Madoff Gets 150 Years

US News • Views: 4,511

Wall Street scoundrel Bernie Madoff has been sentenced to 150 years in prison for perpetrating one of the biggest financial frauds in history.

NEW YORK – Convicted swindler Bernard Madoff was sentenced to 150 years in prison Monday for fraud so extensive that the judge said he needed to send a symbolic message to those who might imitate his fraud and to victims who need relief.

Applause broke out in the crowded Manhattan courtroom after U.S. District Judge Denny Chin issued the maximum sentence to the 71-year-old defendant, who said he sought no forgiveness and knew he must live “with this pain, this torment, for the rest of my life.”

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249 comments
1 Creeping Eruption  Mon, Jun 29, 2009 9:23:22am

Only fair I guess when all of his victims got life sentences too.

2 debutaunt  Mon, Jun 29, 2009 9:23:45am

Cool. He can con the cons in prison.

3 Wasta  Mon, Jun 29, 2009 9:23:45am

Gee, I guess the laws on the books when enforced seem to work...

///

4 reloadingisnotahobby  Mon, Jun 29, 2009 9:24:00am

I'd rather he worked his ass off to pay back EVERY DIME.........
Then get get 150 years...

5 Jetpilot1101  Mon, Jun 29, 2009 9:24:49am

re: #4 reloadingisnotahobby

I'd rather he worked his ass off to pay back EVERY DIME.........
Then get get 150 years...

Oh he'll be working his ass off in prison...Bubba will take care of that.

6 Dianna  Mon, Jun 29, 2009 9:25:00am

A good ride while it lasted, I'm sure. And Madoff, at least, is guaranteed a bed and food for the rest of his life.

His victims, though, have lost everything. 150 years would be enough if he lived to suffer for them in perpetual discomefort.

7 Nevergiveup  Mon, Jun 29, 2009 9:25:27am

re: #2 debutaunt

Cool. He can con the cons in prison.

Every see "The Producers"?

8 reloadingisnotahobby  Mon, Jun 29, 2009 9:26:10am

re: #4 reloadingisnotahobby

I'd rather he worked his ass off to pay back EVERY DIME.........
Then get get 150 years...


After he gives up ALL of his knowing enablers,sells ALL his
and his Family assets.............etc...........

9 MrSilverDragon  Mon, Jun 29, 2009 9:26:10am

re: #4 reloadingisnotahobby

I'd rather he worked his ass off to pay back EVERY DIME.........
Then get get 150 years...

As I said in the previous thread, days on a chain gang, nights in a cramped cell. If he can steal 50+ billion, he can clean up trash on highways, break rocks, whatever. I don't care how old he is. All the people he bilked are suffering, and chances are many of them will never see their money again, so that's my take on the matter.

10 Dianna  Mon, Jun 29, 2009 9:26:22am

re: #5 Jetpilot1101

I'm sorry, but prison rape just isn't funny.

In addition, he's 71 years old. I doubt there will be much interest.

11 MandyManners  Mon, Jun 29, 2009 9:26:49am

Where did the money go?

12 Nevergiveup  Mon, Jun 29, 2009 9:26:52am

re: #5 Jetpilot1101

Oh he'll be working his ass off in prison...Bubba will take care of that.

Nah, Bubba usually likes em young and this guy ain't that. Of course unless Bubba is senile? Well then all bets are off.

13 Dark_Falcon  Mon, Jun 29, 2009 9:26:56am

Gotta go, work beckons.

14 CIA Reject  Mon, Jun 29, 2009 9:27:05am

OT: Supreme court rules in favor of New Haven firefighters

Oh, and I hope Mr. Madoff enjoys his new digs...

15 Nevergiveup  Mon, Jun 29, 2009 9:27:23am

re: #11 MandyManners

Where did the money go?

With all the flowers I guess?

16 lawhawk  Mon, Jun 29, 2009 9:27:26am

The victims of the Ponzi scheme will take cold comfort from the maximum sentence handed down. A judge required that Madoff's assets be seized, including the multimillion dollar homes in NY and Florida, and expect them to be sold to provide some redress for the victims.

I doubt whether this will be a sufficient deterrent from other scam artists trying to pull a similar stunt. It also showed the problems with regulatory officials who couldn't unravel the scheme and refused to listen to whistleblowers who wondered how someone could claim double digit returns for years on end, even in volatile and down market years.

17 Dianna  Mon, Jun 29, 2009 9:27:32am

re: #11 MandyManners

Where did the money go?

It was a ponzi scheme, which meant that a lot of it ran around in circles until it all went smash.

18 J.D.  Mon, Jun 29, 2009 9:27:58am

re: #11 MandyManners

Where did the money go?

They're still working on finding that out.

19 CIA Reject  Mon, Jun 29, 2009 9:28:07am

re: #7 Nevergiveup

Every see "The Producers"?


LOL!

You now own 80% of Prisoners of Love...

NEXT!

20 Buck  Mon, Jun 29, 2009 9:28:08am

re: #14 CIA Reject

OT: Supreme court rules in favor of New Haven firefighters

And against the new SCOTUS nominee.

21 Ward Cleaver  Mon, Jun 29, 2009 9:28:17am

Guess he's looking forward to his 221st birthday!

/

22 Who Watches the Watchmen?  Mon, Jun 29, 2009 9:28:19am

Thanks for playing. Buh-bye!

23 reloadingisnotahobby  Mon, Jun 29, 2009 9:28:29am

re: #9 MrSilverDragon

A scoundrel of EPIC PROPORTIONS............Hope get every little evil ailment he can.......

24 MandyManners  Mon, Jun 29, 2009 9:28:31am

What about Mark and Andrew Madoff?

25 Ward Cleaver  Mon, Jun 29, 2009 9:28:42am

re: #20 Buck

And against the new SCOTUS nominee.

But since it's 5-4, the libs will discount it.

26 subsailor68  Mon, Jun 29, 2009 9:29:20am

re: #11 MandyManners

Where did the money go?

Hi Mandy! Is that question directed to Madoff or the Social Security Administration?

;-)

27 soxfan4life  Mon, Jun 29, 2009 9:29:35am

re: #16 lawhawk

The victims of the Ponzi scheme will take cold comfort from the maximum sentence handed down. A judge required that Madoff's assets be seized, including the multimillion dollar homes in NY and Florida, and expect them to be sold to provide some redress for the victims.

I doubt whether this will be a sufficient deterrent from other scam artists trying to pull a similar stunt. It also showed the problems with regulatory officials who couldn't unravel the scheme and refused to listen to whistleblowers who wondered how someone could claim double digit returns for years on end, even in volatile and down market years.


So if an investor wasn't able to figure that out as well then shame on them. The conventional wisdom says don't invest money you can't afford to lose.

28 CIA Reject  Mon, Jun 29, 2009 9:29:36am

re: #17 Dianna

It was a ponzi scheme, which meant that a lot of it ran around in circles until it all went smash.

Kind of like Social Security for anybody under, about, age 60....

29 Mostly sane, most of the time.  Mon, Jun 29, 2009 9:29:38am

He should be sentenced to 150 years in a run-down trailer, eating macaroni and cheese and having to cut the sauce in half to stretch it farther, sitting on worn out furniture, and picking up cans on the side of the road to get gas money.

30 tedzilla99  Mon, Jun 29, 2009 9:29:50am

Hopefully restitution will be made and some of the idiots who invested with him can get some of their money back so that they can throw it at the next slickster who comes around selling a monorail or marching band.

Yes, he's a crook, but come on - how could anyone believe his results?

31 NJDhockeyfan  Mon, Jun 29, 2009 9:29:52am

When is he eligible for parole?

32 subsailor68  Mon, Jun 29, 2009 9:30:36am

re: #31 NJDhockeyfan

When is he eligible for parole?

Probably in 75 years, so at least he has something to look forward to.

33 tedzilla99  Mon, Jun 29, 2009 9:30:42am

re: #20 Buck

And against the new SCOTUS nominee.

Let the spinning begin!

34 Czarny_Smok  Mon, Jun 29, 2009 9:31:18am

Kinda like the ponzi scheme that the current administration is running on the American public. Healthcare by Government decree, Government Motors, socialization of the economy etc. Can we throw congress and the senate in jail for the next 150 years too?

35 Joo-LiZ  Mon, Jun 29, 2009 9:31:26am

re: #31 NJDhockeyfan

When is he eligible for parole?


CNN was saying in Federal Prison, it's a minimum of 80% of the original sentence... I dunno how accurate that is though.

If I'm doing my math right, that's 120 years.

36 solomonpanting  Mon, Jun 29, 2009 9:31:58am

re: #31 NJDhockeyfan

When is he eligible for parole?

Irrelevant. Global warming will kill us all first.

37 Ben Hur  Mon, Jun 29, 2009 9:32:07am

Due Diligence.

Learn it.
Love it.
Live it.

38 Buck  Mon, Jun 29, 2009 9:33:18am

re: #27 soxfan4life

So if an investor wasn't able to figure that out as well then shame on them. The conventional wisdom says don't invest money you can't afford to lose.

Many did take out money every year... Some even took out more than they put in.

Often he was raising money in order to pay off people who were withdrawing funds.

39 Creeping Eruption  Mon, Jun 29, 2009 9:33:38am

I hope they send him to Supermax so he has some nice quiet time to contemplate what he has done.

40 CIA Reject  Mon, Jun 29, 2009 9:33:41am

re: #20 Buck

And against the new SCOTUS nominee.

This is a "win-win" IMHO. Some qualified, hard working, firefighters will get the promotions they deserve and the City of New Haven will get qualified fire service officers.

If my house is on fire I really don't give a d*mn what color the people who show up to fight the fire happen to be- I DO however, want them to know what the f*ck they are doing!

