Jail Is Too Good for Bernard Madoff
Bernard Madoff entered a New York courtroom this week and plead guilty to 11 felonies for pulling off what is possibly the biggest con job in the history of Wall Street, costing innocent investors as much as $50 billion.
Madoff told the court that he was "deeply sorry and ashamed" for what he'd done.
As much as I like to believe in the redemption of anybody, I keep thinking of Rhett Butler's line to Scarlett O'Hara in "Gone With the Wind": "You're like the thief who isn't the least bit sorry he stole, but is terribly, terribly sorry he's going to jail."
And jail is where Madoff went. His days of remaining in his $7 million luxury apartment are over.
The judge revoked his bail, and told him to go directly to jail and to not collect $200 from any poor unsuspecting schnook. He should be glad his investors aren't deciding his punishment.
One man who lost a million dollars with Madoff said, "I'd stone him to death." What he really needs to be glad is that I didn't decide his punishment and I didn't have a dime invested with the weasel. Why do we care?
Because he didn't just cheat strangers, but the people closest to him, and many charitable groups including his own synagogue.
I was deeply touched as I listened to one of his victims tell of her husband, a retired 78-year-old eye surgeon having to take a job as a security guard and her having to substitute teach even as they had to sell their home and car.
Prison is too good for Madoff because we taxpayers have to pay for his meals and bedding.
I'd rather he be forced to live on the streets and eat from trash cans, except I think the street bums deserve better company.
He knew full well what he was doing to people he claimed were his friends and who trusted the bottom-feeding scumbag.
Don't put him in prison — put him in the job market, but make him sell every last thing he has and then not be able to keep anything above the poverty limit for the rest of his life; the rest would go to his victims.
That's my view, I would love to hear yours. E-mail your comments to: firstname.lastname@example.org