What is the Difference Between Bernie Madoff and the U.S. Government?

Scotty Starnes
Today Bernie Madoff was sentence to 150 years behind bars. I say good riddance and hope Mr. "Made-off" drops his bars of soap a few thousand times. He will get his in the end, every pun intended.

The fraud that Mr. "Made-off" conducted was so extensive the judge had to send a message to others who might try to follow in ol' Bernie's footsteps. Harsh punishment was just the remedy for the crime committed. Can I get an amen?

When this Ponzi scheme was brought to the forefront, I laughed because the same scheme Bernie Madoff did is the same scheme our government has been doing to us for generations. Don't believe me? Have you ever looked at the Social Security Ponzi Scheme?

The word "ponzi" comes from a man named Charles Ponzi, who ripped off thousands of New England residents by tricking them into investing in a postage stamp speculation scheme in the 1920's. This "ponzi" scheme is commonly called "rob-Peter-to-pay-Paul." Does this sound familiar?

A Ponzi scheme is a fraudulent investment operation that pays returns to investors from their own money or money paid by subsequent investors rather than from any actual profit earned. Does this not sound like our Social Security System? Now here is another question.

Who are we going to hold responsible when Social Security goes belly-up? Bernie Madoff is now being held responsible for this same crime though it took years for it to catch up to him. Eventually, Social Security will catch up to all of us.

Social Security is a bit different from a true Ponzi scheme in that it is being done to your face instead of behind your back. The more you think about it, the government all together is a huge Ponzi scheme.

President Obama is hell-bent on spreading the wealth or as it is called "rob-Peter-to-pay-Paul." Every single one of his proposed bills have used this scheme. Let us take a trip down memory lane.

President Obama has his "stimulus" bill. It took from the American taxpayer (Peter) and has not yet shown any return. Then we have Obama's leap into the auto industry. Again he robbed the American taxpayer, stock and debt holders (Peter) and paid the Unions (Paul).

Obamacare will once again rob the American taxpayer (Peter) and line the pockets of supporters like General Electric (Paul) just to name a few. Obama wants to spend billions updating medical records electronically. Guess who is in line to benefit from this? General Electric!

Look at Cap and Trade. The American taxpayer (Peter) is going to be taxed on everything from energy to gasoline. These taxes will go back to our government (Paul) and the energy corporations (Paul).

Even Obama admitted that energy prices were going to "skyrocket" because the cap and trade placed on the energy providers will cost them money. Guess what happens? That cost is passed back down to the American taxpayer (Peter).

The Cap and Trade Bill is the most prolific Ponzi scheme out there today. Do not just think that this only affects energy. It will cause everything to increase in prices...also known as "tax-hikes."

So, let me answer the question. "What is the difference between Bernie Madoff and the U.S. Government?" One did the crime behind your back, the other is doing it to your face.

Sources: U.S. Securities and Exchange Commission (http://www.sec.gov/answers/ponzi.htm)
Social Security Administration (http://www.socialsecurity.gov/)

Published by Scotty Starnes

Hello and welcome. My name is Scotty Starnes.I am a Politically Incorrect Individual, Author, Freelance Writer and Political Blogger living in Concord, North Carolina.  View profile

3 Comments

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  • Snidely Whiplash6/30/2009

    And the Democrats will get away with it. And Justice's comment is dead on.

  • Justice Lives Not6/29/2009

    Very excellent comparison. No wonder the gov't won't let anoyne opt out of SS. Like Shaw once said, "Any gov't who robs Peter to pay Paul can always count on the support of Paul"!

  • Randy Inman6/29/2009

    Sounds like the Democrat pushed law changes that caused the home market to tank. Anyone thought out cash for clunkers yet?

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