waaaaaaaaaaaaaaaaa

[Grampa]

http://articles.moneycentral.msn.com/learn-how-to-invest/victim-Madoff-took-all-my-money--MSNMoney.aspx?GT1=33014

Who cries for the gambler?      nobody

We all say... it was your choice.


So why all the sympathy for the people who gambled with Bernie?

Is the gambler a victim?   nope...he's just a guy who bet wrong.

I'm unemployed..... I bet wrong. I want no sympathy, this is my mess to clean up. I refuse to be treated as a victim.

I feel sorry for this ladies loss, just as  a lot of you feel sorry for my loss, but geeez,  this person gambled and tried to make money by doing nothing more than shuffling paper.

And she gets the press, the sob story?

It's not a story of..... I invested in myself... I opened a store, I invested my time, my money, my soul, and it/I failed. No.... it's a story of, I gave a guy some money hoping that I make more money doing nothing, and he ripped me off. Same as any Nigerian scam.  And we all love to laugh about  how dumb those tards are.

Gee... the rich got poorer because they did something human. They make the beast with two backsed up.

Do what I'm do'n...... apply for another job.

FTR.... I'm all for hang'n Bernie  with piano wire, same as the Nigerian scammake the beast with two backss, but I'll be damned if I'm gonna cry for the gambler.

[herm]

i wont cry for the gambler either
but you gotta remember that everything, including the business that i expect you to start some day, requires investment.
investment requires people to be willing to risk their money
and a big problem right now is that people are afraid to invest in anything.

[Grampa]

i wont cry for the gambler either
but you gotta remember that everything, including the business that i expect you to start some day, requires investment.
investment requires people to be willing to risk their money
and a big problem right now is that people are afraid to invest in anything.

Investment is huge...... but investment w/o sweat is gambling.

Like stated earlier.... if she had millions to invest, she had millions to invest in herself, but she took the path of least resistance, and GAVE it to somebody else, hoping they would do the hard work.

Michells dad owns a shop, he's 83 years old and he works 6 days a week. His business struggles. I offered up a plan where he sells the business, and uses the money to buy out my old employer. I run the business, same as before, and all he has to do is sit back and collect the profits. No more work or struggle for him. I have a job, my pay stays the same, he has a business, no longer has to struggle....everybodys happy.  He wont do it, because he works, and..... I admire him for that. He's not looking for easy.... he's about substance. Thats rare today.

[Popeye the Sailor]

He's back to ranting again.


This is why we need a politics section.

[Grampa]

He's back to ranting again.


This is why we need a politics section.

[Triple J]

Like stated earlier.... if she had millions to invest, she had millions to invest in herself, but she took the path of least resistance, and GAVE it to somebody else, hoping they would do the hard work.

She gave it to someone who was supposedly better at investing than her. For that she was willing to pay a fee. Same thing most Americans do. All investment is a gamble...some more so than others, and that is understood. This guy was running a scam though.

A person can't know everything about everything. Sometimes you have to trust an expert. The BS is when that expert knowingly commits fraud.

[derby]

She gave it to someone who was supposedly better at investing than her. For that she was willing to pay a fee. Same thing most Americans do. All investment is a gamble...some more so than others, and that is understood. This guy was running a scam though.

A person can't know everything about everything. Sometimes you have to trust an expert. The BS is when that expert knowingly commits fraud.

exactly... add to that the fact that madoff, with SEC oversight, was providing quarterly and annual filings that basically assured his investors that their money was profitable (and safe).

[Xiphias]

I don't see any relationship between gambling and investing with Madoff. If you go to Vegas, you have a chance of wining; in this case Madoff was a psychopath who committed fraud - he was stealing. His  investors were lied to - so there is a big difference in this case.

[Bick]

What happend to the old theory of never risk more than you can afford to loose?

Oh, wait, the stock market is not gambling...  every prospectus clearly states "1,000,000,000,000x return on investment, Guar-un-teed!"  

[SheMonster]

Heh, you should see my 401(k) 

[superjohn]

I feel sorry for anyone who is the victim of a crime and this woman was a victim. She didn't lose her money on a high risk gamble, she lost it because some criminal took it.

[Grampa]

my point is...we all gamble.

I put my trust and hard work into somebody elses business. That was my gamble.

She put her trust and money into somebody elses business. That was her gamble.

The guy I trusted was a tard

The guy she trusted was a crook

Same thing in the sense that we gave of our trust.   a gamble.

I didnt put my neck out there investing in myself, and neither did she.

Investing in stocks is a gamble. you are putting your money into the hands of others, hoping that you see a return. there is no guarantee.

its called risk.

[DoubleEagle]

AAA Corporate Bonds returning 7% on your investment is not bad in a world gone mad.

After a 40 % loss of invested capital , I'd like to get that back but with the pain that the Economy is going through and the pain the is coming in 2010 and 2011 when most of the ARM home loans reset , I'm going to have to be happy with a 7% retun on my investments.     
Dolph     

[superjohn]

So where do you draw the line?

If she'd just put her money in the bank and the bank failed, losing most of her life savings, does she get sympathy?
If she stashes it in her mattress and her house burns down, does she get sympathy?

Maybe I'm just overly sympathetic, but I honestly feel for these people. I feel for the people that have lost their jobs and I feel for people that have been victims of circumstance.

Sympathy doesn't cost anything to give and a little more of it may make the world a better place.

[Grampa]

So where do you draw the line?

If she'd just put her money in the bank and the bank failed, losing most of her life savings, does she get sympathy?
If she stashes it in her mattress and her house burns down, does she get sympathy?

Maybe I'm just overly sympathetic, but I honestly feel for these people. I feel for the people that have lost their jobs and I feel for people that have been victims of circumstance.

Sympathy doesn't cost anything to give and a little more of it may make the world a better place.

Whats the differance between her and that kid who sunk him familys money into a nigerian scam?

Nothing. 

The kid thought he was going to make money using money...same as the lady. The scam was just packaged differently.

Why do people laugh at him, and the turn around and feel sorry for Bernies  victims? 

And, as stated before..... a bullet to Bernies head is warranted...same goes for anybody scamming people out of money.