Thursday, June 14, 2012

CHOOSE YOUR VICTIMS WISELY

Texas financier R. Allen Stanford was sentenced today to 110 years in the pokey for swindling wealthy but gullible investors out of 7 billion dollars in a Ponzi scheme. Three years earlier NY financier Bernie Madoff began his 150 year sentence for his 65 billion dollar Ponzi scheme fleecing an even larger group of gullable, wealthy investors.

Sadly we have yet to witness a single perp walk of the numerous institutional banksters who swindled, not the wealthy, but the hard working middle class, out of trillions, and nearly capsized the entire economy in 2007 and 2008.

Moral of the story: If you want to avoid the hoosegow and still get your big fat bonus...don't swindle the rich.

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