[lbo-talk] The Global Oil Scam: 50 Times Bigger than Madoff

Bryan Atinsky bryan at alt-info.org
Thu Nov 12 16:43:45 PST 2009


http://seekingalpha.com/article/172797-the-global-oil-scam-50-times-bigger-than-madoff?source=email

$2.5 Trillion - That’s the size of the global oil scam. It’s a number so large that, to put it in perspective, we will now begin measuring the damage done to the global economy in "Madoff Units" ($50Bn rip-offs). That’s right - $2.5Tn is 50 TIMES the amount of money that Bernie Madoff scammed from investors in his lifetime, yet it is also LESS than the MONTHLY EXCESS price the global population is being manipulated into paying for a barrel of oil.

[...]

I found a link to this on the Dvorak Uncensored blog http://www.dvorak.org/blog/ .

What do you all make of this guys argument?

Bryan



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