Bernie Madoff Was Only a Petty Crook Compared with Uncle Sam | The Beacon

Robert Higgs writes, "The U.S. government, however, does not bother to claim any prowess in investing the money it forces people to surrender to its scheme. It admits that the “client’s” return is now close to zero (varying a bit according to the client’s age and other factors). Nor does it carry out its admitted Ponzi scheme in a civilized way. Not only is participation in the scheme involuntary, but the government threatens violence against anyone who fails to participate as it commands him."

Bernie Madoff Was Only a Petty Crook Compared with Uncle Sam | The Beacon