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Wednesday, September 15, 2010

o'bamanomics - Why Did Bernie Madoff Go To Prison?

From: baja Sent: Tuesday, September 14, 2010
You asked HOW. Here is the ANSWER!!!

Why did Bernie Madoff go to prison? To make it simple, he talked people into investing with him. Trouble was, he didn't invest their money. As time rolled on he simply took the money from the new investors to pay off the old investors. Finally there were too many old investors and not enough money from new investors coming in to keep the payments going. Next thing you know Madoff is one of the most hated men in America and he is off to jail.

   Some of you know this .. but not enough of you . Madoff did to his investors what the government has been doing to us for over 60 years with Social Security. There is no meaningful difference between the two schemes .... except that one was operated by a private individual who is now in jail, and the other is operated by politicians who enjoy perks, privileges and status in spite of their actions..
   Do you need a side-by-side comparison? Well here's a nifty little chart.
   He did not bother with election part. He just did his own thing!!!!!!!!

BERNIE MADOFF	SOCIAL SECURITY
Takes money from investors with the promise that the money will be invested and made available to them later	Takes money from wage earners with the promise that the money will be invested in a "Trust Fund" and made available later.
Instead of investing the money Madoff spends it on nice homes in the Hamptons and yachts..	Instead of depositing money in a Trust Fund the politicians use it for general spending and vote buying.
When the time comes to pay the investors back Madoff simply uses some of the new funds from newer investors to pay back the older investors.	When benefits for older investors become due the politicians pay them with money taken from younger and newer wage earners to pay the older ones.
When Madoff's scheme is discovered all hell breaks loose New investors won't give him any more cash.	When Social Security runs out of money they simply force the taxpayers to send them some more.
Bernie Madoff is in jail.	Politicians remain in Washington.

This coming November, It's time to flush this toilet and attempt to get our country back.

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Mar 11, 2008 - "My friends, we live in the greatest nation in the history of the world. I hope you'll join with me as we try to change it." -- B. Hussein Obama

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Gov't Off Our Backs

o'KGB?: "Remember..comrade, one day it will be your mission to destroy those bourgeoisie capitalist freedoms."

o'mam: 'The Prettiest Sound On Earth At Sunset' is the Muslim call to prayer.

o'anti-colonialist: Constitution..is imperfect..flawed..colonial

o'Marxist: 'I sought out..the Marxist professors..'

o'cap'n tax: 'Under my plan, energy costs will necessarily skyrocket..'
2008: o'bamacide's 'Culture of Death' "The first thing I'd do as President is sign the Freedom of Choice Act."
o'who?: 'We do not consider ourselves a Christian nation..'

ø'commie: 'It's not surprising..they get bitter, they cling to guns or religion..'

o'bamacide: 'doesn't want his daughters punished with a baby..mistake' (773)
2008: '..5 days away..fundamentally transforming the U.S. of America..'

2008: 'Judge me by..whom I surround myself.'
2009: "Islam has a proud tradition of tolerance." Hussein Obama, Cairo, Egypt, June 4, 2009

2010: 'I am a muslim."
2012: 'If I had a son, he'd look like..'

2012: o'stand down 'What difference does it make?, phony scandals, real dead people

2013: 'Catholics and Protestants are divisive..'
o'der führer: '..reject..'voices' that warn of tyranny.'
2014: o'der leader 'That's the Good Thing as a President, I Can Do Whatever I Want.'

"The Rise and The Fall of Great Civilizations - From Apathy to Dependence to Slavery"
• http://www.corson.org/archives/sociological/S27_090109.htm
by 'The Corsons', John and Janice Corson (John is a member of the American Conservative Union and the Federalist Society.)

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Now the U.S. Owes $175+ Trillion Dollars! (25Sep17) Up daily since o'tax'n spend was elected!

"The American Republic will endure, until politicians realize they can bribe the people with their own money."

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The U.S. Deficit in 2007 was $9,007,653,372,262.48

The federal government has accumulated more new debt -- $3.22 trillion ($3,220,103,625,307.29) — during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury." -- By Terence P. Jeffrey, CNSNews.com (Read The Full Story) Click Here for videos, graphs, movie & U.S. National Debt totals.

3 years ago: The Debt ~ $125T+! Then Obama: Up $22T+ in only 3 years! $22T to $26T+ by 2015! Since November 2011 to January 2013 he has added $2 Trillion to the deficit! States' Unfunded: $3.2T+! • (Dec10) From Jan'09 the deficit: $10.2T→$14.6T up $4.3T/42%! -- Federal unfunded liabilities total $84 trillion .. equal to 5.7 percent of the present value of all future GDP, which translates into about 31 percent of the long run federal revenue estimate,” the report states. “Thus federal revenues would have to rise immediately and permanently to 24.1 percent of GDP to cover the fiscal imbalance.” (source: http://dailycaller.com/2012/07/16/report-federal-unfunded-liabilities-total-84-trillion/)

