The Wall Street Tattler

Gordon C. Stewart               March 15, 2012

How could he do this? Is Greg Smith a tattler? Or, perhaps, Judas?

How could one of Wall Street’s own go to the New York Times (“Why I am leaving Goldman Sachs”) to publicly denounce the company’s culture?  “He just took a howitzer and blew the entire firm away,” said Larry Doyle of Greenwich Investment Management.“ (“Wall Street Exec Quits with Public Broadside).

According to the LA Times article, Goldman Sachs’ CEO Lloyd Blankfein suggests that Mr. Smith – Golman’s executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa.- is a “disgruntled employee.” William Cohan, author of Money and Power: How Goldman Sachs Came to Rule the World, says that “there are lots of disgruntled people who leave Wall Street, and they don’t do this” (i.e. open their mouths.) “What I’m hearing (on Wall Street),” said Cohan, “is sour grapes. You just pigged out at the trough for 12 years and you don’t have enough sense to keep your mouth shut.” (underlining mine)

Keeping one’s mouth shut is the name of the game on Wall Street.

Conscience may have its place so long as you keep it to yourself. You can have a conscience on Wall Street, just don’t exercise it. You’re part of an elite gang. Whether on the Street corners of impoverished neighborhoods like Watts in LA and Bedford-Styvesant in NYC, or in the center of crony capitalism that is Wall Street, gang members don’t rat on other gang members. If you don’t like it, swallow hard and keep your mouth shut.

Goldman’s rebuttal to Mr. Smith’s statement -“It makes me ill how callously people talk about ripping off their clients,” referring to their own clients as Muppets – hardly has the ring of strong denial. “We disagree with the views expressed, which we don’t think reflect the way we run our business.”

Hmmm. “…don’t think…”? Why not “don’t”?

It’s a rare thing for a spokesperson for a corporation with the best legal counsel in the world to say anything than a flat-out denial. “We don’t think” sets up the issue as a matter of perception, not fact. It’s Goldman’s perceptions of itself versus Mr. Smith’s disgruntled perception.

Mr. Smith’s refusal to live by the Wall Street gang code of conduct will lead to a barrage of attacks on his character calculated to divert the public’s attention from an institution that eats people’s investments and life savings to the Judas who is without integrity.

Goldman understands that for most of us the world is personal, not institutional. We don’t like tattlers and turn-coats, disgruntled employees who never learned the lesson of kindergarten that you never tattle on your friends. You don’t go running home to tell momma. Part of the code of the playground is not to tell.

What’s even more unusual in this case is that Greg Smith dealt in derivatives. Remember them? Derivatives – a complicated form of financial market gambling so convoluted that even the people who manage them can’t explain how they work – were at the center of the Wall Street meltdown in 2008. They were legal then. They are legal now. Goldman Sachs and the rest of the Wall Street gang of crony capitalism are still calling the shots with the highest paid Washington lobbyists money can buy.

Greg Smith is a Wall Street Judas who betrayed his gang not with a kiss but with a howitzer.

How could he do this? Why didn’t the guy who ate at the pig trough for 12 years just kiss and say good-bye? Why did he make his money and then break the code?  Unless…unless…unlike so many of those who were taught not to tattle, Greg Smith couldn’t live with himself and decided not to run home to tell momma but to run to the New York Times. He’ll never again be allowed on the playground.

Silence and Cell Phones

This piece originally aired on “All Things Considered” (Minnesota Public Radio). Click here for an audio connection on the MPR site, or just read the piece.

Driving to work this morning, I suddenly started to pay attention to the drivers in my rear view mirror.  It all started when a large SUV nearly hit me from behind.  The driver was jabbering away on a cell phone.  I’m sure the conversation was important.  Why else would he jeopardize our safety?

For the next fifteen minutes on I35W I conducted my own scientific survey.  All of the drivers had cell phones glued to their ears.

Makes me wonder.  Are we that uncomfortable being alone?  Or do we think we’re so important that the rest of the world can’t get along without us?  Or perhaps we are afraid that the rest of the world WILL get along very well without us – so we need to keep reminding others that we exist because we’re not sure we really do unless someone else is filling the speechless void?  I wonder.