41 opnion  Mon, Jun 29, 2009 9:33:58am

re: #30 tedzilla99

Hopefully restitution will be made and some of the idiots who invested with him can get some of their money back so that they can throw it at the next slickster who comes around selling a monorail or marching band.

Yes, he's a crook, but come on - how could anyone believe his results?

The sentence is harsh, but I guess that he came by it honestly, so to speak. I do agree with you, did the investors really think that Madoff was getting this kind of return legitimately? Don't think so.
I would like tro see an investigation of Dodd & Frank & all of the other hucksters involved in Fannie & Freddie.

42 J.D.  Mon, Jun 29, 2009 9:34:00am
Stephen Harbeck, president of the Securities Investor Protection Corp., which is liquidating Madoff Securities, said in May that it may take longer than 10 years to finish locating the company’s assets and paying back victims.


Bernard Madoff Gets 150 Years in Jail for Epic Fraud (Update3)

43 DaddyG  Mon, Jun 29, 2009 9:34:07am

I've got kids in stead of investments. My retirement plan is to visit each one of my children and grandchildren for a few weeks in rotation. /

44 ErnieG  Mon, Jun 29, 2009 9:34:08am

re: #34 Czarny_Smok

Kinda like the ponzi scheme that the current administration is running on the American public. Healthcare by Government decree, Government Motors, socialization of the economy etc. Can we throw congress and the senate in jail for the next 150 years too?

I'd settle for just Barney Frank and Nancy Pelosi.

45 pat  Mon, Jun 29, 2009 9:34:15am

He will be eleigible for parole in 50 years according to news reports.

46 Creeping Eruption  Mon, Jun 29, 2009 9:34:45am

re: #45 pat

He will be eleigible for parole in 50 years according to news reports.

They'll have to dig him up for the parole hearing, but no bother.

47 MandyManners  Mon, Jun 29, 2009 9:34:58am

Will they go after Ruth?

48 Killgore Trout  Mon, Jun 29, 2009 9:35:37am

re: #16 lawhawk

Does he go to a real prison or one of the country club prisons?

49 MandyManners  Mon, Jun 29, 2009 9:35:49am

re: #30 tedzilla99

Hopefully restitution will be made and some of the idiots who invested with him can get some of their money back so that they can throw it at the next slickster who comes around selling a monorail or marching band.

Yes, he's a crook, but come on - how could anyone believe his results?

If it sounds too good to be true, it is.

50 opnion  Mon, Jun 29, 2009 9:35:50am

re: #14 CIA Reject

OT: Supreme court rules in favor of New Haven firefighters

Oh, and I hope Mr. Madoff enjoys his new digs...

She has been overturned quite a bit. It is odd to nominate someone to the court who has been reversed so often by the same court.

51 Shiplord Kirel  Mon, Jun 29, 2009 9:35:59am

OT
I called my Congressman (Randy Neugebauer-R) this morning to share my views about the Obama administration's outrageous actions against the lawful Honduran government.
Somewhat to my surprise, I got the man himself on the phone. He agreed with me that it is an outrage and promised to do what he could.

52 reloadingisnotahobby  Mon, Jun 29, 2009 9:36:17am

re: #41 opnion

Seems the only thing he ever earned honestly...
...His Sentence!

53 CIA Reject  Mon, Jun 29, 2009 9:36:29am

re: #50 opnion

She has been overturned quite a bit. It is odd to nominate someone to the court who has been reversed so often by the same court.

If you can't beat 'em join 'em?

54 Eowyn2  Mon, Jun 29, 2009 9:37:00am

re: #16 lawhawk

The victims of the Ponzi scheme will take cold comfort from the maximum sentence handed down. A judge required that Madoff's assets be seized, including the multimillion dollar homes in NY and Florida, and expect them to be sold to provide some redress for the victims.

I doubt whether this will be a sufficient deterrent from other scam artists trying to pull a similar stunt. It also showed the problems with regulatory officials who couldn't unravel the scheme and refused to listen to whistleblowers who wondered how someone could claim double digit returns for years on end, even in volatile and down market years.

Scam artists all have two things in common:
1) they think they are smarter than everyone else
2) they think they will never get caught


Questions:
Why would someone sentence a 71 yr old man to prison for 150 years?
What does that 150 yrs translate into in regards to parole eligibility?

55 alegrias  Mon, Jun 29, 2009 9:37:06am

Madeoff had help putting out 20-page monthly statements to his clients.

Ripping off Holocaust survivor Elie Wiesel, how low & rotten can you & your organization be?

Agree that Madeoff is like the mafiosi people taking over America's private businesses--no conscience, only helping themselves & their friends.

56 Killgore Trout  Mon, Jun 29, 2009 9:37:09am

re: #51 Shiplord Kirel

I called my Congressman (Randy Neugebauer-R) this morning to share my views about the Obama administration's outrageous actions against the lawful Honduran government.


What did he do?

57 soxfan4life  Mon, Jun 29, 2009 9:37:14am

re: #38 Buck

Many did take out money every year... Some even took out more than they put in.

Often he was raising money in order to pay off people who were withdrawing funds.

Sorry, really can't feel bad for those who didn't research his claims prior to investing with him. When noone else is giving that type of return that is a huge red flag.

58 Nevergiveup  Mon, Jun 29, 2009 9:37:21am

re: #48 Killgore Trout

Does he go to a real prison or one of the country club prisons?

Real in all likelyhood, but probably one that has facilities/an area for older inmates

59 astronmr20  Mon, Jun 29, 2009 9:37:30am

...yet this pales in comparison to ponzi schemes like Social Security perpetrated on us by our elected officials.

/How 'bout that global warming bill, CNN?

Of that's right. Another week of Michael Jackson coverage instead.

60 reloadingisnotahobby  Mon, Jun 29, 2009 9:37:35am

re: #53 CIA Reject

Rush is on this right now.

61 Capitalist Tool  Mon, Jun 29, 2009 9:37:46am

re: #48 Killgore Trout

Does he go to a real prison or one of the country club prisons?

Is that a real poncho prison or a Sears poncho prison? - Frank Zappa

62 Ben Hur  Mon, Jun 29, 2009 9:37:49am

No more laying about naked on his sofa in the bathroon overlooking the city.

63 Nevergiveup  Mon, Jun 29, 2009 9:38:01am

re: #54 Eowyn2

Scam artists all have two things in common:
1) they think they are smarter than everyone else
2) they think they will never get caught

Questions:
Why would someone sentence a 71 yr old man to prison for 150 years?
What does that 150 yrs translate into in regards to parole eligibility?

Death

64 Mostly sane, most of the time.  Mon, Jun 29, 2009 9:38:08am

re: #62 Ben Hur

No more laying about naked on his sofa in the bathroon overlooking the city.

You are paying for the brain bleach, right?

65 alegrias  Mon, Jun 29, 2009 9:38:14am

re: #43 DaddyG

I've got kids in stead of investments. My retirement plan is to visit each one of my children and grandchildren for a few weeks in rotation. /

* * *
Probably the best investment there is! I envy you for your brilliant family planning!

66 ErnieG  Mon, Jun 29, 2009 9:38:17am

re: #50 opnion

She has been overturned quite a bit. It is odd to nominate someone to the court who has been reversed so often by the same court.

I think that the idea is to change the court so that its philosophy is more consistent with hers. She can't reverse herself, can she?

67 J.D.  Mon, Jun 29, 2009 9:38:39am

re: #47 MandyManners

Will they go after Ruth?

...Two weeks ago, in a piece entitled "The Loneliest Woman in New York," the New York Times reported that her usual salon, Pierre Michel, on Manhattan's tony Upper East Side, had told her not to return for her every-six-weeks blond foil highlights.

Ruth Madoff made a deal with federal prosecutors last week to sell most of the couple's assets -- the $7.5-million co-op and primary residence in Manhattan, the $11-million house in Palm Beach, Fla., the $3-million beach house on Montauk, at the tip of Long Island and, as the Wall Street Journal reported this morning, jewelry insured at more than $2.6 million and two fur coats valued at $48,500. In exchange, the Justice Department agreed to let the 68-year-old woman keep $2.5 million.

Now, the New York Post is reporting that landlords don't want to rent to Mrs. Madoff, who is shopping for an apartment. She has started using her maiden name, Alpern, but no luck there either.

"She has nowhere to go," a top broker said. "No one wants someone with her name in their building. People like their privacy."


Ruth Madoff: Homeless and without a hairdresser as husband gets 150 years in jail

68 Nevergiveup  Mon, Jun 29, 2009 9:38:46am

re: #62 Ben Hur

No more laying about naked on his sofa in the bathroon overlooking the city.

Well enough about you, what do you think of Madoff?

69 Son of the Black Dog  Mon, Jun 29, 2009 9:38:48am

1) You can't cheat an honest man.
2) If you can't understand an investment, don't invest.

70 Racer X  Mon, Jun 29, 2009 9:39:12am

re: #37 Ben Hur

Due Diligence.

Learn it.
Love it.
Live it.

And don't get greedy. If an investment promises to make you rich very quickly something is wrong.

71 Ben Hur  Mon, Jun 29, 2009 9:39:23am

Don't ask me how I know, but that's true.

72 Nevergiveup  Mon, Jun 29, 2009 9:39:27am

re: #69 Son of the Black Dog

1) You can't cheat an honest man.
2) If you can't understand an investment, don't invest.

You talking to us or congress?

73 alegrias  Mon, Jun 29, 2009 9:40:29am

re: #51 Shiplord Kirel

OT
I called my Congressman (Randy Neugebauer-R) this morning to share my views about the Obama administration's outrageous actions against the lawful Honduran government.
Somewhat to my surprise, I got the man himself on the phone. He agreed with me that it is an outrage and promised to do what he could.

