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NYT's idea of a joke

by: Hopeful

Thu Nov 04, 2010 at 11:38:11 PM EDT



The New York Times profiles the Commodity Futures Trading Commission:

Granted, the C.F.T.C., like its bigger cousin, the Securities and Exchange Commission, often reels in relatively small fish. One recent case centers on what it calls the Aloha scam - a $3 million suspected Ponzi scheme in Hawaii that the agency says was overseen by a man in prison. Bernie Madoff, this is not.

When the NYT thinks it's odd that someone would bother to investigate the theft of $3 million you know our media and society are sick.  

(I do wonder about those gold ads pitched to conservatives.  Interesting to see if those guys end up in jail too.)

Hopeful :: NYT's idea of a joke
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yeah, it's not really Jersey centric (0.00 / 0)
Don't knock those gold ads (0.00 / 0)
A lot of money is being made.  According to the current Newsweek Glenn Beck earns $5 million from endorsing products like Goldline. Unfortunately, many investors are not doing anywhere near as well.

It's inappropriate for the NYT to be so flippant about Ponzi schemes given the number of New Yorkers and others who lost so much from Madoff. (But I guess I was just flippant about the gold scam.)

"The work goes on, the cause endures, the hope still lives, and the dream shall never die." - Sen. Ted Kennedy


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