The theory of moral hazard is that when a company financially fails due to its own ineptness, a bail out is morallyreprehensible because the action rewards a company for its own failures.
But in practice, it offers a simplistic and unworkable legal model that absurdly posits that the more irresponsible, illegal, and morallyreprehensible the actions of terrorists, the less a state is permitted to do in response.
Film critic Roger Ebert sparked a lively Web debate by declaring the movie morallyreprehensible for its level of violence, just the kind of publicity that makes people at least want to see what a film is all about.