* * * **
Obama & Hillary Clinton are supporting the ANTI-Central American Free Trade Agreement person! This administration couldn't wait to meddle in & support the Hugo Chavez clone who hates America!

74 reloadingisnotahobby  Mon, Jun 29, 2009 9:40:35am

re: #67 J.D.

NO HAIR DRESSER!?
The F*CKING HORROR/////////////

75 Buck  Mon, Jun 29, 2009 9:40:52am

re: #54 Eowyn2


Why would someone sentence a 71 yr old man to prison for 150 years?

I don't think we take a persons age into consideration when we sentence them.

His crime calls for 150 years. I only wish he could actually serve it all.

76 Ben Hur  Mon, Jun 29, 2009 9:40:55am

Merkin is next.

77 MandyManners  Mon, Jun 29, 2009 9:41:10am

re: #67 J.D.

Ruth Madoff: Homeless and without a hairdresser as husband gets 150 years in jail

Those people should be ashamed of themselves.

78 soxfan4life  Mon, Jun 29, 2009 9:41:19am

re: #74 reloadingisnotahobby

NO HAIR DRESSER!?
The F*CKING HORROR/////////////


I thought we wouldn't torture under 0bama.//

79 [deleted]  Mon, Jun 29, 2009 9:41:25am
80 Shiplord Kirel  Mon, Jun 29, 2009 9:41:36am

re: #56 Killgore Trout

What did he do?

He told me that another Republican member is about to introduce a resolution supporting the legal government in Honduras and condemning the administration's pro-Chavez policies. He said he will vote for it and speak out when he can. There is not a whole lot else he can do over the phone.

81 JustABill  Mon, Jun 29, 2009 9:41:39am

So he took $50 billion and gets 150 years. That works out to what $333mil per year. I'd do a year in min security for $333 mil...

82 opnion  Mon, Jun 29, 2009 9:41:53am

re: #66 ErnieG

I think that the idea is to change the court so that its philosophy is more consistent with hers. She can't reverse herself, can she?

Yup, that is why elections have consequences. Soto Mayor seems to be very racial centric & not pocess the detached objectivity that is important to interpret the intent of the law & Constitution.
Everybody brings their own biases, but she seems to embrace hers.

83 J.D.  Mon, Jun 29, 2009 9:41:56am

re: #74 reloadingisnotahobby

NO HAIR DRESSER!?
The F*CKING HORROR/////////////

I MEAN!
MIGHT AS WELL HAVE BEEN THE DEATH SENTENCE!

84 albusteve  Mon, Jun 29, 2009 9:42:19am

incarceration is a bitch no matter where they put you....he has few rights...does what he's told and can never leave...he has lost the most precious of all, freedom....chew on that

85 Kosh's Shadow  Mon, Jun 29, 2009 9:42:44am

re: #6 Dianna

A good ride while it lasted, I'm sure. And Madoff, at least, is guaranteed a bed and food for the rest of his life.

His victims, though, have lost everything. 150 years would be enough if he lived to suffer for them in perpetual discomefort.

And guaranteed medical care, just as it gets very expensive.
The rest of us get Obamacare

86 avanti  Mon, Jun 29, 2009 9:43:10am

re: #17 Dianna

It was a ponzi scheme, which meant that a lot of it ran around in circles until it all went smash.

A lot of people invested say a million, took out over that, but lost another million on paper. The court will try to take some money back from some investors that made false profit money and pulled it out.

87 Killgore Trout  Mon, Jun 29, 2009 9:43:17am

Get ready to start hoarding light bulbs.....
White House announces new lighting standards


Aiming to keep the focus on climate change legislation, President Barack Obama is ready to talk about making lamps and lighting equipment use less energy.

On Monday afternoon, Obama and Energy Secretary Steven Chu plan to disclose that $346 million in economic stimulus money will help improve energy efficiency in new and existing commercial buildings.

The White House added the event to the president's schedule at the last minute, just three days after the House narrowly approved the first energy legislation ever designed to curb global warming. The measure's fate is less certain in the Senate, where Democrats lack the 60 votes needed to block a certain filibuster.

88 pat  Mon, Jun 29, 2009 9:43:20am

There were, of course, many accomplices. A single man could not pull this off.

89 J.D.  Mon, Jun 29, 2009 9:43:21am

re: #77 MandyManners

Those people should be ashamed of themselves.

Indeed they should.

90 subsailor68  Mon, Jun 29, 2009 9:43:23am

If there was any question as to whether or not Social Security is a Ponzi scheme, this should help answer it:

Ida May Fuller

From the SSA's own web site:

Ida May Fuller worked for three years under the Social Security program. The accumulated taxes on her salary during those three years was a total of $24.75. Her initial monthly check was $22.54. During her lifetime she collected a total of $22,888.92 in Social Security benefits.

So, it would appear that the $22,864.17 above what she "invested" had to be paid by future "investors".

Yep, that's a Ponzi scheme. And now that the baby boomers are hitting retirement....oops, we're running out of new investors.

91 reloadingisnotahobby  Mon, Jun 29, 2009 9:43:32am

re: #85 Kosh's Shadow

Good point!
As usual we still get SCREWED!

92 Son of the Black Dog  Mon, Jun 29, 2009 9:44:04am

re: #48 Killgore Trout

Does he go to a real prison or one of the country club prisons?

The fact that there's a lot of money still unaccounted for makes him a flight risk. But this is white collar, nonviolent crime. My guess is that they'll put him in a medium security prison, and hold out the prospect of going to Maxwell or Eglin if he comes clean about where the money is.

93 alegrias  Mon, Jun 29, 2009 9:44:07am

re: #69 Son of the Black Dog

1) You can't cheat an honest man.
2) If you can't understand an investment, don't invest.

* * * *
Like most of us know enough!
Like any of us have the time to police our own SEC-approved investments.

What's the point of paying taxes to fund the SEC & Treasury if they are toothless or on the take? MADEOFF was once head a respecte head of one of these industry boards...don't recall which, but he was an INSIDER.

94 Ben Hur  Mon, Jun 29, 2009 9:44:18am

re: #80 Shiplord Kirel

He told me that another Republican member is about to introduce a resolution supporting the legal government in Honduras and condemning the administration's pro-Chavez policies. He said he will vote for it and speak out when he can. There is not a whole lot else he can do over the phone.

I'm confused.

By "legal government" you mean the guy that was just ousted?

95 DaddyG  Mon, Jun 29, 2009 9:44:26am

re: #65 alegrias

* * *
Probably the best investment there is! I envy you for your brilliant family planning!

My only problem is getting them fed and clothed and educated and raised! (According to my wife I'll figure it out - I always do).

96 Buck  Mon, Jun 29, 2009 9:44:30am

re: #86 avanti

A lot of people invested say a million, took out over that, but lost another million on paper. The court will try to take some money back from some investors that made false profit money and pulled it out.

Right... and they paid taxes on the money they earned on paper. The IRS owes a huge chunk of change in refunds...

97 tokyobk  Mon, Jun 29, 2009 9:44:40am

I wish him a long, long life.

May he liver to 100 to enjoy his little cage for a good three decades.

The only thing I wonder is will those who thought they made money with him all of a sudden have to give it back?

98 lawhawk  Mon, Jun 29, 2009 9:44:41am

re: #25 Ward Cleaver

But since it's 5-4, the libs will discount it.

It may have been 5-4, but the Court questioned the single paragraph to affirm the lower court case as being insufficient to discuss the merits of the case. The dissent contemplated proffering a vacate and remand to the lower court to get a full opinion.

The Supreme Court devoted 100 pages to the opinion. The 2d Circuit on which Sotomayor ruled? 1 paragraph.

In other words, the Supreme Court thought that this case was more important than the 2d Circuit considered. That's an avenue of discussion for the confirmation hearing since it will be interesting to see how and why Sotomayor chose to issue a single paragraph as an explanation of the court's opinion.

99 soxfan4life  Mon, Jun 29, 2009 9:45:00am

re: #90 subsailor68

If there was any question as to whether or not Social Security is a Ponzi scheme, this should help answer it:

Ida May Fuller

From the SSA's own web site:

Ida May Fuller worked for three years under the Social Security program. The accumulated taxes on her salary during those three years was a total of $24.75. Her initial monthly check was $22.54. During her lifetime she collected a total of $22,888.92 in Social Security benefits.

So, it would appear that the $22,864.17 above what she "invested" had to be paid by future "investors".

Yep, that's a Ponzi scheme. And now that the baby boomers are hitting retirement....oops, we're running out of new investors.


Just wait until the Dems make illegals eligible to collect benefits. I might be able to collect at 90.

100 Kosh's Shadow  Mon, Jun 29, 2009 9:45:01am

re: #79 Iron Fist

It has always bothered me that prison rape was and is looked at as part of the punishment. By that same token, someone who shanks a guy in the yard is just contributing his part for the criminal justice system.

To me, it depends on the crime.
Madoff deserves to work with all the money going to his victims. He can't pay them enough, but it would give him appropriate punishment.

To a child molester, though, prison rape is some form of justice.

101 Nevergiveup  Mon, Jun 29, 2009 9:45:02am

re: #96 Buck

Right... and they paid taxes on the money they earned on paper. The IRS owes a huge chunk of change in refunds...

That's a hot one

102 BARACK THE VOTE  Mon, Jun 29, 2009 9:45:07am

re: #37 Ben Hur

Due Diligence.

Learn it.
Love it.
Live it.

Updinged for the Fast times at Ridgemont High ref.

103 DaddyG  Mon, Jun 29, 2009 9:45:10am

re: #65 alegrias

* * *
Probably the best investment there is! I envy you for your brilliant family planning!

Heh. and with 7 kids I've never been accused of family planning before. Thanks!

