Posted on 12/14/2008 2:28:59 PM PST by CutePuppy
BINGO!!!!! LOL
Not to worry. The Anointed One will put gas in your car and pay your mortgage. On top of that, he's going to create 2 million construction jobs to rebuild our infrastructure, so all you need is a hard hat and steel toed boots and you've got a job.
Successful people, people who knew how to read financial statements, people who knew better were taken in by the hundreds. Madoff is one helluva salesman.
Thanks. Can capture even more with searching by keywords, because some articles don’t include Madoff in the title:
http://www.freerepublic.com/tag/madoff/index?tab=articles
http://www.freerepublic.com/tag/bernardmadoff/index?tab=articles
No. Social Security is not a Ponzi scheme or pyramid scheme... it's a Pay-as-you-go scheme, and it's legal because it's run by government.
You are kidding aren’t you?
Ahhh yes, gotta keep the street riff raff with only $100,000 to invest out of there... Speaking for stree riff-raff everywhere - thank you, thank you.
If so, that’s good.
That being said, I feel sorry for anyone investing in good faith then getting screwed.
But in the case of the Dems who are all about “tax the rich” and “pay your fair share”, in this case they are unintentionally getting their wish.
MSM continues not to be able to get very simple facts strait.
This is nowhere near as big a Ponzi scheme as social security.
“Not that its relevant, but I wonder how many Obama supporters were caught up in this? I suspect quite a few based on the description of the investors.”
It’s more relevant than you might suspect. Freeper Liz has good ideas on this thread - “$50 billion at stake after Wall St broker Bernard Madoff is arrested over worlds biggest swindle” - http://www.freerepublic.com/focus/news/2148101/posts , including potential for tax evasion and the potential campaign finance fraud.
http://www.freerepublic.com/focus/news/2148101/posts?page=122#122
http://www.freerepublic.com/focus/news/2148101/posts?page=126#126
http://www.freerepublic.com/focus/news/2148101/posts?page=130#130
My thought also, they can mimic the auto CEO’S, fly to Washington in their private jets, remind the elected thieves now mich money they gave to them, and put their hands out for tax payer money so that they can continue to live the excessive life style that are used to living.
I usually omit /s or /sarc when in fear of overstating the obvious.
This guy stole $50 billion and Fox News - the putatively Republican network - spent all night drilling down in the story of that missing girl in Florida. People, if we’re ever going to have an economy again, we need some perspective.
Defrauded investors shouldn’t be worried. I am sure the federal government will bail out their losses.
It is my understanding that there are two different businesses involved. The primary business which the sons run didn’t have anything to do with the “investment” business dad ran. Or so the reports said...
“He was a big liberal Democrat donor and so were many of individuals who invested money in his fund for management. “
Gee thats too bad. Still it was a better investment than their donations to BO.
See comments and links to other NYP articles that explain what exactly was done:
http://www.freerepublic.com/focus/f-bloggers/2147748/posts - I Knew Bernie Madoff Was Cheating—That’s Why I Invested with Him
Some of their investments may have been donations to BO.
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