Feds can’t properly regulate one crooked financier, even after multiple complaints, seeks to take over health industry.
Sounds about right.
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Bernie Madoff grew his pyramid crime during the Republican era. After Obama’s election, at the very start of the begining of the long needed rehabilitation of the SEC, Madoff gave up. Good government gets good results. Surprise!
Similarly, every other industrialized nation has national healthcare, pays half as much for care as we do, and gets better results. So can we.
As conservatives know, we have to watch our government or it goes bad and worse, and as conservatives know, good government works: interstate highways, Internet, WWII, weather satellites, national standards for time and all measures, water & power utilities… or maybe we want public power regulated by Enron instead of government, and food… or did we try that already?
From the article: “The U.S. Securities and Exchange Commission repeatedly missed chances to catch Bernard Madoff’s $65 billion fraud over 16 years”
Hmmmm… 16 years. “Republican era”
Idiot.
Insults only discredit you; please restrain yourself.
We had a set of Republican administrations, then Clinton’s Republican Lite and Republican Congress, then the utter disasters of Bush.
I didn’t say that Madoff started in 1999; I wrote, “Bernie Madoff grew his pyramid crime during the Republican era.”
Like any pyramid scheme, it grew more bloated and more obvious and more inexcusably difficult to ignore in each successive administration.
The timing of Madoffs surrender may have been coincidence; I seem to have touched a nerve.