StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

The Price Wristle-Blowers Pay for Secrets - Essay Example

Cite this document
Summary
Usually the person receives an award after disclosing such activities or some payment is demanded before he or she decides to…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
The Price Wristle-Blowers Pay for Secrets
Read Text Preview

Extract of sample "The Price Wristle-Blowers Pay for Secrets"

The Price Whistle-Blowers Pay for Secrets A whistle-blower is someone who informs the government or the authority of any illegal activities going on in any government or private organization. Usually the person receives an award after disclosing such activities or some payment is demanded before he or she decides to come clean and reveal any illegal actions happening in any department. The whistle-blower program works in such a fashion that the authorities offer a reward to the person in custody to disclose any secret violation of law being or having been committed.

If the person complies, he or she is rewarded with usually an ample amount of money. For example, according to the article “Whistle-Blower Awarded $104 Million by I.R.S”, written by David Kocieniewski, Bradley C. Birkenfeld, who used to be a banker at UBS, was caught helping a rich Californian developer to avoid paying income taxes in the US. After being arrested, he informed that he would disclose important information about the Swiss banking system which would help the US government retrieve lost taxes that amounted to billions of dollars.

Many wealthy Americans had used their Swiss banks to avoid paying income tax in their country. Now the valuable information provided by the banker allowed the US government to get back a large sum of unpaid taxes from the Swiss banks. In return for this, the banker was given an award of $104 million, the highest amount ever paid to a whistle-blower. This whole idea of a person benefiting from a crime he committed is pretty ironical. A person involved in activities such as tax fraud is arrested, and when he complies with the authorities’ demands and reveals some vital information, he is rewarded.

This means that, in effect, the person is actually being paid for the crime he has committed. The irony of the situation seems amusing. If a person accused of committing several crimes asks for freedom and some monetary reward in exchange for valuable information, he or she will get it. This will allow him or her to return to his previous life and no lesson will be learnt. Moreover, it has become a norm in the society that people demand some kind of reward before they can do something helpful.

Many people realize that giving out valuable information is a great and easy way to make money, so they demand a reward before revealing any secrets even if the secrets can actually benefit their own country. The fact that many people want to be paid before doing the right thing is alarming, as it shows that the society is well down the downward path. In today’s world, people have become so obsessed with their own problems and desires that they do not have the time to think about others. Performing civic duty and paying taxes regularly has become a pain even for the wealthy; they believe that their hard-earned money should be kept for themselves and they have no role to play in the society as responsible citizens.

Therefore, many people try to evade taxes and try to keep as much as they can for themselves. As far as the question about Barack Obama and Mitt Romney is concerned and particularly which one is more honest and moral, I cannot really go in one direction. Both of them have flaws and have made mistakes in their career. Romney has been revealed to have been involved in some corruption cases during his life as a businessman, while President Obama has not really delivered the promises he made when he was elected.

The unemployment rate is high, while the USA is at a continuous war with terrorism, which does not seem to be going anywhere. Everyday a drone attack happens in rural areas of Pakistan, which kills more innocent people than targeted terrorists. Therefore, both the candidates have flaws, but as far as being honest and sticking to the rules is concerned, President Obama seems to be ahead of Mitt Romney.Works CitedKocieniewski, David. “Whistle-Blower Awarded $104 Million by I.R.S”. The New York Times. 11 Sept. 2012. Web. 28 Sept. 2012. .

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Price Wristle-Blowers Pay for Secrets Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
The Price Wristle-Blowers Pay for Secrets Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/english/1603974-the-price-wristle-blowers-pay-for-secrets
(The Price Wristle-Blowers Pay for Secrets Essay Example | Topics and Well Written Essays - 500 Words)
The Price Wristle-Blowers Pay for Secrets Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/english/1603974-the-price-wristle-blowers-pay-for-secrets.
“The Price Wristle-Blowers Pay for Secrets Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/english/1603974-the-price-wristle-blowers-pay-for-secrets.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Price Wristle-Blowers Pay for Secrets

Tomoco Company and Its Marketing Manager Clive Smith

Organizations have trade secrets that must be kept from competitors, and any revelation of these secrets is a gross violation of contractual expectations.... The paper describes one of the main problems for Tomoko Company and its Marketing manager Clive Smith.... It is competition and development of the batteries for the Econocer....
10 Pages (2500 words) Research Paper

Summary of chapter 8 - business ethics

This brings them to two general ethical issues: the extent of their overall moral duty and the repercussions they have to face if they blow the… Moral issues in the workplace center on obligations to the firm, abuse of official position, bribes and kickbacks, obligations to third party, whistle blowing, and the question of self-interest. 1....
4 Pages (1000 words) Essay

Life of the Poor in the US according to Nicket And Dimed

This is against the normal law of economics whereby an increase in demand naturally leads to an increase in the price of the product or labor in this case.... Rationally reasoning, the employees are the ones to blame, in this case, an employer will only pay what an employee asks for.... It is uncommon to find people commit themselves working on a peanut pay....
6 Pages (1500 words) Essay

Film Project

Wigand has the option to say or not to say the secrets about the company as it might become a breach of contract with the corporation or a possible neglect of duty of ensuring the... Integrity becomes a pivotal matter as media portrays a crucial role upon exposing injustices amidst its capacity in maintaining the problematic situations in the status quo....
4 Pages (1000 words) Movie Review

Civil Disobedience - Thomas More, Antigone

There were no professionals in the field of legislature as well as schools to the same effect.... Kings passed out judgements and proclaimed some laws but such laws were just local hence not centralized and… In the eighth and ninth century, there was the development of a rudimentary official law of kings....
4 Pages (1000 words) Essay

Genuine Whistle-Blowing: Snowden

In the following paper “Genuine Whistle-Blowing: Snowden” the author presents arguments that prove Snowden had a genuine case of whistle-blowing especially based on the fact that the documents released had been found to contain accurate information.... hellip; The author states that it is his argument that Snowden had the right and obligation to blow the whistle based on the fact that private communication by innocent people both in the US and outside were being monitored by the NSA....
7 Pages (1750 words) Essay

Critique of Whistle-blowing

For instance, when an employee had earlier on signed the Official secrets Act, or when the misconduct became discoverable in an event whereby another person was seeking legal advice.... This essay “Critique of Whistle-blowing” provides information about whistleblowing, some of the critiques concerning the issue and application of act-utilitarianism ethical theory in whistleblowing....
6 Pages (1500 words) Coursework

Capstone Part 2

Telsa claims that its In attempting to achieve its goal, Telsa uses batteries and powertrains that are designed to reduce worldwide reliance on fuel powered transport and at the same time, reduce the price of electric vehicles.... The group of engineers were determined to demonstrate that electrically powered vehicles could become a success....
25 Pages (6250 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us