Madoff and Obama: Fellow Ponzi Schemers
by Burt PrelutskyFirst, let me make it clear that I despise Bernard Madoff and wanted to see him fry. Still, I must confess that when I first heard that they were sending this elderly rat to jail for a hundred years, it struck me as absurd. But if it’s true that the good die young, I suppose it’s just possible that Madoff might walk out of prison a free man in 2109.
On the other hand, I kept asking myself why anyone would invest with this schmuck. When I was a kid, I used to watch a TV show called “Racket Squad.” Every week they would dramatize a different con game. (Obviously, while young Burt was just sitting home watching, young Bernie was busily taking notes.) As varied as the cons were, the moral was always the same. As the show’s narrator, Reed Hadley, patiently pointed out week after week, if something sounds too good to be true, turn around and run, don’t walk.
The con artist doesn’t use a gun, he merely appeals to people’s greed and the innate human desire to get something for nothing. So, while Obama’s adoring fans want their mortgages, their health care and their college tuition paid for by other people, so Madoff’s suckers wanted to gobble up preposterously huge profits on their investments. The money aside, I’m certain, knowing human nature, that it fed their insatiable egos to be able to boast to envious friends and associates how much better they were doing than the sluggards with their boring treasury bills and money market accounts. I guess some of us weren’t paying attention to Reed Hadley.
Never having met Mr. Madoff, I don’t know how much he lied and how much he merely left to the investor’s overwrought imagination. But I suspect that he didn’t tell as many fibs during his entire criminal career than President Obama rattles off before lunch.
For instance, didn’t he tell us that Joe Biden was going to be in charge of overseeing every last dollar of the so-called stimulus package? I could swear I heard it. I even recall waiting for the punch line, but it never came. Perhaps the TelePrompter malfunctioned and the president simply blurted out the first name that popped into his head.
It now turns out that Earl V. Devaney will be Chairman of the Recovery Act Transparency Accountability Board. And wouldn’t you love to be the person who answers their phone and has to repeat that three or four hundred times a day?
I suppose Biden could always make himself useful by getting coffee and Danish for Devaney and the members of the Board or perhaps he could make better use of his vast experience by simply telling them the best places to go for teeth whitening and hair plugs.
To give Obama his due, he did carefully select his appointees, making certain that most of them owed back taxes. He even got Tom Daschle to pay up before letting him slink back to South Dakota. Unfortunately, the tax money only came to a few hundred thousand dollars, not close to the two trillion Obama had in mind. Alas, he had a backup plan to make up the difference.
A lot of people, including Alan Keyes, keep insisting that Obama was born in Kenya and is therefore not, according to the Constitution, legally entitled to be president. For several months, people have been saying that nobody has laid eyes on his actual birth certificate. Some folks have even suggested that state officials in Hawaii, a place only slightly less left-wing than San Francisco, have lied about the existence of the elusive certificate.
But I say, “Bosh!” I say, “Piffle!” Conservatives, a notorious bunch of nitpickers, are always asking for proof of one thing or another. One day, it’s John Kerry’s military records; the next, it’s Al Gore’s credentials as a meteorologist; and now it’s this damn document. What’s the big deal? I say, as Obama very well might, if you’ve seen one birth certificate, you’ve seen them all.
Besides, as the mighty media keeps telling us, Barack Obama is more than just another corrupt Chicago politician; he’s royalty.
And the way I remember all those swashbuckling movies of my childhood, kings and princes never had to show no stinking birth certificates. Instead, I say, he should just flash us the royal birthmark on his heinie, and be done with it!
burtprelutsky@aol.com
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46 Comments
He's royalty? That's it? They must have downgraded him from the God On Earth title that was bestowed upon him during the campaign and at his inauguration
If no birth certificate can be produced, CBS can have one made up for the occasion.
At least Bernie Madoff could fool his investors without the aid of a teleprompter.
http://the100mostannoyingthings.blogspot.com/
Un-funded liabilities Social Security, Medicare/Medicaid, Government Retirement, etc., etc. I’ve heard the number of 55Trillion Dollars bandied about, now that’s a Ponzi Scheme. Madoff was a big liberal, perhaps he was a key advisor to Federal Government on how to screw the public.
Obama is a Democrat. He needs a birth certificate about as much as Democratic voters need to show ID…
My (nagging) thoughts exactly. At least Madoff’s victims had the promise of coming out ahead.
