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Thread: Bernard Madoff beat up in USA Prison

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    Re: Bernard Madoff beat up in USA Prison

    Quote Originally Posted by repeter View Post
    Thats true, but in a perfectly free marketplace, it would work because everyone would work in their best interests. Some would feel it is their best interest to sell product x. Others would want to sell product y. And because they are all working for their own benefit, the market system works. In a perfectly free market of course.
    I'm not sure what you're getting at.

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    Re: Bernard Madoff beat up in USA Prison

    Wow. I'm amazed at what I've been reading. An old man swindled lots of money out of people who were willing to gamble their money away in order to make lots more money. He gets put in jail and the crap beat out of him, most likely by younger stronger men. And people are cheering the fact that he is getting what he deserves? It sounds to me like money is all that matters, and a contagious classic case of class envy.

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    Re: Bernard Madoff beat up in USA Prison

    Quote Originally Posted by apdst View Post
    Accept for one thing. The victims didn't break any laws.
    I never said they did. My point, ultimately, is that they paid for their greed, just like he's paying for his.

    Quote Originally Posted by apdst View Post
    I have relatives in prison, now. One doing 100 years. Yes, I know plenty about prisoners, prisons and convicts.
    Not, enough, apparently.
    I'm already gearing up for Finger Vote 2014.

    Just for reference, means my post was a giant steaming pile of sarcasm.

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    Re: Bernard Madoff beat up in USA Prison

    Quote Originally Posted by Kernel Sanders View Post
    He wasn't beaten up, he fell out of bed

    Source [ABC | Source: Madoff fell out of bed, injured]
    Well, it's good to know, but it looks like this discussion has long since gone from the land of the factual into the realm of the theoretical.
    I'm already gearing up for Finger Vote 2014.

    Just for reference, means my post was a giant steaming pile of sarcasm.

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    Re: Bernard Madoff beat up in USA Prison

    Quote Originally Posted by Ethereal View Post
    I'm not sure what you're getting at.
    Sorry, I'm not very eloquent. I'm trying to say that in a perfect world, where the market is truly free, without any governmental interference, everyone would work for their own benefit. Without trying to, they would have positive externalities on everyone around them, positive benefits from their actions. This, plus the fact that the market would hypothetically be at equilibrium, would mean that the market would be perfect. Because everyone catered to their own needs rather to others needs.
    Veni. Vidi. Vici.
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    The Only Thing to Fear is Fear Itself.
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    Re: Bernard Madoff beat up in USA Prison

    Quote Originally Posted by lizzie View Post
    Wow. I'm amazed at what I've been reading. An old man swindled lots of money out of people who were willing to gamble their money away in order to make lots more money. He gets put in jail and the crap beat out of him, most likely by younger stronger men. And people are cheering the fact that he is getting what he deserves? It sounds to me like money is all that matters, and a contagious classic case of class envy.
    No, it's more like there are a lot of people who are operating under the illusion that vengeance is justice.
    I'm already gearing up for Finger Vote 2014.

    Just for reference, means my post was a giant steaming pile of sarcasm.

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    Re: Bernard Madoff beat up in USA Prison

    Quote Originally Posted by lizzie View Post
    Wow. I'm amazed at what I've been reading. An old man swindled lots of money out of people who were willing to gamble their money away in order to make lots more money. He gets put in jail and the crap beat out of him, most likely by younger stronger men. And people are cheering the fact that he is getting what he deserves? It sounds to me like money is all that matters, and a contagious classic case of class envy.
    Why should anybody be expected to feel sympathy for someone who made it his life's purpose to prey on other people?

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    Re: Bernard Madoff beat up in USA Prison

    Quote Originally Posted by TacticalEvilDan View Post
    I never said they did. My point, ultimately, is that they paid for their greed, just like he's paying for his.
    You're blaming the victims for trying to do nothing more than use their money to make money.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Bernard Madoff beat up in USA Prison

    Quote Originally Posted by TacticalEvilDan View Post
    No, it's more like there are a lot of people who are operating under the illusion that vengeance is justice.
    Vengeance is justice. The investors took a chance that they might lose their money by making risky investments and Bernie took a chance of paying a physical price for stealing their money.

    It's your logic.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Bernard Madoff beat up in USA Prison

    Quote Originally Posted by lizzie View Post
    Wow. I'm amazed at what I've been reading. An old man swindled lots of money out of people who were willing to gamble their money away in order to make lots more money. He gets put in jail and the crap beat out of him, most likely by younger stronger men. And people are cheering the fact that he is getting what he deserves? It sounds to me like money is all that matters, and a contagious classic case of class envy.
    No that is not what it is. Madoff ran a ponzi scheme taking in money to pay off previous investors. It did catch up to the tune of 55 billion. The investors many that were retired with no chance of getting a job were looking to pay bills not become uber rich.

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