Why did Bernie Madoff go to prison? To make it simple, he talked people into investing with him. Trouble was, he didn't invest their money. As time rolled on he simply took the money from the new investors to pay off the old investors. Finally there were too many old investors and not enough money from new investors coming in to keep the payments going.
Next thing you know Madoff is one of the most hated men in America and he is off to jail. Some of you know this. but not enough of you.
Madoff did to his investors what the government has been doing to us for over 70 years with Social Security. There is no meaningful difference between the two schemes, except that one was operated by a private individual who is now in jail, and the other is operated by politicians who enjoy perks, privileges and status in spite of their actions.
"The taxpayer: That's someone who works for the federal government but doesn't have to take the civil service examination."- Ronald Reagan
"If you put the federal government in charge of the Sahara Desert, in five years there’d be a shortage of sand." - Milton Friedman
Stop Repeat Offenders, Don’t Reelect Them! Vote Tomorrow!
Good people were voted in yesterday. Although the ass clowns from Nevada are still acting like idiots, just like the ones from California and other states dominated by the unions. They continue to want something for nothing. Keep up the good work and contact your Represenatives and Senators, let them know your staying in the loop and watching and listening to what they are doing. Go Independants and Tea Partiers!
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