iPhone app iPad app Android phone app Android tablet app More

Featuring fresh takes and real-time analysis from HuffPost's signature lineup of contributors
Jim Wallis

Jim Wallis

Posted: January 21, 2010 12:29 PM

Changing the Script with Jon Stewart

What's Your Reaction:

banner-Finding-Your-Way-in-the-New-Economy

100121-jim-wallis-jon-stewart
Last night I was on The Daily Show again with Jon Stewart to talk about my new book. It's always a fun show. I enjoyed the back and forth with Jon about values, economics, and the bad morality play of banks, bailouts, and now bonuses. I think Stewart is doing more than anybody else in the media to try and change the script. If Twitter comments are any indication of public sentiment, my suggestion that the bankers give their massive bonuses to Haiti resonated with lots of people. You can watch the interview and get a free download of the first chapter of my book, "Sunday School with Jon Stewart."

This a.m., I got up to do Morning Joe on MSNBC. The timing could not have been better, because today is the day that Goldman Sachs announces its record revenues and bonuses ($16.2 billion in compensation this year). My favorite moment was hearing the title of Goldman's new charity giving program: "Goldman Sachs Gives." I told Morning Joe how reassuring that is to me, and in response to a wry comment from commentator Mike Barnicle that they must be doing "God's work," I suggested that I was sure God really appreciated this public relations gesture on the part of the big banks. But then I said that these bonuses in the midst of such suffering in America were more than a scandal and a shame -- they are a sin of biblical proportions.

I reminded everyone on the show that the bonuses are merely a symptom of a deeper erosion of societal values and spoke of the new maxims that have overtaken us -- Greed is Good, It's All About Me, and I Want It Now. Those values wreak havoc on economies, cultures, families, and our very souls. In contrast I suggested that we need to rediscover some new/old spiritual virtues like: Enough is Enough, We're In This Together, and learn to employ the Native American ethic of considering the consequences of decisions today by their impact on the seventh generation out. That would change the "short-termism" that has come to dominate our economic decision-making. I also learned that some people think "class warfare" only breaks out when the people who are having a war waged on them (us) get mad at the people who started the fight in the first place (Wall Street). Interesting.

Now we head to Chicago for a forum tonight with the city's business and civic leaders.

Stay tuned.

Jim Wallis is the author of Rediscovering Values: On Wall Street, Main Street, and Your Street--A Moral Compass for the New Economy, Editor-in-Chief of Sojourners and blogs at www.godspolitics.com.

Click here to get e-mail updates from Jim Wallis

 
 
 

Follow Jim Wallis on Twitter: www.twitter.com/jimwallis

 
 
  • Comments
  • 82
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Favorites
Recency  | 
Popularity
Page: 1 2  Next ›  Last »  (2 total)
This user has chosen to opt out of the Badges program
photo
12:54 PM on 01/28/2010
We need more people to take an active role in getting informed and involved.

