Political commentary, opinion & insight into the state of the United States of America.

These are the best architects of Ponzi schemes. Madoff is a piker. FDR started the trend with social security. Remember a Ponzi scheme is based on the FIFO inventory model. I’m sure the early investors with Madoff got their money back. Not the principal, but the total investment. With guaranteed 10% a year returns, if Read the full article…