Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: TigerLikesRooster

It would be a horrible precedent to bailout the Madoff victims.

If the government pays off these people, why shouldn’t the government compensate the victims of smaller con games, emails from Nigeria or street crime as well? Not only would it cost untold billions, this kind of bailout encourages the perpetrators, as the only real victims become the taxpayers.

To the Madoff investors, I’m sorry if they got ripped off- but it wasn’t me so too bad. They can sue and see if they can get it off of Madoff- good luck.


11 posted on 01/04/2009 3:29:27 AM PST by I_Like_Spam
[ Post Reply | Private Reply | To 1 | View Replies ]


To: I_Like_Spam

To open the Madoff “door”....pretty much means the end of our ability survive as a nation financially. The bankruptcy of America...that we kinda hoped to avoid...will be fairly close. 2009 would then promise to be worse than even the 1930s. The SPIC fund will be non-existent within months.


13 posted on 01/04/2009 3:38:50 AM PST by pepsionice
[ Post Reply | Private Reply | To 11 | View Replies ]

To: I_Like_Spam
I recently sent an email to my worthless congressman demanding to be paid for my newsletter that no one is buying. No answer, even though he voted for the original bailout! Grrrrrr.

Here's a free copy:

Copy, paste, print.

15 posted on 01/04/2009 3:42:42 AM PST by MrPiper
[ Post Reply | Private Reply | To 11 | View Replies ]

To: I_Like_Spam

What about everyone who lost a dime in a casino? They need a bailout also.


26 posted on 01/04/2009 5:24:34 AM PST by Mark was here (The earth is bipolar.)
[ Post Reply | Private Reply | To 11 | View Replies ]

To: I_Like_Spam

What about Enron? That fiasco ruined lots of people’s lives and they didn’t get their money back. People lost their entire pensions, etc.

My guess is, this is being discussed as it is the very wealthy and influential who got scammed by this creep Madoff. If it was the little guy, it would be tough luck sucker.


41 posted on 01/04/2009 6:54:51 AM PST by khnyny ("The demagogue is one who preaches doctrines he knows to be untrue to men he knows to be idiots.")
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson