Is the Bailout Just Another Ponzi Scheme?

This is what Bernie Madoff has admitted he did to his investors. He has basically said that the money from the last investors "is gone", probably into an offshore account somewhere where he can get it after he gets out of prison.

Our government has said that we, the taxpayers, have

The difference between a Ponzi scheme and the $700 billion dollar bailout is simple. Private investors know they're taking a risk, and it's their choice whether or not to do so. The perpetrators of the schemes can be prosecuted and sent to prison. Taxpayers have no choice. If they don't pay their taxes, the IRS swoops down and takes everything they own. Nobody in the government is going to go to prison for starting this thing. Many of them are probably benefitting from it, because they are saving their own investments.

Does that not sound like a Ponzi scheme to you? It's a classic robbing Peter (the U.S. Taxpayer) to pay Paul (the already wealthy banking and auto executives). In a real Ponzi sch

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