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Saturday, December 27, 2008

The Paulson Bailout Express Must Aid Bernard Bernie Madoff (Fallen Wall Street Icon)

Yes!! Of XCourse!!! Paulson's bailout whatever its formally called must aid the fallen empire of Bernard Bernie Madoff the Dean of Wall Street investing. The government has given a ton to the incomptent, selfish, lying, theiven bankers and the weak, failing management at Gm soon will also be bailed out. The first part of the bailout money that was meant to be used for unfrezzing the credit system quickley was converted into Chritmas gelt for a bunch of Wasp bankers The second half of the $360 billion bailout that they received soon afterwards they havent slicest idea where it went.When Paulson asked the bankers what they did with the money they told him we dont keep track of things like that. So the answer to the question of did the second half of the bailout money go into the system, into the vaults ,or into somebodies pocket is unknown at this time because the bankers dont keep track of stuff like that.
And now Gm the worst managed company in the history of the United states will also now be receiving a gift package from the government. Gm receiving this gift package thru devine intervention shows just who exactly runs the government. And it aint the people. Its the lobbyists. Gm should have been allowed to fail. And then the government could have stepped in and nationalized it so that it could have the money and management to succeed and not merly survive.
Unlike Gm's management who also cooked the books to make things look better than they were Bernard Bernie Madoff is a genius. It took genius abliity to pull off this scheme for over 20 years and stay under the radar to keep it going. Did Bernard Bernie or Bernie Bernard commit fraud? Absoletly!!! But so did the bankers and Gm's Chairmen Rick Wagner. Wagner lied and lied about Gm's true condition to Wall Street which is a crime. So instead of going to jail he is going to be getting bailout money. Is that fair? And while he was a flop as Chairmen of Gm Bernard Bernie showed true genius ability at raising money and keeping his fraud going. I think if Bernie Bernard apologies and promises not to do it again and hires someone who knows how to trade he should be forgiven and also granted government gelt like Wagoner the complete putz and the theiven bankers.
P.S. The only person I feel sorry for in the Madoff scandal is Carl Shapero. Carl worked hard his whole life and did well and helped a lot of people. But at 95 he was proably to old to be investing money. Age proably dulled his business acumen. And Madoff took advantage of him. That is unfair. But the rest of the suckers were triped up by own their own greed. And now the truth has come home.