014/07/25/4def7fcc-0dc4-11e4-b8e5-d0de80767fc2_story.html?wpisrc=nl_eve
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Friday, March 23, 2012

Catherine Rampell – New York Times: Making Sure Your Exit Music Is Loud and Clear – Greg Smith’s exit from Goldman Sachs

Catherine Rampell – New York Times: Making Sure Your Exit Music Is Loud and Clear – Greg Smith’s exit from Goldman Sachs


Over the years, Hollywood has offered many examples of employees who’ve made dramatic exits from jobs or situations. Clockwise from top left are Jennifer Aniston as a waitress in the 1999 film “Office Space”; Tom Cruise in “Jerry Maguire” (1996)”; Edward Norton in “Fight Club” (1999); and Anne Hathaway, shown with Meryl Streep, who was playing her imperious boss, in “The Devil Wears Prada” (2006).

Published: March 17, 2012

WE’VE all dreamed about it at one time or another — that exquisite moment when we finally muster the courage to tell the boss what we really think.

For Greg Smith, that moment arrived last Wednesday.

As the world now knows, Mr. Smith is the young man who made one of the most spectacular exits Wall Street has ever seen. He resigned from Goldman Sachs — but he didn’t stop there. He also wrote an Op-Ed article in The New York Times, in which he contended that the culture inside Goldman was “toxic.” The bank, he said, routinely took advantage of its clients. (Goldman vigorously disagreed.)

To some, Mr. Smith was a hero — not quite Norma Rae, granted, but close enough for post-bailout Wall Street. After all, he stood up to the mighty Goldman, the Street’s version of The Man.

Related



March 21, 2012



"Leadership used to be about ideas, setting an example and doing the right thing. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence." … http://www.huffingtonpost.com/wendell-potter/goldman-sachs-greg-smith_b_1362755.html?ref=politics&ir=Politics






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Thursday, March 22, 2012

When Vampire Squids Become Cannibals – by Kevin Dayhoff – The Tentacle March 21, 2012

March 21, 2012



In case you missed it, last Wednesday Greg Smith, a Goldman Sachs executive, resigned. Actually it was really no big deal, except while he was on his way out the door, he burned his bridges and then strafed the wounded.

Mr. Smith publicly nuked Goldman Sachs in a scathing op-ed article in The New York Times that left many holding their hands up high and shouting “Alleluia.”

Last Wednesday began the same as many of the most recent monotonous mid-week editions of the end of winter blues as our nation’s wounded business and financial community continues to snort and bellow while it tries to extricate itself from an economic tar pit and in the process, try not to pee all over itself anymore than it already has.

The European sovereign debt crisis continues to languish in the markets like a bad hangover and economic public policy, especially unchecked profligate U.S. sovereign spending and debt, continue as troublesome issues. And where there is a financial cesspool, one can count on Goldman Sachs merrily swimming with the rest of the bottom-feeders and leaches.

So, as one may imagine, a headline like “Why I Am Leaving Goldman Sachs,” caught my eye.

Goldman Sachs, the venerable ginormous, intergalactic investment banking, financial services and securities firm has arguably found itself in the caustic crosshairs of public scrutiny more in the past several years than at any other time in its storied history that goes back to 1869… http://www.thetentacle.com/ShowArticle.cfm?mydocid=4986

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"Leadership used to be about ideas, setting an example and doing the right thing. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence." … http://www.huffingtonpost.com/wendell-potter/goldman-sachs-greg-smith_b_1362755.html?ref=politics&ir=Politics






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Tuesday, March 20, 2012

Kristi Hedges – Huffington Post: Guess Who's The Next Greg Smith?

Kristi Hedges – Huffington Post: Guess Who's The Next Greg Smith?