“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” - Plato
12:27 PM on 01/22/2010
Mr. Wallis - Wish we saw more of you on television...and heard more of you on the radio. As you're out promoting your book, I hope you'll get an opportunity to speak to some churches (and religious groups) too! Many who call themselves "christians" in our country are focused only on "sexual sins". They need to be reminded of the many other sins (greed, dishonesty, lack of love/compassion, etc.).
photo
HUFFPOST SUPER USER
Aranxa
Have fun storming the castle!
11:12 AM on 01/22/2010
The only time I've seen "trickle down" work is with this idea of "I've got mine". We are a culture of greed where even the have-nots have no compassion for others in the same boat. Look at the knee jerk tea baggers. They're not out their to raise all ships, just to get their own.
photo
HUFFPOST SUPER USER
DAE
11:09 AM on 01/22/2010
Why is it so difficult for people to accept the fact that monopoly capitalism, corporatism, oligarchy or whatever you want to call it is an inherently flawed and dysfunctional economic model. Sure it produces wealth but the distribution of that wealth is so skewered and the consequences of this disequilibrium so devastating for so many that we must replace it with a more rational, equalitarian system that provides basic human services such as education, housing and health care at low or minimal cost. We have the productive capacity and the means to deliver it, what we lack is an economic model that allows it to occur.
11:07 AM on 01/22/2010
Your comment about class warfare is correct. The class warfare party, the Republicans, have some how projected their crimes onto the victims. It's like blaming a woman who has been raped for being too sexy or like George Bush's henchmen challenging Kerry's service record. It's similar to the common perception that the media is "liberal". How do the Republicans sell this swill to the American people? By actually monopolizing the media and being masters of propaganda. I believe it was Mark Twain who said something like "A lie will travel halfway around the world before the truth has a chance to put its pants on".
10:59 AM on 01/22/2010
Give their massive bonuses to Haiti? How about using those bonuses for HOMELESS VETERANS??????
photo
HUFFPOST SUPER USER
insidious
Socialist Progressive Liberal Independent Feminist
05:16 PM on 01/22/2010
I think the bank compensation packages could help a lot of people, everywhere! I grew up homeless. I thought I had it pretty bad when compared to other kids. Then, I was given the opportunity to travel to Kenya with my grandmother and it opened my eyes and mind. Poverty in the US is nothing compared to poverty/exploitation in developing countries. I was lucky because I could fall back on a public education system that educated and fed me. My parents received food stamps and health care through the State/Feds. We had the Salvation Army and Catholic Charities for clothing, food, and shelter. I consider myself lucky...Veterans have public services too...I think Haiti would benefit the most, but again, those compensation packages are big enough for everyone!
photo
HUFFPOST SUPER USER
bar1ed
midnight toker!
08:38 AM on 01/28/2010
right on ! what about the Value of taking care of the people that stood on the front lines.
This user has chosen to opt out of the Badges program
photo
zlohcuc
"Serving millions from atop the Allegheny"
10:07 AM on 01/22/2010
"This is a capitalist Society by choice, and these are the consequences of a Capitalist Society."

I'm ready to believe you if you can tell me just who it was that "chose" this "capitalist Society " Certainly not the millions that are currently enslaved by it...
photo
HUFFPOST SUPER USER
irishinohio
recovering alcocatholic
09:35 AM on 01/22/2010
Let's not skirt around the real issue here by going on and on about morality and money.
This is a capitalist Society by choice, and these are the consequences of a Capitalist Society.

Bush/Cheney knew what he was doing when he loaded the Supreme Court with Conservatives.
We the People elected Bush once, the Court elected him the second time.
These are the consequences of Free and Fair elections in a two Party System.

Now, everybody moans and groans about how the money migrates to the top of the pyramid..
Bank Bailouts being a prime example of this.
(next time try giving everybody in the Country $50 000 to pay down their debt or mortgage...Oh the Banks wouldn't like that now would they?)


Redistributing wealth..ie Socialism, should be the new mantra of the Obama Admin'
Shout it loud and let everybody know they have a fair shot at a decent life.
photo
HUFFPOST SUPER USER
Dan Garfinkel
09:53 AM on 01/22/2010
It's not capitalism to bail out "too big to fail" businesses with public dollars. Letting them fail certainly would have wreaked economic havoc and caused great suffering now. But we'd have been better off seven generations from now.
photo
HUFFPOST SUPER USER
mickthebiologist
Field ecologist
08:56 AM on 01/22/2010
To desire to acquire more and more and more, is like hoarding. It comes from an internal, psychological feeling of having too little, or nothing at all.

What causes these feelings of want? It is the valuation syndrome, where prescribed values for every conceivable thing are determined, not by consensus, or even majority, but by some arbiter of assessment, usually in the hire of those who would profit from such valuations.

Physical and psychological manipulation of the stress factors that dominate almost all humans are most easily achieved by those lizard kings who are entirely sociopathic in behavior.

Who is granting the huge bonuses at GS and elsewhere? Only the mega-elite can do so. Those on the receiving end are the best of the best of the wannabe sycophants.

Fear of want controls everything, real or imaginary.
HUFFPOST SUPER USER
kitkatborn
09:35 AM on 01/22/2010
While I do not entirely agree with your premise, I do agree that it is a part of the psychology of today's problems. The funny thing is most of the tea partiers were born during or shortly thereafter the Great Depression and grew up with parents who sought to make up for the lack of material wealth they grew up with. This led to a generation or two that felt entitled to more.
08:54 AM on 01/22/2010
I am with you 100% We certainly have a values crisis. The people who feel (most of us) that bigger is better and having "stuff" is the sign of success know no better. They were drummed that mantra in hours and days growing up, watching the boob tube, listening to their parents and being fed the philosophy from all sides. Let's face it, shiny objects are seductive.