As concerned as we should be about the terrorism of distracted drivers on the highway, I’m more concerned about what our use of cell phones says about us as a people.  We are addicted to outside stimuli. Less and less comfortable with silence. Less and less attuned to wonder. More and more filled with chatter. More wordy – less thoughtful.

Sociologist Eugen Rosenstock-Huessey once observed – before the advent of the cell phone – that for many folks the drive to and from work was the only true “free zone” during their day.  It was time for solitude and reflection, a transitional pause to get your bearings, time to make the transition from home to work and from work to home. These were trips to be celebrated for what they were – opportunities to stand free from the herd – the herd mentality of religion, nationalism and ideology.  They were times to think.

Maybe I’m just getting older.  I am.  And that’s a good thing.  Because I’m getting tired of looking in my rear view mirror at someone with a cell phone stuck in his ear because he can’t stand the silence…or the sound of her own heartbeat.  Someday that beat will stop and there will only be the silence.  Maybe we ought to put down the phone and listen before there’s nothing to hear.

My Father’s Portrait

We’re all cut from our parents’ cloth. It falls to each of us to finish their unfinished business.

Following my mother’s death, it fell to the three sons and our spouses to clean out the apartment and arrange for distribution or disposal of the belongings.

My father had died two years earlier.

Don, Bob and I spent an afternoon alone in the apartment using a rotation method to divide the belongings.  By order of birth, we would each choose what we wanted. Round one: Gordon, Don, Bob; round two: Gordon, Don, Bob – I-2-3; 1-2-3 – until everything  any of us wanted was chosen.  The rest would go to auction or to Goodwill.

Among my parents’ personal art was an oil painting of my father. In my early years, I loved that painting.  Handsome man. Robed in his clergy robe, dignified, smiling, tender eyes, a man of stature, our Dad. The painting had been in the family for as long as I can remember and, as best I can recall, had hung in Dad’s pastor’s office at Marple Church when I was a teenager. Now it hung in the narrow hallway just inside the entrance to my parents’ apartment. It was the first thing a visitor saw – a reminder to all who entered that Dad had once been someone special, a man of the cloth.

One-two-three, we chose our favorite pieces.  We agreed that monetary value made no difference to our selection process. All that mattered the value each of us placed on an item.  The grandfather clock was clearly worth the most in dollars, but the clock had been purchased late in our parents’ marriage; it bore only the most recent memories, not the memories of home.  It could not compare with the knicknacks – one of our mother’s Hummel figurines, a Baltimore Oriole paper weight, my father’s dog tags from World War II, a dish, a lamp, a photo, or the original painting given by a parishioner that reminded me of Robert Frost’s “Stopping by the Woods on a Snowy Evening” – artifacts of precious times now gone except for memory.

But there was another painting, a portrait of Dad in his ministerial robe.

As we went around the room, the painting didn’t move. Nobody picked it. Finally, Don asked with a smile, “Who wants Dad’s painting?” Deferring to me, Bob chimed in. “You’re the oldest! You should have it. It’s okay with me. I don’t want it!” “Sure,” said Don, “I don’t want it. Go ahead, Gord, you should have it. You’re the oldest!”

We all looked at each other and began to laugh about the elephant that had been sitting for years in the living room.

I looked at the picture. There was Dad, clear as day, a keepsake that had meant so much to  our father and mother, and we didn’t want his picture?  “I don’t want it,” I said, and  started to say more but couldn’t get the words out. Grief had overcome me. I couldn’t speak. I shuddered with sobbing. My brothers watched and waited in silence. When finally I composed myself enough to complete the thought through the tears, the words came out slowly . . . in staggered gulps. “I hate that thing! I always wanted to rip that robe off him! He never took it off!  He was always the minister. I just wanted him to be his own naked self. I just wanted him to be Dad.”

Reflecting on it years later, that moment was one of many breakthrough moments of taking off my own robe. I hadn’t worn mine for five years and hadn’t missed it. I began to find my own naked self bereft of the robe while working for a poverty criminal defense law firm founded by African American civil rights activists and founders of the American Indian Movement. Unconditional love was not a creedal statement; it was a daily fact of life, the treasure of grace held by many kinds of vessels. “We hold this treasure in earthen vessels….”

