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Madoff the Sacrificial Pig

June 30th, 2009 by admin

With Madoff’s sentencing comes the relief that the culprit is caught, and those who were duped by him and his henchmen are at least, to some degree, relieved to see some kind of justice. I know that those who suffered thier loss because of him will never have their lives back and with all due respect to the victims of Madoff, there is another side to all of this. Has it not occured to anyone that perhaps Madoff was offered up to the sacrifice? Is it not possible that what Madoof has done is only a small part of a much larger whole and we as a country have yet to feel the effects of the greates ponzi scheme ever perpetrated.

Let’s look at Wikipedia’s definition of a Ponzi Scheme:

“A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors rather than from any actual profit earned. The Ponzi scheme usually offers returns that other investments cannot guarantee in order to entice new investors, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors in order to keep the scheme going.

The system is destined to collapse because the earnings, if any, are less than the payments. Usually, the scheme is interrupted by legal authorities before it collapses because a Ponzi scheme is suspected or because the promoter is selling unregistered securities. As more investors become involved, the likelihood of the scheme coming to the attention of authorities increases.”

Could it be that the “bailouts” are a sort of Ponzi Scheme and the investors are destined to lose. Who are the investors. All Americans, everyone of us and our children. We have no idea what the effects of the Bailouts will have until we begin to see the returns and I am convinced of one thing, there will be no return!! We will never see the money our government has freely given to multi-national banks and corporations. Our tax dollars are gone and I guarantee you and I and our children will be paying for this scheme for a long time!

Madoff is nothing compared to the people who have ripped off the coffers of the United States, our money, your money, the money that should have been used for the betterment of our country not to line the pockets of multinationals who have no allegiance to our country. These people only have one allegiance, Profit! Yes Madoff was a distraction, a dumb show for those of us who have not yet realized the greatest ponzi scheme ever perpetrated on a Nation.

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