Friday, December 19, 2008

Madoff, Dreier and Blagojevich

Marc Dreier, the big spender and power hungry lawyer, has losses alleged to be $380 million plus a bunch of staff and partners wondering where their next paycheck is coming from (jail?), and the Bernard Madoff Ponzi scheme could be $50 billion, an amount hard to hide, so Rod Blogojevich trying to weasel a paltry $500,000 and a job for his wife looks like small potatoes doesn't it? Plus, the outrageous other stories make Obama a charmed politician again--pushed the criminal activity of the Illinois governor right off the front page. But then, Obama hardly knew him. Helped with his campaign, his staff talked to him recently, but really, he's absolutely clean. All the media say so. And look how they sniffed out all those other stories of corruption! Yah! So much for investigative reporting.

Really, I've never been so discouraged or dispirited with both our government and our greedy, power hungry movers and shakers. It's hard to say which is more corrupt. Who do you trust these days? Certainly not George Bush who has allowed the government to slide into socialism using the economy as an excuse--after he became the all time big spender; and certainly not Barack Obama who will finish the job with his marxist buddies; and not an ex-president who took millions from foreign interests who hope his wife will stroke them; and not scummy Wall Street CEOs buying art collections and mansions, and not the inept union bosses; and not an ex-vice president in business with Hank Paulson to sell phony carbon credits; and not the people we elected who promised so much and then threw it all away; and not the regulators they appointed and hired to see that everything was done right and then didn't notice a thing was wrong despite a ballooning staff and budget. . .

I think we all, especially me, need to apologize to the welfare cheats and illegal, criminal aliens who have been stealing from us for the past 20-30 years. To all the lazy bums we've griped about, my sincere apology. Yes, you screwed up, but you didn't reach for the stars, didn't set high enough goals in your petty crimes. Some of you went to jail, and Dreier and Madoff are out walking around, or on "house arrest." Is that fair? I wish now you were the only crooks we needed to worry about. These small time criminals have allowed our prejudices toward the poor and stupid to take our eye off the rich and smart crooks. I think I can even say the little guy had limited options. But what do you say about the guys who went to Harvard and Yale, who cheated the friends and charities and staff who trusted them, who sat in the pew or synagogue when not jetting around the world, who threw lavish parties, and moved in all the right social circles, who sold the voters down the river, and partied and parceled out the pork 'til they couldn't hold any more?

List of Madoff's Clients, NYT

3 comments:

Anonymous said...

Murray sez:
Norma, you sure can stuff a lot of crud in a small place. LOL In spite of fact that the citizens of this country are fully aware of the corruption in our government and big business, we hold no one accountable for it. We just sit around and busy ourselves arguing which party is worst. And our judicial system totally sucks. I'm tired of hearing "it may not be perfect but it works or it's all we have". Our own government sets the worst of examples with it's presidential pardons. If there's anyone out there who thinks the system is impartial or fair then just call him/her Rip Van Winkle!

Anonymous said...

Marc Dreier is not out on bail. He was out in bail for Canada offense, but not here in US for the alleged SEC scam. Haven't you read the news -he's being treat "Inhuman" but not even having a book to read. The 250 people lifes he screwed up wish they could afford to buy a book since they didn't get paid and are out of jobs.

Norma said...

Anon 11:52: you're right! According to WSJ, "With Dreier, however, the situation was different. “At the time he was arrested, he was in a foreign country trying to impersonate other people,” says Henning. “I’m not surprised bail was contested.”

Under the package proposed by his lawyer, Gerald Shargel, Dreier would have been held under house arrest at his home in Quogue, N.Y., on Long Island, under constant GPS monitoring and the care of two armed private security guards. His bail would have been $10 million, co-signed by his 19 year-old son and 85 year-old mother."

Personally, I think he's scummy enough to have run out on his teen-age son and elderly mother.