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From: AssociatedPress
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  • I wonder if they do the ''slice the garlic with the razorblade ''trick like they did in GOODFELLAS?

  • the us financial system will completely collapse in the next couple of years. if u think 2008 was the worst you are wrong, the same thing happened right before the depression......big drop followed by quick rise followed by massive drop. the dollar is the worlds reserve currency and has been since ww2 so when they are in debt they just print more money but this is only putting off the inevitable. the other world superpowers i.e china russia etc had a meeting about it last year without the us

  • @joel2ksweet U WANT TO MAKE A LEGAL BET THAT THE US WILL NOT COLLAPSE? THERES SITES WHERE WE CAN DO THIS LEGALLY.

  • @joel2ksweet I MEAN MAKE A BET THAT IT WILL NOT COLLAPSE IN THE NEXT 2 YEARS

  • @ITZDAMOBB i suggest you do some research on the subject rather than making bold statements. do you even know what the world reserve currency is or what it means to the financial system?

  • @joel2ksweet IT WAS A BOLD STATEMENT. AND IF U THINK I KNOW NOTHING OF THE SUBJECT THAN THAT MEANS UR ASSUMING. AND WHEN U ASSUME U MAKE AN "ASS" OUT OF "U" NOT "ME". THE RESERVES ARE AN ILLUSION. THEY DONT MATTER. WHAT MATTERS IS THAT THERES 310 MILLION PEOPLE IN THE US AND WE HAVE A VAST AMOUNT OF LAND THAT IS NO WHERE NEAR FILLED. EVERY WESTERN COUNTRY IS 100% DEVELOPED WITH NO ROOM TO GROW. EXCEPT US. WE MIGHT HAVE SOME UPS AND DOWNS. BUT ALL ECONOMIES DO. THERES NOTHING NEW TO THAT.

  • @ITZDAMOBB the reserves are an illusion? is that the best you have? the fact you went to business school says alot. yes the economy goes in cycles anyone with the slightest bit of common sense understands that, but also understand that while it is a cycle it is a constantly changing cycle and when it changes it benefits some and hurts others. when the rest of the world stops using the dollar as its reserve currency which is already happening it will mean a dramatic shift in the economic climate

  • @joel2ksweet WE ARE FAR FROM BEING THE LARGEST DEBTOR. DEBT IS NORMALLY MEASURED BY RATIO. NOT TOTAL. AND WE ARE FAR DOWN THE LIST OF TOP DEBTORS. EUROPE IS FAR FAR DEEPER IN DEBT THAN WE ARE. WE ARE NUMBER 32 ON ONE LIST AND NUMBER 20-SOMETHING ON ANOTHER LIST. ALL OF EUROPE AND JAPAN IS DEEPER IN DEBT THAN WE ARE.

  • @ITZDAMOBB did you know they currently wont accept us dollars in banks in mexico? could you imagine that 10 years ago? the us has been the worlds largest debtor since around the end of the 70's and while it has grown so has its debt because in the past when the us needed to pay its debts they would simply print more money and this is what they have been doing for the last couple of years now, but now its coming to an end as the rest of the world is basically not gonna use the dollar which will

  • @joel2ksweet THEY DO ACCEPT DOLLARS IN MEXICO U CAN CHANGE UR DOLLARS ANYWHERE, AT ANY BANK. WHAT U CANNOT DO IS USE DOLLARS FOR OTHER BANK TRANSACTIONS. WHICH IS NORMAL. IVE TRAVELED THE WORLD AND HAVE NEVER BEEN TO A COUNTRY WHERE U CAN USE DOLLARS AT A BANK... EXCEPT FOR LAOS WHERE THEY USE 3 CURRENCIES.

  • Respond to this video.. ...........cause its value to decrease significantly therefore forcing inflation way up pretty much overnight which in turn makes people poorer so not only will the government be bankrupt but many of its people too. your comment of ''the reserves are an illusion. they dont matter'' kind of leads me to believe you dont fully understand what i am talking about

  • @joel2ksweet PPL HAVE TO USE THE DOLLAR. SURE THERE MIGHT BE LESS PEOPLE USING IT. BUT THERE IS NO CHOICE OTHER THAN THE DOLLAR RIGHT NOW. AND MOST DEVELOPED NATIONS KNOW THAT IF EVERYONE STOPS USING THE DOLLAR THAT IT WILL BE BAD FOR OUR ECONOMY. AND WHATEVER IS BAD FOR OUR ECONOMY IS BAD FOR THEIR ECONOMY TOO. THE WHOLE WORLD'S ECONOMY IS TIED TO OURS. SO IF WE GO DOWN THE WHOLE DAMN WORLD WILL GO DOWN WITH US AND THAT IS A FACT THAT IS WELL KNOWN.