You lose me when you speak of "Biblical proportions" and "Native American seven generations out". These are nonsense descriptions with no foundation in the here and now. Stick to pragmatics and you'll make a better case.
photo
HUFFPOST COMMUNITY MODERATOR
PATina
Plus ça change, plus c'est la même chose
09:57 AM on 01/22/2010
The Native American philosophy he mentions basically states to look at how our actions today will affect future generations. What's not pragmatic about taking into consideration the future consequences or repercussions of our actions?
photo
HUFFPOST PUNDIT
Anne Johnson
Fairly Unbalanced
11:43 AM on 01/22/2010
Strange how the people that cry the loudest about not saddling future generations with debt are the ones least willing to do anything about it. They usually support the military industrial complex which is probably the biggest waste of money we have today. They are not willing to pay more in taxes to help reduce the defecit so that future generations won't be stuck paying the bills that we ran up. They care nothing for the environment by using up all the earth's limited resources so that there won't be anything left for future generations and yet they keep reproducing further using up resources and ensuring that we will have a future generation with, sadly, no future.
08:15 AM on 01/22/2010
Greed has always been the bottom line of american culture and it is so ingrained that it even permeates our religious beliefs. The same way that men in Afghanistan have taken the Koran and used it to support their domination of women our religious leaders have taken the bible and twist it to support their pro-wall street and anti-women agenda. Culture always dominates.
07:31 AM on 01/22/2010
We need a massive reset of what should be the compensation of business executives, lawyers, accountants, doctors, actors and other performers, other professionals as well including athletes.

We need to reset to standards of pay for such persons to more like that of Europe and Japan. In other countries, they use their tax laws on individuals, regulation on corporations and other polices as well as respect cultural beliefs to hold down compensation to more reasonable limits.

Perhaps too we need to end the glorification in the media of the rich, those that paid stupid money to play a game, or of being rich with money it itself.
07:23 AM on 01/22/2010
Surprise...America is a Darwinian nightmare ...or paradise..depending on where you are in the economy. Get ready for a long, slow decline. Downward mobility is nothing new in Europe (anbd has been going on in the US since the 1970's).
photo
HUFFPOST SUPER USER
terramartom
Grapes of Wrath!
07:22 AM on 01/22/2010
As an Atheist myself I always know that Jim, as a religious person speaks for the better side of Humanity.
The side of religion, that I think religion is suppose to be about. Helping the less fortunate, humbleness, sharing, tolerance.
As Jim clearly states today the Conservative base has hijacked the Christian religion and turned it upside down. Like he says, today Greed is good, intolerance, selfishness, hate and fear resonate very well with the FOX news crowd, justified with their sense of false religion, pro-ignorance, denial, and false patriotism in the name of money!
Keep up the good work Jim.
Heaven and Hell does not come after death, it is now. It is in your intent to do harm or to help others while you are living!

http://www.richmonk31.blogspot.com
This user has chosen to opt out of the Badges program
10:37 PM on 01/21/2010
I get a little frustrated by all the talk about Greed being the big problem.
It's actually deceit and duplicity in the form of stealing, fraudulence, and phony accounting all of which are criminal. You can't prosecute greed but we could send a lot of these crooks to jail if our gov't was not dishonest itself with it's lack of enforcement. Although they may go hand in hand, Dishonesty is a far greater culprit here than is Greed. I think we miss the point and let people off the hook when we emphasize the latter. It makes it sound like everybody just got carried away rather than engaging in calculated, controlled, deliberate, and premeditated acts of predatory fraud.
01:01 AM on 01/22/2010
Greed in itself is the problem. Greed makes people lie, cheat, steal, and ki. ll sometimes, so you see, philosophically speaking greed is a the right recipe for disaster. I think you are confusing success with greed because success is a fruit of hard work, a honest hard work, ingenuity, creative thinking and hard work. When a person get consumed with greed, all they see is dollar sign even if they have to get rid of their husbands or wives for insurance money but success demand persistence, patience and you guessed it, hard work.
This user has chosen to opt out of the Badges program
photo
Romeover
Civilization is for weaklings.
05:21 AM on 01/22/2010
You are confusing greed with ambition.
02:12 PM on 03/05/2010
No, he isn't. One can be ambitous without being an opportunist. It is possible to succeed without the destructive and illegal behavior mentioned in stevemarvin's post. Ambition itself is not a sin. Not everyone who leans to the left is opposed to ambition.