104 [deleted]  Mon, Jun 29, 2009 9:45:28am
105 JustABill  Mon, Jun 29, 2009 9:45:31am

re: #82 opnion

Yup, that is why elections have consequences. Soto Mayor seems to be very racial centric & not pocess the detached objectivity that is important to interpret the intent of the law & Constitution.
Everybody brings their own biases, but she seems to embrace hers.

It will be interesting to see how she works with the court, (assuming she is approved) after the beat down they just gave her firefighter decision...

106 J.D.  Mon, Jun 29, 2009 9:45:48am

re: #96 Buck

Right... and they paid taxes on the money they earned on paper. The IRS owes a huge chunk of change in refunds...

LOL!
Good luck with that!

107 Kosh's Shadow  Mon, Jun 29, 2009 9:45:54am

re: #87 Killgore Trout

Get ready to start hoarding light bulbs.....
White House announces new lighting standards

This will be like the vaunted "transparency" in his administration -
Obama will keep us in the dark.

108 Shiplord Kirel  Mon, Jun 29, 2009 9:46:06am

re: #73 alegrias

* * * **
Obama & Hillary Clinton are supporting the ANTI-Central American Free Trade Agreement person! This administration couldn't wait to meddle in & support the Hugo Chavez clone who hates America!

The administration supports the Chavez agent Zelaya, who is NOT the lawful president of Honduras. Apparently this administration backs the standard media-left position that being "democratically elected" gives a politician the right to trample on all legal and constitutional requirements; unless, of course, the politician is a Republican like Richard Nixon, who was also "democratically elected."

109 BARACK THE VOTE  Mon, Jun 29, 2009 9:46:07am

re: #87 Killgore Trout

Get ready to start hoarding light bulbs.....

Shhhh! You know there will be a run on lightbulbs now, dammit, just like on ammo!

110 Ward Cleaver  Mon, Jun 29, 2009 9:46:47am

re: #62 Ben Hur

No more laying about naked on his sofa in the bathroon overlooking the city.

Geeze, it's lunchtime here! Have some respect!

111 Mostly sane, most of the time.  Mon, Jun 29, 2009 9:46:52am

re: #109 iceweasel

Shhhh! You know there will be a run on lightbulbs now, dammit, just like on ammo!

You can have my incandescents when you pry them from my cold, dead fingers.

112 soxfan4life  Mon, Jun 29, 2009 9:46:52am

re: #100 Kosh's Shadow

To me, it depends on the crime.
Madoff deserves to work with all the money going to his victims. He can't pay them enough, but it would give him appropriate punishment.

To a child molester, though, prison rape is some form of justice.

Why shouldn't the investors be held responsible? Doing proper research would expose him as a fraud, but greed got in their way.

113 laZardo  Mon, Jun 29, 2009 9:47:08am

OT

I can't sleep after viewing such HEINOUSLY DISGUSTING MORAL EQUIVALENCY.

[rant self-deleted]

//will go play some alien-blastin' video games to vent. brb.

114 [deleted]  Mon, Jun 29, 2009 9:47:20am
115 alegrias  Mon, Jun 29, 2009 9:47:32am

re: #88 pat

There were, of course, many accomplices. A single man could not pull this off.

* * * * *
Madeoff's whole organization had to have helped. Like the whistle blower said, he went around and found out Madeoff had not made ANY trades with any major house. One outsider figured this out. How could Madeof employees not know this? Claims of innocence are not credible.

116 Capitalist Tool  Mon, Jun 29, 2009 9:47:33am

"You stole $50 Billion- Billion bucks?"

"Yes I did."

"My man!"

Bernie a hero in the joint?

117 Shiplord Kirel  Mon, Jun 29, 2009 9:47:34am

re: #94 Ben Hur

I'm confused.

By "legal government" you mean the guy that was just ousted?

I absolutely do not! Why would you suppose that? The supreme court and the congress ordered him removed.

118 Ward Cleaver  Mon, Jun 29, 2009 9:47:51am

re: #109 iceweasel

Shhhh! You know there will be a run on lightbulbs now, dammit, just like on ammo!

I'm thinking about joining the National Lightbulb Association (NLA).

/from my cold dead hands!

119 MandyManners  Mon, Jun 29, 2009 9:48:14am

re: #89 J.D.

Indeed they should.

She's not even been charged.

120 soxfan4life  Mon, Jun 29, 2009 9:48:34am

re: #118 Ward Cleaver

I'm thinking about joining the National Lightbulb Association (NLA).

/from my cold dead hands!


Waiting for the 0bama speech on comprehensive lightbulb reform.

121 JohnnyReb  Mon, Jun 29, 2009 9:48:44am

re: #79 Iron Fist

It has always bothered me that prison rape was and is looked at as part of the punishment. By that same token, someone who shanks a guy in the yard is just contributing his part for the criminal justice system.

Actually here in CT they are starting to prosecute prison rape. You see people getting charged with sexual assault quite a bit who's address is "correctional unit". IMO it is way past time.

122 Killgore Trout  Mon, Jun 29, 2009 9:48:53am

re: #94 Ben Hur

Obama Calls for Order as Honduran Military Arrests President

"I am deeply concerned by reports coming out of Honduras regarding the detention and expulsion of President Mel Zelaya," Obama said in a written statement.
.....
The White House also rejected any suggestion that the U.S. was involved in the coup, as Secretary of State Hillary Clinton said that the action taken by Zelaya "should be condemned by all."

"We call on all parties in Honduras to respect the constitutional order and the rule of law, to reaffirm their democratic vocation, and to commit themselves to resolve political disputes peacefully and through dialogue," Clinton said in a statement.


It's hard to tell but I think he's supporting the coup.

123 BARACK THE VOTE  Mon, Jun 29, 2009 9:48:59am

re: #118 Ward Cleaver

I'm thinking about joining the National Lightbulb Association (NLA).

/from my cold dead hands!

heh,-- and they WILL be cold hands, my friend, what with this climate change!

/

124 lawhawk  Mon, Jun 29, 2009 9:49:06am

re: #87 Killgore Trout

Get ready to start hoarding light bulbs.....
White House announces new lighting standards

It's yet another unfunded mandate to demand that businesses spend money on items that may or may not produce the kind of savings intended, and which could potentially cause more environmental harm than if the businesses chose to upgrade their facilities when those new technologies came of age (I'm thinking LED lighting, and not CFL). As it is, most businesses use CFL or standard fluorescent lighting in business settings.

The fact is that lighting makes up a small component of energy usage in the country. The vast majority is for HVAC, and better insulation would go a lot further, and would save more money to more people over time than mandating which light bulbs should be used.

And I say that as a CFL user who switched all the bulbs in my house to CFL when I first moved in.

Most homes, particularly those built before the 1970s are severely underinsulated, and even adding R30 insulation to the attic will make a substantial difference in just one year's time.

125 reloadingisnotahobby  Mon, Jun 29, 2009 9:49:24am

In his cell they loop "Life Styles of the Rich and Famous"
24/7 with the volume on max..........
He can weep him self to death!

126 laZardo  Mon, Jun 29, 2009 9:49:25am

re: #122 Killgore Trout

That last bit sounds more like "power-sharing."

127 Son of the Black Dog  Mon, Jun 29, 2009 9:49:26am

re: #72 Nevergiveup

You talking to us or congress?

Well obviously I wasn't talking about Congress, I used the terms "honest man" and "understand".

128 Eowyn2  Mon, Jun 29, 2009 9:49:42am

re: #113 laZardo

OT

I can't sleep after viewing such HEINOUSLY DISGUSTING MORAL EQUIVALENCY.

[rant self-deleted]

//will go play some alien-blastin' video games to vent. brb.


equivalency my deriere. thats definately anti US.

129 reloadingisnotahobby  Mon, Jun 29, 2009 9:50:21am

re: #119 MandyManners

So you think she was clueless?

130 J.D.  Mon, Jun 29, 2009 9:50:23am

New law meant to protect Floridians from future Bernie Madoffs

Gov. Charlie Crist signed House Bill 483 into law today, designed to add more protections to securities investors in the wake of the Bernie Madoff scandal. ...


I hope it works and that other states are paying attention.

131 pat  Mon, Jun 29, 2009 9:50:36am

First a run on ammo. Then light bulbs. Gasoline will be hoarded soon. Then food. Back to the days of Jimmy Carter. Ain't Obama great?

132 alegrias  Mon, Jun 29, 2009 9:50:36am

re: #95 DaddyG

My only problem is getting them fed and clothed and educated and raised! (According to my wife I'll figure it out - I always do).

* * * *
Best of luck. You will succeed!

I loved wearing hand-me-downs and eating humble peasant fare my depression-survivor relatives prepared. Grandmother even darned socks with matching thread.

Thanks for being a great parent.

133 Kosh's Shadow  Mon, Jun 29, 2009 9:50:53am

re: #108 Shiplord Kirel

The administration supports the Chavez agent Zelaya, who is NOT the lawful president of Honduras. Apparently this administration backs the standard media-left position that being "democratically elected" gives a politician the right to trample on all legal and constitutional requirements; unless, of course, the politician is a Republican like Richard Nixon, who was also "democratically elected."

This is, of course, because Obama was democratically elected. He won, and now he can do whatever he wants.
/he thinks

Anyone else think the movement to repeal the 22nd amendment will just be getting stronger?

134 opnion  Mon, Jun 29, 2009 9:50:53am

re: #105 JustABill

It will be interesting to see how she works with the court, (assuming she is approved) after the beat down they just gave her firefighter decision...

They may treat her as an inconsequential fool. I say that because a professor who seemed to know what he was talking about said that Justice Douglas was treated that way by other court members, including liberal members.

135 Ward Cleaver  Mon, Jun 29, 2009 9:51:01am

re: #129 reloadingisnotahobby

So you think she was clueless?

