Fall of the Great City (cont.)

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Posted by Ben Curran on January 02, 2009 at 08:23:28:

Dear Dr Janson,
the fall of the Great City of Babylon, as prophesied in your interpretation of the Book of Revelation, proceeds apace.

News of the latest chapter in the saga broke just before Christmas. Bernard Madoff, a leading member of the New York financial world, a man with a fine financial brain, has just perpetrated the greatest fraud in history using a crude confidence trick as old as the hills. Fifty billion US dollars of international investor's money has gone down the drain. One investor has already committed suicide.

How is it possible that a man in his position could end up doing a thing like this?

It seems that an essay on the web ('Madoff as Metaphor' by Llewellyn H. Rockwell) goes a long way towards answering that question (www.dailyreckoning.com) then open Archives and find edition of 24 december 08.

Read it and weep for the human race.

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