So Bernie Madoff was sentenced earlier today to 150 years in prison. The judge said he wanted this sentence to be symbolic and to make a statement. I believe that this sentence alone falls very short of doing that. If you wanted to have a sentence that was symbolic and would keep people from doing this in the future. The sentence should have been to have Bernie Madoff publicly beheaded. This fucker spent 20 years robbing people as he made nice to their face. He sat with them, ate dinner with them, lied right to their face and happily took their money to pay off existing investors. He shouldn’t be spending the rest of his days in prison. He should be drawn and quartered right in the middle of wall street.
That still wouldn’t be enough though. His entire family needs to go to prison too. His wife played the part of the woman who never knew the man who was doing this. She said she was embarrassed and ashamed by what her husband did. BULLSHIT! This fucker has been stealing from people for 20 years to provide an extravagant lifestyle for himself, his wife and his family. They knew what was going on. There is no way you spend 20 years with someone making that kind of money this guy made, year after fucking year and not know what is happening or at the very least questioning how it is happening. Especially when you are seeing unprecedented returns year after year while everyone else is watching their portfolio shrink.
Which brings me to the next part of my rant. There were two types of people affected by what this piece of shit. There are the people who were friends with Bernie Madoff. The ones who sat down with him face to face and handed him checks for millions of dollars. Some of them have been with him from the beginning like the woman I watched on CNBC this morning crying about how her and her husband have lost 80% of their wealth because of what Madoff did. Or the guy who took his inheritence and invested it with Madoff so he could live off of it rather than work for a living. They handed him money and watched as they got amazing returns on the money year after year.
Then, there are the people who worked for a living. The ones who scrimped and saved so they could grow old and enjoy their golden years. They invested their money with brokers who put the money into feeder funds that placed that money with Bernie Madoff.
As for the first batch of people. Go Fuck Yourself! You gave this fucker money and for years have been making money off the backs of other and are now crying because you have seen your wealth diminish. How much of the wealth you have watched diminish was because of the scam this fucker was running? Year after year you sat down with this scamming prick and laughed at how amazing the returns were that you were getting. The woman on CNBC who said her and her husband lost 80% of their wealth said she felt betrayed and disgusted. She said they were friends with Bernie and Ruth Madoff for 25 years. So, they were most likely investing with them from the beginning. She was crying about how her family is living in survival mode. How they have had to sell two houses and move twice. Well, aren’t you fucking special, you dumb cunt. Go cry me a river. How many houses did you by with the returns you got from your Madoff investments? How many cars? How many vacations did you take? Now you are crying because you should have known better all along? You should have been asking questions about the unprecedented returns you were seeing year after year. Instead you were laughing all the way to the bank. There are alot of people like her and her husband who I feel are equally responsible for what happened. These are the people who knew Bernie Madoff. There is no way they didn’t know what was going on or at the very least questioned how it was that they were getting these huge returns. But they brushed off those questions because they were happy to be getting all this money. Building amazing wealth off of their investments with Madoff year after year and now that its gone they are crying because they have to cut back. Maybe sell a house or two. Possibly sell one of their 5 cars or take 4 trips instead of 6 trips this year. Again, to these people… I say GO FUCK YOURSELF! You are the people that are responsible for what this man did. YOUR greed made this happen. You were more than happy to have the money being handed to you without question. You accepted it, you spent it, you built a lifestyle around it. Even though you knew it shouldn’t be happening. You people dont deserve restitution. You got yoru restitution and spent it happily. YOU should be in jail right along side Bernie Madoff.
Now, there are the other folks. The ones I really feel for. The people that worked their whole life, they saved, they made hard decisions on whether to take a vacation with their kids or tuck the money away for their retirement. They drove the same car for 15 years and lived in the same house for 50. These are the people who truly got scammed. These are the people that deserve restitution. They deserve to get all of their money back and then some for the bullshit they have had to deal with because of this scamming fuck and the greedy pricks I mentioned above. Where do I think they should be getting this money from? Bernie Madoff? Well maybe. But more than him, I think they should be getting their money back from the feeder funds. Just like the guys who invested directly with Bernie Madoff, the people that ran these funds knew what was going on. They are just as responsible for what happened. These are all people who are supposed to know how this shit works. They are supposed to understand investments. The are the ones who should know when someone is doing something that is shady because it brings in unprecedented returns year after year. They held out their hands and took the money from the smaller investment firms and then fed the money right to Bernie Madoff all the while taking a hefty percentage of the returns that were made. These are the people who now need to be prosecuted. They are the ones who need to have everything they own liquidated so that the money can be returned to the people that really did lose everything because of this scam.