I thought he tried to transfer some assets into her name. That would be fishy.

136 Ben Hur  Mon, Jun 29, 2009 9:51:15am

re: #117 Shiplord Kirel

I absolutely do not! Why would you suppose that? The supreme court and the congress ordered him removed.


I was just making sure.

Your first post said:

He told me that another Republican member is about to introduce a resolution supporting the legal government in Honduras and condemning the administration's pro-Chavez policies.

At first read I thought you were supporting the ousted pres.

My bad.

137 Mad Al-Jaffee  Mon, Jun 29, 2009 9:51:16am

re: #7 Nevergiveup

Springtime for Hitler, and Germany...

138 MandyManners  Mon, Jun 29, 2009 9:51:34am

re: #129 reloadingisnotahobby

So you think she was clueless?

She did not work with him.

139 CIA Reject  Mon, Jun 29, 2009 9:51:38am

Back to work...

BBL

140 avanti  Mon, Jun 29, 2009 9:51:48am

re: #90 subsailor68

If there was any question as to whether or not Social Security is a Ponzi scheme, this should help answer it:

Ida May Fuller

From the SSA's own web site:

Ida May Fuller worked for three years under the Social Security program. The accumulated taxes on her salary during those three years was a total of $24.75. Her initial monthly check was $22.54. During her lifetime she collected a total of $22,888.92 in Social Security benefits.

So, it would appear that the $22,864.17 above what she "invested" had to be paid by future "investors".

Yep, that's a Ponzi scheme. And now that the baby boomers are hitting retirement....oops, we're running out of new investors.

Here's another:

"The earliest reported applicant for a lump-sum benefit was a retired Cleveland motorman named Ernest Ackerman, who retired one day after the Social Security program began. During his one day of participation in the program, a nickel was withheld from Mr. Ackerman's pay for Social Security, and, upon retiring, he received a lump-sum payment of 17 cents."

141 reloadingisnotahobby  Mon, Jun 29, 2009 9:51:59am

re: #135 Ward Cleaver

I think the whole family was complicit!

142 laZardo  Mon, Jun 29, 2009 9:52:05am

re: #130 J.D.

QUICK QUESTION

How do you think Crist could factor into a GOP "resurgence?"

143 irongrampa  Mon, Jun 29, 2009 9:52:21am

More fitting punishment, imho ,would be to strip Bernie to his jock strap, confiscate everything and distribute the proceeds evenly among the victims.

THEN heave him onto the sidewalk, clap him on the back and tell him "Bernie, this is America-the land of opportunity--go find one".

144 jorline  Mon, Jun 29, 2009 9:52:22am

re: #116 Capitalist Tool

"You stole $50 Billion- Billion bucks?"

"Yes I did."

"My man!"

Bernie a hero in the joint?

Will Bernie be able to run a ponzi scheme in the joint selling futures on smokes?

145 CyanSnowHawk  Mon, Jun 29, 2009 9:52:22am

re: #54 Eowyn2

Scam artists all have two things in common:
1) they think they are smarter than everyone else
2) they think they will never get caught

Questions:
Why would someone sentence a 71 yr old man to prison for 150 years?
What does that 150 yrs translate into in regards to parole eligibility?

A guy I went to high school with robbed a number of banks here in San Diego. A couple friends, one a Sheriffs Deputy, recognized him from surveillance camera footage and called it in. He got in excess of 600 years under CA's then new sentencing guidelines.

His response, printed in the local paper, was classic. "How do they expect anyone to live more than 600 years." (Or something to that effect, this happened probably 15 years ago.)

146 Occasional Reader  Mon, Jun 29, 2009 9:52:31am

re: #2 debutaunt

Cool. He can con the cons in prison.

Blue skies above
Prisoners of love...

/name that reference

147 BARACK THE VOTE  Mon, Jun 29, 2009 9:52:34am

re: #121 JohnnyReb

re: #79 Iron Fist

It has always bothered me that prison rape was and is looked at as part of the punishment. By that same token, someone who shanks a guy in the yard is just contributing his part for the criminal justice system.

Couldn't agree more with you both. Prison rape needs to be taken seriously and stop being a source of jokes-- or worse, as IF suggests, something we take for granted and even welcome as part of the punishment.

I don't like NRO, but I give them kudos for posting this, about the federal report just released about eliminating rape in prisons.

[Link: corner.nationalreview.com...]

Link to fed report in there.

I hope this report is noticed and paid attention to.

148 J.D.  Mon, Jun 29, 2009 9:52:42am

re: #119 MandyManners

She's not even been charged.

Did she work in the firm?

I'm guessing not, but I don't know.

149 Eowyn2  Mon, Jun 29, 2009 9:52:52am

re: #124 lawhawk

Long and short of it: it looks like you folks will all be paying for my insulation. can I get a new roof too?

How long before mandatory checks of insulation, light, heat?

150 Ben Hur  Mon, Jun 29, 2009 9:52:57am

re: #122 Killgore Trout

Obama Calls for Order as Honduran Military Arrests President


It's hard to tell but I think he's supporting the coup.

Sound like "Present" to me.

And it sounds like more meddling than Iran, but less than Israel.

151 alegrias  Mon, Jun 29, 2009 9:53:05am

re: #108 Shiplord Kirel

The administration supports the Chavez agent Zelaya, who is NOT the lawful president of Honduras. Apparently this administration backs the standard media-left position that being "democratically elected" gives a politician the right to trample on all legal and constitutional requirements; unless, of course, the politician is a Republican like Richard Nixon, who was also "democratically elected."

* * * **
The Honduran military toppled the guy trying to give himself another term which their Constitution limited to ONE term.

Nice try, ACORNISTA leftists--one man one vote one time

152 Shiplord Kirel  Mon, Jun 29, 2009 9:53:23am

I hate this "coup" crap coming the media use to describe the events in Honduras. It is an obvious attempt to invite a false inference, ie that the military has illegally taken over the government. This morning, AP went farther than that and called it a "power grab by the military." Tell me, AP, which Honduran general is now president? Which provisions of the national constitution have been suspended? How is any of this illegal?

153 lawhawk  Mon, Jun 29, 2009 9:53:28am

OT:
Just got a DSCC email from Bob Menendez (D-NJ), in which he notes that the GOP is raising money at an astounding rate. $14.5 million in a single night this past week. They're already talking down the fact that the Democrats are going to lose seats in 2010; the only question is just how big a hit it's going to be.

The Democrats (or at least Schumer and the DSCC) seems to know that they're going to be on the ropes soon enough, and sooner than they thought.

154 MandyManners  Mon, Jun 29, 2009 9:53:40am

re: #141 reloadingisnotahobby

I think the whole family was complicit!

Andrew and Mark, too?

155 reloadingisnotahobby  Mon, Jun 29, 2009 9:53:51am

re: #138 MandyManners

So they had a normal marriage then in their "crowd"
They never spoke of "THAT"?

156 pat  Mon, Jun 29, 2009 9:53:58am

Among clerks and court personnel, the most popular Justice is Clarence Thomas. And he remembers names of people and makes friends.

157 Walter L. Newton  Mon, Jun 29, 2009 9:54:16am

re: #124 lawhawk

It's yet another unfunded mandate to demand that businesses spend money on items that may or may not produce the kind of savings intended, and which could potentially cause more environmental harm than if the businesses chose to upgrade their facilities when those new technologies came of age (I'm thinking LED lighting, and not CFL). As it is, most businesses use CFL or standard fluorescent lighting in business settings.

The fact is that lighting makes up a small component of energy usage in the country. The vast majority is for HVAC, and better insulation would go a lot further, and would save more money to more people over time than mandating which light bulbs should be used.

And I say that as a CFL user who switched all the bulbs in my house to CFL when I first moved in.

Most homes, particularly those built before the 1970s are severely underinsulated, and even adding R30 insulation to the attic will make a substantial difference in just one year's time.

The federal gooberment better be careful on this one, because CFL and other novelty lighting will not work in live theatre, movie sets, movie studios, TV sets etc.

Any lighting that requires dimming control goes bonkers with CFL and any gas based lights.

And the lack of "instant on" is a problem too. I see CFL lighting which takes more than a minute to come to full brightness when the room is cold.

Won't work.

158 lawhawk  Mon, Jun 29, 2009 9:54:19am

re: #131 pat

First a run on ammo. Then light bulbs. Gasoline will be hoarded soon. Then food. Back to the days of Jimmy Carter. Ain't Obama great?

It's back to the future.

Now, where'd I park the Delorean? /

159 Kosh's Shadow  Mon, Jun 29, 2009 9:54:21am

re: #112 soxfan4life

Why shouldn't the investors be held responsible? Doing proper research would expose him as a fraud, but greed got in their way.

He hid a lot of information from investors who weren't experts.
Do you ask for detailed statements from your 401k company, including proof they bought the securities they claim to? Or do you rely on the SEC?
As with all Ponzi schemes, the first investors did well - so they would be good references.

160 MandyManners  Mon, Jun 29, 2009 9:54:23am

re: #148 J.D.

Did she work in the firm?

I'm guessing not, but I don't know.

From what I've read/heard, no.

161 Eowyn2  Mon, Jun 29, 2009 9:54:34am

Watch for the new blockbuster

"Weekend At Bernie's Joint"

Provocative.

162 tokyobk  Mon, Jun 29, 2009 9:54:37am

re: #147 iceweasel

I totally agree.

Rape in prison makes violent criminals more violent and our system (ironically as Madoff's lawyer correctly pointed out -- before his bum client got exactly what he deserved) is not based on an eye for an eye to its credit.

163 Land Shark  Mon, Jun 29, 2009 9:54:43am

Madoff sentenced to 150 years in jail? It's good to see some justice for a change. The guy ruined so many people's lives, it's good to see his life ruined as a result. Rot in jail, Bernie baby, rot in jail.

