Tuesday, December 16, 2008

A Friends And Family Bailout



Y'all just watch. They are going to *bailout* Bernard Madoff's investors victims...

They'll say that his $50 billion Ponzi scheme ripped off pensions, endowments, and charities.

You just watch the media spin on this one. Madoff's investors victims will be helped because they are the *right* people, if you know what I mean.

2 comments:

Anonymous said...

Can you explain to me the difference between this criminal and the criminals in the social security administration? Younger workers ((new investors) pay in and they use the proceeds to pay older workers (existing investors.
kfell

CaptiousNut said...

I think this crime is a *private affair*. It's between Madoff and his naive investors.

It'll be private until, of course, the government makes these investors whole.

If what you are saying is that Social Security is too a Ponzi....then I agree entirely.

Big Media is run by old people who expect to collect checks in the not-to-distant future. They won't even so much as mention the criminality, un-Constitutionality, or immorality of Social Security.

Young people have no voice....our parents and grandparents have sold us out. And Big Education has caponized the lot of us. Just look at all those dumb kids cheering for BHO.