The Jewish Journal has dedicated an entire section of their online site to the Bernie Madoff scandal called Swindler's List. Living in New York, it is almost impossible to escape this story. First, he lives right above the sister to the store I work in. Second, his face and name has been on the front page of every paper since the story broke. Third, well it's New York, there are a lot of community organizations and individuals who put their trust and faith in Madoff and have suffered because of it.
To me, the most interesting thing is how the Madoff story is only part and parcel of the larger economic picture, something that one poster on Swindler's List eloquently describes here. I only hope that Madoff's greed driven betrayal, the collapse of the credit and finance system, and our fiscal disaster will finally cause all Amercans to wake up and ask "What the hell are we doing?" and get out of this twenty year consumerist binge.
Thursday, December 18, 2008
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