Guest Post: Is There No Shame? | ZeroHedge

Re Penn State, one more post, because this says it even better.....puts the issue to rest.


Guest Post: Is There No Shame? | ZeroHedge

Personal rumination: In the days after the scandal broke, but before the heads rolled, it was confidently said by the media something to the effect, 'but the investigation does not involve Joe Paterno.' How could that be? I thought. The perpetrator had free range of the Penn State football facilities the entire decade after he resigned, and it was said he was working out there as recently as last week. How can Joe Pa "not be involved"? If I get rid of this guy for child molestation, i.e. forced "retirement", do I then invite him back --- to work out?

Didn't make sense to me. Appears I was just a couple days ahead of the grim reaper of consequences.

Conclusions:

1. Things are not what they seem, nor are they otherwise.
2. The media can get it wrong, sometimes way wrong, especially in the early stages of a crisis.
3. Calls to mind the phrase that was once made popular by another discredited figure: 'we don't know what we don't know.'
4. Next up: The relative complacency surrounding Greece, Italy, et al -- where will it finally lead? To a conclusion that no one (or precious few) in the media can foresee.....................?