Since the War on Poverty, as Senator Reid might say, has failed, perhaps we should abandon the current war and mount a surge on a new front. The poverty of character, common sense, or rugged individualism would all be good options. The lack of all three contribute to a culture that elevates the likes of Madoff and The One to positions of power and influence.
I do sleep better at night knowing That Joltin' Joe Biden, and his real world experience has his fingers on the pulse of the stimulus. What's better, is that I read that all the investors that Madoff bilked, paid taxes and fees to Uncle Sam on bogus Capital Gains. Oops. Sounds like another raid on the treasury
Obamania will be the world's largest economic disaster since tulipmaina.
What is that glaze that comes over people's eyes when it comes to money? This guy hasn't even run a lemon ade stand and we gave him our nesteggs and our future to dabble with? At least with Hillary we would all end up with a mess of porkbelleys.
Reid is also the guy who says that paying taxes is "voluntary."
yes, our economy is burning down, and obama's solution is to throw the proverbial bucket of warm spit (joe biden) at it.
and can we give up on the "birth certificate" already. it's a dry hole. waste of time.
The original Pnozi in recent times is Ronnie Raygun who turned the Financials world around the world upside down with his little scheme.
Raygun's ( and Thatcher's) Ponzi scheme is called Globalization.
WOW…take a look after 1987, there were no more local, regional or national econmies — it all went international
by the1990's,
Where are America's mortgage portfolios? China. Scotland. Japan. Germany.
When can we get our mortgages back to set new terms? We cannot.
Who talked us into this mess? The holier-than-thou GOP.
The GOP has it alllll over Madoff – and to bring in Obama is typical for you bedwetters!
You guys whold really shut your mouth on this site – and if you open it, say something good we ALL can use.
It's just 24/7 blame on this Hollywood site….oh and where is the Hollywood angle here?
Once agian – this has nothing to do with Hollywood.
Breitbart can't even get your smarmy, spin doctor headlines right !
Indeed. Ss and Medicare meet every definition of a Ponzi scheme. If FDR and LBJ were alive, I 'd have them joint Madoff in hell.
I remember a British paper after Bush won reelection in 2004 running the headline: "How could 54 million be so stupid?" Admittedly I am stupid so I didn't really take offense. However, in Nov. 2008 there should have been this headline: "How could 66 million be so naive?"
http://lonewolfarcher.blogspot.com/
LOL No kidding. This guy is even a fake at what he is good at! Everyone fawns over his speeches, but take away his teleprompter and you get "uhhh, ummmm, -stumble-, -bumble-".
Actually the "On Earth" part would be a step down for him based on what the media crowned him with for the last two years.
It takes a little time for common sense to cross the ocean, give them a little time to see what a disaster we have brought upon ourselves.
And Biden said paying taxes is patriotic. So at a time of "national crisis" why does The One put so little emphasis on appointing true patriots to his cabinet?
Yeah, he could definitely use a few weeks at Toastmasters.
"The con artist doesn’t use a gun, he merely appeals to people’s greed and the innate human desire to get something for nothing. So, while Obama’s adoring fans want their mortgages, their health care and their college tuition paid for by other people, so Madoff’s suckers wanted to gobble up preposterously huge profits on their investments."
He really hit the nail on the head!
Right now the Dems are fighting a War on Prosperity.
There is nothing 0bama can do that would convince me he was born in Hawaii. He has fought producing his birth certificate for too long. There is no "principle" he could be fighting for here, where he could claim "to hell with the expense, we are going to get this policy changed once and for all". There is absolutely no justification for him to not produce it. And with the millions of illegal campaign contributions he raked in, he can buy a lot of forgeries and bribe a lot of state officials, so in my mind he has lost all credibility on this issue.
And now, as Commander in Chief, he is sending men and women to their deaths, with NO LEGAL AUTHORITY TO DO SO. He is guilty of murder, and the people who defend him for not producing his birth certificate are guilty of being accessories to murder.
P.T. Barnum revealed the answer many years ago with his famous quip:
"There's a sucker born every minute".
They will be WISHING we brought disaster on ourselves. We have brought it on the entire world. He is just getting started and no one recognizes yet that he has ZERO concern as to who likes the changes he is bent on making. He is screwing OUR VETERANS now and no one cares…
Just wait.
I was interested in joining Toastmasters until I found out that bread and jam were not part of the package.
I've had to see his bare chest and his skinny legs; Please don't make me have to look at his heinie!
Nice one! +1 for you!
That is both clever and insightful!!
If you're an elected official or Obama appointee. Not you, not me, not the rest of the great unwashed.
Well, class warfare is a pillar of socialist democracy.
In no way would I defend this slimball, BUT, it takes unrealist return on investment for a ponzi scheme to work. If normal return is say 8% and said ponzi artist is offering 12% or 14%, well, stop and pause. Greed can bite ya back. Moreover, deversify. I believe the old term is "don't put you eggs all in one basket". Regardless, Madoff is a pig.
I suspect that if Obammy is by some chance "native born", which "we the people" deserve veification of, it may be that Mommy and Daddy spent alot of time consumating a union that didn't actually happen. No wedding, hence illegitimate offspring. Perhaps there is proof that Daddy Obama married his creamy white dream girl, maybe not, hence a coverup. Is it that Obammy is a "bastard", in the "old school" meaning of the word? but I could be wrong…
I've got Dan Rather's fax machine number here on the rolodex. Me and the future ex-wife used to anchor our boat and hang out just off his property at Lake Travis outside of Austin. Let me say that lying to the American public on a daily basis pays REALLY WELL judging by the diggs!
Biden is frantically searching for some material to plagerize to execute the duties bestowed upon him by the Messiah. Don't you know that this hair plugged ol' loose canon just chaffes at having to take direction from a political neophyte elected purely on the color of his skin, not the content of his intellect or character.
Ol' Bubba and Hill have parlayed eight years in the W.H. into a $110 million fortune. Lobbying and taling bribes from foreign country's seems to pay really well! Hill can ride this horse untill the walls of Obama-mania fall down, resign, then go on the road with Bill bilking Dubai and the Saudi's and South American leftist juntas out of millions. Seperate rooms, bimbo's allowed. Hill will travel with her "tennis instuctor" Sven.
Ol' Bubba and Hill have parlayed eight years in the W.H. into a $110 million fortune. Lobbying and taling bribes from foreign countries seems to pay really well! Hill can ride this horse untill the walls of Obama-mania fall down, resign, then go on the road with Bill bilking Dubai and the Saudi's and South American leftist juntas out of millions. Seperate rooms, bimbo's allowed. Hill will travel with her "tennis instuctor" Sven.
Why thank you!
I've gotta produce official documentation that I'm an American citizen to get a job at McDonalds–I don't see a damned thing wrong with even a single American citizen demanding to see the Won's actual birth certificate–an no–a statement from some Hawaiian official that THEY'VE seen Obama's birth certificate is not good enough.
And, if it IS such a dry hole, why is the Won paying to keep the fight going?
Worse. They wouldn't care.
One consolation is the ACLU has had to lay off 25 % of their staff due to a drop in contributions from Madoff and his pals. Ditto Planned Parenthood.
Another terrific Prelutsky! We all should try to get 'prelutsky' into the lexicon as an adjective. "That article was terrifically prelutsky." Con men are generally quick to fold up their cons when they suspect they're gonna be exposed. We BH-er's have got to keep playing the role as town criers and exposing the Big Con in every venue we can find. post articles like this onto Facebook. Hop onto the DailyKos, HuffPo, et. al. and post up. We will influence people we don't even realize are listening. Question O-thority! Hi Lucy, Hi Ellen. Daddy loves you. Lucy, wear your glasses.
Dom_Colangelo: I certainly like your notion of adding "Prelutsky" to the lexicon. But why limit it to an adjective? Why not a noun, as in "He's a regular Prelutsky," meaning extremely bright, affable and darn good-looking? Just a thought.
Regards, Burt Prelutsky
Whatever people believe, the birth certificate fight is a lost cause. Even if someone was to find proof that he was born in Kenya, the liberals still wouldn't believe it…they still don't believe that it's cold outside.
It's a certified duplicate, stupid. You certainly can get a job with one.
Anyway, what does it matter at this point? McCain was born in the Canal Zone, which is unambiguously NOT US territory, and at the time of his birth the Canal Zone was, by US law, explicitly excluded from providing automatic citizenship to children of Americans born there. McCain wasn't even a US citizen for the first two years of his life. You don't even need a birth certificate to prove it, you just have to look up the law and take his word about where and when he was born. Obama's state-certified duplicate of his birth certificate clearly says he was born in Honolulu–unless someone has evidence that someone doctored his records, it's good enough for any employer as proof of citizenship.
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