Friday, March 13, 2009

Bernie Madoff's Bait Attracted Peers

By all accounts there was an unwritten but implied rule when one invested money with Bernie Madoff, " Don't ask too many questions or you will not get these remarkable returns any longer because I'll kick you out of my fund". And so the bait of outsized profits attracted people who were willing in effect to turn away from scrutiny or due dilligence of their investments and in effect agree to receive stolen or illegal money with the rationale that if they didn't know then they couldn't be co-conspirators with Madoff.

So in that context yesterdays Madoff "sorry" statement put together with the glaring fact that he refuses to help investigators recover what's left of investors money points to at least an assumption by Madoff that he is at least as moral as his investors.

They largely all deserve each other.

Labels: , , , , ,

Friday, February 06, 2009

Problem Attorneys : Final Solution

Ira Sorkin is a friend, investor and attorney for Ponzi schemer Bernie Madoff. Sorkin presumably lost money with his investments in Madoff securities. But now Sorkin will defend Madoff against all criminal charges. I don't know what passes for normal friendship between shady consenting Jewish operators but they are still talking. Of course Ira is talking and Bernie is paying. Ira Sorkin is the quintessential form of attorney. Cheating and lying friends will not stop him from defending those same friends so they may delay or escape justice. There is one caveat: "Innocent until proven broke".

Here in San Francisco our Yellow Pages have 76 pages of attorneys ! There is no other professional category in the Yellow Pages that even comes close to that count. This fact begs the question," Are there any barriers to becoming an attorney?" The underlying fact that supports this legal infestation is the legal system rewards delay and by extension this includes rewarding lying and outright incompetence. No other professional pursuit rewards delay. Consequently the carrer attracts morally ambivalent people who can also be incompetent. One only needs an abundance of greed to succeed in the legal profession.

What's to be done to solve this predation? I'm intrigued by an old African rights of manhood ritual. This ritual happened before the European colonials and Bill Gates showed up. The custom was for young men to kill a lion with a spear ( my sympathy is with the lion). Then he would be considered a man worthy of respect from the tribe.

How about introducing a variation on that custom here in the U.S.? To wit, in the pursuit of real-time justice and to shed political correctness young men and women should be encouraged to slay attorneys with a weapon of choice to prove a break from childhood. Maybe a higher mark of ranking could be given if the slain lawyer was Jewish.

Labels: , , , , , , , , ,

Thursday, December 18, 2008

Stinko Politics And Culture : Future Look

Given the increasing rate of political corruption and spiraling down of U.S. culture , a future look of how these challenges will be handled is worth a little speculative fantasy. In the interest of continuity and recognition the names will remain the same but the time period will be some 20 years hence. And so...

Illinois Governor Rod Blagojevich appoints Caroline Kennedy to become Illinois' Senator. Immediately thereafter Blagojevich resigns his governorship and is appointed New York's Senator by Governor David Paterson. Ponzi-schemer Bernard Madoff surrenders to Elliott Spitzer who then is reappointed New York Attorney General by The New Jerusalem Times. Spitzer's first executive order is to drop all charges against Madoff who then becomes the Mayor of New Jerusalem which was formally known as Manhattan. Israel is now Palestine and former Israelis have all moved to New Jerusalem. Gentiles have formed a Hamas look- alike organization.

People can now have an uncensored view of Bill Clinton for 24/7 because of an attached webcam with a link to the internet. George Bush fell off the wagon and now wanders looking for cocktails of mass amnesia. Condi Rice does Colgate Dental Strips ads which demontrates how to fill a gap in a smile and stop being mistaken for Mad Magazine's Alfred E. Newman. President Obama governs from the center a.k.a. The Peoples And Families Republic Of Togetherness And Borrowing From , to wit the Federal Governments budget is now 75% of America's GDP with the remaining 25% being generated by Oprah Winfrey's Enterprises.
White people who do windows are in demand.

Labels: , , , , , , , , , ,

Tuesday, December 16, 2008

Ponzi Scheme Is Similar To Democracy Scheme

Ponzi Scheme :

An investment swindle in which high profits are promised from fictitous sources and early investors are paid off with funds raised from later ones.

Democracy Scheme:

A political/social swindle in which unearned rights are promised to early voters and sourced from earlier earners.

We are not all equal. We are known by our differences.

Labels: , , , , , , ,