While The Big Three And The UAW Are Being Squeezed To Death.
If you need more proof that the United States is just a banana republic with its elites ensconced on Wall Street, look at the story that broke yesterday about Bernie Madoff, a revered fixture on Wall Street for over 40 years, former chairman of the Nasdaq Stock Market, and founder/owner of Bernard L. Madoff Investment Securities LLC, which up until yesterday Bernie described on the company website thusly:
"In an era of faceless organizations owned by other equally faceless organizations, Bernard L. Madoff Investment Securities LLC harks back to an earlier era in the financial world: The owner's name is on the door. Clients know that Bernard Madoff has a personal interest in maintaining the unblemished record of value, fair-dealing, and high ethical standards that has always been the firm's hallmark."
Bernie had a little different description of the company this week when he told employees that his investment advisory business was "a giant Ponzi scheme" that cost clients $50 billion before two FBI agents showed up at his Manhattan apartment.
And even with Bernie’s matter-of-fact "fuck you" to his clients and to Wall Street’s (already fecal) reputation, the servile FBI goons still kid-gloved the man. "We’re here to find out if there’s an innocent explanation," Agent Theodore Cacioppi told Madoff when he came to his door.
And to think of how the UAW and the big three are being dragged behind horses, made to jump through hoops, and made to humiliate themselves for a losy goddamn $14 Billion when this turtle spawn scumsucker Bernie Madoff steals $50 billion (that we know of) over a multi-decade Ponzi scheme run right under the noses of the so-called SEC and Wall Street "regulators".
The saddest thing of all in this is the large number of Democrats I know that are up in arms over the auto bailout ("let them fail, their cars suck!") while standing there with a stupid blank look on their self-righteous faces when told of the orgy of crime the Wall Street money changers have been ejaculating on themselves for the past decades and the few-strings-attached $1 Trillion bailout that was just given free and clear to these usurers.
It’s a good thing Manhattan has such tough gun laws, or there would be blood on the walls when the people came for their due vengeance on these devils.