Beyond all of this. There is without a doubt that Bernie Madoff put money aside for his wife and family. He put money in all kinds of accounts. Cash with people he trusts, gold in places only his wife knows about. Etc… So, the government better do its job in this case and follow these fuckers and when they try and use this money, whether it is 10 months from now or 10 years from now they better be there to lock the fuckers up right next to the king cocksucker.
Bernie Madoff needs to be hanged and drawn and quartered in the middle of Wall Street. Ruth Madoff and the Madoff children need to be locked up because there is no way they didn’t know what was going on. The guys who invested with Madoff directly and those who ran the feeder funds need to have all of their assets liquidated and be thrown in jail because they also knew damn well what was going on or at the very least that something shady was happening and they need to be held accountable for their actions in funneling money to Bernie Madoff and happily accepting their returns even though they knew they shouldn’t be getting returns like they did.
This one thing will help curtail this sort of fraud in the future because unless the people that perpetrated this (the ones who knew something was happening that shouldn’t be happening but said nothing because they were greedy fucks) are held accountable, the next person like Bernie Madoff that can run a scam like this will have lots of greedy cocksuckers ready to hand him fistfuls of money, as long as they are getting huge returns from it, without asking any questions.
There is also one more group of people that need to be held accountable. They are a group of people that need to be hanged, drawn and quartered right next to Bernie Madoff. They are the government regulators that were supposed to be monitoring people like Madoff and ensuring that he was legitimate. These people failed the taxpayers of this country in a way that should never have happened. What these regulators did should be considered treason and they should pay for their crimes with their life. We have way too much fraud happening in this country anymore and a lot of it is because the people who are supposed to regulate it are all to willing to turn a blind eye as long as they are getting their pockets filled in the process. This shit needs to stop and it needs to stop now. The people that really got screwed from this scam need to stand up and borrow a line from the movie Network and start screaming at the top of their lungs “I’m as mad as hell, and I’m not going to take this anymore!” and then call for the heads of everyone and i mean EVERYONE who was responsible for this scam.
Well, I was going to put a video together with clips from various protests and run it into news coverage of political bashing on our president.. but I got lazy and decided to spend 3 hours writing a rant and posting other peoples videos instead… so here we go….
Alot of drama has followed the recent elections in Iran. Current Iranian president Mahmoud Ahmadinejad won the election in a landslide victory over reform candidate Mir Hossein Mousavi. The Islamic Republic News Agency, Iran’s official news agency, announced that with two-thirds of the votes counted, incumbent Mahmoud Ahmadinejad had won the election with 66% of the votes cast, and that Mir-Hossein Mousavi had received 33% of the votes cast. The European Union and several western countries expressed concern over alleged irregularities during the vote, and some analysts and journalists from United States and Europe based media voiced doubts about the authenticity of the results.
This has led to mass protests from the people of Iran who supported Mir Hossein Mousavi and rightfully so. If you’re candidate lost and you believe that there is a chance of fraud in the results.. stand up and shout… I guess that the real leaders of Iran don’t like that very much though.. so they have tried to shut the protesters up. Bring in the other countries of the world including the US… While president Obama has been slow to throw his support behind the protesters, the GOP has fully grasped the idea of the Iranian people embracing their freedom and right to protest and at the same time taken full advantage of the President’s slow response time… Here is a lengthy video from fox news where former GOP presidential candidate John McCain attacks Obama’s “hands off postion” on the protests and then boasts about the bill that passed the senate by stating that “all of us have certain basic human rights, and they should be allowed to exercise them, and that we should support people’s right to protest without being beaten”… Here is the full clip…
… I think that’s great and I applaud John McCain and the rest of the US Senate for making that statement… especially the GOP and the upstanding view on peoples basic right to protest no matter where they live and what views their government takes on protesters… I just have one little problem with all of it…
While our government is taking a stance on the rights of Iranian citizens and stating that they should be allowed to protest and stand up in the streets to speak their mind against their government… they are doing what they can to suppress our own rights to those same freedoms..
Beyond that… does anyone remember back to the Republican National Convention held in Minneapolis-Saint Paul during Spetember of last year? I sure do… people who tried to peacfully protest the war in Iraq were taken down by police in riot gear… here are a few videos from some of the protests.
Here is a girl holding a flower in her hand as police in riot gear march by.. Most of them leave her alone, but as the video moves along, you can see the girl and a photographer behind her get sprayed at least twice. Wtf were the cops afraid of? What the hell was she going to do with her flower? Attack them?
