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THE INCREDIBLY BRIEF STORY OF HOW WE GOT SCREWED - BY PAUL KRUGMAN
http://www.nytimes.com/2011/10/07/opinion/krugman-confronting-the-malefactors.html?ref=paulkrugman
In the first act, bankers took advantage of deregulation to run wild (and pay themselves princely sums), inflating huge bubbles through reckless lending. In the second act, the bubbles burst — but bankers were bailed out by taxpayers, with remarkably few strings attached, even as ordinary workers continued to suffer the consequences of the bankers’ sins. And, in the third act, bankers showed their gratitude by turning on the people who had saved them, throwing their support — and the wealth they still possessed thanks to the bailouts — behind politicians who promised to keep their taxes low and dismantle the mild regulations erected in the aftermath of the crisis.
Given this history, how can you not applaud the protesters for finally taking a stand?
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This WTF brought to you by, Izzazu, where bad Pittsburgh hair goes to dye.
www.Izzazu.com
Yo WTF'ers!
Investigative reporters are, by and large, an interesting lot. I've known the authors of the Penn State sex scandal book "Game Over" for years. Both Bill Moushey and Bob Dvorchak are veteran, excellent reporters. Dvorchak is somewhat of a legend, having broken the original "Legionaires Disease" story back in the day.
WIKIPEDIA:
http://en.wikipedia.org/wiki/Legionellosis
Legionnaires' disease acquired its name in July 1976 when an outbreak of pneumonia occurred among people attending a convention of the American Legion at the Bellevue-Stratford Hotel in Philadelphia.
Broke the story. Hell, he literally named the disease.
Now Moushey, Moushey is a classic.
Blessed with that deep raspy voice of someone who may have smoked too many cigarettes and downed too many shots of whiskey, or maybe Drano, he looks, sounds, and acts like an investigative reporter is supposed to. A gregarious nature does not always come with the territory, but is comes in spades with the hysterical Moush.
He's fearless, he's not afraid to ask you a question that you DO NOT want to answer, and he's never intimidated by all the various thugs, nitwits, and ne'er do wells who inevitably try to obstruct quality journalism, 'cause damn, the last thing the bad guys want is for the TRUTH to come out.
I sat down with Moush in the backyard of his lovely suburban home to talk about "Game Over," and how on earth this scandal developed, why it took so long to break, what in the hell all these people who knew something were thinking by staying silent, and whether Jerry Sandusky has a snowball's chance in H-E-DOUBLE-TOOTHPICKS of skating on this one.
Fat chance.
Or slim chance.
Take your pick.
Now... grab a cold one, or whatever it is you grab when you're about to watch a scintillating interview on the innertubes.
Heeeeeeeeeere's Moushey!
As Moush told us, the book has more than its share of detractors. Many are just those who worship Penn State as they do God.
And they include the surviving members of the Paterno family.
BALTIMORESUN.COM:
http://www.baltimoresun.com/sports/mc-paterno-book-20120418,0,1578455.story
Paterno Family Statement:
"The authors also admit that most people they contacted did not want to talk with them, and many of the ones who did talk insisted on not being identified. The price of their obsession with speed over accuracy is a book that distorts the truth and offers conclusions and theories for which the authors have no evidence."
Admittedly, you'd always rather have every source on the record.
Practically, in a scandal of this stature and scary nature, it's just not going to happen. So you have two choices: put your sources through rigorous tests to judge their credibility, and then go with it anonymously if there's no other way to do it.
Or, only go with on the record sources. And find out nothing.
I'm exaggerating, but it's not far from the truth.
And the truth is that the Paterno family, close to the situation though they may be, probably doesn't know all the facts either. And they did NOT conduct hundreds of interviews. We don't know to this day how much JoePa shared with his family about all of this.
The professional reputations of Dvorchak and Moushy are considerable.
I'm bankin' on the boys got it right.
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AND HE SHALL BE TRAYVON.
And he shall be a dead man.
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STANDUP COMEDY COMING!
FROTHY POLITICAL COMEDY ABOUT THAT WHAT'S-HIS-NAME GUY WHO DROPPED OUT
STAY TUNED FOR MORE DETAILS OF MAY FIFTH DANGEROUSLY LIVE CABARET THEATER SHOW BROUGHT TO YOU BY PITTSBURGH CULTURAL TRUST!
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