Tim Geithner and Bernie Madoff: A Tale of Two Counterfeiters
December 13th, 2011
Bernie Madoff ran a $50 billion Ponzi scheme, cheating hundreds of people and organizations– including charities– out of money and destroying their retirement savings. This was called the biggest Ponzi scheme in history.
Tim Geithner worked as President of the Federal Reserve Bank in New York and currently serves as the nation’s Treasury Secretary– both have cheated millions of people and organizations out of trillions of dollars, destroying their retirement savings, job opportunities, economic growth, and casting an ominous shadow over the future of the entire world. This is actually the biggest Ponzi scheme in history.
Bernie Madoff was a well-respected pillar of his community and he was involved in numerous charities– he was simply seduced by the possibility of endless wealth and all the good he could do with it (and why not profit on the side a little?).
Tim Geithner professes the best of intentions as well, hoping to improve unemployment, stabilize prices, and foster economic growth, but like Madoff, his actions have only hurt people. The only difference is how many more people have been hurt and how much worse they’ve been hurt– Geithner’s good intentions have paved our way to economic hell.
Bernie Madoff is now one of the most hated men in America, his name and reputation have been tarnished, and he is serving a 150 year prison sentence for his $50 billion fraud. Some people think he got off easy.
Tim Geithner‘s key role in the Federal Reserve and U.S. Treasury’s multi-trillion dollar fraud has also landed him a life sentence in prison. He is one of the most hated men in America, and his reputation has been blackened forever…
Just kidding! Tim Geithner remains one of the most powerful men in America, working directly for the U.S. President and riding in lavish, police escorted, limo motorcades, which hold up traffic even in other countries, where Timothy Geithner is treated like royalty. Does this make ANY sense at all??
“But how is this legal plunder to be identified? Quite simply… See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.”
-Frederic Bastiat, French political economist
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