Kevin O’Leary’s Fund is Insolvent!

Kevin O'Leary - Cold Hard Truth

You might know this guy from the TV show Dragon’s Den or Shark Tank. He is televison douchebag Kevin O’Leary. Kevin had almost a billion dollars he earned honestly, but that wasn’t enough for O’Leary, his greed got the better of him. He began a pyramid scheme called O’Leary funds. What is a pyramid scheme?

A pyramid scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. If people didn’t watch this douche on the television and contribute to his fund the whole scheme would collapse. Kevin uses Peter’s money to pay Paul. If only ten percent of his investors cashed out at the same time the whole swindle would collapse. In fact the whole economic system would collapse if people took 10 percent of their money in cash out of the fraudulent banking system.

Don’t be a sucker! If you are one of the first 10 percent to get your money out of O’Leary funds you will get your money back. As for the rest of the 90%, touch luck. Kevin will probably spend a few months in a country club prison. That’s what justice is like for the 1%.

Kevin O’Leary is the Canadian version of Bernie Madoff. Bernie Made off with millions of dollars from retiring holocaust survivors. If you are trying to retire with O’Leary Funds take your money out now! Don’t procrastinate. Only the first 10% will get their money back.

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Nelly Furtado’s Pyramid Scheme

Nelly Furtado Pyramid Forca

Nelly Furtado makes a human pyramid with a ball as the all seeing eye in her video Forca. The ball is has crosses on it. I remember the French banned crosses at school that summer of 2004. Four years later numerous ponzi schemes collapsed. I remember one in Columbia and the infamous Madoff swindle. Investors made a run on investment banks in 2008 that got so bad they needed a trillion dollar bail out to calm investors. Lehman brothers was allowed to fall, but Federal Reserve stockholders Goldman Sachs was not allowed to fail. Whoa Nelly!

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Transformers Destroy Pyramid

Transformers Pyramid Scheme

Uber Jews Shia LaBeouf and Michael Bay team up a year after the Bernie Madoff swindle to destroy the great pyramid. Is there hope for Satan’s kids? Transformers is a typical kosher affair where a nerdy, young Jew uses chutzpah to romance a goy shiksa. Two bagels up!

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Bernard Madoff and Financial Pyramid Schemes

Bernie Madoff Pyramid Scheme

Written by Charles Scaliger
Wednesday, 17 December 2008 11:21

The world’s wealthy and well-connected are reeling from disclosures that an international investment giant – Wall Street-based Bernard Madoff Investment Securities LLC, run by 70-year old Bernard Madoff, a well-known Wall Street investor – has turned out to be a colossal pyramid scheme with worthless assets.

It turns out that Madoff’s firms’ money was nowhere to be found when some of his clients, including a number of Europe’s largest banks, began demanding the return of their invested assets. They had all been invested elsewhere and had disappeared.

Predictably enough, the United States government, as embodied by the Securities Investor Protection Corporation (SIPC), is stepping in to help the likes of Spain’s Banco de Santander and Fortis Bank Netherlands, as well as wealthy individuals like Steven Spielberg.

The irony of this story, which the major news media have declined to mention, is that the only reason Madoff is being treated as a criminal is that he is not running a bank, much less a central bank. The entire banking industry is in fact a vast pyramid scheme, with central banks like the Federal Reserve at the apex. Fractional-reserve banking, even when anchored by a commodity like gold, requires banks to loan out assets that are supposedly available on demand for customers, like the monies used for checking and savings accounts. Thus banks pyramid non-existent assets on top of a fraction of their reserves, and hope against hope that customers will not decide to demand a return of their assets en masse – an obligation that no bank can meet.

The situation is made worse by the absence of a gold standard. Nowadays, banks pyramid all their assets atop reserves based on nothing but the say-so of the central banks and the governments that sponsor them. That say-so is nothing more than the state’s arrogated authority to declare scraps of paper legal tender, and to compel people to accept them as money. Thus the Federal Reserve, America’s central bank, creates so-called “fiat” money according to the whim of its chairman and directors, money that is not linked to redeemable assets of any kind. Such activity not only preserves the illusion of bank solvency by pouring new reserves into the banking system whenever needed, but also gradually and subtly erodes the value of the dollar itself. In an age of fiat money and universal inflation, fractional reserve banking is the ultimate pyramid scheme.

But because the modern banking system enjoys the countenance of law, nary a whimper of protest is raised when the misbegotten policies of the Federal Reserve and other central banks cause currencies to lose their value and markets to collapse. The deceptive practices involved in central banking amount to theft and fraud on a grand scale, but are never treated as crimes even though they take a much greater toll than the occasional misdemeanors of private-sector hucksters like Bernard Madoff.

Madoff will doubtless go to prison for his crimes; in a just world, the architects of the fraud that is inflationary central banking would join him there.

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The Dark Knight’s Pyramid Scheme

Joker Money Pyramid

The one scene that stood out most to me is the scene where the Joker sits atop a pyramid of money, slides down the peak, and ignites the money.

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