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It's new year's eve, and I'm leaving Georgia after church tonight to drive up to Pennsylvania (our family's annual adventure/hunt/trail-of-clues/we're-not-sure-what-to-call-it is Friday). Hopefully the drunks will stay mostly on the side roads and off the Interstates. Of course there's always the few that do get on the Interstate, by means of an OFF-ramp no less... |
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I need to spell a few words phonetically in the following (you know, like fonetikly), because this post will mean nothing if you don't know how these words were pronounced. I'll italicize those phonetically spelled words when I get to them.
I heard Lynn Cheney, wife of VP Dick Cheney, being interviewed on the Laura Ingraham radio program a couple days ago. Among other things, Ingraham asked the "2nd Lady" about the correct pronunciation of their last name, about which I had not been aware there was any controversy. Ingraham asked whether it is Chainy or Cheeny. Mrs. Cheney said it was interesting that Ingraham asked this, as Mrs. Cheney had had the same question earlier on in her married life. So she had asked one of the old patriarchs of the Cheney family, one of the oldest living, what the correct pronunciation was:
"I asked him what the correct pronunciation is, and he told me 'It's Chainy.' I noticed there was a dog in the room, so I also asked him what kind of dog it was. He said, 'It's a bagle.' It turns out, the correct pronunciation is Cheeny." |
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At the bottom of the first page, be sure to click to read the following pages.
They're short pages. :) |
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...William Madoff orchestrated a Ponzi Scheme. That is, people invested, but instead of protecting their investments, Madoff spent the money. Later, he needed money to pay those investors. So as he found more and more new investors, he used their investments (1) to pay previous investors, as well as (2) to feed his own financial wishes. Multiply this many times over, and when it got too stretched out for Madoff to keep it going last week, it collapsed, and billions of dollars were lost by investors. That's a Ponzi Scheme. That's fraud.
It has been reported as the largest Ponzi Scheme ever carried out by an individual. Another observation: The Social Security System is an even larger Ponzi Scheme. |
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