Submitted by Starchild (not verified) on Thu, 07/15/2010 - 9:51am.
After being arrested for his Ponzi scheme, Madoff was asked during police interrogation where he got the idea to pay off early investors with the proceeds from early investors, and he told them -- from Social Security.
All right, so the above exchange actually took place only in an editorial cartoon. It's still a valid point! Madoff and his ilk are small fry compared with the big-time scam that's still playing right in front of us. He's in jail, while Bernanke, Geitner, Bush, Obama, etc., are not.
How can you get all worked up about corporate bonuses and allegedly out-of-control capitalism while ignoring how the Fed has been busy creating trillions of dollars out of thin air and bailing out those very corporations? Look at who actually *controls the money*! It's the GOVERNMENT, stupid!
Bernie Madoff was just imitating government
After being arrested for his Ponzi scheme, Madoff was asked during police interrogation where he got the idea to pay off early investors with the proceeds from early investors, and he told them -- from Social Security.
All right, so the above exchange actually took place only in an editorial cartoon. It's still a valid point! Madoff and his ilk are small fry compared with the big-time scam that's still playing right in front of us. He's in jail, while Bernanke, Geitner, Bush, Obama, etc., are not.
How can you get all worked up about corporate bonuses and allegedly out-of-control capitalism while ignoring how the Fed has been busy creating trillions of dollars out of thin air and bailing out those very corporations? Look at who actually *controls the money*! It's the GOVERNMENT, stupid!