Comments on: Welcome Home, Bernie: Madoff Enters Prison

Convicted Investor Arrives At N.C. Penitentiary Where He Will Serve 150-Year Sentence

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by SamThornton July 14, 2009 5:24 PM EDT
Hope he likes red beans and rice.
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by darthcheney345 July 14, 2009 5:40 PM EDT
Shoved up where?
by gramto8 July 14, 2009 5:17 PM EDT
It would probably be a bit difficult to put the ones who started SS in jail as most of them are dead. SS started in 1935, in case you weren't aware. This 'Ponzi Scheme' has kept millions of widows, elderly, and disabled persons from from being put on the street and literally starving. I do not understand your problem with it.
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by Mortarman29 July 14, 2009 3:08 PM EDT
Why is it Madoff goes to jail for his ponzi scheme, but all of those responsible for starting and continuing the Ponzi Scheme known as Social Security, are not in jail.

What they have done makes Madoff look like he stole a piece of candy from a store.
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by gramto8 July 14, 2009 5:17 PM EDT
It would probably be a bit difficult to put the ones who started SS in jail as most of them are dead. SS started in 1935, in case you weren't aware. This 'Ponzi Scheme' has kept millions of widows, elderly, and disabled persons from from being put on the street and literally starving. I do not understand your problem with it.
by darthcheney345 July 14, 2009 5:42 PM EDT
The only ones who will lose from Social Security are the last generation, who will pay in more than they ever get back in benefits.

That will be the generation that hasn't started getting their benefits yet today.

Oh. That's us, isn't it.

The past generations got far, far more out of Social Security than they ever put in.

Somebody has to pay for that.

Yup, that's a Ponzi scheme.

Thanks, FDR. BTW, he was a Democrat.
by fedup12 July 14, 2009 2:35 PM EDT
50 billion does not just dissappear. I bet some is just gone but I also think that some is hidden in offshore accounts, swiss accounts and other good hidey spots.

Bernies wife and kids will never hurt for money.

Unlike his victims...
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by darthcheney345 July 14, 2009 5:39 PM EDT
The 50 billion never really existed.

There was never more than 10 to 15 billion.

And most of that went to other account holders who made withdrawals.

Madoff and his cronies kept roughly 2 billion.

Who are his 10 co-conspirators?

If it was divided equally, that's less than 200 million per conspirator.

So now we know how the Clintons got their money....
by Lowie456 July 14, 2009 2:23 PM EDT
A northern boy coming to NC for some good ole southern hospitality. I'm thinking 150 years will reform him.
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by mijomar-2009 July 14, 2009 1:48 PM EDT
The painful and increasingly frustrating results of Madoff's crime will be felt daily by all of his victims, with NO partial relief from the horrible loss of destroyed dreams and retirement plans and all the best intentions of those hundreds of deceived investors. So to allow Madoff any privilages other then basic eating,bathing,sleeping,reading,minimal visitation and sufficient medical support when needed would be excessive. He should be in solatary confinement for at least the first two to three years..he is lucky enough to have been granted a medium security prison...even that is more then he deserves. Deterrant to crime via prison incarceration does not work unless its severity can be witnessed in some way by the general public so as to create the fear that provides the 'deterrent'. I suppose making public, some of the torturous reality of a potentially 'cruel' prison format would suffice to convey the experienced 'reality' of a diciplined prison format by the prisoner.

The object of any sentense should be to absolutely insure an inmate does not want to return to prison a second time... or ever put him/herself in a situation to potentially experience a return visit. In my view, some prisoners experience a life much better, on a daily basis, then the life they lived on the street. In most cases,Prison should be ugly, bordering on the 'unfair'...otherwise, where is the lesson? These days, even the death penality is not a deterrant...especially if its not enacted until several years after the initail crime.
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by darthcheney345 July 14, 2009 5:49 PM EDT
He should be in solatary confinement for at least the first two to three years..he is lucky enough to have been granted a medium security prison...
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He's getting more comfortable accomodations as his reward because he has fingered the real rats in our government who were his co-conspirators.

Wait until we see the list of the other 10 who are under investigation.

Then decide if Bernie deserves a reward.
by martin9p2 July 14, 2009 1:46 PM EDT
Rot in living hell Bernie.
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by stickdog3 July 14, 2009 1:25 PM EDT
Why didn't they stop and pickup Bush/Cheney? They'll join him soon enough.
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by darthcheney345 July 14, 2009 5:47 PM EDT
By the time they finish smoking out the rats from the Clinton admin and Bush admin who kept giving Madoff a free pass while they "investigated" him for the past ELEVEN years, that prison is going to be pretty crowded.

It will be like a modern-day Spandau prison.

How many of the inmates will be named Clinton?
by bwlewis1964 July 14, 2009 1:08 PM EDT
I'm sure bernie have some company very soon.
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by darthcheney345 July 14, 2009 5:45 PM EDT
I would be willing to let Bernie go free on the witness protection program if he fingers the big rats in our government who gave him a free pass for 20 years, through Democrat and Republican administrations alike.

Madoff is small potatoes. The big rats are the crooks who became the ones they were supposed to be protecting us from.
by July 14, 2009 12:46 PM EDT
i hope you live for the entire term your in there you p.o.s.. even though you won't i hope you die @ 105
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