I took the painting of Dad and took him with me on the long flight home to the Legal Rights Center.  When I got there, I put the painting in storage, as a reminder that the work isn’t finished for me or my offspring. Who knows, someday one of the great-grandchildren may bring Dad’s painting out of the closet.

Dew Drops on a Spider’s Web

This small spider’s web, tucked away in the corner of a flower box on our deck, was noticed by Kay and preserved with her camera.

When Kay showed me what she’d found with her camera, I was blown away.  Very grateful.  And very wonderfully small. Breathless.

Here’s what I wrote:

who are you, little i, sitting above the world so high? (e. e. cummins)

from the high perch home hammers and saws have made

on land leveled by bulldozers and gas-guzzling insect graders?

 

Then I see it…in the early morning sun:

 

the all-but-imperceptible home spun from inside a spider’s womb, wet with drops

strung like beads so small… so delicate… so light

they leave the spider’s home intact, a natural grace respecting  strength and weakness – a lightness of being that does not crush or break this hidden part –

this most amazing part – of the larger Web of Life we barely see.

 

 

“To the Sea” re-blog

Woke up this morning to this photograph by Portuguese photographer Paolo Flop, posted on PhotoBotos.com. PhotoBotos introduced the piece this way:

I keep wondering what this woman is doing here?  Why does she have a lantern in the water?  Paulo’s photography doesn’t answer a lot of questions, but it sure does inspire them.  We have a lot of people who visit our website mention that they get inspiration to write a poem, story, or paint a picture from the photographs we post.  I think this one has story written all over it.  Feel free to add your poem or link to your artwork in the comment section.

Let the photograph speak for itself. Contemplate it. Drink it in. What “story” does it write for you? Then share your comment here. You can also add your comment on PhotoBotos.com. My comment is posted on Photobotos.com.

A Higher Species of Life

If and when we find more highly developed life somewhere in the universes beyond our universe, might this be what we find? Click HERE to see a higher species.

Thanks to Photobotos for photo. Gotta love ’em, yes?  And we think we’re so smart.

“Get off my corner!”

Sen Joe McCarthy purging America of disbelieversGordon C. Stewart (copyright)

I’m sitting calmly in my office when the phone rings. It’s a parishioner who lives near the downtown post office. “I don’t know what’s happening,” she says, “but there’s some kind of ruckus on the corner. There’s some kind of booth on the corner.”

I drive to the Post Office. I park the car half a block away and see a large booth on the street corner. The woman handing out literature is yelling at a man who’s crossing the street, and he’s yelling back. I can’t hear what they’re saying until I draw closer.  A man crossing the street to get away from the booth is shouting over his shoulder. “You’re not only anti-Semitic! You’re anti-American!”

The booth features an eight-foot tall photograph of the President of the United States. But this is no ordinary photograph. There’s a mustache imposed on President Obama’s picture, the mustache of Adolf Hitler and a call for his impeachment, “Du mp Obama!”

I approach the booth.  “Just another Jew,” says the woman.

“What’s happening?” I ask.

She slides a flyer toward me across the counter. “Read it,” she says. I put my finger on the mustache. “You don’t want to hear what we have to say. You’re a spy!” she says as she steps backward, tilts her head in the air, and bellows out “O beautiful for spacious skies, For amber waves of grain, For purple mountain majesty, Above the fruited plain. America!  America! God shed His grace on thee….” But before she sings the last line of the stanza – “and crown thy good with brotherhood… – she stops and orders me off her corner. “Get off my corner!”

She is carrying the message of Lyndon LaRouche, a perpetual candidate for President whose only consistency over a long checkered history of ideological swings on the political spectrum is the red-hot lava of righteous rage.

The behavior of the woman at the Post Office, like that of the Florida pastor whose threat to burn Qur’ans nearly set the world on fire several years ago, is bizarre. But the rage she expresses is not unique to her. Because it is so outrageous, it shines a light into the darkness of the widespread incivility of our time, an incivility that erupts from a core conviction hidden below the surface of our consciousness.

