Birth of the 'Ponzi' Scheme....

1. composite1
   Moderator

   

   Lately, discussions on the forums have leaned toward sniffing out scams and dealing with piracy. Very serious topics that should be taken seriously. On the other hand, one can use 'Gallows Humor' to alert people as to how scams work. Here's an animation that apparently was intended for the "Ocean's 13" special features but should have been around a while ago....

   Get the Flash Video

   .

   H.Wolfgang Porter, Composite Media Producer
   Dreaded Enterprises Unlimited, Inc.
   http://www.dreadedenterprises.com

   Posted 2 years ago #

2. 2ten
   Member

   

   Boy this sounds like Amway to me...

   Travis

   Posted 2 years ago #

3. composite1
   Moderator

   

   Don't it though? This was exactly what Bernie Madoff did for nearly 30 years. Part that gets me was; he could have went legit after the first couple of years and nobody would have ever figured it out. Greed overcomes brains every time it seems.

   Posted 2 years ago #

4. rexomus
   Member

   

   Sounds just like social security

   http://www.jaxvideography.com

   Posted 2 years ago #

5. composite1
   Moderator

   

   Rex,

   Exactly like SS. Each generation pays for the previous one. Unemployment Insurance is the same too. Everybody thinks it's like a bank account that they get to tap when needed. (sound of angry buzzer) Ooooh sorry, that's incorrect. Thank you for playing....

   Posted 2 years ago #

6. rexomus
   Member

   

   I know, it's crazy how people don't or can't put two and two together and see the intrigue behind both of those programs.

   Posted 2 years ago #

7. composite1
   Moderator

   

   The part that bends me out of shape, is all the money that gets tossed in at the city, state and federal levels where does it go? Why are they always cryin' 'broke' while I get to watch my little bit of cash go on top of the endless line of wheelbarrels full of loot head off to the offices of power?

   Posted 2 years ago #

8. rexomus
   Member

   

   These people can't even balance a check book but year after year they say more money will fix the problem. Like giving crack to a crack head is going to sober him up?

   I tell ya' if more people experienced being in business for themselves they would probably better understand how wreckless politicians are with other people's money. I could go on for days about the lack of accountability exercised and exploited daily in the ivory towers.

   Posted 2 years ago #

9. composite1
   Moderator

   

   "I could go on for days about the lack of accountability exercised and
   exploited daily in the ivory towers."

   Yeah, well that's a rant for another post my friend. But if you've got more info on scams and the like, 'fire at will.'

   Posted 2 years ago #

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