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What Penn State, Washington and Wall Street Have In Common

December 7, 2011

Watching the sex scandals at Penn State and now Syracuse Universities develop, one can’t help but wonder how people with such polluted values could be protected for so long to the detriment of so many. It’s a sad commentary on the state of American society, our legal process and institutions that hold a public trust. What we see playing out in the scandals at the colleges, in the halls of Congress where insider trading is apparently legal, or with Wall Street banks who game the system, is the work of a protected class of Americans. They are above the law or mold the law to suit their needs. They believe they are untouchable. More often than not, they’re right.

The crimes of a sex offender and a Congressman profiting from insider information clearly inflict different injuries on different victims and in different ways. They both however highlight how our institutions have created a ruling class that treats the law as a tool to be used for their benefit or an instrument of convenience.

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