Couldn't we cut out the middleman, and make Bernie Madoff the Congress?

This lays out the just really uncanny similarities between Madoff's ponzi scheme and that third rail of American politics, Social Security.  I can't say I'm surprised to discover this.  I've thought this for some time, and anyone who is not just about to retire is truly delusional if they're counting on getting anything out of the thousands of dollars they've put into the SS 'lock-box' over the years.

If only I could have kept that money, and used it to buy canned goods and ammunition.  That'd be a better retirement plan than anything the government is likely to be able to provide for anyone my age (vintage 1969, baby) or younger.

Of course, this is merely one more example in a long line of similar comparisons - "if anyone in the private sector did x, they'd be in jail - why do these politicians stay in office and get sweetheart real estate and commodities deals?"  Makes you wonder about that whole "we're a nation of laws, not men" concept, don't it?

Posted by Buckethead Buckethead on   |   § 0

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