Bernie Madoff recently was sentenced to 150 years for a multi billion dollar ponzi scheme. Others are still being invested and will probably be prosecuted. Similarly another Ponzi scheme has been unraveling here in Texas with Robert Allen Stanford at the helm.
With the economy being in the condition it is, it seems that the Government is zealously prosecuting financial fraud and the Obama administration is attempting to restructure the financial monitoring system.
In the shadow of all this, health care reform is underway... what's the connection??
The greatest Ponzi scheme of all time is and has been perpetrated by our own government in the form of Social Security and Medicare.
The only problem is, in this case, we would have a hard time prosecuting the offenders.
Friday, July 17, 2009
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