Redefining Tragedy

When the government does not do its job, the damage is called a tragedy, since no one is responsible. Regarding the Madoff crimes:

“This is a tragedy,” said Sorkin, a ... U.S. prosecutor and SEC enforcement lawyer. “We are going to fight through these events and try to minimize the losses as much as possible.”

The Feds are doing for investors what they did for blacks after hurricane Katrina.

Again, a false sense of security comes with government regulation:

"Since 2000, he has given at least $100,000 to the Democratic Senatorial Campaign Committee and more than $23,000 to the party’s candidates, including Senator Charles Schumer of New York and Senator Frank Lautenberg of New Jersey, who leads a charitable foundation that invested with Madoff. "

The good news is Lautenberg's charitable trust is ruined (These are key to avoiding responsibility and limiting freedom in USA).. The bad news is he has the power to firce taxpayers to refund his losses, and probably will.

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