Page 2 of 2 FirstFirst 12
Results 11 to 17 of 17

Thread: Madoff Charged in $50 Billion Fraud at Advisory Firm

  1. #11
    Norville Rogers
    Kernel Sanders's Avatar
    Join Date
    Jul 2008
    Location
    Pittsburgh, PA
    Last Seen
    07-23-12 @ 10:20 PM
    Gender
    Lean
    Undisclosed
    Posts
    3,730

    Re: Madoff Charged in $50 Billion Fraud at Advisory Firm

    Quote Originally Posted by danarhea View Post
    Bernie Maddoff, the great leveler, did more to close the economic gap between the filthy rich and the poor than any program ever devised by any Liberal. He has caused many millionaires to go bankrupt, and even completely ruined a few billionaires in the process too. The price tag for those caught up in Maddoff's ponzi scheme? More than 50 billion dollars. The number is probably even much higher than that, but many will not come forward, having to admit in shame that, as predatory as they were, they were taken as prey by Maddoff himself.

    Who were the people that Maddoff fleeced? Slum lords, owners of sweat shops, and of course the rentier class (also known as the money for nothing class) - Those who made money without having produced a shred of goods or services. How could they do that? By being the economic predators they were.

    Yes, Maddoff is going to prison, but in the process, other predators are now in ruin, and that is good. Liberals may complain that we need more government to stop predators like Maddoff and his bunch. To them, I say no way. The market has a system of justice all of its own built right into it. What you are now witnessing is "market justice" at work. After seeing the mega fallout and destruction from this event, why would anyone in their right mind ask for government intervention, which would be nowhere as just as what has happened to this group of clowns? Let the economic deadwood of the world fall back to earth, and be forced to get real jobs, I say.

    In the world of predatory economics, it's dog eat dog. Some dogs have been eaten. Now lets move on.
    So because the victims were rich, it's okay? That's ridiculous, and it also completely mischaracterizes and generalizes about the victims, which includes retirement funds and charities. Possibly the worst post I've ever seen from you

  2. #12
    Slayer of the DP Newsbot
    danarhea's Avatar
    Join Date
    Aug 2005
    Location
    Houston, TX
    Last Seen
    Today @ 03:39 AM
    Gender
    Lean
    Conservative
    Posts
    39,764

    Re: Madoff Charged in $50 Billion Fraud at Advisory Firm

    Quote Originally Posted by Kernel Sanders View Post
    So because the victims were rich, it's okay? That's ridiculous, and it also completely mischaracterizes and generalizes about the victims, which includes retirement funds and charities. Possibly the worst post I've ever seen from you
    Not because they are rich, but how they got to be rich. They preyed on others to get where they were, and now they have become the pray. Fitting end to their fortunes, and I for one do not feel one bit sorry for them.
    The ghost of Jack Kevorkian for President's Physician: 2016

  3. #13
    Norville Rogers
    Kernel Sanders's Avatar
    Join Date
    Jul 2008
    Location
    Pittsburgh, PA
    Last Seen
    07-23-12 @ 10:20 PM
    Gender
    Lean
    Undisclosed
    Posts
    3,730

    Re: Madoff Charged in $50 Billion Fraud at Advisory Firm

    Quote Originally Posted by danarhea View Post
    Not because they are rich, but how they got to be rich. They preyed on others to get where they were, and now they have become the pray. Fitting end to their fortunes, and I for one do not feel one bit sorry for them.
    So what did The Elie Wiesel Foundation for Humanity do that it deserved to be defrauded?

  4. #14
    Slayer of the DP Newsbot
    danarhea's Avatar
    Join Date
    Aug 2005
    Location
    Houston, TX
    Last Seen
    Today @ 03:39 AM
    Gender
    Lean
    Conservative
    Posts
    39,764

    Re: Madoff Charged in $50 Billion Fraud at Advisory Firm

    Quote Originally Posted by Kernel Sanders View Post
    So what did The Elie Wiesel Foundation for Humanity do that it deserved to be defrauded?
    There are plenty of other Jewish charities that will take up the slack - Jewish National Fund, for one. Without their devotion to the land of Israel, and their planting of trees and building of reservoirs, Israel would still be a desert.
    Last edited by danarhea; 12-22-08 at 07:02 PM.
    The ghost of Jack Kevorkian for President's Physician: 2016

  5. #15
    Norville Rogers
    Kernel Sanders's Avatar
    Join Date
    Jul 2008
    Location
    Pittsburgh, PA
    Last Seen
    07-23-12 @ 10:20 PM
    Gender
    Lean
    Undisclosed
    Posts
    3,730

    Re: Madoff Charged in $50 Billion Fraud at Advisory Firm

    Quote Originally Posted by danarhea View Post
    There are plenty of other Jewish charities that will take up the slack - Jewish National Fund, for one. Without their devotion to the land of Israel, and their planting of trees and building of reservoirs, Israel would still be a desert.
    Please answer the question. What did The Elie Wiesel Foundation for Humanity do such that being defrauded by Madoff is a "fitting end to their fortunes," to use your own words?

  6. #16
    Educating the Ignorant
    zimmer's Avatar
    Join Date
    Dec 2008
    Last Seen
    Yesterday @ 08:51 PM
    Lean
    Conservative
    Posts
    14,503
    Blog Entries
    12

    Re: Madoff Charged in $50 Billion Fraud at Advisory Firm

    Quote Originally Posted by danarhea View Post
    Not because they are rich, but how they got to be rich. They preyed on others to get where they were, and now they have become the pray. Fitting end to their fortunes, and I for one do not feel one bit sorry for them.
    How did they "prey on others"?
    And what percent did this?

  7. #17
    Banned Iriemon's Avatar
    Join Date
    Aug 2005
    Location
    Miami
    Last Seen
    12-19-15 @ 10:38 AM
    Lean
    Undisclosed
    Posts
    19,405

    Re: Madoff Charged in $50 Billion Fraud at Advisory Firm

    Quote Originally Posted by danarhea View Post
    Bernie Maddoff, the great leveler, did more to close the economic gap between the filthy rich and the poor than any program ever devised by any Liberal. He has caused many millionaires to go bankrupt, and even completely ruined a few billionaires in the process too. The price tag for those caught up in Maddoff's ponzi scheme? More than 50 billion dollars. The number is probably even much higher than that, but many will not come forward, having to admit in shame that, as predatory as they were, they were taken as prey by Maddoff himself.

    Who were the people that Maddoff fleeced? Slum lords, owners of sweat shops, and of course the rentier class (also known as the money for nothing class) - Those who made money without having produced a shred of goods or services. How could they do that? By being the economic predators they were.

    Yes, Maddoff is going to prison, but in the process, other predators are now in ruin, and that is good. Liberals may complain that we need more government to stop predators like Maddoff and his bunch. To them, I say no way. The market has a system of justice all of its own built right into it. What you are now witnessing is "market justice" at work. After seeing the mega fallout and destruction from this event, why would anyone in their right mind ask for government intervention, which would be nowhere as just as what has happened to this group of clowns? Let the economic deadwood of the world fall back to earth, and be forced to get real jobs, I say.

    In the world of predatory economics, it's dog eat dog. Some dogs have been eaten. Justice is served. Now lets move on.
    Though those dogs were just eaten by other dogs -- those who ended up with the $50 billion on Maddoff's bad bets.

Page 2 of 2 FirstFirst 12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •