Posts Tagged ‘money’

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The Great Swindle (I just wish it was only Rock and Roll)

January 30, 2009

 Oh please, Lord and Vengeful God, bring back the public gallows for just the few that need it. This Madoff character certainly deserves that end and probably a side of good drawn and quartering. The hits just keep on rolling with this D.J. spinning fake records and making everyone on the dance floor slip in their own blood and break their necks in the dark dancehall of Wall Street.

What more can possibly come to light about this Ponzi scheming New Yorker? He’s already tried to forward jewels and precious medals worth millions of dollars to his relatives for safe keeping (i.e. Bail and Lawyer funds). He’s caused death. He, like the silver-tongued Michael Douglas (Gordon Gekko) character, seems unrepentant, brash, bold, and unapologetic.
 
But now comes to light a different glint on the glass of cyanide that he poured for investor confidence. The connection between the bank JP Morgan Chase and their early exit from the fund with nearly “zero losses”. The plot thickens for this maverick money-slinging outlaw.  The early exit sounds familiar doesn’t it? Right before the First Great Depression, the early exit of many insiders meant the ruin of more than a few “small” investors. They jumped from the windows of high rises in shame, depression, and anguish over the manipulated crash.

Is this a trend? Is it something that will be more symptomatic as we soon realise our own crash once again. Take this case. Read it with heart and dignity because obviously this person, his wife, and those closest to them lost theirs. Lost all of it. Just like those fateful jumpers out of the high rises before the last Depression.

Good thing population control is in full swing. Otherwise, we’d have a problem. And it’s another good thing that there is never a correlation between people that control money and the even bigger people that own the money. Otherwise there would be an even bigger problem.

-Dan ®