Now that it is settled that Bernie Madoff has a very long time to contemplate his navel . . . that is to say, the rest of his life . . . it is time to take another look at this guy.
Bernie is an uniquely skilled guy. Let's use him for the greater good of society by focusing his creative energies on . . . the federal deficit. Perhaps there is a way that he can convince people who have a lot of money (i.e. China, Singapore Japan, South Korea, Saudi Arabia, Goldman Sachs Partners, etc...) to "invest" in an unique investment fund which pays a nice dividend. The fund is not redeemable for, let's say 30 years. Also, since this is for greater good, why not make the dividend federal tax-free. The proceeds of the investment fund will be used to pay down first, interest on our national debt and second, debt principal itself. We keep getting more and more investors, or keep opening new funds (which Bernie could market, since he is a master marketer). We can keep this thing going for a long, long time.
Wait a minute!!!
I think I just described Treasury Bills . . .
I'm not saying that T-Bills are a ponzi scheme, but . . . they sort of are, aren't they?
Woldy
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