We’re street brawling over what kind of America we will be, and “Can’t we all just get along”- the plea of Rodney King as he witnessed the Los Angeles riots following the “innocent” verdict  exonerating the police officers whose beatings of him had been aired repeatedly on national television– is long forgotten. We’re dividing ourselves into true believers and heretics, patriots and traitors, suspicious of each other all the way to the White House.

This is not new. This volcano of anger erupted in the trial of Anne Hutchinson (1637), banished by the court of the Massachusetts Bay Colony as “a woman not fit for our society” who, when banished, went on to co-found the State of Rhode Island. It erupted in the execution of Mary Dyer, a Quaker hanged for heresy in 1670, and in the Salem Witch Trials. The horrors of powerful religious dogmatism led the Founders of the new American republic to write into the constitution that there would be no established religion. The American republic would a secular republic with freedom of religious expression. It would not be a theocracy.

As the new nation was being conceived, demagoguery often replaced politics, i.e. the art of compromise, as it often does now.  One does not compromise with the enemy. One eliminates him.   Rodney King’s plea is regarded as the way of the ill-informed, cowards, heretics, and Anti-Americans.

The lava of anger originates from a hidden, unexamined conviction that the United States is the chosen people, the messianic people whose job is to eliminate evil within and without in the war of good against evil. It is an idea born of the rape of the Judeo-Christian tradition by nationalism which installs America as the exception to history, the nation divinely ordained to banish Anne Hutchinson in 1637, hang Mary Dyer in 1670, and destroy the reputations of decent people as un-American in Senator Joseph McCarthy’s purge of secret communists in the early 1950s. It’s the belief that America is the exception…and that the real America is only some of us, the righteous believers.

In the unspoken consciousness of our collective memory, “You are the light of the world” becomes the declaration of fact spoken about America, not an itinerant preacher’s call to a small band of first-century disciples to persist in the hard politics of love and peace in a time of hate and violence. The ensuing lines from the primary text, The Sermon on the Mount – “You have heard that it was said, ‘You must love your neighbor as yourself,’ but I say to you, love your enemy and do good to those who persecute you” – are forgotten, ignored, torn out, blacked out or burned on the altar of messianic nationalism.

Even more ironic is that those who attack others, including a sitting president, as un-American – i.e. heretics  who do not bow to the idea of America as the collective messiah  of history– scream against government and taxes as enemies, socialist intrusions on their individual freedom to hoard what is theirs.  The biblical city is no longer a community of sharing of the wealth and care for the least; it becomes a sandbox of greed and competition where the highest value is my freedom to get and keep what is mine.

The irony is that in the minds and hearts of those who have been raped, “America the beautiful…God shed his grace on thee…” is not a statement of aspiration but of fact.  And the prayer “God mend thine every flaw” –  the flaws of selfishness and greed, our meanness to each other, our name calling and stereotyping, our entrenched partisanship, our collective global nationalist arrogance – become a distant memory of a censored sentiment. In times like these when ugliness replaces beauty, America
the Beautiful is, as it always has been, a courageous aspiration and prayer for sanity and the ancient wisdom of the Letter of James that calls us all to engage each other and the world of nations differently: “The fruit of righteousness is sown in peace by those who make peace.”

Gordon C. Stewart's avatarViews from the Edge

The Ongoing Saga of Cain and Abel

Gordon C. Stewart | published by MinnPost.com

Religion and politics: oil and water? The problem is that each stakes a claim for the same turf. They both answer the question of how we live together. The fact that religious creeds and political creeds stake claims to leads some of us to separate them, not only as they are separated by the U.S. Constitution, but by carving out different spaces on the same turf: one private/personal sphere (religion), the other public/social sphere (politics). Religion says to politics: Keep your hands off my private beliefs! Politics says to religion: Keep your hands off public policy!

With the exception of adherents of the extreme right or left in religion or politics, most of us have had enough of religious or political fundamentalism. We’re tired of explosive tirades and single-issue politics whose test-tube is organized religion. We’re equally tired…

View original post 1,014 more words

What do YOU think?

Sit and reflect awhile

Amish Rocking chair

This post requests YOUR views on a hot topic.

