Comments on: The Man Who Figured Out Madoff's Scheme
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- I know it's a drop in the bucket but they should take away all that Madoff has and disperse the cash value evenly among all his victims. Then charge Madoff for his room, board and three square meals per diem as he rots away in jail.
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- "But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security" Declaration of Independence, 1776.
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- "But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security" Thomas Jefferson,1775
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- Is it too much of a reach to think this Fellow would make a SPLENDID, NO BRAINER choice for the is administration's cabinet over Ghetiner?
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- Prior information not acted on in the WTC event, invasion of Iraq for weapons that don't exist, collapse of the banking system when signs of poor lending practices were obvious and now this. All of it under the noses of the people who are sworn to protect the citizens of this country.
At the same time our sons and daughters are killed and maimed in an ill-conceived war,
our jobs have gone out of the country, our economy is collapsing and indiviuals have lost huge sums of money.
Something is terribly wrong. - Reply to this comment
- Markopolis states he contacted the SEC 5 times, all without positive results. I would like to know if the SEC is the sole government entity with culpability here. The FBI is the federal agency which has jurisdication over a variety of white collar criminal acts, several of which Madoff has now been charged with since he in essence, turned himself in. Did the SEC refer any of the Markopolis letters to the FBI for criminal investigation? Does the FBI have anything in its computer files, independent of Markopolis or the SEC, showing that it too was contacted by individuals who raised concerns about Madoff? If so, what did they do about it?
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- Estimates are that it will cost 50 Trillion dollars of money we don't have to pay for social security for the baby boomer generation. This is a Ponzi scheme that is orders of magnitude worse that what Madoff did and it involves every American citizen
Thank you FDR
Posted by gtg066w at 12:25 PM : Mar 2, 2009
Maybe you should give credit where credit is due. If we did not have presidents dipping into the social security fund and collected the same percentage of FICA regardless of income, the fund we probably be alright.
The important thing is Bushs plan for investing social security into Wall Street never became reality. - Reply to this comment
- It seems that in America only politicians can run ponzi schemes and get away with it. Look up what a Ponzi scheme is and you will find that it very accurately describes social security. The only difference between what Madoff did and what the federal government does everyday is that the people that invested with Madoff had a choice, I have never been able to choose to pay into social security. Estimates are that it will cost 50 Trillion dollars of money we don't have to pay for social security for the baby boomer generation. This is a Ponzi scheme that is orders of magnitude worse that what Madoff did and it involves every American citizen
Thank you FDR - Reply to this comment
- Asking the Media to investigate something big that might cause it to be sued or is contrary to the Owners Wishes as far as what is an appropriate topic or what's off-bounds is why many things are not challenged. The right answer is to put the facts out there and distribute them on the Internet and let the Public know and then see what happens.
This is the same thing that's going on right now with the Big War going on over whether there is ManMade Global Warming! Most of us who have looked into the issue know that there is no ManMade Global Warming. Now the Global Warming people are retreating and calling it Climate Change--more C--P. If the News media was really worth their "salt" they would be on top of all this activity rather than reporting it after the fact ! - Reply to this comment
- Yet another example of the greed and lust for personal gratification. And what do we do about it? NOTHING thats what.
America, the Contry of the people, for the people and by the people are acting like a humoungous heard of "sheeple"
Lee Iacocca had it right. "Where have all the leaders gone"
Why not indite the SEC , FEMA, and every other government agency that proports to be doing their job , but only if it suits their pocketbooks.
We had the cojones to impeach a President, did we not? So how can we NOT teach these lo life self deprecating people how to pay for their misgivings?
If we do not act, there will be another "Boston Tea Party" of sorts and woe be they who do not harken to the call for freedom, truth and the AMERICAN way.
"God Bless America" - Reply to this comment