Federal obligations exceed world GDP!	Is the US Gov't Bankrupt?	Unfunded a myth?
Deficit: $ national debt	Totals Source: http://www.usdebtclock.org	Unfunded Liabilities: $ 107,599,889,000,000 (25Sep17)

Many Americans actually pay $1 out of ever $2 earned to some form of tax while ~50% of people pay no taxes! Do you pay your bills? The Fed takes $3 in and spends $5. Debt per citizen: $51,985 - Debt per taxpayer: $142,513! (13Dec12)

Also, see the blog videos below at http://harrolds.blogspot.com/2009/09/national-debt-how-come-how-much-who-do.html

What were you doing in the last hour while the U.S. Gov't spent $188 Million Dollars of our money! (Every Hour, Every Day!) (Apr11) In 8 years, President Bush added $5 trillion to the national debt; President Obama, according to a revised Dec11 GAO report, added $4T+ to the U.S. deficit in 2011 alone! The GAO estimates the deficit, including o'scamcare & mandates, may grow from $15T+ to over $26T+! UPDATE: A little-noticed event occurred at approximately midnight on Monday, October 31, 2011. The National Debt exceeded the GDP! Imagine what these numbers are going to be now that Obama is reelected! (src)

A trillion seconds pass in 31,688 years. At $1/sec it would take 41,194 years just to pay off o'tax'n spend's new Feb12-Feb13 added debt - 538,696 years to pay only the national debt or 4,404,632 years to settle the debt+unfunded liabilities!

"Over the last four years our national debt has risen nearly $6 trillion, and just last week the debt topped an astounding $16 trillion. To put that in perspective, $16 trillion is enough money to fund the US military, along with the military of every NATO country combined… for the next sixteen years! Government spending is projected to hit $3.8 trillion this year alone. Even after every tax dollar paid by Americans has been counted, the government will still overspend by another $1.13 trillion. Every single second of the day our government spends over $12,000. So in the time it takes you to read this article, roughly five minutes, our government has spent $3.6 million. It take four seconds for the government to spend what the average American earns in an entire year." (source: by Tim Phillips 17Sep12 at TownHall.com)

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It has been suggested that o'who?, the clown, and 'those who surround him' are not the bumbling fools they appear to be. Nor are they one of the 'Three Stooges' but rather are shrewd implementation/drivers and fellow-travelers of policies designed to disarm the citizenry & collapse the American economy. Why? o'nocchio's grandiose scheme to "fundamentally transform America" is more than simple campaign rhetoric as can be seen by his use of "enabling acts" to circumvent the Constitution of the United States. As Ollie used to say, "Well, here's another nice mess you've gotten me into."

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When Men Were

When Men Were Men - "Scots Wha Hae" Battle of Bannockburn in 1314 • Listen to the poem

"Scots Wha Hae"

written by Robert Burns • Robert Burns b.1759-d.1796 (published 8May1794, The Morning Chronicle, London) "Supposedly addressed by Edward the Bruce to his soldiers before the battle. Listen to its lyrics in Scots/English being read by Doug Robertson (photo), Music by Steve McDonald from "Bannockburn (Stone of Destiny)" [3m55s]

• Values: "Scots Wha Hae" 1] poem lyrics..text of "Bruce before Bannockburn" also known as "Scots wha hae", written by Robert Burns
• Robert Burns b.1759-d.1796, 8May1794, The Morning Chronicle) 1] "Supposed to be addressed by Bruce to his soldiers before the Battle of Bannockburn against Edward II."
• Listen

to the poem "Scots Wha Hae" read by Doug Robertson [3m55s], Music by Steve McDonald from 'Bannockburn' [Stone of Destiny]" (.mp3, 3.7MB)
• alternate

ScotWha2.ram

(rm, 3m55s) re [ Robert Bruce's March to Bannockburn, Robert I, the Bruce (1274-1329) also know as Robert the Bruce, "The Hammer of the Scots" ] plus

"Scots, wha hae Wi' Wallace Bled,"

(midi, Scottish Songs) & .midi sequenced with lyrics [src] ^***
and

Scots Wha Hae (bagpipes) by the 48th Highlanders of Canada (7MB, .mp3, 3m14s)
and

Scots Wha Hae, bagpipes solo (1.3MB, .mp3, 1m22s)
and

Scots Wha Hae (2.7MB, .mp3, 3m4s; 'The Corries' ["Battle songs of Scotland", sung by Ronnie Browne solo] &

Scots Wha Hae with pipes (4.3MB, .mp3, 4m29s)

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Wednesday, September 15, 2010

o'bamanomics - Why Did Bernie Madoff Go To Prison?

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Wednesday, September 15, 2010

o'bamanomics - Why Did Bernie Madoff Go To Prison?

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25 Most Recent Posts

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BE HEARD: Contact Congress & the President -- Phone & Fax Numbers

Now the U.S. Owes $175+ Trillion Dollars! (25Sep17) Up daily since o'tax'n spend was elected!

Read:

Recommended

News Briefs: 2nd Amendment, Values, Life, & Muslim Terrorism

AmmoLand.com Shooting Sports News » Gun Rights News

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It's a race against time.

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