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Bernard Madoff Quotes: The whole government is a Ponzi scheme.
         

The whole government is a Ponzi scheme.


Bernard Madoff
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"Bernard Madoff Quotes." Quoteslyfe.com, 2024. Sun. 28 Apr. 2024. <https://www.quoteslyfe.com/quote/The-whole-government-is-a-Ponzi-scheme-408075>.





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Other quotes of Bernard Madoff


Today, basically, on Wall Street, the big money is made by taking risks.

Today, basically, on Wall Street, the big money is made by taking risks.



The nature of any human being, certainly anyone on Wall Street, is 'the better deal you give the customer, the worse deal it is for you'.

The nature of any human being, certainly anyone on Wall Street, is 'the better deal you give the customer, the worse deal it is for you'.



It's a proprietary strategy. I can't go into it in great detail.

It's a proprietary strategy. I can't go into it in great detail.



In today's regulatory environment, it's virtually impossible to violate rules.

In today's regulatory environment, it's virtually impossible to violate rules.



In today's regulatory environment, it's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time.

In today's regulatory environment, it's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time.



Wall Street is one big turf war. By benefiting one person you are disadvantaging another person.

Wall Street is one big turf war. By benefiting one person you are disadvantaging another person.



The person that is buying a share of stock is convinced he knows something that the other person who's selling it to him does not know. There's no zero sum game in Wall Street.

The person that is buying a share of stock is convinced he knows something that the other person who's selling it to him does not know. There's no zero sum game in Wall Street.




You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes.

You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes.





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It is not good to have a rule of many.

It is not good to have a rule of many.



We've protected thousands of people in Libya; we have not seen a single U.S. casualty; there's no risks of additional escalation. This operation is limited in time and in scope.

We've protected thousands of people in Libya; we have not seen a single U.S. casualty; there's no risks of additional escalation. This operation is limited in time and in scope.



There is a wide difference between true courage and a mere contempt of life.

There is a wide difference between true courage and a mere contempt of life.



The earth was created by the assistance of the sun, and it should be left as it was. The country was made without lines of demarcation, and it is no man's business to divide it.

The earth was created by the assistance of the sun, and it should be left as it was. The country was made without lines of demarcation, and it is no man's business to divide it.



See every difficulty as a challenge, a stepping stone, and never be defeated by anything or anyone.

See every difficulty as a challenge, a stepping stone, and never be defeated by anything or anyone.



Sometimes your characters in films do things that you wouldn't do. You're not playing yourself all the time.

Sometimes your characters in films do things that you wouldn't do. You're not playing yourself all the time.



I'm not going to fight because I mean too much to our team, and I can't afford to be suspended for a game or do something stupid to get me kicked out of a playoff game.

I'm not going to fight because I mean too much to our team, and I can't afford to be suspended for a game or do something stupid to get me kicked out of a playoff game.



Science fiction is, after all, the art of extrapolation.

Science fiction is, after all, the art of extrapolation.



For the First Time in My Adult Lifetime, I'm Really Proud of My Country

For the First Time in My Adult Lifetime, I'm Really Proud of My Country



Sometimes our arms are so full with the burdens we carry that it hinders our view of the load those around us are staggering beneath.

Sometimes our arms are so full with the burdens we carry that it hinders our view of the load those around us are staggering beneath.




Quote Description


This page presents the quote "The whole government is a Ponzi scheme.". Author of this quote is Bernard Madoff. This quote is about ponzi scheme, schemes, whole, government,.