Bernie Madoff Securities Re-Opening Soon!

Im Bernard Madoff Trust Me. – #Mad Man Madoff?? Ha!

Lets presume for a moment that I’m the Cannibal Lecter of the Financial Markets…I don’t necessarily accept that; but you might want to think so.
Then again, before you jump to that conclusion, perhaps you should consider any of the other names that have stood out in the media when referring to Madoff “Ponzi Scheme.” After all, its not as if I was the biggest winner!
And, before you label me Hannibal, let’s put things into perspective and consider other “catastrophic” financial events that have recently taken place in the world.But before doing that..think about this:
It was me (along with Nan, Dimes and some others, maybe) that created $60 billion in perceived wealth over the past 20 years, and that perceived wealth generated $3 billion a year in real spending into the economy from 1995-2008, not to mention the tax revenue captured by Uncle Sam and various state governments. 

Ok, so after all was said and done, $15 billion or so had to be written down.  That said, even those knuckleheads in Congress should be able to figure out that I created a net gain  of almost $25 billion. If they can’t figure it out, they should call up Tim Geithner and have him bring over a calculator and show them what I’m talking about!
Here’s another thing to think about; my pal Irv Picard and his boys at SIPC insisted they would not be clawing back from the elder cockers, but instead, they’d be focusing on the big machas. Hey—I didn’t say it, Irv did….

So, what’s happened since? Instead of smacking down the people that put in bupkus and took out billions, or those crooks over JPM that took out $250 big ones only three months before I came forward voluntarily and told everyone the shit stink that I inadvertently created, Irv is now spending his time (and someone’s money) going after 87-year-old former school teachers for a few hundred grand each; money that’s long gone.
And, if you want to talk about other people—how about those nudniks Walsh and Greenwood??  Two guys skimmed $900 million right off the top! That’s chutzpah!
How about a bigger perspective when it comes to fleecing money? Lets start with Afghanistan. This year alone, American taxpayers, including the Noels, the Merkins and the rest, have forked out about $70 billion;  $300 billion since 2001.. 
Sure, we just found out that the country has $1 trillion in natural minerals, but our $700 billion to-date investment in Iraq’s oil fields hasn’t exactly provided any returns, and Jeff Picower says that a new Chinese restaurant  and a new Chinese Laundromat is opening up in Kabul every 4 hours.. What? You thought he was dead??
How about that TARP a/k/a FART program? $450 billion out the window. Half of that going to ten of the biggest banks in the country ($40 billion for Citi and BofA), and of $400 billion or so, $20 billion to pay bonuses for 2000 big wigs?!
How about the cost of the BP Disaster??. . OK..so BP is footing most of the bill. But, how many thousands of people are winding up on the short end of the stick?
You want to talk about the state of the US Economy and the hundreds of billions wasted, all thanks to elected morons and the bureaucrats that are feeding off the teet? By now, you’re thinking that “Good ‘Ol Bernie has been spending too much time in my Indian Teepee smoking room…Well, when Ruth says its a poor excuse for a condo in Cap d’ Antibes, I tell her that its a rustic but quaint cabana..ha!)

So, you see…I’m really not such a bad guy after all, trust me when I tell you that!   
LOL
BLM



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