  • @joel2ksweet THINGS ARE NOT AS BAD AS U THINK. BUT IF U FEEL SO STRONGLY ABOUT IT U SHOULD PUT UR MONEY WHERE U MOUTH IS. I ALREADY KNOW THAT WE ARE GONNA DO GOOD OVER THE NEXT FEW YEARS AND IM WILLING TO BET ON IT.

  • @joel2ksweet PPL TALK ABOUT OUR ECONOMY LIKE IT IS THE WORST IN THE WORLD. LIKE WE OWN THE MOST DEBT OR SOMETHING. WE ARE IN A LOT LESS WORSE SHAPE THAN ANY EUROPEAN COUNTRY. EUROPE IS FUCKED BUT FOR SOME REASON EVERYONE THINKS ITS AMERICA IS THE ONE THAT IS DOOMED. WE ARE FAR FROM IT. WE WILL PROSPER, SLOW DOWN, GO INTO RECESSION THEN DEPRESSION AND THEN RECOVERY AND THEN GROW AND PROSPER AGAIN. THATS WHAT ECONOMY'S DO. THEY GO IN CYCLES. ITS 1 OF THE 1ST THINGS THEY TEACH U IN BUSINESS SCHOOL.

  • Bernie Madoff is my Hero, One rich jew stole billions from a bunch of other rich jews. LOL. Only in America.

  • @voirdire YEH COS THE PPL HE STOLE FROM WERE ONLY JEWS. COS NO OTHER RACE HAS MONEY. NOT EVEN ONE DOLLAR. NO LATIN MAN, NO WHITE MAN, NO BLACK MAN, NO ASIAN MAN EVEN OWN ONE DOLLAR. ONLY JEWS HAVE ANY KIND OF MONEY. THATS WHY HE COULD ONLY STEAL FROM JEWS. YEAH IT MAKES SO MUCH SENSE BUDDY.

  • @ITZDAMOBB CAPS CUNT

  • @joel2ksweet FOR REAL? IM USING CAPS? DAMN DOG. THANKS FOR LETTIN ME KNOW I WOULDA NEVER KNOWN!!! U MUST BE A GENIUS!! THANKS SO MUCH MISTER GENIUS MAN UR SO SMART!!!!

  • @ITZDAMOBB i wasnt informing you that you were using caps i was calling you a CAPS CUNT

  • @joel2ksweet OH DAMN THAT HURT SO BAD I THINK I WILL NEED THERAPY TO RECOVER FROM THAT COMMENT

  • @voirdire - lol... that' one interesting way to see things. Hell I like your enthusiasm.

  • But to the USA: Where's the 20 odd arrests re the SEC?? NONE!! *You're heading toward a Rome collapse, if you don't start policing instead of continually getting paid-off to the look the other way.

  • Where's the young hard working reporters?? WE WANT SOME GOOD CON-GETUP CLOTHING VIDS!! :) Bernie the Jew Con, slinking around a PRISON YARD!!!!! Har har har har har. "Portrait of a typical Jew-you Jew"!!!!!!!!!!!!!!!!! HOW MANY 100'S OF YEARS OLD IS THE EXPRESSION "I GOT JEWED"????? Muslims aen't great warriors history has shown I suppose, but you have to love their 'try try try-again' attitude re Israel. They'll bag their Jews ONE day!!!!! Ha ha ha ha.

  • Have a nice stay!

  • About the time we can make ends meet, somebody moves the ends

  • OH Cool What type of Drugs was he o from 1970's to 2003 ??? Just curious

  • I think 140 years would be enough.

  • @caganb I'd give him minus 10 years for good behavior, but.... Bernie's had some nasty things done to his ManHole ... so , no credit for good behavior, Bad Boy Bernie.

