The recent admission of negligence by federal Securities and Exchange Commission Chairman Christopher Cox of negligence in overseeing the activities of  Bernard Madoff provides just the most recent evidence of that government is broken beyond repair. The SEC was created by President of the United States Franklin Delano Roosevelt to protect investors from being cheated […]

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One Response to “UNITED STATES GOVERNMENT BIGGER THAN MADOFF PONZI”

  1. edstudent on January 4th, 2009 9:14 pm

    Bastard Washington…

    I want you to notice how government is like certain women. It’s their “money” but “your” debt.

    So notice how it is a “federal reserve” note….not a note that is due and payable to you but rather due and payable to the federal reserve. Yet…its always the “public debt.” Why not “public” notes?

    ITS NOT PUBLIC DEBT……ITS GOVERNMENT DEBT.

    In the 1930’s the government fooled a bunch of people by claiming “the country”—implication its businesses and its people—were bankrupt. No wonder why it was depressing!! Take a hard working bunch of people who watched their pennies and were not prone to excess and claim that whatever they did was now worthless. Who went bankrupt? The government! They spent more than even the gold reserves they had on hand.

    Fast forward: I was listening to a Congress-slime tell people from the auto-industry that:

    · They’d better get their act in gear.

    · That they don’t produce a product people want.

    · That they poorly manage funds.

    · That they have been living on borrowed time.

    · That their executives should step down as “its time.”

    · That for years this has been going on.

    · That their product is too expensive.

    · That they are too slow to respond to the market.

    · That they are running at a loss and that fiscal management says that won’t continue.

    IMAGINE THAT !! This guy should hold up a mirror !! See if all the above qualities fit the federal government.