Moral Hazard: Finance Sector Banks Reputation Renewal on Indigenous Rights

You have to love the total absence of self-awareness from John Wylie the other day who sanctimoniously opined a column in The Australian stating:

Last month, 22 leaders in the ­finance sector issued a a joint call for Australians to embrace the call in the Uluru Statement from the Heart for indigenous recognition in the Constitution through a Voice to Parliament.”

Call me crazy, but after the Hayne Royal Commission I don’t think the finance sector (irrespective of these self-proclaimed leaders /roosters) is in a position to “issue” anything other than groveling apologies to customers and shareholders.

Seriously how oblivious are these people? Lesser narcissists would have thought twice about jumping on a moral soap box so shortly after having their industry ethics shredded in the witness box.

Do these people seriously believe Australians should take moral instruction from a grouping of just 22 industry mates and /or sycophants from the finance sector?

What planet are these people from?

I will address the substance of the Uluru Statement of the Heart in another post.

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12 Responses to Moral Hazard: Finance Sector Banks Reputation Renewal on Indigenous Rights

  1. Bad Samaritan

    What’s this constant refrain about scamsters being “not self-aware” or “oblivious” etc? That anyone can write such BS is amazing enough, but coming on “Australia’s leading libertarian, centre-right blog” it’s even more disappointing.

    Next time you read that the fraudsters who “fix” old ladies roofs for 5 times the going rate, then return for another slice of the action a year later, will it be lack of self-awareness which brought them back? Are Ab-blaster salesmen; super-sharp steak-knife spruikers; dating site conmen; Nigerian Princes (FFS) lacking it too?

    Geez guys, the money-men out to make a few billion more from the public, and the public purse, are f’ckin frauds. Once they get the scent of a mark they will return for endless bites. Have you not read of how frenzied sharks are driven even more frenzied when a few of their own are harpooned? FF f’ckin Sake!

    This article is very annoying.

  2. JohnJJJ

    They are hedging ethics. They all do it. Green, Feminist and Aboriginal issues are perfect. Requires nothing substantial and provides the mental miasma of good thought necessary to bed the devil.

  3. stackja

    Bad Samaritan
    #3047103, posted on June 20, 2019 at 4:44 am

    The world today is full of much BS.
    Australia was asked to vote for more BS even from someone named BS! And 48.47% voted for BS!
    BS seems forever!

  4. I have to agree with BS, these shysters are completely aware of what they are doing and play it for all it’s worth. These people don’t grovel, they double down on how they operate. Like those on the Left, they don’t care what they do, nor how wrong they may be, they simply move on when caught out. All their wrong doings are quickly forgotten.

  5. Ƶĩppʯ (ȊꞪꞨV)

    Uluru statement for the hip pocket more like it.

  6. Crossie

    Do these people seriously believe Australians should take moral instruction from a grouping of just 22 industry mates and /or sycophants from the finance sector?

    The 22 industry mates are exactly that, a closed group, a clique, who only socialise with each other and like minded people. Society at large is a foreign country to them.

    The 22 mates never hear a discouraging word, they don’t meet different thinkers in their own offices, in their own families, at ski lodges in Telluride or Aspen.

    This may always have been the case but in the past industry leaders were content or smart enough to mind their own business and that alone. As already pointed out, the current crop are not very smart as already otherwise they would not have run afoul of regulators.

  7. Rockdoctor

    Can’t see paywalled. Who are the 22 out of interest?

  8. Bruce of Newcastle

    Will there be a smoking ceremony before every board meeting?

  9. John A

    Bruce of Newcastle #3047349, posted on June 20, 2019 at 12:39 pm

    Will there be a smoking ceremony before every board meeting?

    Hopefully, it will be held out in the rain, in the designated smoking area.

  10. Gilas

    Statement from the Heart
    Translation: Racist, divisive power-grab intended to impose democratic apartheid and steal even more $$$ from taxpayers.

    Going gently
    Translation: Ruthless push to expand euthanasia (Physician-assisted-death) law into all other States/Territories following the Victoristan example.

    Safe Schools
    Translation: Marxist destruction of family structure through indoctrinating denial of biological sex aimed at primary school children.

    Gotta hand it to leftards, they really have a way with words!

  11. Buccaneer

    https://www.macrobusiness.com.au/2019/06/aussie-banks-run-by-psychos/ Apparently ALP policy will fix the banking sector, according to the comments anyway.

    Of course we’ve seen what happens when the government runs anything, the politicians just cover it all up. Just look at the health system, no one wants to rock the boat but it’s a long line of cock ups. https://www.9news.com.au/national/australia-news-surgeons-left-medical-instruments-in-23-hospital-patients-report/d174847d-e94e-48ef-bee4-b27229843caf

  12. Dr Fred Lenin

    Be done with all this semi indigenious crap,declare they are correct in saying this country was invaded it was .invaded and conquered by for of arms ,therefore native title doesnt exist so abot=riginaks are absorbed into the community as equal citizens with all others ,the rag flag shoukd be abolished with the poofter one ,we have one commonwaealth flag and each state has one of its own
    We have enogh crap to put up with from the chattering incompetents .

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