  • I LOVE THAT GUY...HE CARRIED THOSE MUTHERFUKERS FOR 20YRS..IM GLAD BERNARD TOOK ALL THERE FUKIN MONEY THOSE GREEDY BASTARDS..I CAN AUSRE YOU THAT ALL THOSE GREEDY BASTARDS THAT BERNARD TOOK FROM..THEY WERE ALL SELFISH AND FOR THAT, THATS WHAT THEY GET. GREAT JOB BERNARD

  • I know a perfect idea: Madoff be shipped off to North Korea and to do hard labor for 150 years. He would not survive 5 years of hard hard labor in North Korea

  • haha food cooked by a child molester that sounds funny

  • hey, i wonder if like in a few years, bernie will have a shaved head, prison tatoos of dollar signs all over him and big muscles from pumping iron all day

  • Don't drop the soap Bernie!

  • Hey..Its Ponzie,, ,with his leather jacket and slick-back hair.

    AAhh.. I phucked You!!!

  • Private Health Insurance CEO's need to be there with him for running a racket and crimes against humanity.

  • Madoff teabags now

  • ....... They should make him do community service, picking up trash.

  • Justice is soooo sweet sometimes!

  • hey they just found madoff's buddy in a swimming pool...

  • In every day life outside of prison you can hang out with those types too~

  • Yummmm....child molester pizza is the best kind!

    LoL!

  • he was a bad jew

  • whats the point of staying in jail for 150 years?

    i would rather die

  • to Ichewsasianbeaver: thats just the point, he deserved a fate worse than death......150 years

  • Why only criminalize him? bring them all down

    GOVERNMENT INCLUDED

    if bernie madoff isn't allowed to commit fraud then neither is the federal government

    I hate the State government's they are a disgrace sucking off the tit of the fed

    representative government my ass I wish our founding fathers could just tank a quick glance at what it's become... they would have never ratified that Constitution

  • Bernie didn't know what he was doing. He suffers from a psychiatric disease which basically puts you in a state of sleep walking that can last for 25 years.

    Only jewish people suffer from this. Don't be so hard on him. He's "hanging" with mob bosses but still finds time to give a "shout out" to his peeps/

  • If I were the prison warden, his new cellmate would be named bubba.

  • The U.S. has 22.9% un-employment rate in El Centro, Ca.. I have trouble selling an Air Conditioner in the middle of summer in a desert. The navy just bought a brand new boat that goes 60mph on water. Isn't that government fraud? We were doing just fine with the NAVY that we had before this Billion dollar speed boat, probably sitting in a dock somewhere.

  • @380Banshee

    Such is the nature of force. When the government "taxes" (extorts money from the general population), it uses force or threats to move money from one segment of the population into another segment - in this case, the military. This gives a 'blank check" to some at the expense others, whether they consent to it or not.

    As it stands, the US government takes about half of everything, as it takes a small percentage from everybody across the entire supply chain.

  • When are they going to put the secretary of the Treasury in there? Don't they do basically the same thing with Social Security?

  • @somecomputergeek I "get" you, but remember, there are slight differences. The primary difference is that the American people are supposed to know that SSI operates this way. It's a misnomer among most people to think that you, the worker, is putting money away for yourself. It's actually a bargain struck between generations. You work to pay the people from the last generation, and so on. It is "Ponziesque" but it should work without too much issue. I'd like to know why it doesn't. It should.

  • @rickcee

    I understand, but it's still the same deal - the people in the first generation make out, and the people in the last generation (when it inevitably collapses) get shafted, like any other pyramid scheme, including Madoff's. Also, to say that the American people are supposed to know how SSI works is wishful thinking at best and inexcusable naivety at worst.

    Also, how is it possible to "strike a bargain" with people that aren't born yet?

  • @somecomputergeek I can't say you're wrong, but I can disagree with you in principle. I think, personally, that it has the potential to be an okay system conceptually. I'm not sure an unborn American shouldn't have to agree on everything, especially a system that it seems to me SHOULD work. Why is it NOT working, is what I want to know? It's not as simple as jobs lost, SS payments not made. Those who are making big money are still making big money. I don't see it as welfare but a leg up

  • @rickcee I think that it is a good idea to help the elderly, as long as it is voluntary and not enforced by stealing from people via levies or garnishment of wages, or even worse, threatening to throw them into prison for not paying up.

    It is precisely the involuntary nature of it that prevents it from working. Whenever there is a big pile of money that is acquired by means of force and coercion, there will be people trying to get a piece of the pie, corrupting the system.

