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Economic fallout from harsh Penn State's punishment

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    Sanctions will impact area businesses

  • Duration 3:51
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This week the NCAA hit Penn state university with a set of harsh sanctions -- respond to the Jerry sandusky scandal the NCAA.

Argue that the penalties as opposed to suspending the book pro program with spare many who had nothing to do with the case.

Suspension of the football program would bring -- that significant unintended harm to many who had nothing to do with this case.

The sanctions we have crafted are more focused in and packed full than that blanket penalty.

But our next guest says the punishment will not hold school officials accountable and instead area business owners will suffer from the sanctions Bruce Fowler should know -- here.

The owner of two small restaurants near the university he joins us live Bruce the program lives the games go on.

How are -- going to be affected.

It's big time the the sanctions are going to be for a long time so we're gonna be affected for several years.

But let -- -- five years' probation they're still playing you've got sixty scholarships loss.

People are still -- -- -- to the games aren't that.

Well we're sure -- and it will this fall.

All the indications are that the alumni we'll show up for the the fall games.

So they show up a 100000 people they gonna come to your restaurants that people still -- campus is huge it's a gonna come.

-- you can concerned about a fall off.

All very much so -- it's not just the the football games that are.

Affected its.

All yearlong and it's how many students are going to be enrolled this year I -- you're gonna be enrolled next year there.

On television.

Continuously.

It's talking about Penn State and that's organ -- -- negative publicity.

-- do you think -- did you not believe the investigation would spare the conclusions -- we're true.

On nod I'm not saying that they were there false at all.

What happened was horrendous.

Anybody would -- create.

Due process is -- has not been divvied out and you'll -- has had two processes Jerry sandusky.

University -- the people that -- involved haven't had their day in court.

Right.

They have and these guys emails implicate goes and if there's a scandal at a bank and the bank goes out of business because of -- the -- But what the board did or didn't do with the CEO was.

Was a -- criminal.

Everyone loses their jobs even though they had nothing to do with the criminal activity essentially the same thing here only you're able to keep your job.

The businesses won't be as robust.

Yeah that's true the you know if Jerry sandusky had embezzled.

-- million dollars in there as a cover up.

It would still be a felony would it be the same punishment.

Or.

It I'm not trying to downplay what will happen there but.

The university control is what they're saying is.

The crux of why they're punishing -- today but we.

What are -- -- restaurants Bruce.

That -- -- restaurants that.

The business will be down.

Drastically on -- when he 25%.

This year.

Maybe more next year.

I've Bruce hanging in the air the other two restaurants 200 -- from Penn State thanks so much for joining us many of the people suffering because the scandal there thanks so much Bruce and thank you Brian.

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