There are more… lots more… You would think by the number of videos I am posting from fox news that I am a big fan of their right wing biased bullshit… that isn’t the case though… I practically vomit in my mouth every time I see O’reilly, Beck, Hannity and all the other mouth pieces they have on that channel. These just happen to be the videos I am finding… Here is another video from Fox News where the reporter is live on the street and showing a 21 year old girl who was peacefully protesting , raising her hands in surrender and telling the cops that she loves them… They maced her, sprayed her with pepper spray, punched her, pushed her down with their bikes and pretty much beat her in the streets… She was doing nothing threatening at all… she was just refusing to leave the street because she felt her voice needed to be heard… A voice that said I love you repeatedly… I mean we should support people rights to protest without being beaten… right? where have i heard that before? hmmmmm…. anyway.. here is the video..
Amy Goodman is an American broadcast journalist, syndicated columnist and author. During the 2008 Republican National Convention, several of Goodman’s colleagues from Democracy Now! were arrested and detained by police while reporting on an anti-war protest outside the RNC. While trying to ascertain the status of her colleagues, Goodman herself was arrested and held, accused of “obstruct[ing] a legal process” and “interfer[ing] with a peace officer”, while fellow Democracy Now! producers were held on charges of probable cause for riot. Here is the video of her arrest and a news conference that was held afterwards discussing it.
So now journalists are being arrested at protests? Sounds like something that only happens in countries like Iran… our Senate needs to do something to stop this sort of thing from happening in other countries… oh, wait.. that wasn’t another country.. it was our own.. Hmm… all of us have certain basic human rights, and they should be allowed to exercise them, and that we should support people’s right to protest without being beaten…. yeah.. ok… Here’s a video of a police line in riot gear advancing on some more PEACEFUL protesters.
I have work that needs to be done.. so I am going to end this novel for now… To sum things up.. I guess it is bad to suppress protesters when it is the Iranian government doing it… but good to suppress protesters when it is the US government doing it..
Here’s a wake up call.. to all of our senators… and congressmen. Republican and Democrat alike.. Wake the fuck up… stop worrying so much about what is happening in other countries when the liberties and freedoms of the people in your own country are being eroded and taken away. Stop using the rights and freedoms of people around the world as your political strategy to win the next election or attack your opponent and start doing the job you were elected to do. Serving the citizens of this country, the United States of America.
While I agree that we need to keep a close eye on the situation in Iran to help ensure that the Iranian government does not start slaughtering these people for speaking up, we need to spend some time looking at ourselves.. and fixing what is wrong with our own country. Senator, Congressman…. Start doing your job! Or at best someone else will be elected to replace you and do that job for you and at worst, we will be relying on other countries around the world to step in and keep our government and police forces from slaughtering people who are peacefully protesting in the streets at a political convention…..
And one more thing… I don’t think the republican party in this country has any ground to stand upon and accuse someone else of fraud during an election and encouraging protest as a result of that fraud. Seems to me they are the experts when it comes to stealing elections they have not rightfully won as well as suppressing the voice of the opposition as a result of the stolen election.
So, to conclude this rant….. The footage I have seen from Iran and all reports indicate that there were a few people shot during the many days of protests in Iran. Whether they were shot by Iranian police and military or someone else is in question. But, those people are still dead. However, the reports and video footage I have seen showed the protesters in the streets of Iran as being pretty violent. I watched them throw rocks at the police while the police stood there and took the constant barrage from the people. I’m not talking small stones. Im talking chunks of concrete and large rocks being hurled at the police. I watched the Iranian protesters light fires and do things that were not happening in any of the videos I saw from the protests in Minneapolis-Saint Paul. Can you imagine the carnage that would have ensued in Minneapolis-Saint Paul if the protesters outside the republican national convention were hurling rocks at the police and lighting fires in the streets? How many of those protesters do you think would have been shot? I would be willing to bet martial law would have been declared and the government would have stepped in to silence the people and get them off of the streets. So, while I think it is great to support the people in Iran and back them in their ability to protest and speak freely. I think it is weak and cowardly to use it as a political wedge as the Republican party is doing, while just 9 months ago we saw an out of control police force suppressing those same rights of American citizens at the request of the Republican’s.
I’m astounded at the amount of media coverage this wack job is receiving. So he sang a couple good songs 30 years ago, he also was a complete mental case.
It amazes me how because someone is put on a stage and handed millions of dollars, they are worshipped by millions of people. If a politician fucks around on his wife with another woman, we run them out of town on a rail. No matter how much good they could do. But an entertainer dyes his skin white, has his nose shaved down to the point where he had to tape it together and my favorite… surrounded himself with little boys. Hey, it’s all good. he’s just a little eccentric. Are you fucking kidding me?
