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Do you realize that if a CEO created a retirement plan that mirrored social security he would be arrested?

Social security is a ponzi scheme, it is not a retirement plan. If a CEO called a press conference to announce his great new retirement plan and his description of it exactly mirrored social security, he would be arrested for fraud. Keep that in mind the next time you defend social security in its current […]

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Should Alexandra Wallace be punished for what she said?

I think she was exercising her freedom of speech when she gave her hateful speech targeting Asians Americans. However, as a UCLA student, and Political science major, how can she say something so hateful and thoughtless? I want to ask her, is it wrong for an Asian students to be family oriented? instead of sending […]

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FDR's Social Security is now a bankrupt Ponzi Scheme – is this proof that LIBERALS don't understand finance?

Social Security is a classic Ponzi Scheme, and actually constitutes criminal security fraud in all 50 states – why would Obamacare be any different ? Why does anyone let these people near our treasury ? http://www.cnbc.com/id/34941334

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Is It only Satyam?? Or many More on the Way !?

"Satyam slumps again as investors dump shares"…. The stock has lost almost 90% of its value in the two trading sessions since Chairman B. Ramalinga Raju, in a stunning disclosure, admitted to inflating the balance sheet by more than billion in India’s biggest corporate fraud…………….. Do you think Satyam is the only company in India/World […]

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Which is more important to you – supporting Wall Street greed OR helping the US economy recover?

If billions have been given out in Wall Street bonuses during the previous administration, it seems that Krugman may be right, that Wall Street has become in fact just one huge Ponzi Scheme. This means that all the bonus money that is draining out to managers really belongs to the investors. Those rats are giving […]

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Is our nation run by complete crooks?

Bernard Madoff arrested over alleged billion fraud NEW YORK (Reuters) – Bernard Madoff, a long-time fixture and powerful adviser on Wall Street, was arrested and charged on Thursday with allegedly running a billion Ponzi scheme, U.S. authorities said. The former chairman of the Nasdaq Stock Market who remains a member of Nasdaq OMX Group Inc’s […]

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What's the Difference between Al Gore and Bernard Madoff?

They both show phony documentation to get money. The phony documentation shows it’s a scam for money. The main difference so far is that Bernard has been caught and it’s only a matter of time before Al gets caught. QUESTION ::::: Do you see any differences between the two men ? ======================================… http://en.wikipedia.org/wiki/Bernard_Madoff Bernard Lawrence […]

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Bernie Madoff and Social Security is there any difference?

Madoff ran a Ponzi scheme. Isn’t Social Security a Ponzi scheme? Should every politician from FDR to now who supports Social Security be indicted for fraud?

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Why do they do these things? What can a 70-year old man do with 50 billion dollars anyway?

… he could never spend it all. And five or even 10 billion would be a comfortable amount to leave to his heirs. Is it that the money doesn’t matter as much as being able to get away with it? Is it that they think money will buy them women, jewels, mansions, yachts,etc.? Or do […]

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What are your thoughts on this?

NEW YORK (Reuters) – Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a billion "Ponzi scheme" in what may rank among the biggest fraud cases ever. The former chairman of the Nasdaq Stock Market is best known as the founder of Bernard L. Madoff […]

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Can a person's MBA get revoked if they are convicted of Investment Fraud?

I have a friend whose money was stolen by a business person who claimed to be a Certified Financial Planner, and a Licensed Investment Broker, among many other things. The business person was in school getting their MBA in Financial Planning at the time, and has now graduated. My friend wants to know if the […]

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Whose worse: Bernie Madoff who operated the largest fraud ever, or a child murder/rapist?

I mean Bernie Madoff operated the largest ponzi scheme ever frauding millions of dollars, even forcing some people to do the unthinkable: sell off one of their multi million dollar vacation homes to have to suffer living in a crappy 10 million dollar home in the Hampton’s. Or a man who kidnaps a kid rapes […]

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