If I raised my hand and said, I want to hear myself talk, it would be viewed as a poor use of time. But if I raise my hand and just start speaking with the purpose of hearing myself talk, it’s viewed as somehow acceptable.
Several days ago, Defense Secretary Leon Panetta called for a review of military ethics training. Now I’m all about fidelity and commitment, I just don’t buy that the problem is a military one.
Executive infidelity is not as much as a problem, which presumes a solution, as it is an unsavory reality about top executives in all sectors. Let’s face it, with power comes opportunity and access. Ben Franklin, a notorious philanderer, once wrote, “Now I have a sheep and a cow, everyone bids me good morrow.” Franklin may have said it well and pursued some liberties himself, but he was surely not the first powerful man to enjoy the privileges of his office, and David Petraeus will not be the last.
Here’s a sample of this year’s sex scandals:
- Christopher Kubasik – CEO, Lockheed Martin
- Bobby Petrino – Head Football Coach, University of Arkansas
- Nicholas Martinelli – Teacher, Triton High School
- Abhishek Singhvi – Member, Indian Parliment
- John Travolta – Actor
- Scott DesJarlais - Representative, US Congress
And let’s not forget about some classics like Presidents John F. Kennedy, Thomas Jefferson, and William J. Clinton.
When you get down to it, infidelity is not a military problem. The military is largely full of well-meaning, family-oriented men and women who maintain solid spousal relationships, and don’t have any more indiscretions than their civilian counterparts. They do not need any extra training in addition to the ethics training that I suspect already far exceeds that of the private sector. Let them focus on the task at hand.
In the end, it just comes down to when men get power, they get more temptations and more access. And before any of you women take one step up the staircase of your ivory tower, let’s remember that without the requisite, complicit female, these would all be cases of masturbation. For those women who still feel righteous – Lisa Karabinus, Sheliah Cull, and Andrea Conners.
I’ll close with a question. If it takes an incredible amount of drive to achieve the professional heights of these scandalous executives, what fuels their drive and is it linked to their extracurriculars?
I’m a simple, homoscedastic model and I’m not afraid to say it. All I want is a nice primary dataset. I’m not into multicollinearity or getting multiple independent variables together for wild regressions that iterate all night long and leave me nothing but a mess of residuals to clean-up. Don’t get me wrong, I’m not looking for some tiny dataset with so much error it can’t even get a hat on its Y without extrapolating to back to other models about bikinis and swimming pools. Just because I’m not into heteroscedasticity, doesn’t mean I don’t need a nice Z-score. I’m just saying that a good data set isn’t all about size. So if you have nice t-stats and aren’t ashamed of your p-value, come on over and give me a big F. But don’t bother if your forecast doesn’t project well. I need the total package; and for that dataset, I’ll have you smoothed and deseasoned before you can get one standard deviation away from the mean. And then I’ll reseason you and do it all again.