Madoff On Ponzi Schemes

Of course, Madoff is a connoisseur of Ponzi schemes, so when he says government is one, he knows well of what he speaks.  Supposedly his son committed suicide, but I doubt it, I think his other children are encouraged to be more forthcoming with the missing billions now that their brother was suicided.  Just my guess, but not that anyone is going to care.

And since govt is a Ponzi scheme, those who in government are charged with sniffing out ponzi schemes, the regulators, are not able to pick up the scent, since what stinks to the rest of us is what regulators, like Chris Cox, sniff all day long, thus cannot discern any problem, in spite of the fact that plenty of people named Madoff, and what he was doing, for the ten years it was Cox's job to police the markets with the SEC.

Anyone who believes government can regulate markets is quite foolish.  Anyone who does not know private initiative can and does regulate the market, is ill-informed.

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