I don't understand. All Madoff did was "rip off people" and spend more money than he had. Isn't that what the government does? They "rip us off" in the form of taxes, and then they give our money away to other countries. And of course they always spend more money than they take in. Isn't that a "Ponzi Scheme?" Probably not. Otherwise, all those "government guys" would be in jail with Madoff.
It’s been going on since Rome. Scholars know it. The masses haven’t a clue. They argue whether we should get robbed by Republicans or Democrats. Personally, I’d rather be robbed by Republicans. But, others prefer to lose it to Democrats.