164 MandyManners  Mon, Jun 29, 2009 9:55:12am

re: #155 reloadingisnotahobby

So they had a normal marriage then in their "crowd"
They never spoke of "THAT"?

My mother didn't know of the telecom deals my dad did.

165 Ben Hur  Mon, Jun 29, 2009 9:55:14am

Wow, Honduras is just like America if Obama was to stay an extra term!

/Channeling the my idiot facebook friend who had "Wow, Iran is just like if Bush refused to leave! Mousavi is Obama!" as his status.

166 Kosh's Shadow  Mon, Jun 29, 2009 9:55:20am

re: #120 soxfan4life

Waiting for the 0bama speech on comprehensive lightbulb reform.

There is a lightbulb change joke in there somewhere.

167 Pigtown Water Dog  Mon, Jun 29, 2009 9:55:23am

re: #132 alegrias

I show my students my grandmom's wooden darning egg, and they laugh their heads off. Wait until there's a run on wooden darning eggs...then we're in really deep poo.

168 avanti  Mon, Jun 29, 2009 9:55:30am

re: #111 EmmmieG

You can have my incandescents when you pry them from my cold, dead fingers.

If you were nearby, you could have mine, I hate to toss out the new ones I'll never use.
I'm even changing the garage lights over to the new high efficiency tubes as they the bulbs wear out in the old ones. We just had a major rate increase, and I'm cutting costs where ever I can.

169 Ben Hur  Mon, Jun 29, 2009 9:56:00am

bbl

170 subsailor68  Mon, Jun 29, 2009 9:56:15am

re: #140 avanti

Here's another:

"The earliest reported applicant for a lump-sum benefit was a retired Cleveland motorman named Ernest Ackerman, who retired one day after the Social Security program began. During his one day of participation in the program, a nickel was withheld from Mr. Ackerman's pay for Social Security, and, upon retiring, he received a lump-sum payment of 17 cents."

Hi avanti! Yeah, I read about poor Mr. Ackerman as well. Poor guy, he invested a nickel and only got back about three times his "investment".

;-)

171 96RoadKing  Mon, Jun 29, 2009 9:56:16am

re: #146 Occasional Reader

Blue skies above
Prisoners of love...

/name that reference


The Producers

I preferred the original, with Zero Mostel, Gene Wilder, et. al.

172 laZardo  Mon, Jun 29, 2009 9:56:16am

re: #146 Occasional Reader

Hang on, I'm having a delightful romp at Bercthteasgarden.

/can't fucken spell it.

// did i guess right?

173 alegrias  Mon, Jun 29, 2009 9:56:17am

re: #131 pat

First a run on ammo. Then light bulbs. Gasoline will be hoarded soon. Then food. Back to the days of Jimmy Carter. Ain't Obama great?

* * * *
Obama has brought back the Carter Years on steroids & with a vengeance in a record 5 months.

I wish he would "Just Beat It" but that's 80s nostalgia for Reagan.

174 JustABill  Mon, Jun 29, 2009 9:56:24am

re: #134 opnion

They may treat her as an inconsequential fool. I say that because a professor who seemed to know what he was talking about said that Justice Douglas was treated that way by other court members, including liberal members.

Unfortunately an inconsequential fool on the court has the same vote as the brightest scholar on the court...

175 jorline  Mon, Jun 29, 2009 9:57:19am

re: #162 tokyobk

I totally agree.

Rape in prison makes violent criminals more violent and our system (ironically as Madoff's lawyer correctly pointed out -- before his bum client got exactly what he deserved) is not based on an eye for an eye to its credit.

Bernie Madoff
Screwer to screwy

176 Shiplord Kirel  Mon, Jun 29, 2009 9:57:30am

re: #133 Kosh's Shadow

This is, of course, because Obama was democratically elected. He won, and now he can do whatever he wants.
/he thinks

Anyone else think the movement to repeal the 22nd amendment will just be getting stronger?

I wonder. Will Obama and ACORN have help from the Venezuelan air force if they try to stage their own sham election and give the Zero a third term in 2016? Ridiculous? Sure, but it is no different from what they are trying to force on the people of Honduras. After all, the One was "democratically elected."

177 J.D.  Mon, Jun 29, 2009 9:57:42am

re: #142 laZardo

QUICK QUESTION

How do you think Crist could factor into a GOP "resurgence?"

He seems well-liked so far, and no real skeletons have surfaced, so maybe.

178 lawhawk  Mon, Jun 29, 2009 9:57:52am

re: #157 Walter L. Newton

The federal gooberment better be careful on this one, because CFL and other novelty lighting will not work in live theatre, movie sets, movie studios, TV sets etc.

Any lighting that requires dimming control goes bonkers with CFL and any gas based lights.

And the lack of "instant on" is a problem too. I see CFL lighting which takes more than a minute to come to full brightness when the room is cold.

Won't work.

I've seen it take well more than a minute to see those lights get to full brightness, and they wouldn't work in hallways where you need full brightness instantly.

New dimmable CFLs are being made, but they're expensive. CFLs also have issues with outdoors. LED technology is likely the wave of the future, but pushing CFLs to the exclusion of all else is foolish. It's like the government choosing that the successor to the VHS had to be Betamax, even though DVD was already on the horizon.

179 reloadingisnotahobby  Mon, Jun 29, 2009 9:58:02am

re: #164 MandyManners

Point taken..........

180 irongrampa  Mon, Jun 29, 2009 9:58:06am

re: #168 avanti

We have hi-intensity flouros in my shop, and they have a huge problem in the unheated part about starting in the winter. aside from that, i like the added lite they throw.

181 albusteve  Mon, Jun 29, 2009 9:58:26am

re: #168 avanti

If you were nearby, you could have mine, I hate to toss out the new ones I'll never use.
I'm even changing the garage lights over to the new high efficiency tubes as they the bulbs wear out in the old ones. We just had a major rate increase, and I'm cutting costs where ever I can.

have you been hounding your congressman to open up regs for new nuclear plants?....what was their response?

182 alegrias  Mon, Jun 29, 2009 9:58:35am

re: #142 laZardo

QUICK QUESTION

How do you think Crist could factor into a GOP "resurgence?"

* * * *
Crist voted FOR Obama's stimulus. He's a wishy washy wannabe.

Ugh. Much Prefer the attractive young, vigorous Marco Rubio who is a tax cutter and Cuban American.

183 Kosh's Shadow  Mon, Jun 29, 2009 9:58:45am

re: #149 Eowyn2

Long and short of it: it looks like you folks will all be paying for my insulation. can I get a new roof too?

How long before mandatory checks of insulation, light, heat?

A lizard said this is in the crap and trade bill that was passed last week. Houses would have to meet CA standards to be sold.
There goes all the historic houses in the country.

184 jones  Mon, Jun 29, 2009 9:58:51am

Will Obama give him Marc Rich treatment?

185 Son of the Black Dog  Mon, Jun 29, 2009 9:59:18am

re: #96 Buck

Right... and they paid taxes on the money they earned on paper. The IRS owes a huge chunk of change in refunds...

Surprise! You can only file amended returns three years back. The Feds can go back a lot farther (not sure how long) to recover assets for distribution by the bankruptcy court to all defrauded investors. Good luck recovering the taxes paid on that money over the years.

186 alegrias  Mon, Jun 29, 2009 10:00:09am

re: #167 Pigtown Water Dog

I show my students my grandmom's wooden darning egg, and they laugh their heads off. Wait until there's a run on wooden darning eggs...then we're in really deep poo.

* * * *
Thank you for mentioning the "darning egg" -- I didn't know the name for it. That's what my Spanish grandmother used to mend socks.
Treasure that thing.

187 BARACK THE VOTE  Mon, Jun 29, 2009 10:00:11am

re: #162 tokyobk

I totally agree.

Rape in prison makes violent criminals more violent and our system (ironically as Madoff's lawyer correctly pointed out -- before his bum client got exactly what he deserved) is not based on an eye for an eye to its credit.

It's awful. I read a report from Human rights watch years ago about rape in the US prison system, and the way the guards and authorities ignore it or tacitly accept or encourage it-- they believe it keeps the prison calmer!

From 2001:

[Link: www.hrw.org...]

The many witness accounts will give you nightmares. I had nightmares. It's taken this long for a federal report to be finished-- I hope it has some affect.

188 J.D.  Mon, Jun 29, 2009 10:00:44am

re: #149 Eowyn2

Long and short of it: it looks like you folks will all be paying for my insulation. can I get a new roof too?

Sure! And a pool!

189 laZardo  Mon, Jun 29, 2009 10:00:54am

re: #182 alegrias

There was a part on this Wikipedia article that suggested Florida might have swung to Bush in 2000 based on the Cuban-Americans-pissed-at-Elian-being-sent-back vote.

These guys know Communism when they see it.

190 avanti  Mon, Jun 29, 2009 10:01:13am

re: #170 subsailor68

Hi avanti! Yeah, I read about poor Mr. Ackerman as well. Poor guy, he invested a nickel and only got back about three times his "investment".

;-)

If you think about it, those returns to early investors probably pales to the typical return. I started getting about 14K/year at age 55, if I live just into my 70's I'll be well over even.

191 Mad Al-Jaffee  Mon, Jun 29, 2009 10:01:18am

OT - I've been having problems with my wireless router at home. It crashes all the time and I have to restart the computer and/or reset the router. My housemate (who uses my wireless setup with her laptop for internet access) has offered to pay for a new router. Can anyone recommend one?

192 Shiplord Kirel  Mon, Jun 29, 2009 10:01:22am

I have an idea: Instead of tea parties, we can have a "Bush third term" referendum, vote on whether the One should step down and be replaced by GWB.
It is a sure thing if we have our own community activists and other operatives conduct the polling and a friendly foreign military prints and distributes the ballots.

