Ah, Springtime II

Spring always brings graduation days and related commencement speeches. In anticipation of numerous invitations to speak that have not materialized, due no doubt to economies imposed upon the US Postal Service, I have prepared remarks I will share with you, minus all the drivel about hard working graduates and long suffering parents.

You are graduating at one hell of a tough time and your century is going to be just as difficult as mine, or more so. Think about that for a minute. There are so many problems you need to solve immediately I am only going to touch on one because of my concern for your physical well being. That problem is simple fairness and justice, the stuff  that you supposedly learned about in grade school.

When people do bad things they must be identified and punished. If there is to be law and order in this land that we love there has to be accountability. Without that guarantee things go down hill fast. Fair and equal justice is a core value. If the core rots everyone is in terrible danger and in many cases justice delayed is justice denied. That's what is happening as I speak.

So tell me, esteemed graduates, should people who betray the trust of our nation by leading us into 2 wars (!) improperly and under false pretenses be punished at least minimally? Too tough a matter for this fine day? OK, let's consider something less complicated: should people and institutions who brought our banking system almost to its knees and caused a mortgage crisis of unprecedented severity (great pain to millions) be punished or rewarded?  How about the rating agencies, Moody's, Fitch and Standard & Poors? Want to throw in the SEC and the robo signers speeding foreclosures along the way?

Getting down to the bone, what kind of justice should be handed to the top CEOs at the too big to fail banks, Citi, Goldman, Morgan Stanley and JP Morgan Chase? Shouldn't we include for punishment also some of the directors of those companies who have been grossly neglient and careless? Why that's anti-business thinking, at best, and contrary to our free enterprise system in addition, you might say. I must be a commie for even thinking of such an assault on the democratic system. No way! I want it to continue better and stronger than ever and that can be achieved only by putting some accountability back into the mix. It has been missing for too long in this age wherein no one ever resigns and few are convicted. Remember Sherman in Tom Wolfe's Bonfire of the Vanities?He wondered if he'd be socially ostracized for his infidelity and other sins that had become public information only to discover that all was well and his friends merely shared his discomfort while he endured his 15 minutes in the spotlight.

Consider also now what to do with leaders who deliberately publish campaign information they know to be false, or totally twisted? The headline is front page news, the retraction, if there even is one, is on page 37, next to cat-up- a- tree stories. America's election commisssions and ethics committees are jokes and are simply augmenting the decay of our society.

Lastly, is it just or fair that a tiny portion of our nation's population ends up fighting our misbeguided wars? I know you're draft bait, but this question may be the clincher for whether or not you got what you came here for and whether or not you'll be able to do good stuff with it. Thanks for inviting me and accept my appologies for not delaying my departure to answer questions. Did I mention that  I was on the varsity track team?