Showing posts with label Bernie Madoff. Show all posts
Showing posts with label Bernie Madoff. Show all posts

Tuesday, November 12, 2013

Ponzi-palooza: Obama Versus Bernie Madoff

obama_madoff_11-11-13-2But let’s compare the similarities. First up, the rabid, “you’re a fool if you don’t give this man all your money” tone of the early true believers:
Obama’s finest speeches do not excite. They do not inform. They don’t even really inspire. They elevate.They enmesh you in a grander moment, as if history has stopped flowing passively by, and, just for an instant, contracted around you, made you aware of its presence, and your role in it. He is not the Word made flesh, but the triumph of word over flesh, over color, over despair. The other great leaders I’ve heard guide us towards a better politics, but Obama is, at his best, able to call us back to our highest selves, to the place where America exists as a glittering ideal, and where we, its honored inhabitants, seem capable of achieving it, and thus of sharing in its meaning and transcendence.
— JournoList founder and Washington Post journalist Ezra Klein, at the start of 2008.
Jerry Reisman, who met him at the Glen Oaks Country Club in Westbury, New York, said: “He moved in some of the best social circles in New York. He worked the best country clubs. He was utterly charming. He was a master at meeting people and creating this aura. People looked at him as a superhero.“People didn’t want to know what he was doing. If it’s too good to be true, it isn’t true. But people didn’t care. They were greedy.”
Smug, too. Jeffrey Gural, chairman of real estate firm Newmark Knight Frank told the New York Times that he was teased by his friends after Madoff refused to let his family invest in the fund because he would not put up a minimum of $20 million. He said: “They thought Bernie Madoff was a genius, and that anyone who didn’t give him their money was a fool.”
The revelation that they were the fools has left Madoff investors devastated.
— “Bernard Madoff: how did he get away with it for so long?”, the London Telegraph, December 20th, 2008.
Those who were swindled no doubt feel nostalgia for the good times they initially enjoyed. Not to mention, that initial rush of smug superiority that came from being “in the know,” unlike the ignorant naifs outside of their social circle:
Meade pointed me to that just now, and it made me laugh (and cringe). I knew I’d already talked about an Obama nostalgia movement — here, 3 days ago — but I see I was talking about it as far back as October 2011.
Via: PJ Media
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Tuesday, October 9, 2012

LEAVE ME ALONE OBAMA


Big Bird, it seems, isn’t thrilled about his cameo in the presidential race.
The folks at Sesame Street are asking the Obama campaign to pull down a TV ad released Tuesday that mocks Mitt Romney for vowing to yank the subsidy to PBS.
At the presidential debate in Denver last week, Mr. Romney said he would end the subsidy in view of the nation’s fiscal troubles.
“I love Big Bird,” the Republican challenger said “… But I’m not going to keep on spending money on things to borrow money from China to pay for.”
Up went an ad by team Obama called “Big Bird’’ that suggests Mr. Romney is targeting children’s programming rather than legitimate threats to people’s economic interests.
The ad shows images of Bernie Madoff and others implicated in various financial and corporate scandals. A narrator then intones: “And the evil genius who towered over them?”
A silhouette of Big Bird flashes on screen.
“Mitt Romney knows it’s not Wall Street you have to worry about, it’s Sesame Street,” the narrator said.
The ad is airing on national cable and broadcast TV, in time slots devoted to comedy shows, the Obama campaign said.
Sesame Street isn’t amused. Sesame Workshop, a nonprofit educational organization that produces and owns the show, issued a statement Tuesday saying “we do not endorse candidates or participate in political campaigns. We have approved no campaign ads, and as is our general practice, have requested that the ad be taken down.”

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