The Looming Of A Miracle Worker Essay

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The Looming Shadow If life could be solved on “good” intentions alone then the government would be revered as a miracle worker, unfortunately in reality good intentions are often followed by those who would seek to profit from them Across American history this trait is a pattern that has repeated itself numerous of times, from the past century alone good intentions created the great depression and the savings and Loans collapse. Most recently the new good intention became low-income families, and from it blossomed a thorny rose of a new standard of business ethics. The intention of assisting low-income families started becoming more prevalent under Bill Clinton’s administration, and can traced to 1992 with the creation of the Office of Federal Housing Enterprise Oversight (OFHEO). In time, from administration to administration while people either looked away or got paid under the table the remaining ethics of every the American industry vanished, leaving in its wake a crisis which even today remains as a shadow on the minds of all Americans. A shadow greater than the one created by the explosion of the USS Maine in the harbor of Havana, or even the darkness on the day of Pearl Harbor. The reason the shadow remains is because of that very vanishing ethics, which had created it under the guise of good intentions starting with OFHEO. In 1992 the Federal Housing Enterprises Financial Safety and Soundness Act was passed, which was responsible for the creation of the OFHEO
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