Good luck. Republicans will luckily destroy Obama in 2012, but it may be close. There's just too many socialists in this country for there to be a true conservative party. I have no problem with you griping, but the world is what it is and we'll have to settle for the Republicans, as awful as they sometimes are.
U.S. Alleges Full Tilt Poker Was Ponzi Scheme
- Thread starter ChkitOut
- Start date
Good luck. Republicans will luckily destroy Obama in 2012, but it may be close. There's just too many socialists in this country for there to be a true conservative party. I have no problem with you griping, but the world is what it is and we'll have to settle for the Republicans, as awful as they sometimes are.
You know ws,,,your right. You can look over americanelects.com though, they intend on being on every states ballot.
Well, I guess for sure am not getting back my $800 I had in my account that I had there when it shut down.
And that is why it is not a Ponzi, just common theft. If the definition doesn't fit, you must acquit.
Just like if a bank president runs away with the depositors money, that isn't a Ponzi....Players weren't promised high rate of returns, no matter how they play. They were promised winnings returned, if they are good at poker.
Now to correct myself, good old Charles originally did buy some IRCs (international reply coupon) and tried to redeem them:
"He borrowed money and sent it back to relatives in Italy with instructions to buy postal coupons and send them to him. However, when he tried to redeem them, he ran into an avalanche of red tape."
After that it was straight out fraud.... Here is the best part: "Soon afterward, Ponzi started his own company, the "Securities Exchange Company"
The Full Tilt guys simply just stole the clients money, as it seems.
For extra fun, here is Ponzi's autobiography:
The Rise of Mr. Ponzi
http://pnzi.com/
No it isn't. A Ponzi is a scheme where investors are enticed by high returns, which are then paid out by subscriptions from new investors. A Ponzi is not simply any enterprise where liabilities are greater than assets - that is just an insolvent business.
You better hope so. As bad as the Republicans are, they're still one notch above the muck of the Dems. Unfortunately, "one notch" isn't worth much. We need the leadership which will "rise above". Also unfortunately, we're not likely to get that regardless of who gets elected. There are just too many parasites draining the life from our formerly capitalist/personal freedom system.
Quote from Pekelo:
And that is why it is not a Ponzi, just common theft. If the definition doesn't fit, you must acquit.
Just like if a bank president runs away with the depositors money, that isn't a Ponzi....Players weren't promised high rate of returns, no matter how they play. They were promised winnings returned, if they are good at poker.
Now to correct myself, good old Charles originally did buy some IRCs (international reply coupon) and tried to redeem them:
"He borrowed money and sent it back to relatives in Italy with instructions to buy postal coupons and send them to him. However, when he tried to redeem them, he ran into an avalanche of red tape."
After that it was straight out fraud.... Here is the best part: "Soon afterward, Ponzi started his own company, the "Securities Exchange Company"
The Full Tilt guys simply just stole the clients money, as it seems.
For extra fun, here is Ponzi's autobiography:
The Rise of Mr. Ponzi
http://pnzi.com/
I acquiesce.
All casino games are zero-sum