{"id":948,"date":"2009-01-09T07:01:00","date_gmt":"2009-01-09T12:01:00","guid":{"rendered":"http:\/\/nicholsclan.com\/tinblog\/2009\/01\/but-its-only-50m-why-bother.html"},"modified":"2009-01-09T07:01:00","modified_gmt":"2009-01-09T12:01:00","slug":"but-its-only-50m-why-bother","status":"publish","type":"post","link":"https:\/\/timscogitorium.com\/tinblog\/2009\/01\/but-its-only-50m-why-bother.html","title":{"rendered":"But It&#8217;s Only $50M&#8230; Why Bother?"},"content":{"rendered":"<p>I guess maybe it&#8217;s a sign of the times where discussions of trillion dollar deficits and billion dollar bailouts are commonplace. When I read the article on how <a href=\"http:\/\/news.yahoo.com\/s\/nm\/20090108\/bs_nm\/us_financial_forte\">the SEC had uncovered a $50M Ponzi scheme<\/a> run by a Philadelphia fund manager, my reaction was basically, &#8220;Yeah&#8230; so?.&#8221;  They slept through Bernard Madoff&#8217;s $50B fraud, and now we&#8217;re supposed to be impressed with a lousy $50M?  This would be like the police telling me that they have no idea who stole my truck, but they did nab the kid who picked up the pocket change I lost.  That&#8217;s the same order of magnitude difference.<\/p>\n<p>Now I still think that $50M is a lot of money personally.  I would certainly take that check, and fret a lot less over my 401K if i had it.  But on the national stage?  It suddenly seems like small beans.<\/p>\n<div class=\"blogger-post-footer\">\n<h6><span style=\"font-weight: bold; font-style: italic;\">Brought to you by Tim&#8230;<br \/>\n<a href=\"http:\/\/www.timscogitorium.com\/tinblog\/\">-Read the whole blog here-<\/a><\/span><\/h6>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I guess maybe it&#8217;s a sign of the times where discussions of trillion dollar deficits and billion dollar bailouts are<\/p>\n<p class=\"readmore\"><a href=\"https:\/\/timscogitorium.com\/tinblog\/2009\/01\/but-its-only-50m-why-bother.html\" title=\"Read But It&#8217;s Only $50M&#8230; Why Bother?\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-948","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/timscogitorium.com\/tinblog\/wp-json\/wp\/v2\/posts\/948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timscogitorium.com\/tinblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timscogitorium.com\/tinblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timscogitorium.com\/tinblog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timscogitorium.com\/tinblog\/wp-json\/wp\/v2\/comments?post=948"}],"version-history":[{"count":0,"href":"https:\/\/timscogitorium.com\/tinblog\/wp-json\/wp\/v2\/posts\/948\/revisions"}],"wp:attachment":[{"href":"https:\/\/timscogitorium.com\/tinblog\/wp-json\/wp\/v2\/media?parent=948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timscogitorium.com\/tinblog\/wp-json\/wp\/v2\/categories?post=948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timscogitorium.com\/tinblog\/wp-json\/wp\/v2\/tags?post=948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}