  • @somecomputergeek I see we're having the classic "less government" argument here. There are some libertarian ideas I agree with, though I could also be accused of supporting some things that seem socialist as well. While I don't agree with the voluntary aspect you suggest, I do agree that income tax is wrong. I'd expect that a country requires taxation in some forms to provide for the infrastructure, but taxing wages is crap. It threatens, not engenders patriotism of the average Joe and Jane.

  • @rickcee

    I agree. All government action, no matter how benevolent and noble it may seem, is still based on the only tool any government really has - force.

    Yes, violence works, in the short-term. If I point a gun at your head and demand you give me money, you'll probably give it to me, and there ARE problems to be solved, and questions that demand answers, but when the solution is violence, and the answer comes in the form of threats and coercion, nothing has actually been solved.

  • @rickcee

    The reasons for why you think SSI should "work" could be used to argue that Madoff's scheme could "work", as well. Just imagine if you were FORCED to pay into Madoff's scheme, knowing that it will eventually collapse. Then, you might understand the situation my generation is in.

  • @somecomputergeek (continued)...you say 'inevitably collapses'. Why inevitably? I think it's a worthy system that should be maintained by any means necessary. If unemployment temporarily wounds the system, hell, find another way of sliding some cash into the fund. I think that a system that pays something to an old person in this expensive world is a worthwhile thing. Now that Madoff stole all my money, I'll have nothing but SSI (if it survives). I'll need every little bit I can find.

  • @rickcee

    Yes, inevitable collapse. This is simply a mathematical fact. It's not a personal opinion or a political ideology. I'm not saying it SHOULD collapse, but it WILL. It's just the nature of unfunded liabilities. Digging into OTHER FUNDS is NOT part the system, but a band-aid for it which can only be a temporary fix.

    If you're collecting SSI now or soon will, you should be fine. My generation, however, will not be so lucky.

  • bernie cant touch the goldman and jp boyz now those guys are true capos

  • I think there are a lot worse scam artists out there, they are a lot worse because they rip off poor and vulnerable people, at least Bernie only stole from the rich, I am not saying its right but its a lot worse to rip off an average breadwinner or poor man. Btw, I know what it feels to be ripped off, its a terrible feeling and very painful, I feel bad for all the people who are being ripped off constantly, that includes all of us being ripped off by big corporations and big government.

  • Bernie deserves the worst.

  • No one has stabbed this crook yet. Wow that is amazing !!

  • Well if they would JUST do PUBLIC HANGINGS of ASSHOLES like him, within 30 days of conviction, then maybe you would SEE LESS OF MAJOR RIPOFFS LIKE THIS PIECE OF SHIT. This country just sucks when it comes to REAL JUSTICE.

  • 150 years.. let's just stick with "life sentence".

  • I grew up around this area but I haven't been there in a while. Did they build this prison recently? Butner was always known as the place they sent crazy people to. Some kind of asylum is (or was) there

  • They should just torture him for the rest of his life without medical attention and take away money and possesions from all his family members

  • Steady on it still is only fraud. Jail is perfectly fine.

  • yeah....now show the golf course he plays with his buds on

  • 150 year sentence....what a waste of taxpayer money.....he's still ripping off people, they outta hang him on wall st. as a souvenir

  • LOL he hangs out with a mob boss and a ex spy lol i guess he gots it made in there .

  • This life is too good for him. For the rest of his life he should be taken from city to city to work the most foul jobs in the sewers and provided just enough medical attention, food and rest to keep him alive and in working condition.

    This should also be the penalty for politicians that abuse the public for personal gain.

  • I hope he gets his ass whipped bad in there, not death, just some good street justice, fuck him

  • eats pizza baked by a child molester

  • He will have plenty of company, Bush and his friends will be there soon!

  • Private Insurance CEO's ripped off more than this man ever did by denying claims .

    They need to be prosecuted under Federal RICO for running a racket and crimes against humanity and given the death penalty or a bed next to Bernie

  • What gets me, is this guy ripped off some people for a LOT of money, I understand that but he gets 150 years in jail and yet murderers doing multiple homicides walk out of jail every day.

    The other day, some local POS scum got four years for murder...four lousy years for taking a life. This guy killed no one, yea he ripped off a bunch of rich people...oh watch out, you've really done it now.

