Showing posts with label Bernie Madoff. Show all posts
Showing posts with label Bernie Madoff. Show all posts

Friday, October 16, 2009

DECEIVED BY HYPOCRITES AND LIARS

Bill O'Reilly was sued for sexual harassment. Read here. Not surprisingly, the suit was settled out of court. Click here for more. Recently O'Reilly took on a bunch of girls for their lewdness in dancing. To read an interesting article on his moralizing to sexy high school dancers, read here.




On 8/30/07, top Republicans were trying to get Senator Craig to quit in disgrace.
Read more on it.
Larry Craig is not longer a Senator but he was listened to for years spewing his hypocritical nonsense and asking people to believe in a morality he did not follow.

Sir Allen Stanford is a disgraced Texas billionaire. There was tremendous impact on English cricket. The consequences of evil people go far. Bernie Madoff is another example of the easy way people have of believing a con artist.

What people fail to see is that con artists are everywhere. They were in the Catholic church and molested children of both sexes for years before law suits forced the church hierarchy to stop their cover ups. The tobacco industry lied about the toxic effects in their cigarettes until the law, once again, began a truth campaign. For many years, homosexuals have hidden in heterosexual marriages, while preying on organizations catering to boys. They have hidden themselves in Boy Scouting, De Molay, Family Institutes, and other organizations, like cancer....doing their silent damage until the prey is often beyond repair.

We are all potential targets of people like the above mentioned. If one were to try to list the most dangerous, we would not be able to read the length of that list. We all need to be wary, especially of those in the fringe who seem to be marching to the beat of a different drummer.

Thursday, February 5, 2009

PONZI SCHEMES


Wikipedia writes: "A Ponzi scheme is a fraudulent investment operation that pays returns to investors from their own money or money paid by subsequent investors rather than from profit. The term, "Ponzi scheme," is used primarily in the United States, while other English-speaking countries do not distinguish colloquially between this scheme and other pyramid schemes.[1" On the other hand, in today's world, the technique has been mastered by Madoff who seems to have gotten away with 49 billion since, even though there was a whistle blower for several years, the SEC ignored all facts.

While Ponzi didn't invent the pyramid scheme, he certainly learned to make it function well for himself as did many others until recently Bernie Madoff became world's champ and cruelly defrauded many of their life savings and retirement money. While he is certainly responsible for his own actions, it is as though we were saying, "Well, it is not the fault of the police that they didn't catch the bank robbers, they were on their coffee and donut break."




Most important was that the SEC was allowed to ignore the whistleblower. From the Sydney (Australia) Morning Herald: "HARRY MARKOPOLOS, the private investigator who uncovered the Bernie Madoff scandal, came straight from central casting: geeky, too-big glasses and a prominent comb-over. When he spoke, it was in the vocabulary of a man who had watched a lot of detective movies."

While violence may have been less an issue during the Bush administration, terrorism in the form of the negligence we saw towards out citizens through poor health care, inferior education, lack of regulation, mismanagement of monies that will follow us for more than a couple of generations, all need to be viewed for the destruction we endured as a people in a country that should have been internally safer in more areas than bin Laden bombings. I have been little heard for years as I have repeated bin Laden's threat that he would ruin the American economy (which he succeeded in doing very well because we had a greedy government run by an arrogant, poorly prepared puppet who played at being President.