Hi Trelane,
With all due respect, Elvis wrote in his letter to President Nixon that he was concerned about today's youth, plus other concerns of the time (as we know).
In my opinion, we can only surmise, from observing Elvis as a man, from what he did do for others for years and years, (Giving to Charity, giving generous gifts to those less fortunate, holidays for his employees to help revitalize marriages, his love of his fans, people, animals....list goes on, we know all of this) that his intentions were honourable.
He did have good intentions! 
This was how Elvis was, thinking of others. Again, respectfully, what you say, would be going against his disposition.
The badge was nice, of course it was!
Have a great day, just my thoughts
Jess