3/19/2012


When I read Greg Smith’s blistering op-ed about Goldman Sachs in the New York Times last week, I was floored. My first thought was “How brave!” quickly followed by, “Is he crazy?” Publicly quitting your job with a resignation letter to the world stating that your former company is “ripping people off” with “morally bankrupt” leadership is not a good career move… http://www.forbes.com/sites/work-in-progress/2012/03/19/guess-whos-the-next-greg-smith/

[…]

Though Goldman attempted to undermine his credibility by calling him a “disgruntled, mid-level employee,” numerous accounts corroborate what Smith himself said: he was a star performer on a fast-track who felt compelled to call out an ethical breakdown in one of our vaulted institutions. One of Smith’s colleagues described him as having a “clear moral compass.”

I can’t speak to the accuracy of Smith’s account at Goldman, or why it took him 12 years to figure all this out. And frankly, that’s not why I’m writing about it.

At some point in our careers, many of us will find ourselves in a place where what we’re asked to do at work directly contradicts our own deeply held values. I’m not talking about the small indignities that come from having a boss on a power trip or a job you hate. But rather the piercing jabs at your conscience that make you wonder who you really are.

If you don’t know what I’m talking about, count yourself lucky… http://www.forbes.com/sites/work-in-progress/2012/03/19/guess-whos-the-next-greg-smith/

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Sunday, March 18, 2012

GOLDMAN SACHS' RESPONSE TO MARCH 14, 2012 NEW YORK TIMES OP-ED


GOLDMAN SACHS' RESPONSE TO MARCH 14, 2012 NEW YORK TIMES OP-ED

The following is the message Lloyd C. Blankfein and Gary D. Cohn sent March 14, 2012 to the people of Goldman Sachs.



By now, many of you have read the submission in today’s New York Times by a former employee of the firm. Needless to say, we were disappointed to read the assertions made by this individual that do not reflect our values, our culture and how the vast majority of people at Goldman Sachs think about the firm and the work it does on behalf of our clients.

In a company of our size, it is not shocking that some people could feel disgruntled. But that does not and should not represent our firm of more than 30,000 people. Everyone is entitled to his or her opinion. But, it is unfortunate that an individual opinion about Goldman Sachs is amplified in a newspaper and speaks louder than the regular, detailed and intensive feedback you have provided the firm and independent, public surveys of workplace environments.

While we expect you find the words you read today foreign from your own day-to-day experiences, we wanted to remind you what we, as a firm – individually and collectively – think about Goldman Sachs and our client-driven culture.
First, 85 percent of the firm responded to our recent People Survey, which provides the most detailed and comprehensive review to determine how our people feel about Goldman Sachs and the work they do… http://www.goldmansachs.com/media-relations/comments-and-responses/current/nyt-op-ed-response.html

UPDATE: ++++++++++


March 21, 2012



So, as one may imagine, a headline like “Why I Am Leaving Goldman Sachs,” caught my eye.

Goldman Sachs, the venerable ginormous, intergalactic investment banking, financial services and securities firm has arguably found itself in the caustic crosshairs of public scrutiny more in the past several years than at any other time in its storied history that goes back to 1869… http://www.thetentacle.com/ShowArticle.cfm?mydocid=4986

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"Leadership used to be about ideas, setting an example and doing the right thing. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence." … http://www.huffingtonpost.com/wendell-potter/goldman-sachs-greg-smith_b_1362755.html?ref=politics&ir=Politics






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Friday, March 16, 2012

New York Times Greg Smith: Why I Am Leaving Goldman Sachs

New York Times Greg Smith: Why I Am Leaving Goldman Sachs


OP-ED CONTRIBUTOR

Why I Am Leaving Goldman Sachs

By GREG SMITH

March 14, 2012

TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.



To put the problem in the simplest terms, the interests of the client continue to be sidelined in the way the firm operates and thinks about making money. Goldman Sachs is one of the world’s largest and most important investment banks and it is too integral to global finance to continue to act this way. The firm has veered so far from the place I joined right out of college that I can no longer in good conscience say that I identify with what it stands for… http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?_r=1&pagewanted=all&src=ISMR_AP_LO_MST_FB

Related




"Leadership used to be about ideas, setting an example and doing the right thing. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence." …http://www.huffingtonpost.com/wendell-potter/goldman-sachs-greg-smith_b_1362755.html?ref=politics&ir=Politics






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