Madoff Madness - People Are Catching On...

Apparently, I am not the only one who sees parallels between the Madoff operation and the US Economy (i.e., what the US economy has been turned into by the-powers-that-be - a giant Ponzi scheme). Peter Schiff too posted a commentary today drawing parallels between the two schemes. Another one was posted by Jesse of jessecrossroadscafe blog a few days ago. And here's another in a similar vein by J.S. Kim on seekingalpha.com. And last, but not the least (O.K. - the least), Mr. Krugman here, although he limits his discussion to "financial services industry", not perhaps realizing that today the entire US economy is based upon the same principle.