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OpEdNews Op Eds    H3'ed 3/9/15

McCloskey Wants to Change the Title and the Substance of Her Article on Corruption

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Message William K. Black, J.D., Ph.D.
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If McCloskey wants to write an article for NEP entitled "State of Thieves" explaining her views on the ethical desirability of bribing Ugandan officials as one tactic in a strategy designed to block their immoral attacks on their gay citizens (or those someone thinks is gay) we would be delighted. The effort of elite white-collar criminals such as the Texas frauds and Charles Keating and their political allies such as Speaker Wright to block our crackdown on the S&L frauds by leading an assault on gay regulators was one of the most effective tactics they employed. They, in league with Danny Wall, forced out of office the Nation's most prestigious financial supervisor, Joe Selby. Selby would be an excellent subject for a "sermon" on ethics. He rose through the ranks of the Office of the Comptroller of the Currency (OCC) to twice become its "Acting" head. As a professional supervisor he was, of course, ineligible to be the permanent head supervisor because that would be too logical. Edwin Gray, Wall's predecessor, personally recruited Selby for district (Texas and much of the Southwest) that was Nation's leading hotspot for the epidemics of "control fraud." Gray talked to many people who knew financial supervision well and asked them who the best financial supervisors in America were. He hired Selby and Mike Patriarca (also a good choice for a "sermon") and put them in the two states with the greatest deregulation and desupervision (prompted by the "regulatory race to the bottom") -- Texas and California. Those two states' S&Ls accounted for over 60% of total S&L losses.

NEP and I (sometimes in other blogs as well), have written many articles on LGBT issues. I have close loved ones who are gay, but we all hope that one needs no personal connection to continue one of the great developments in democracy -- the continued extension of the rule of law to protect those that were once denied that protection because they were defined as "the other."

I think that we have much common ground that we could develop and many different views worth debating. So, I will continue to write about McCloskey's support in her book review of procurement fraud and corruption and corrupt political parties while inviting her to publish a "do-over" article in NEP about corruption with the title she prefers and the Ugandan war on LGBT peoples that she now wishes that she had made her example of moral bribery. We encourage our authors to author the title of their articles.

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William K Black , J.D., Ph.D. is Associate Professor of Law and Economics at the University of Missouri-Kansas City. Bill Black has testified before the Senate Agricultural Committee on the regulation of financial derivatives and House (more...)
 
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