193 lawhawk  Mon, Jun 29, 2009 10:01:33am

re: #152 Shiplord Kirel

I hate this "coup" crap coming the media use to describe the events in Honduras. It is an obvious attempt to invite a false inference, ie that the military has illegally taken over the government. This morning, AP went farther than that and called it a "power grab by the military." Tell me, AP, which Honduran general is now president? Which provisions of the national constitution have been suspended? How is any of this illegal?

I can honestly say I don't know all that much about the situation in Honduras, but the President illegally sought a referendum that was in violation of the Honduran Constitution. Action was taken against him to prevent the referendum from going through. That action was legal. The President is a flunky of the [T]hugo Chavez brand. The government in Honduras wasn't going to play that way, even as Chavez was threatening action of his own.

The only person that appears to have acted illegally was the President of Honduras, not the Courts or the Legislature or the military.

194 DaddyG  Mon, Jun 29, 2009 10:01:39am

re: #152 Shiplord Kirel

I hate this "coup" crap coming the media use to describe the events in Honduras. It is an obvious attempt to invite a false inference, ie that the military has illegally taken over the government. This morning, AP went farther than that and called it a "power grab by the military." Tell me, AP, which Honduran general is now president? Which provisions of the national constitution have been suspended? How is any of this illegal?

The Honduran Government should put out a press release thanking their former president for his service and announcing that they were honoring him with a millitary escort on his way out of office.

195 [deleted]  Mon, Jun 29, 2009 10:01:39am
196 Cygnus  Mon, Jun 29, 2009 10:01:50am

re: #11 MandyManners

Where did the money go?

Narnia. To finance the latest Calormene war - Madoff and the Tisroc are good buddies!

/for all you C.S. Lewis fans

197 debutaunt  Mon, Jun 29, 2009 10:01:59am

re: #7 Nevergiveup

Every see "The Producers"?

Springtime for Madoff.

198 J.D.  Mon, Jun 29, 2009 10:02:16am

re: #153 lawhawk

So there really is hope!

And I thought that was just a slogan.

199 opnion  Mon, Jun 29, 2009 10:02:48am

re: #174 JustABill

Unfortunately an inconsequential fool on the court has the same vote as the brightest scholar on the court...

Right, but this will be a lib for a lib. The difference here is that Sotomayor seems commited to having race influence her legal reasoning.

200 DaddyG  Mon, Jun 29, 2009 10:03:26am

re: #186 alegrias

* * * *
Thank you for mentioning the "darning egg" -- I didn't know the name for it. That's what my Spanish grandmother used to mend socks.
Treasure that thing.


One of my favorite family antiques is a brass mold for bullet shaped objects. Most people guess bullets so its fun to tell them it was for making suppositories.

201 laZardo  Mon, Jun 29, 2009 10:04:29am

re: #152 Shiplord Kirel

"Coup" is a generic buzzword often used to describe such a regime change in Latin/South America, practically traditional. It's not a "succession" (e.g. Castro brothers) or a "democratic election," so apparently there's only one option left.

202 Wendya  Mon, Jun 29, 2009 10:04:37am

re: #51 Shiplord Kirel


Somewhat to my surprise, I got the man himself on the phone. He agreed with me that it is an outrage and promised to do what he could.

Good. It's a complete outrage that Obama keeps prattling on about the rule of law when Zelaya was removed and deported in full compliance with the Honduran Constitution. The government was preventing a coup, not executing one. Republicans and Democrats need to stand up and call out Obama on this massive screw up.

203 Kosh's Shadow  Mon, Jun 29, 2009 10:04:44am

re: #191 Mad Al-Jaffee

OT - I've been having problems with my wireless router at home. It crashes all the time and I have to restart the computer and/or reset the router. My housemate (who uses my wireless setup with her laptop for internet access) has offered to pay for a new router. Can anyone recommend one?

I'm using one of the newer Linksys ones, and it generally works. Occasionally (maybe once a few weeks) I have to reboot it, but that's it.
(My Vista machine keeps dropping the connection, despite being in the same room, but that's Vista; the Mac has been reliably keeping connected now, although it did have some problems a few updates ago.)

204 subsailor68  Mon, Jun 29, 2009 10:04:45am

re: #190 avanti

If you think about it, those returns to early investors probably pales to the typical return. I started getting about 14K/year at age 55, if I live just into my 70's I'll be well over even.

I haven't really looked into it, but that sounds about right for me as well. It might be fun to see if we can find any legit stats on how many folks are above and below that break even point (e.g., I read somewhere that African Americans tend to pay in more than they get back, while white women tend to live long enough to more than break even - if I can find that link I'll let ya know.)

205 BARACK THE VOTE  Mon, Jun 29, 2009 10:04:48am

re: #195 Iron Fist

A full, unconditional pardon? Not likely. This guy was heap big fish. He'll spend the rest of his life behind the razorwire.

Damn straight. No way is that guy going to walk. Never.

/never mind that Obama is aiding and abetting lots of other Wall St thieves to walk...

206 Zimriel  Mon, Jun 29, 2009 10:04:57am

re: #46 Creeping Eruption

They'll have to dig him up for the parole hearing, but no bother.

I was wondering about that. When he finally goes to his eternal reward, leaving aside for now where that might be, do they store his earthly remains at the prison for the remainder of his sentence?

207 J.D.  Mon, Jun 29, 2009 10:05:52am

re: #158 lawhawk

It's back to the future.

Now, where'd I park the Delorean? /

Was it silver? /

208 avanti  Mon, Jun 29, 2009 10:05:52am

re: #180 irongrampa

We have hi-intensity flouros in my shop, and they have a huge problem in the unheated part about starting in the winter. aside from that, i like the added lite they throw.

They are slow to warm up when it's really cold, but I have to wait for the furnace to catch up anyway before I go to work. I too like them a lot, especially the solid state ballast. My old ones would fail, overheat and drop tar before tripping the circuit breaker.

209 Wendya  Mon, Jun 29, 2009 10:06:17am

re: #122 Killgore Trout


It's hard to tell but I think he's supporting the coup.

There was no coup.

210 Broomer  Mon, Jun 29, 2009 10:06:19am

re: #191 Mad Al-Jaffee

OT - I've been having problems with my wireless router at home. It crashes all the time and I have to restart the computer and/or reset the router. My housemate (who uses my wireless setup with her laptop for internet access) has offered to pay for a new router. Can anyone recommend one?

I recommend this:
[Link: www.buffalotech.com...]

211 [deleted]  Mon, Jun 29, 2009 10:06:38am
212 Mad Al-Jaffee  Mon, Jun 29, 2009 10:06:38am

re: #203 Kosh's Shadow

Thanks. I'll tell her she should look at Linksys.

213 J.D.  Mon, Jun 29, 2009 10:08:27am

re: #160 MandyManners

From what I've read/heard, no.

I think Dennis Kowalski's wife wasn't prosecuted.
I can't remember, really, any who were.

214 Cygnus  Mon, Jun 29, 2009 10:09:04am

re: #74 reloadingisnotahobby

NO HAIR DRESSER!?
The F*CKING HORROR/////////////

I have a better idea - give him Kim Jong (Makes Me) Ill's hairdresser.

215 SummerSong  Mon, Jun 29, 2009 10:09:27am

re: #87 Killgore Trout

Get ready to start hoarding light bulbs.....
White House announces new lighting standards

I had an energy efficient bulb in my desk lamp. It recently made a loud "POP" and started smoking out the top. Ruined the lampshade and scared me half to death.

216 J.D.  Mon, Jun 29, 2009 10:09:50am

re: #161 Eowyn2

Watch for the new blockbuster

"Weekend At Bernie's Joint"

Provocative.


Why didn't I think of that?
They can prop him up and he'll be able to serve the entire 150 years!

I feel so much better.

217 Land Shark  Mon, Jun 29, 2009 10:10:12am

re: #177 J.D.

He seems well-liked so far, and no real skeletons have surfaced, so maybe.

As a Florida resident and registered Republican, I like Charlie Crist. He's popular for the most part with voters of both parties. While I admit on a couple of issues he's more of a moderate than I would like, I feel he's a competent executive who does a good job for us Floridians. I understand Crist is going to run for the US Senate in 2010.

Another former Florida governor I like a lot is Jeb Bush. Yeah, he's a Bush and I'm sure there's no shortage of people on both sides who would cringe at the thought of a third Bush in the White House, but he was an outstanding governor IMO. He was re-elected by one of the largest margins ever in Florida elections history and was well liked by most Floridians. He was very effective in crisis response, he was the governor during the '04 and '05 hurricane seasons when we got clobbered by several major storms and his clear leadership helped minimize the trauma, respond to the disasters and keep the state functioning despite the severity of the storms. Partly thanks to him, Florida's effective disaster response stands in sharp contrast with Louisiana's pathetic, non existent response to Hurricane Katrina.

218 pre-Boomer Marine brat  Mon, Jun 29, 2009 10:10:55am
the 71-year-old defendant ... said he ... knew he must live “with this pain, this torment, for the rest of my life.”

This is between you and God now, Mr. Madoff.
May you "see fit" to let him have mercy upon your soul.

219 J.D.  Mon, Jun 29, 2009 10:10:55am

re: #166 Kosh's Shadow

There is a lightbulb change joke in there somewhere.

Where's buzzsawmonkey when you need him?

220 debutaunt  Mon, Jun 29, 2009 10:11:19am

re: #86 avanti

A lot of people invested say a million, took out over that, but lost another million on paper. The court will try to take some money back from some investors that made false profit money and pulled it out.

False profits and actual losses. hmmmmmm.

