Month: August 2012

You are more important than you think

Ara2 Comments

“How can I help you?”
“I was calling to close my Citi accounts.”
“I’m sorry to hear that. And why are you wanting to close your account?”
“Well, after I’ve been reading about the part that Citi played in buying and selling mortgage bond derivatives, going into huge debt, which caused the market to collapse, I feel that I can’t do business with them.”
“Uh. Ok. So you’re closing your bank account because of the mortgage bond derivatives or whatever?”
“Yes.”
“Ok.”
Silence.
“You know, back in 2008 the market crashed-”
“Oh, I know. I’ve been an account specialist for 10 years.”
“Ok”
“So you’re closing your Citi account? Are you not having a bank account anymore…?”
“I’m closing all my Wall St bank accounts. And keeping my accounts with my local bank.”
“Ok. Well, I can’t turn back the clock, unfortunately. It looks like you had a lot of activity on your accounts.”
“Yes.”
“So 4 years later you’re closing your account..”
“Yes, I would’ve done it sooner, but I didn’t know things would turn out like they did.”
“Well, I can’t speak to the actions of the bank, but restitution has been made and we’ve moved ahead.”
“I don’t think it has. The US market collapsed, and, you know, there’s blame to go around, but I think the banks need to face the consequence of their actions.”

The best part about living in a free society is that if someone does wrong, we don’t have to work for them if we don’t want to. We can quit. Or if there is someone who works for us and they do wrong? We can fire them if the government won’t do it.

The government, of course, encouraged the banks to give out mortgages by providing them the money, which led to homes being overvalued, and people getting homes who wouldn’t have been given mortgages before, but then defaulting on their payments.

But the bankers made the bad loans, and the Wall St banks deceptively packaged the bad loans with the good and sold them with good ratings, so it feels right that I fired all the Wall Street bankers that were working for me. Given, I’m still part of the system. And my money is still coming from a corporation, since I work for one. But it’s not coming from the most carelessly powerful corporations of all. The ones that the government is allowing to exist in the same too-big-to-fail capacity that they were in before the crash of 2008. Apparently, these banks should be called too-big-to-control.

But I controlled my business with them. And if we all do that, and make it known we will not stand for such clear carelessness and deceit, and we will not have our bank accounts, 401k’s, or credit cards with them, then I think the banks will be controlled. And they will be controlled in the best way possible:

By the customers who they have wronged and who must pay for their bailout.

And that’s you and me.

If we criticize Chick-fil-A, should we criticize ourselves?

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The three of us got to the bar and ordered some beers. Proper beers, mind you, because we are men of taste, or at least openminded. The sun was setting, the temperatures dropping, so we found a table outside on the patio. It was here where I demonstrated how seeing the big picture is just as important as having a set of ideals.

We got our food. I abstained from ordering meat, explaining my moral and environmental values. We talked and ate. The sun set. We talked and ate some more. Soon, we settled our tab, and stood up to leave. Sage asked Nate, “Aren’t you going to eat those?” motioning to the couple chicken wings he had left. Nate said, “No, you want them?” Sage shook his head, so I grabbed one and started to eat.

“Now this makes me think different about you being a vegetarian,” Sage said.

“Well, I never said I was a vegetarian.” I replied. “They’re going to throw it away.” I finished and grabbed the remaining wing. “It’s wasteful. The animals died needlessly if this goes to the trash.”

Our ideals must be in context

I thought about this when I heard about the protests against the management of Chick-fil-A for giving money to anti-gay groups. Many people, gay and straight, recognize the management’s actions as trying to prevent the freedom of gay people. But do they understand that the principle should be applied in context?

If we value liberty, we must value liberty wherever it is threatened. Is what Chick-fil-A is doing worse than what the Chinese government is doing, not allowing their people to vote? Should we be taking a stand and boycotting Chinese goods before worrying about boycotting Chick-fil-A?

Both groups are acting in disrespect. But they are different.

These two situations are different in how the motivations are acted on: China has accomplished their goal of taking people’s right to self-determination and liberty, and Chick-fil-A is trying to limit sexual freedom. If we choose to be actors in this life, we must decide, is it wrong, and if so, what do we do about it?

Life is more than ideals. It’s about the application of those ideals.

The difference between China and Chick-fil-A is important. Just as when I chose to eat meat that evening, it wasn’t because I stopped valuing animals, but because I saw their waste to be worse than not eating them.

Here in the US, most of us do not live in desperation. We have first world decisions that most of the world does not. Do we have the morals and courage of our convictions to change our lifestyles, even a little, in response to the disrespect from both Chick-fil-A and the Chinese government?

I say we do.