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Obama's 'Gift' and Bernie Madoff
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Topic: Obama's 'Gift' and Bernie Madoff (Read 1112 times)
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WhiskeyGirl
Monkey All Star Jr.
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Posts: 7754
Obama's 'Gift' and Bernie Madoff
«
on:
May 08, 2009, 02:11:52 PM »
What exactly is Obama's gift?
The gift of gab? Giant speaking aids known by many as the "teleprompter stable"? What is the gift?
Bernie Madoff had a gift too.
He used it for many years, and it provided him with a very lucrative lifestyle. People continue to wonder how so many could be fooled into so easily parting with their money.
Was it the gift of 'Svengali'?
What is Obama's gift? Does he have a 'Svengali' gift as well?
Obama now heads a giant Ponzi scheme, that ran out of money some time ago.
A scheme that sucked up the money of hard working Americans. Americans that were told to plan that it won't be there when they retire. So they saved.
Through the years, the giant Ponzi scheme added more people to the sinking 'U.S. Titanic' known as Social Security.
Tax rates increased. It was for our parents. Can't say no to mom and dad. They started including the disabled, the impoverished, and anyone else with a vote.
Why wasn't the system privatized years ago?
Some continue to wonder.
They say WOW...good thing all the money wasn't in the stock market like the 401ks and IRAs.
The problem with privatization? The government would needed to transfer money they didn't have to private accounts.
Maybe someone would have noticed the piggy bank was empty?
What to do? Carry on. Spend more and blame old people.
What about the Obama (Theresa G.) plan to governmentize your 401k and other retirement programs?
Any idea where that money will be in a few years? How many other folks will be added to the rolls?
How are all these Ponzi schemes being financed today?
Loans from China?
Loans that will take hundreds of years to pay off? Social Security started as a safety net, a pay as you go program. It broke down years ago.
These are loans our children and grandchildren will have to pay off - one way or another. What happens when there is no money? No jobs? No prosperity?
What will China want in Ten years? Twenty years?
Where's the money going to come from in ten years for the expansion of the Ponzi scheme?
Why is it when investment banks make money, they pay bonuses? Campaign funds?
Madoff fooled folks by using incoming money to pay off old 'investers'.
When investment banks gamble and lose, taxpayers give them the lost money.
Generations will be paying it forward. No money. Busted Broke.
When Madoff started to unravel, he became a criminal.
Once in a while there are references to those who helped. The ones that eased the way, kept the Ponzi going for generations. Some people will never recover their money. If some got out, the government will 'claw it back'.
Social Security, Medicare, and Medicaid started to unravel years ago.
<i>Who are the criminals? Who's helped to ease the way? Who's keeping the Ponzi scheme going today?</i>
Why isn't our leadership doing something about Social Security? Why does the spending continue?
Does anyone greasing the wheels in government today really think Americans can out run this financial assault?
Does anyone really think the tsunami of debt can be paid off by future generations?
New promises are being made daily. It's by special gift. Few have these gifts.
What exactly is Obama's gift?
The ability to keep the Ponzi scheme rolling for a few more years? The ability to jump ship to a safe place?
My arrogant opinions and questions.
Logged
All my posts are just my humble opinions. Please take with a grain of salt.
It doesn't do any good to hate anyone,
they'll end up in your family anyway...
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