221 Summer Seale  Mon, Jun 29, 2009 10:11:26am

May a pot of flowers grow on his head!

(Not bad for a shiksa, right? =) )

222 J.D.  Mon, Jun 29, 2009 10:13:04am

You know... at his lab at Thomas Edison's winter estate in Ft. Myers, FL, there are incandescent bulbs that he configured still burning today.

223 pre-Boomer Marine brat  Mon, Jun 29, 2009 10:13:37am

re: #166 Kosh's Shadow

There is a lightbulb change joke in there somewhere.

A member of Congress can only change a lightbulb which is mounted base-up (such as, on the ceiling.)

He or she is incapable of "screwing down".

224 saberry0530  Mon, Jun 29, 2009 10:13:49am

re: #214 Cygnus

I have a better idea - give him Kim Jong (Makes Me) Ill's hairdresser.

Isn't that the same one that Don King has?

225 Cygnus  Mon, Jun 29, 2009 10:17:08am

re: #87 Killgore Trout

Get ready to start hoarding light bulbs.....
White House announces new lighting standards

Better break out the whale-oil lamps...oh, wait...PETA would have a fit.

226 Buck  Mon, Jun 29, 2009 10:18:51am

re: #185 Son of the Black Dog

Surprise! You can only file amended returns three years back. The Feds can go back a lot farther (not sure how long) to recover assets for distribution by the bankruptcy court to all defrauded investors. Good luck recovering the taxes paid on that money over the years.

Even three years is a serious amount of money. They were earning 10% per month... and paying taxes on that every year.

I predict the government will go back further... maybe as much as seven years.

227 Son of the Black Dog  Mon, Jun 29, 2009 10:20:50am

re: #218 pre-Boomer Marine brat

This is between you and God now, Mr. Madoff.
May you "see fit" to let him have mercy upon your soul.

Given the number of charities he ripped off, God may not look upon him favorably.

228 J.D.  Mon, Jun 29, 2009 10:21:36am

re: #217 Land Shark

I've only been here 3 years, so I'm learning my way around. I know everyone liked Jeb. I think he was actually the one who was expected to run for President. I haven't heard any complaints about Crist, really. On the stimulus money... I suppose it makes sense to take it, when it's offered, which it should never have been.

229 J.D.  Mon, Jun 29, 2009 10:23:21am

re: #223 pre-Boomer Marine brat

A member of Congress can only change a lightbulb which is mounted base-up (such as, on the ceiling.)

He or she is incapable of "screwing down".

Heh.
I meant to say "Where are buzzsawmonkey and pre-Boomer Marine brat when you need them?"

230 debutaunt  Mon, Jun 29, 2009 10:32:56am

re: #120 soxfan4life

Waiting for the 0bama speech on comprehensive lightbulb reform.

Lightbulb Czar.

231 debutaunt  Mon, Jun 29, 2009 10:34:28am

re: #122 Killgore Trout

Obama Calls for Order as Honduran Military Arrests President


It's hard to tell but I think he's supporting the coup.

Some declarative sentences would be appreciated.

232 J.D.  Mon, Jun 29, 2009 10:35:55am

re: #230 debutaunt

Lightbulb Czar.

Jeffrey Imelt!

233 pre-Boomer Marine brat  Mon, Jun 29, 2009 10:38:46am

re: #229 J.D.

Heh.
I meant to say "Where are buzzsawmonkey and pre-Boomer Marine brat when you need them?"

*un-manly blush*
Thank you!

234 Land Shark  Mon, Jun 29, 2009 10:42:12am

re: #228 J.D.

I really don't know if Jeb will make a run for President or any public office. He seemed very determined to stay out of politics when he left office after his 2 terms as governor of FLA, but you never know what can happen.

I don't hold it against Crist that he wanted to take the stimulus money. He's doing what he thinks is best for the people of the state in my opinion.

235 kansas  Mon, Jun 29, 2009 10:43:21am

re: #50 opnion

She has been overturned quite a bit. It is odd to nominate someone to the court who has been reversed so often by the same court.

Makes sense to me. She was nominated by someone who reverses himself almost daily.

236 J.D.  Mon, Jun 29, 2009 10:45:35am

re: #234 Land Shark

Exactly.
Which is what he was elected to do.

237 buster  Mon, Jun 29, 2009 10:57:36am

re: #67 J.D.

I gotta think that she and the kids are up to their necks in this scam, and should be prosecuted with equal vigor

238 StillAMarine  Mon, Jun 29, 2009 11:07:03am

I think that after his sentence here on Earth is done, may he serve another 150 years in Gehenna, or until he develops a conscience - whichever is later.

As far as his wife and kids are concerned, they seem to get off. Well, they do call it the "criminal" justice system. Yes, it is indeed criminal.

239 nyc redneck  Mon, Jun 29, 2009 11:11:07am

great news. he is a low down con man in an expensive suit.
the trappings of wealth and class let him play out his exclusive ponzi scheme.
but he is no different really, than a bum on canal street who sets up the shell game on a card board box.

240 _RememberTonyC  Mon, Jun 29, 2009 12:07:35pm

There are Two "Bottom Lines" ...

1. Many of his victims were charities
2. He fucked over Elie Wiesel, the world's most famous Holocaust survivor.

Hell doesn't have a spot hot enough for this asshole.

241 BARACK THE VOTE  Mon, Jun 29, 2009 12:10:34pm

re: #240 _RememberTonyC

There are Two "Bottom Lines" ...

1. Many of his victims were charities
2. He fucked over Elie Wiesel, the world's most famous Holocaust survivor.

Hell doesn't have a spot hot enough for this asshole.

Yes, The fucker bankrupted Wiesel personally and his foundations.

No pit in hell deep enough....

242 Sergeant Major  Mon, Jun 29, 2009 1:11:46pm

I have NO money to INVEST my military retirement is being taxed by the fed govt....thank God the state I retired in doesn't tax it.

243 Flavia  Mon, Jun 29, 2009 2:46:05pm

re: #10 Dianna

I'm sorry, but prison rape just isn't funny.

In addition, he's 71 years old. I doubt there will be much interest.

I agree it's not funny, but that sort of thing isn't about "interest", in prison or out: it's about power & abuse.

He deserves punishment, and I more than agree with all the other Lizards who say he should have to pay back every dime, but abuse like that is something else.

244 Sergeant Major  Mon, Jun 29, 2009 4:19:32pm

re: #243 Flavia

I agree it's not funny, but that sort of thing isn't about "interest", in prison or out: it's about power & abuse.

He deserves punishment, and I more than agree with all the other Lizards who say he should have to pay back every dime, but abuse like that is something else.

I don't condone what may happen to him but, you reap what you sew

245 tommygum  Mon, Jun 29, 2009 4:49:22pm

The Feds should try to make it up to Madoff.

Let him keep his belt and shoelaces.

246 IMissReagan  Mon, Jun 29, 2009 6:02:47pm

I don't think he should have received a prison sentence. I think the punishment should be one lash for every dollar he swindled.

Okay, enough fantasy. I'm quite happy the judge sentenced him to the maximum. Although it certainly won't be enough to repay his victims, I hope every asset he owns is sold off and that includes assets belonging to his wife.

247 swamprat  Mon, Jun 29, 2009 7:16:08pm

You know, you have to admire Bernie;
His closest peer is Billie Sol Estes, and Billie had much closer ties to the then president, as well as cousin who was govenernor.


Anyway, here is the ballad of Billie Sol Estes;
Music by Chad Mitchell Trio, but good luck finding it.

Billie Sol Estes, we're proud of you son
You had to be Texan to do what you done
While other kids saved up their nickels and dimes
For jellybeans, liq'rice, and fudge,

Well Billie saved too
And when he had enough
He bought him a federal judge!

While still in his teens he was very perplexed
as to what field his fortune was hid
His uncle suggested he go into steeal
And that's just what Billie boy did!

Billie Sol Estes, that boy really cooks
He had one shining purpose
And two sets of books

There once was a senator Bill tried to bribe
So Bill had a wonderful notion
( what a friend we have in Bill-ie!)
He sent him a yacht but that wasn't enough
So Billie boy threw in an ocean!

Billie Sol Estes, we're proud of you mate
It's hombres like you that make Texas so great
B is for the billions he's been bilkin'
Good ole billion bilkin' Billie!
I is to indemnify his loss
They use a lot of ammonia up there, Billie —
That's why they call it the White House.
L is for the loans from Uncle Sammy
Why, thank ye, Cousin Orville!
Then double L just like in double cross
I is for the interest he's accruin'
Praise the Lord and pass the fertilizer, Billie!
E is for the eggheads he outsmarts
Put them all together, you've got Billie Sol
Whose initials are emblazed on our hearts:
B.
S.

Billie Sol Estes, we're proud of you boy
Next to you Jimmy Hoffa is Lord Fauntleroy
Now they're gonna take Billie away to the clink
And the way things look now it appears
For all of the wheelin' and dealin' he's done
He'll get three thousand four hundred years

And the day they lead old Billie away
Why, each Texan will take off his hat
For who but a Texan
In all this wide world
Could pull down a sentence like that?

Billie Sol Estes, you're really a doll
There's Houston — and Crockett—
And now Billie Sol!
And remember, Billie boy,
We're behind you all the way —
Me and Ladybug

248 BIGDUKE 6  Mon, Jun 29, 2009 10:15:57pm

From the film "The Brinks Job" :
Judge: "Young Man , you are sentenced to 25 years for robbery"
Warren Oates :(tearfully) " Yer Honor , I can't do no 25 years !"
Judge: "Well then do as much of it as you can Son"

249 RexMundi  Tue, Jun 30, 2009 12:41:58am

I've been so upset over what Madoff did that I can never have a rational discussion about it. I will now restrain myself in this comment so I do not get banned as well.

Thank you, that is all.


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