The only incidents I can think of in the movie are all presented in a humorous vein (with the main characters, or ‘heroes,’ committing them), so it’s hard to take any of them seriously, or reflect on the “declining of America and tradtional values.” All the examples I can think of in the movie are pretty innocent....at least compared to today. But ones that come to mind are:
When Thunderbolt is using a church, as well as a naïve congregation, for his own purposes – mainly as a cover to protect his own hide.
Lightfoot conning the car salesman and driving off with the car.
The young couple making whoopee under their parent’s roof.
The schoolhouse being used as a money stash.
Cimino seems to be a pretty inscrutable individual, as far as his objectives, or points he's trying to make, i.e, the long debate we all had in the past about his underlying theme concerning Thunderbolt & Lightfoot. On the surface though, it's a good, light movie. If there's anything heavy or sublime he's trying to project to the audience - I think he fails....it's a message unto himself.