Ponzi Scheme

:) US Prosecuting Attorney to Bernie Madoff- "Where Mr Madoff did you get the idea of defrauding the public by taking the money of current investors and paying dividends to prior investors?" Madoff's reply- "From the Social Security Administration." ;)

Madoff is a jerk, but that's a classic line!

So why don't we just shut it down and quit paying all of those old people. I hear you can often find a very nourishing meal out of a dumpster, especially the ones behind restaurants where all the rich people eat.

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Originally Posted by dsirkle

:) US Prosecuting Attorney to Bernie Madoff- "Where Mr Madoff did you get the idea of defrauding the public by taking the money of current investors and paying dividends to prior investors?" Madoff's reply- "From the Social Security Administration." ;)

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This my friend is poetry!!!! There is nothing better then a thief calling out a thief!

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Originally Posted by MarkS

So why don't we just shut it down and quit paying all of those old people. I hear you can often find a very nourishing meal out of a dumpster, especially the ones behind restaurants where all the rich people eat.

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There are ways to repair it with out continuing down this road of endless waste and squander.