When I heard Michael had died, ya know what the first thought was that entered my mind? Good riddence. I was actually happy. He was a piece of shit plain and simple. Singing a few songs and grabbing his crotch on stage didn’t make him someone to be idolized. Especially when you consider his personal life.
Funny how now they are saying the Doctor that lived with him, is wanted because he injected something into Michael before he died. Imagine that. This freak of nature was also a drug addict. When will we start construction on his statue? How long before we have michael jackson day off from work?
Seriously people. It’s no wonder the people at the top of the humanity piramid look at common folk as a huge bunch of expendable morons. All you need is something shiny waved in front of your face and you’ll do whatever you’re told.
Michael jackson was a mental case. He’s not someone you should idolize. He’s the lowest of the low on the humanity totem pole. He got lucky because he could belt out a few pop tunes and you gaggle of dufus’s paid money to go watch it.
Why is it that losers like Michael jackson get almost complete control of the media for days, but shit that actually matters to how you live your life.. like oh say, President Obama giving the Federal reserve even more power over our financial system, or the climate control bill that’s going to cost every one of you even more money get next to no play? Oh Yeah! There’s nothing shiny on tv when they talk about that. Your tiny brain can’t stay focused because while the politician is telling you how you’re going to get fucked up the ass once the bill they are proposing passes, he’s not doing the moon walk.
It saddens me that people are so upset over this degenerate dying when they should all be dancing in the streets because another useless waste won’t be using up mother earths precious resources.
So to all you Michael Jackson fans. Why don’t you go read a book and learn something. You’re not going to survive long knowing the words to every song Micheal Jackson ever sang. Look in the mirror and be embarrassed by what you see.
All I keep hearing about on the news is how things are getting better with our economy. They site some manipulated figures to support their claims like, Oh… only 350,000 people filed for unemployment last month. Or housing sales are up 1000 over the past month, but only after they downgraded last months numbers by 5000. Or my absolute favorite is that the dow is up over 2000 points since it’s low a few months back.
But what I’m really seeing is a lot of market manipulation while they tell all the sheep everything is going to be ok. Time to head to the mall and spend whatever money you have left because the economy is on the rebound!
Let me let you in on a little secret. It’s complete bullshit. The people on the news channels you all love to watch, and this includes Fox news, are PAID to tell you want to think. The ex beauty queens and make up covered dumb bells they put next to them are about as in tune with the economy as a blade of grass. They read words off a teleprompter with a smile on their faces and the average american eats it up and accepts it as fact.
The housing crisis is just the beginning of the real estate collapse. There’s a lot of empty retail space right now, and it’s only going to get worse. Let’s look at the chrysler fiasco as an example. You’re a car dealer. You have an expensive building with an expensive mortgage. Suddenly the company you get your product from, cuts you off. Leaves you stuck with whatever inventory you have and says don’t let the door hit you in the ass on the way out. Don’t forget, these dealers not only had millions of dollars in car inventory, but also millions in parts so they could service those cars. Something they are now forbidden to do.
So where does that leave them? Laying off all their employees, selling cars at discount prices and praying someone else will be willing to buy their parts inventory off them, most likely at a huge discount. Now suddenly there’s this huge empty building. Who’s going to move in there? No one.
Where I live, we had a Kmart, and and Ames and tons of grocery stores. Then walmart moved in. Now the Kmart is a decaying, empty building. After that, Ames went out of business and that building is a decaying, empty building. Not bad enough, copper theives broke into both buildings and ripped out all the plumbing. Nice. If you drive down the main roads in most towns around here, you will see building after building… empty. There’s nothing that can survive in there. Rent is so high and profits are so low, it doesn’t even pay to try to open a new business.
So when you are watching cnbc and they are telling you that walmart stock is up… just remember that there are now empty buildings everywhere that once held businesses that failed due to their competition.
Now don’t misunderstand me, I’m not bashing walmart in any way… I’m pointing out that there’s a ton of fallow retail space and someone is left holding the empty mortgage bag there. Bet you don’t see stories about that on Fox. All they are talking about is how things are getting better.
Now if you look at the dow, and commodities you would certainly think that things are improving. Stocks are up, precious metals are up, soybeans are up.. and especially oil is up. That’s double what it was a few months ago. The funniest thing is that when I talk to my fox watching father, he tells me oil is up because of “supply and demand”. You know. The same line of horse shit they fed us when it was $4 a gallon. Except there’s one major difference now, there’s over 100 million barrels of oil stored in tankers floating around in the ocean waiting for somewhere to go, because no one is buying it. So why is the price going sky high? Market manipulation.
