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Bernie Madoff gets 150 years in jail

Posted on 06/29/2009 8:37:59 AM PDT by Ed25

Excellent


TOPICS: Breaking News; Crime/Corruption; US: New York
KEYWORDS: madoff; theft
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To: concerned about politics

Federal Reserve Banking, the greatest scam on earth, and the BIGGEST ponzi scheme ever.

Taxes are just lies, in my book. A way to loot the peasants.


41 posted on 06/29/2009 2:05:17 PM PDT by TruthConquers (Delendae sunt publici scholae)
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To: contemplator
Where exactly is he supposed to find that kind of money?

He did it before, he can do it again. I imagine there are still thousands of stupid, rich people that would and will give their money to the next Madoff that comes along offering something too good to possibly be true.

42 posted on 06/29/2009 2:32:45 PM PDT by Choose Ye This Day (America is the best -- 20 million illegal immigrants can't be wrong.)
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To: Non-Sequitur

He’ll sit in jail during the appeals process
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

Although I have never experienced either I have been told by those in a position to speak from experience that a county jail is a far worse place to spend time than any prison.


43 posted on 06/29/2009 2:52:53 PM PDT by RipSawyer (Change has come to America and all hope is gone.)
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To: ladyjane

Yup...some will, the term for that is “claw-back”..and those persons are very nervous.

there were at least 10 top people who told the SEC that this was bogus...somehow, he had bought out the SEC officials or they were too impressed or stupid or all three.


44 posted on 06/29/2009 2:54:13 PM PDT by Recovering Ex-hippie (Pray for Israel!)
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Comment #45 Removed by Moderator

To: Ed25

Madoff gets 150 years for stealing 50 billion dollars
What will Obama and congress get for stealing 40 times as much. 2 trillion


46 posted on 06/29/2009 3:13:27 PM PDT by jyro (French-like Democrats wave the white flag of surrender while we are winning)
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To: Tzimisce

He is going from the lap of luxury to a jail cell with strict rationing and limited amenities.

He’ll be ending it in a jail cell with limited time outside and even then it’ll be heavily supervised.

No more yachting, shopping, bonking a cabana girl, dining out, parties, receptions, all the other vices he indulged in happily.

All when most his age are enjoying it the most. No more fine paintings, sculptures, etc. Right after he has been so used to it and taken it for granted.

If anything, this will be worse than death.


47 posted on 06/29/2009 3:50:34 PM PDT by Niuhuru (Anger means your spirit isn't broken)
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To: Borges
Am I an idiot for thinking that jail time should be reserved for violent crimes? People like this should pay restitution plus punitive damages.

Violent crimes? Like beating up an 80-year-old man so that he spends a week in the hospital, 6 weeks in a leg cast, and then gets well?

How about depriving that same 80-year-old man of his entire life savings through fraud, so that he is now penniless, destitute and has to spend all the entire remaining days and years of his life standing long hours doing the strenuous work of chopping meat every day just so that he has just enough money to keep surviving until he can die?

Madoff stole people's entire futures from them.

48 posted on 06/29/2009 3:56:46 PM PDT by john in springfield
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To: Rev DMV

Some say EVEN hustlers get hustled and some say ONLY hustlers get hustled. greed often seems to lead people to lose everything.


49 posted on 06/29/2009 5:22:47 PM PDT by RipSawyer (Change has come to America and all hope is gone.)
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To: Ed25

I just had my comments censored on the Seattle-Times message board about this story within minutes of posting. I dared compare the 13 billion Madoff swindled to the 3+ trillion the dems and RINOs like Dave Reichert are trying to swindle out of the USA with Cap and Trade.
Guess the “progressives” running that paper didn’t appreciate that and it didn’t comply with their fairness doctrine.
Ofcourse hours of posts filled with anti-semetic rantings was allowed. Go figure.


50 posted on 06/29/2009 5:35:01 PM PDT by Proud_USA_Republican
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To: Non-Sequitur
...so a 70 year old man on his last legs is going to jail? How is that “justice”?

"Because he broke the law. He committed fraud on a massive scale and stole billions of dollars from people. And we should just say, "Hey, he's 70! Jail would be cruel!" No thanks. Madoff got what he had coming to him, nothing more and nothing less."

Good response to a utterly asinine question.

51 posted on 06/29/2009 6:01:22 PM PDT by South40 (Islam has a proud tradition of tolerance. ~Hussein Obama, Cairo, Egypt, June 4, 2009)
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To: AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...

It was a stiff sentence because he screwed so many liberals.


52 posted on 06/29/2009 6:35:36 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
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To: TruthConquers

How many years in prison will Pelosi, Reid and Obama get for stealing trillions from every man, woman and child in America?


53 posted on 06/29/2009 7:52:15 PM PDT by beagleone
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To: Borges
well you have a point, although, if fines were the only deterrent from this type of garbage, there would be many more of these types of schemes.
54 posted on 06/29/2009 7:59:31 PM PDT by mrsixpack36
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To: contemplator
The man stole BILLIONS of dollars and gave it to his friends.

Isnt this what BHO is doing as well, though?
55 posted on 06/29/2009 10:04:51 PM PDT by ketelone
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To: SunkenCiv; Ed25

I’m tired of hearing about Madoff getting a 150-year sentence. Hasn’t anybody heard of “revolving door justice?” We hear often enough about sentences being reduced because of good behavior or overcrowded prisons. He’ll probably only serve fifty years.


56 posted on 06/30/2009 2:31:44 AM PDT by Berosus (I wish I had as much faith in God as liberals have in government.)
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To: concerned about politics
it's not like he murdered anyone. Those who rape and/or murder children get less.
Everyone keeps saying this but I would bet that the cases where someone that is convicted of raping and killing a child and who gets a lesser sentence than this are very very rare. This is comparing apples and oranges. I don't care what other sentences are, Madoff ruined thousands of lives, let him rot in jail.
57 posted on 06/30/2009 4:18:48 AM PDT by AUH2O Repub (Palin/Sanford(??) 2012)
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To: Ed25

150 years? Wow, that’s over 2 hours for each $100,000 he swindled people out of...


58 posted on 06/30/2009 7:23:26 AM PDT by Onelifetogive (Check out Puppy News at www.buyingapuppy.com)
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To: jyro
Madoff gets 150 years for stealing 50 billion dollars What will Obama and congress get for stealing 40 times as much. 2 trillion

Worth repeating!

59 posted on 06/30/2009 8:35:46 AM PDT by NaughtiusMaximus (Uh, Mr. President, did you lose your contact lense OR ARE YOU PRAYING?)
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To: Berosus

Yeah, he’ll go to one of those country club prisons anyway.


60 posted on 06/30/2009 2:08:43 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
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