Will Bernie Madoff make it to his sentencing?

I don't want to be this rude but are you completely BrainWashed or BrainDead? It's got to be one or the other and if not how do you explain ignorance even though I have posted it multiple times to this forum and at least once, now twice, to you personally? It's like talking to a wall. :doh:

Wildkow

 

Nope. While a few political prisoners, like Leonard Peltier, are sent to high-level prisons as a form of punishment, ordinary prisoners are assessed by the B.O.P. on its own criteria. White-collar criminals and tax evaders (if there are no extenuating circumstances) will go to an FPC (federal prison camp) with other non-dangerous prisoners. It's not fun at all, but you won't get raped.

 

The dems pushing homes on poor people was a very small part of this mess. Dumb policies by Greenspan and a lack of transparency/regulation are at the top of the list of reasons why we are screwed.

 

Oh, I have to start watching more TV!

That was great! I just love it how when Cramer had some weasely reply, Stewart just said "roll tape 210 ... tape 212 ..."

It's funny ... and sad ... at the same time

 

I repeat: there is no way in hell that Madoff orchestrated this by himself, or with his immediate family. This reaches throughout Wall Street and up to the highest levels of our government.

Eg: how the SEC very carefully went out of their way to NOT investigate Madoff, even though Harry Markopolos all but handed them a finished investigation on their desks

So don't believe for a moment that throwing this public figure into prison will in any way "fix" the problem, or get back one penny of money that was stolen

 

If you're a genuine tax protester, you could spend 4-10 in the slammer. On the one hand, folks who purposely fail to file to hide income, probably deserve some sort of punishment

On the other hand, when you consider how corrupt government is, why send them money? Imagine if a million people refused to file this April, as a show of protest?

 

Tax protesters use different methods:

If you file a true and correct tax return, and then refuse to pay your taxes, you will not go to jail. They will attach your salary or take your property. I've known people who have done this.

One mode of tax protest (and I know people who do this as well) is to live below the taxable level. This is perfectly legal, so they won't do anything to you at all.

If you live outside the mainstream economy and do not file a return, you stand a chance of getting away with it. Legally, you're suppose to report the value of whatever you earn, even if you are paid in commodities, and failing to file is a crime, but if you are fully outside the system, they might never know about you.

If you work a regular job and fail to file, I think they're likely to catch you, and you may do time.

If, as a protest, you openly refuse to file, and you go public with your refusal, they'll want to make an example of you, and you're likely to get the longest prison sentence they can give you. But you still will be sent to an FPC, not to a "real" prison, unless you used or threatened violence.

But as you say, if enough people refused to pay their taxes, the government could not function. This, however, would require a greater level of awareness and commitment than you'll find today in the American public. Do you really think people willing and happy to eat poisoned food are going to care what their government is doing?

 

On that same episode, they showed Cramer as a guest on the Martha Stewart show. I thought it was ironic that Martha Stewart served prison time for lying about insider trading, and Jim Cramer has a show where he lies about trading stocks every day.

 

Good point