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Home » News » Energy

Monday, January 5, 2009

Congress digs into Madoff scandal today

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HCY727

Congress gets its first crack today at the $50 billion financial fraud involving Wall Street investing legend Bernard Madoff, with Democrats vowing to use the scandal to spur an overhaul of the government's financial regulatory system. This Congress is going to bailout the Madoff investors. This is going to cause a backlash like you have never seen before. When they bailout these political or moneyed investors that thought that they were smarter then the rest of us I expect that every one of us who lost money in our investments should get bailed out also. I’m down 800 thousand but that was the risk that I took. Investments go up and down! That’s the way the cookie crumbles. I want a fair playing field and no special treatment for any investors. No more bail outs. We need to see where the first bail out money went! Investigate Fannie, Freddie and Sub-Prime. Investigate then Prosecute the enablers in this Fraud. Barney Frank, Chris Dodd, Chuck Schumer, Maxine Walters and the rest of them that were involved creating this Global Finical Collapse. Fine them and give them jail time just like Enron and World Com. This is a much bigger fraud on the people of the world. I want Justice to be done! DO NOT LET THEM BAILOUT THE MADOFF INVESTORS! That would really start riots in the streets. I’m mad as He** and won’t take it any more. I want to see these people go to jail!
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