While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” the Federal court for the southern district of new york hands down United states v. Madoff, sentencing Bernard Mad[e]off (with your money) to 150 years on prison for operating a “Ponzi” investment scheme, in which the former investors are paid off with money contributed by the newer investors.  Mad[e]off (with your money) was investigated eight times by the Securities and Exchange Commission, but was never arrested until he confessed to his family about what he had been doing.  They in turn notified the Federal Bureau of Investigation.

       NOTE: While the Madoff “trust fund” was running unfunded liabilities at around 50,000,000,000 “dollars, ” the Social Security and Medicare trust funds were contemporaneously running unfunded liabilities of almost one-thousand times that at 46,000,000,000,000 “dollars.”

       [added 12/12/2021]

Subsequent Events:

7/16/2009                   7/28/2009                   7/31/2009                    3/27/2010                   4/7/2010

5/9/2010

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

Jay Ambrose, “Madoff Only the No. 2 Ponzi Scheme,” Orange County (California) Register, 19 December 2008, Local:19.

http://www.gpoaccess.gov/usbudget/fy08/sheets/hist02z1.xls
www.gpoaccess.gov/usbudget/fy08/sheets/hist02z1.xls

t r u t h o u t | SEC Whistleblower Speaks on Madoff Fraud
www.truthout.org/122208J

Madoff investment scandal – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Madoff_investment_scandal

Social Security debate (United States) – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Social_Security_debate_(United_States)

Current U.s. National Debt:

$36,167,124,467,492

Source