Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 02/11/2016 6:21:42 PM PST by huckfillary
[ Post Reply | Private Reply | View Replies ]


To: huckfillary

people will trust another person who seems (on the surface at least) to be successful.

Those same people expect the government to be totally corrupt.

That is why there is “selective outrage.”

imo.


2 posted on 02/11/2016 6:27:27 PM PST by txnativegop (Tired of liberals, even a few in my own family.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: huckfillary
I know people whose retirements were destroyed by this. Many were wealthy or young enough to manage this, others were not.
One couple were sick formerly wealthy retirees. The husband was a diabetic who lost his legs and his wife was recovering from cancer, when they learned that they lost most of their savings. 1/3 of their investments were with Madoff. 1/3 were in the general stock market, which was in the tank at the time. 1/3 were supposed to be diversified bonds annuities and hedge fund holdings. However unbeknownst to the couple, much of this had been invested with Madoff as the stock market became risky by their brokers. They didn't live long enough to burn through the post-tax income on the apartment they sold. The husband had a stroke a few months later and the wife's cancer relapsed in 2012.


3 posted on 02/11/2016 6:42:37 PM PST by rmlew ("Mosques are our barracks, minarets our bayonets, domes our helmets, the believers our soldiers.")
[ Post Reply | Private Reply | To 1 | View Replies ]


4 posted on 02/11/2016 6:54:28 PM PST by DoughtyOne (the Free Republic Caucus: what FReepers are thinking, 100s or 1000s of them. It's up to you.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: huckfillary

Bernie Madoff and Bernie Sanders,birds of a feather. both a couple of New York secular Jewish flim flam artists.


5 posted on 02/11/2016 7:12:13 PM PST by LeoWindhorse
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson