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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Big_Tymer on January 27, 2009, 12:11:17 PM
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I say yes. He conned 50 billion dollars from investors, and should warrant the death penalty imo. unfortunately he will never get it because he commited a white collar crime.
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I say yes. He conned 50 billion dollars from investors, and should warrant the death penalty imo. unfortunately he will never get it because he commited a white collar crime.
I have read that he was in bed with the russian mob and is being kept out of prison for foear that he will be killed in prison.
I think they are trying to get him to assist in unraveling the fraud before anyone gets to him.
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He certainly shouldn't be living in his penthouse while awaiting trial. ::)
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he destroyed countless lives. he should pay with his. public torture and execution should face him
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he destroyed countless lives. he should pay with his. public torture and execution should face him
Oh brother, aren't you one of those anti-torture guys regarding Muslims? Correct me if I'm wrong.
Execution's too easy for that guy. Taking everything from him and throwing him in jail to rot away would probably be much more painful for him.
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Oh brother, aren't you one of those anti-torture guys regarding Muslims? Correct me if I'm wrong.
Execution's too easy for that guy. Taking everything from him and throwing him in jail to rot away would probably be much more painful for him.
Ha ha. Liberals want to torture people who ruined left wing causes and "charities" but dont want to torture terrorists who may have knowledge of impending suicide or attacks on civilians or soldiers.
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ive never said a thing about torture ???...besides when discussing madoff lol
actually yes, torture him publically then put him in jail for the rest of his life. and not a white collar prison-a hardcore, shanking, rectaly-devistating prison. haha then maybe they can set up an online investing platform in which people can speculate on how long he will last, what Bruno is gonna do to him today, etc..
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ive never said a thing about torture ???...besides when discussing madoff lol
actually yes, torture him publically then put him in jail for the rest of his life. and not a white collar prison-a hardcore, shanking, rectaly-devistating prison. haha then maybe they can set up an online investing platform in which people can speculate on how long he will last, what Bruno is gonna do to him today, etc..
Hahahaha, 10:1 odds on a prolapsed sphincter?
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I say yes. He conned 50 billion dollars from investors, and should warrant the death penalty imo. unfortunately he will never get it because he commited a white collar crime.
This isn't China; it doesn't what you do or who you are, you won't get the death penalty for stealing.
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This isn't China; it doesn't what you do or who you are, you won't get the death penalty for stealing.
I think the russian mob wants him more than anything. there is a story about him laundering money for them which accounts for the difference in what he claims was lost vs what is being shown on the books as of now.
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I say yes. He conned 50 billion dollars from investors, and should warrant the death penalty imo. unfortunately he will never get it because he commited a white collar crime.
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I have read that he was in bed with the russian mob and is being kept out of prison for foear that he will be killed in prison.
I think they are trying to get him to assist in unraveling the fraud before anyone gets to him.
link please :)
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Why bother? Just put him in charge the Social Security program. After all, that is the biggest Ponzi scheme ever.
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I think he should be put on trial as any criminal.
FWIW, I think economical crimes needs to be considered as bad as many other crimes.
Ie, an economical crime like this may very well be compared to when a high politician is tried for crime against humanity or war crimes, even though they never directly killed people, they were responsible for tremendous tragedy.
And Madoff has caused tremendous tragedy no doubt.
Tremendous tragedy that he was probably aware of, and still decided to continue.
I'm not saying Madoff should be compared to Hitler, but I mean that the way we could look on his crime is perhaps the same.
In any case, we need to upgrade economic criminality, it has to have similar penalities to other crimes IMO.
If Madoff is sentenced to life in prison, I think it will set a new, healthy standard for economic crime fighting and judicial system.
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link please :)
Look it up, I dont have it now, but Gasparino mentioned something about this as well.
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Why bother? Just put him in charge the Social Security program. After all, that is the biggest Ponzi scheme ever.
If you think about it, SS is the exact same thing as a Madoff scheme. The early investors take out the most, and the ones in the middle and end get screwed.
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Look it up, I dont have it now, but Gasparino mentioned something about this as well.
http://www.deepcapture.com/bernard-madoff-the-mafia-and-naked-short-selling/ (http://www.deepcapture.com/bernard-madoff-the-mafia-and-naked-short-selling/)
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If you think about it, SS is the exact same thing as a Madoff scheme. The early investors take out the most, and the ones in the middle and end get screwed.
SS would be fine if Presidents didn't borrow from it every year to put in their budgets.
Bush's 2008 budget was made up of ~ 25% borrowed funds from SS
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http://www.deepcapture.com/bernard-madoff-the-mafia-and-naked-short-selling/ (http://www.deepcapture.com/bernard-madoff-the-mafia-and-naked-short-selling/)
I never even saw that article. Many disagree with me on stuff on this site, but i know what i am talking about on a lot of these issues before I formulate an opinion on things.
Madoff is in deeper and this goes much higher and farther than is being reported.
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SS would be fine if Presidents didn't borrow from it every year to put in their budgets.
Bush's 2008 budget was made up of ~ 25% borrowed funds from SS
Its a scheme nevertheless. The present people pay for past people. The money is never set aside.
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Its a scheme nevertheless. The present people pay for past people. The money is never set aside.
social security is designed to be an insurance pool not a personal retirement acct like a 401k
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social security is designed to be an insurance pool not a personal retirement acct like a 401k
Whatever the case, its going to collapse. And you are wrong, it was designed to give seniors a dignified retirement. By employees having to pay in 7.5 of their pay, it is a forced retirement plan. Only thing, if the poor slob dies before he can collect, there is nothing to pass on to the heirs.
SS is a ponzi scheme by the very definition of how it operates.
Please, tell me in what way it is not a ponzi scheme.
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Whatever the case, its going to collapse. And you are wrong, it was designed to give seniors a dignified retirement. By employees having to pay in 7.5 of their pay, it is a forced retirement plan. Only thing, if the poor slob dies before he can collect, there is nothing to pass on to the heirs.
SS is a ponzi scheme by the very definition of how it operates.
Please, tell me in what way it is not a ponzi scheme.
Yeah. Youre right...collect money from this guy and that guy..when its time for this guy to collect on investment ...you take it from that guy and give it to this guy
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Whatever the case, its going to collapse. And you are wrong, it was designed to give seniors a dignified retirement. By employees having to pay in 7.5 of their pay, it is a forced retirement plan. Only thing, if the poor slob dies before he can collect, there is nothing to pass on to the heirs.
SS is a ponzi scheme by the very definition of how it operates.
Please, tell me in what way it is not a ponzi scheme.
??
How does a "dignified retirement" change the structure of the program? Social Security is not a personal savings account or a 401k. Also you can thank Reagan for increasing the employee withholding which he did specifically to create a surplus which he could then borrow to pay for his tax cuts. In 2008 the Bush Administration borrowered from our retirement to plug holes in his budget (~ 25% of the total budget - which doesn't even include the war in Iraq) and replaced those funds with an IOU.
If I included some links would you read them?
Here's one to start:
http://krugman.blogs.nytimes.com/2008/03/28/about-the-social-security-trust-fund/
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I say yes. He conned 50 billion dollars from investors, and should warrant the death penalty imo. unfortunately he will never get it because he commited a white collar crime.
Devils Island should be reopened for him....... :'( Yes, because its white collar crime, he will be in Camp Cupcake...... ::)
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The trust fund is nothing buy IOU's. There is no such fund and no such account in existence.
SS is a scheme. Tell me, if everyone stopped paying ss witholding, how much does the trust fund have in reserve to pay out???
Answer?? Nothing, it does not exist.
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The trust fund is nothing buy IOU's. There is no such fund and no such account in existence.
SS is a scheme. Tell me, if everyone stopped paying ss witholding, how much does the trust fund have in reserve to pay out???
Answer?? Nothing, it does not exist.
yes, borrowed from Presidents starting with Reagan who increased the payroll tax specifically to create a surplus that he could then borrow to pay for his tax cuts.
Did you happen to read the link?
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If you think about it, SS is the exact same thing as a Madoff scheme.
That's what I said.
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yes, borrowed from Presidents starting with Reagan who increased the payroll tax specifically to create a surplus that he could then borrow to pay for his tax cuts.
Did you happen to read the link?
I read it and its a joke. He completely ignores the reality of this situation and basically says that as long as the government can print money, it can continue the scam.