“The GOOD Society: Religion and Politics” drew a crowd last night in Chaska.  The panel was a Quaker, a Christian, and a Baha’i. Those who came were Jewish, Protestant, Catholic, Unitarian-Universalist, Lutheran, Disciples of Christ, agnostic, atheist searching together. Add your voice to the discussion.

QUESTIONS FOR YOUR COMMENT:

What is your vision of the GOOD society, the kind of world you believe in?  Here are several answers from last night to whet your appetite.

The kingdom of God realized (Jesus’ prayer, “Thy kingdom come on earth…as it is in heaven”).

What would that look like? What would be different if it was realized?

What are the qualities of that society? A ‘kingdom’ is a society.

The kin-dom of God, the idea of the kingdom without the ‘g’ – the society of universal kinship. “There is only nation: the human family.”

Agree or disagree and why?

The Unites States is a secular republic, not a religious republic. The founders were clear that America was not to be a theocracy. The “wall of separation” between church and state guarantees the free expression of religion.  It also protects the state (government) against any one religion being on the throne, as in Iran, and as had once been the case in the Massachusetts Bay Colony.

What is the role of religion in the shaping of public life and in politics? By “politics” we do not mean “dirty politics” or “partisan politics’; we mean politics as the work of the polis (the people) in determining the values and laws that hold a religiously free society together. For example:

The Minnesota referendum on Marriage illustrates the problem.

What is “marriage”? Who defines it? Is it a religious concept or a civil concept?

Should a constitution be amended to define marriage?

Should the “wall of separation” leave the definition of and celebration of                  “marriage” (however defined) to the church, synagogue, mosque, etc., and instead provide for “civil unions” (legal contracts between two people irrespective of gender)?

All of us have religious/humanist and political traditions that informs us. One of those for me is the “Principles of Church Order” adopted in 1789 at the founding of the Presbyterian Church in the United States meeting in Philadelphia.  The Rev. John Witherspoon, one of the  signers of the Declaration of Independence and President of Princeton University, was also a key player in the Principles of Church Order intended to guide the church’s internal life and its relation to “the civil power”. Three of the eight principles, it seems to me, inform the current discussion.

On Church and State:

“God alone is Lord of the conscience…. Therefore we consider the rights of private judgment, in all matters that respect religion, as universal and unalienable. We do not even wish to see any religious constitution aided by the civil power, further than may be necessary for protection and security, and at the same time, be equal and common to all others.

In short, we live in a secular democratic republic in which “the civil power” does not aid any religion, but protects the free exercise of all religions equally, without privileging one over another.

On the shared search for truth and goodness: That truth is in order to goodness; and the great touchstone of truth, its tendency to promote holiness, according to our Savior’s rule, ‘By their fruits ye shall know them.’ And that no opinion can either be more pernicious or more absurd than that which brings truth and falsehood upon a level, and represents it of no consequence what a person’s opinions are.  On the contrary, we are persuaded that there is an inseparable connection between faith and practice, truth and duty.  Otherwise, it would be of no consequence either to discover truth or to embrace it.

In short: ideas do matter. The search for what I’m calling “the good society” is based on a shared commitment to the search for truth, not just opinion. Some degree of objectivity or what philosopher Gabriel Marcell called “inter-subjectivity”, not just my own subjectivity. My opinion might be that the moon is made of green cheese or that Earth, not the sun, is the center of our solar system. Ideas and opinions have social consequences.  And in all things, the truth exists for the sake of “goodness” – human and environmental wellbeing.

On the exercise of mutual forbearance: That, while under the conviction of the above principle we think it necessary to make effective provision that all who are admitted as teachers be sound in the faith, we also believe that there are truths and forms with respect to which people of good character and principles may differ.  And in all these we think it the duty both of private Christians and societies to exercise mutual forbearance toward each other.

In summary:  In a secular democratic republic, 1) no religion gets to “capture the flag” of the United States of America.  We honor individual conscience as the corrective light that reforms the prevailing ideas of truth and goodness. 2) We seek truth rather than sinking into the swamp of “I’m sorry, that’s the way I feel, and it’s none of your business, and yours is none of mine.” The acceptance of pluralism is not surrender to the swamp of anarchy or the refusal to look at the evidence of science or to engage in the common search for solutions to social problems.  3) Where we differ and disagree, however intensely, we will exercise mutual respect and patience while we work it out together.

