
I would like to thank Bernie Madoff for doing me and the American people a great favor. Bernie Madoff’s arrest, after 20 years of running a Ponzi Scheme, has begun to open people’s eyes to the truth about Wall Street. Sooner rather than later, the American people are going to finally realize, that the entire Wall Street financial services industry is nothing but one big Ponzi scheme.
Almost every single financial planner in America is a Bernie Madoff. They earn their living selling clients bogus investments, promising high returns, collecting big commissions and fees. They mislead their clients by telling them that they need more savings than is actually required to achieve financial freedom, forcing their clients to keep working, in order to keep growing their management income.
Now that Bernie Madoff is going to jail, the American people are starting to realize, that everything they have been told by Wall Street has been one big lie. And the biggest lie, yet to be reported, is the formula Wall Street uses to calculate your financial freedom.
The formula used by Wall Street financial planners, you need retirement savings sufficient to produce an annual income of 80% of your current salary, over-estimates the amount of savings you need to retire and turns you into a wage slave.
Read: The Wall Street Wage Slave Formula
Fortunately, you can break free from Wall Street wage slavery, and achieve financial freedom. Simply visit the Early Retirement Website, learn how to retire early, and try our free retirement calculators.

1 response so far ↓
1 James Fowlkes // Mar 15, 2009 at 4:34 am
You are sooo right about this. I would love to see more people take the reigns and wrestle control of their retirements from the Bernie Madoffs of the world. I wrote an article about the Bernie Madoff fiasco as well but from a slightly different perspective.
Keep up the great work!
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