Limomangary

According to some sources: Knowingly entering a Ponzi scheme, even at the last round of the scheme, can be rational in the economic sense if a government will likely bail out those participating in the Ponzi scheme.

A thought from limomangary in response: “Seeing this information and considering what has gone on with Wall Street and Investors this thought on Ponzi Schemes is one of those hmmm I wonder moments…to think that there is the possibility that some folks got into the Madoff mess knowing the loopholes and considering the possiblity of seeing both some gains from his Ponzi Scheme and then getting bailed out by authorities is a real possibility.” See the following article link I found on Yahoo Finance about this very topic: http://finance.yahoo.com/news/Trustee-agrees-to-sell-part-apf-14774151.html

Let me know what you guys think about this?

“Optimism is the foundation of courage” – Nicholas Murray Butler (1862-1947) an American philosopher, diplomat, and educator. Butler was president of Columbia University during its period of greatest expansion, in which it acquired an international reputation as a center of research and scholarship, president of the Carnegie Endowment for International Peace, and adviser to 7 presidents.

Limomangary’s thought on this quote of optimism:

If you are optimistic about whatever you endeavor to be, do or become you are already well founded in what you will need to complete the journey. If you haven’t yet found the reason to be optimistic I would suggest waiting to start on your path because without the Optimism to be Courageous, along a sometimes long and bumpy road to success, you will lack the tools necessary to continue on and not turn back!