Enough for this morning.  Chime in. Let others know what you’re thinking.

Thanks for visiting.

Jonathan and “the Good Society”

Each of us has in idea of the way the world should be. You might call it “the good society,” the one we would create, if we could.

The idea of the Jonathan Association comes close to mine. I moved into the Jonathan Association, America’s first “New Town”- the dream of Henry McKnight, last spring without knowing much about it, except for the reputation it had received because of a raucous Annual Meeting four years.  Back then and again this year (read the Chaska Herald story), those who wish to withdraw from Jonathan have almost succeeded in destroying the Association by maneuvering to dismiss the entire all-volunteer Board. What happened at this year’s annual meeting reminds me how ugliness and beauty are in the eye of the beholder. To the detractors, Jonathan is ugly. To me, it’s beautiful.

The world I chose to live in exceeds my expectations and makes me scratch my head over the attempts to do it in. Like all other homeowners within Jonathan, I pay an annual fee. Others resent the Association dues. They don’t see the return.

What do I get for it? And what would I lose if the Jonathan Assocation suddenly vanished?

I get a neighborhood with 10 miles of well-kept, snow-cleared walking trails, large open spaces (“common” spaces) like the field adjacent to the sledding hill and “Purple Martin Heaven “ (76 Purple Martin houses) to which 100+ Purple Martins return each spring to swoop and dive across the open space. There’s Lake Grace and McKnight Lake, the streams, and the beautiful well-kept woods of giant willow trees, maples, oaks, flowering crab and cherry trees…and doggie bags for my morning and evening walks with Maggie and Sebastian.

I get the legacy of Jonathan founder Henry McKnight’s vision. McKnight believed that “the major opportunity with a New Town, such as Jonathan, is to plan the community for minimum negative impact on the environment, while making sure that the people who live there will enjoy that quality of life that makes living worthwhile.” Jonathan was to be an experimental, utopian community (eventually growing its population to 50,000) that would co-exist in perfect harmony with surrounding nature – an outcome different from the suburban sprawl that he found so disorderly and unpleasant. “We must utilize the land with full regard for the quality of the environment people seek,” McKnight said. “Planning a New Town like Jonathan offers us the opportunities to preserve the natural environment, conserve our remaining resources, and even improve the countryside.”

But I love Jonathan for more than its natural beauty. More than its commitment to conservation and good stewardship of the land. Jonathan is more than itself, a dream of a a society worthy of our highest aspirations. It’s a dream of a real community of belonging. Wealthy one-percenters, low-income, and middle class – private homes and affordable housing, rich and poor and middle class TOGETHER, not separated by freeways or gatekeepers. White, black, yellow, red and brown living side by side because that’s the way the world should be. Christians, Jews, Muslims, agnostics, atheists, Baha’i’s ,secular humanists Republicans, Democrats, Socialists, Independents, and Tea Partiers living in together respectfully. It’s a place for people who want neighbors and who want be a neighbor. What a concept. In Jonathan I deal with the world, not escape it, and it’s a microcosm of what I wish for the world itself.

Is it perfect? Not by a long shot. But maybe that’s its beauty. It’s a collection of imperfect folks doing the best we can to answer Rodney King’s protest against a world divided against itself, “Can’t we all just get along?” Yes, we can. If we try. If we choose to do so. If we work at it.

Jonathan began as Mr. McKnight’s personal vision.  He died unexpectedly at the age of 59 before he could realize the dream. Now it is up to us who have inherited his vision to continue it, embrace it, and strengthen it as our own.

The Jonathan I now know by experience bears no resemblance to the loud noise a few of the neighbors who think they’re getting nothing for their modest annual assessment, or that they should get something for nothing, or that Mr. McKnight’s vision was wrong, and that we should have no trails, no parks, no shared common spaces, no Purple Martin Heavens, no snow-cleared walking trails, or cared-for common areas. Maybe just a jungle of selfishness would feel better. But my dogs know better. They’re so glad my neighbors and I pay to make their walks a thing of beauty and joy.  Sometimes our pets know better than we to give thanks for what we too easily take for granted.