  • He also ripped off a lot of charitable organizations!!! What´s your point???

  • He also ripped off a lot of not so rich people for their entire life savings.

    I agree that the sentence for murder is sometimes laughable but Madoff deserves all 150 years.

  • This is just sad and upsetting.

  • He'll be having his "heart attack" and will be joining Ken Lay in Paraguay soon, after getting his face lift of course.

  • I have said this all along about Ken Lay and truly believe it. People underestimate the length these cons will go to succeed. Let's face it he pulled off the Enron fraud!

  • Mad Oof !

  • that guy is my hero...yesterday, my enemy today, me tomorow.

  • I hope what AP says is true. Usually these rich guys go to 'Clubmed Jail'. That is an extremely comfortable cell (more like a home) and their wardens are more like their personal servants ...

  • no, only people who are rich and do crimes than are non-violent or have to do with not so large amounts of money can go to those jails.

  • Stink Test- You're making very good returns even when the economy turned south. They had to be aware, but greed drove them as did Bernie.Bernie was a well known guy for working out of a strip mall.

  • Funny how the media is keeping hush-hush on the progress of the lawsuits filed against the SEC in the Madoff case. It will be interesting to see how they play out, if the tax payers get to bail out another government fuck up and repay investors with tax dollars.

  • BullShit. Madoff is in some secluded island far far away chillin on the beach with a margarita laughing at all the people he robbed.

  • Actualy i dont think this guy is that bad of a guy in fact i think he is better then the idiots who invested into him. We need people like him actualy. I know it sounds were but when people get really greedy people like this take from them and remind them what it is like to be poor.

    This guy shouldnt be in jail they should let him back out and run our economy he fooled our goverment for decades it be better then obama runing this country.

  • you are an idiot. his investors were people no different than any other investor. he acted as a money manager and told his investros he was handling their money and trading for them...tell me exactly how people investing in the market to have a better future are greedy?

  • ...if the rendition is unusually high?

    can that be a hint?

  • wow you are dumb dragas. I hope you are joking...

  • i lol'ed you must be a troll or your just really dumb

  • And this is why breaking the law is not worth it.

  • Unless you are homeless, then free food, house, and healthcare!

  • Free rape too

  • that would suck sleeping on the bottom bunk. i would never be able to share a cell with someone. i would do whatever it takes to be put in solitary if thats what i would have to do to get my own cell.

  • Why the hell would they use the term "hang" when mentioning a high profile prisoner? Are they purposely trying to be misleading?

  • No, the AP is trying to sound "Hip" . Soon they will be saying things like "Bernie wants to give a "shout out" to all the people he screwed.

  • NEWS FLASH!!!

    UFO FILMED downtown Los Angeles!

    See My Favorites

  • Bush & Chaney should be there

  • So remember folks, even old people who dress well aren't all honest and loyal. They come in all shapes and sizes just to take your money. Is it me or does Madoff sound similar to Made-off? Like he made off with your money?

  • This is where Private Insurance CEO's need to go for running a racket and crimes against humanity for ripping off Americans.

  • this is where you need to go for being retarded enough to say something that unintelligent

  • its funny bernie madoff when from rich to being someones bitch ... thats right he is my bitch he is sitting right next to me crying.

  • I was 2 doors down from Bernie and he gives slow dance lessons and has no problems with irregularity.

  • a crook made money for the rich and the crooks, they got greedy because he claimed he is making huge profits, they put money with him hoping to make 1000% without lifting a finger, they got served!

  • for real... who puts their life saving on there? THE FUCKING GREEDY. Would YOU put up more than half of what you are worth and risk it? Those people still have lots of money, just alot less. They still have cars and money... why the bitching?

  • hes having a blast

  • mmm pizza good food for good people

  • i used to work at a prison, and our inmates never ate anything close to pizza.... fried bologna and watery grits every morning :)

  • Hope the drug addict rapes his ass at night

  • everyone only has bad things to say about bernie madoff . that man was a genious . all he did was exsploit peoples greed .they should pin a medal on that guy.

  • thats true. most human beings are greedy scum and only care about material things.

  • three hots and a cot. bernie, you are the devil!

  • Seems like he's content, hopefully the inmates won't learn his skills.

  • Ha haa !

  • this mufuca goin down in history

  • Pizza cooked by a child molester? I imagine the chef writing scooby doo on the pizza in peperoni.

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