See, they get the people on tv to tell you that better times are ahead. Get your money in now so you don’t miss the boat, but it seems like it’s the average guy who always left holding the empty bag when the stocks tank and oil goes back down to $35 a barrel. How many people do you think bought into oil at $140 when all the talking heads on tv were saying it was going to go all the way to $200? I’m sure it wasn’t a wall street fat cat who cried in his cornflakes when it dumped all $105 off it’s value. It was the guy foolish enough to listen to the “experts” telling them to get in now so they can be rich tomorrow.
You heard it here first folks. If you have money in stocks, sell. There is a new bottom coming and there’s not going to be any warning. One day you’re going to watch your retirement savings vanish and they aren’t going to come back.
So what should you do you ask? If I were you, I’d be stock piling food, buying real coinage. Silver, gold, copper. When our economy implodes, you’re going to be happy to have some canned soup in the basement to live on.
The government just pumped trillions of dollars into our economy. That can only lead to one end… hyper inflation. Add to that the fact that we now have an unemployment rate over 10% and growing every month and things are going to get ugly in the near future. It’s almost as if the people with money are trying to make this happen. They want the economy to implode. Why? I really don’t know. To do away with the US dollar as the reserve currency of the world might be one reason. But I’m no financial expert and I’ve got no rich, powerful friends to warn me. I just read a lot of information and use that to reach my own conclusions. Something you should also do.
Don’t take my word for it, go out and do some research for yourself. But if you’ve got money in the bank, make sure you have enough working capital to survive a couple months without having access to that bank held money. When the collapse comes, they aren’t going to be open from 9-4 every weekday, they are going to be closed.
The FDIC isn’t going to save your bank account either. They are already saying they are underfunded. So if banks collapse on a grand scale, there isn’t going to be any money to hand out. It’s going to be every man for himself.
Prepare yourself. The only person that can help you is YOU. Unless you want to stand in a bread line every other day for a stale slice of bread, take steps to protect yourself now.
Obama and his little woman enjoy going out on a date once a week. Seems innocuous enough. Many married couples enjoy spending time together. Isn’t that the reason they get married in the first place?
Last weekend, he took his wife to NY to see a play. Obviously it is a breath of fresh air that our newest president is cultured and enjoys these types of things. But…..
I watched a video of them heading to NY. They jumped on their helicopter and then they took a plane to NY. When they were going inside the theater, the street was lined with police for security. Obviously something necessary for a prominent public leader such as Obama. He and the wife wave and go inside to enjoy themselves and media reports claim they did just that.
This leads me to the point of my blog. People are losing their jobs every day. This is leading to epidemic homelessness. There was a video on cnn the other day about how people were living under bridges in California. When Obama took office, he stood on tv and told us all that he “gets it”. That the american people are suffering financially, yet it seems like all he does is spend money.
Exactly how much did that date with his wife cost the american tax payer?
I don’t know about you, but lately my finances have been suffering. The best “date” I’m getting is a night at the drive in for a double feature at $7 a pop. I don’t need a security detail, helicopters, planes, etc to take me there.
When I see Barack and his wife decked out in designer clothes, stepping out of a limo surrounded by secret service and local police it leads me to believe he really doesn’t “get it” at all.
As I was reading about his latest date, I realized that they’d also gone to “their favorite restaurant in illinois” on their last date and I couldn’t help but think, wait a minute. They live in a home where they have gourmet chefs, in a city that is full of high end restaurants and they had to fly to illinois for dinner? Forget the dinner tab, how much money was wasted flying them there and back and providing security?
I guess I should have known this would be the case when Michelle wore $500 sneakers to a homeless shelter to hand out food. I have to wonder if she even realizes what a slap in the face that is to someone who is down on their luck and living in an alley somewhere.
Don’t get me wrong, volunteering at a homeless shelter is a noble cause, but when you show up in clothes that cost more than most people make in a months time, it has to give you pause.
When Barack ran for president, he claimed he wanted to change things in Washington. I guess the change is turning out to be how much money he can spend and charge the American tax payer. I have nothing against the guy using the tools he’s provided, but not to fly half way across the country to eat dinner with his wife. Sorry.
As much as we all loved to hate president Bush, I never heard a news article claiming he spent hundreds of thousands of dollars to go out on a date, and then stuck us with the bill.
Wake up america. This president who claims to “get” you, certainly doesn’t act like he does. Planting a garden and dishing out meals for photo ops does not a compassionate person make.
All this money the government is spending, has to come from somewhere and it’s going to come from YOU. So as you sit around ooooing and aaaahing at the gown Michelle Obama is wearing as she goes out on her 1/2 a million dollar plus date with her husband, look around at what you’ve got left. It might not be there for long.