Another Madoff Rip-Off in the Offing?

I’ve been waiting for it: some of the Madoff victims are seeking to victimize the rest of us, by forcing us to pay for their mistake in believing a con. There was a man on CNBC tonight who lost $8 million, and is dedicating his life, he said, to visiting his error on the taxpayers, that is to taking money from middle-class people to make whole guys like him making a million a year. Larry Kudlow has twice hinted he supports this second swindle, and I predict it will happen. No filling up your 401(k), but wealthy, influential people will get billions at the expense of the rest of us. Yes, it’s the land of the free (lunch).

The Best of Llewellyn H. Rockwell, Jr.