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March 1, 2013

Should Madoff Be Allowed To Post Bail

Imagine you have worked alone of your adult life to inning a retirement fund. You have made several sacrifices to make for sure that you have built up enough coin so that you can live your formative years in comfort. You have recently been approached by your investor about investing in a sure thing, after researching the investment and asking advice of family and friends you break up to jump in with both feet and transfer your retirement card into the new investment. Everything seems to be going well,you receive reports that your gold is growth faster than it ever has until one day you see your investor on the news. Your new trusted investor has just been charged with stealing money from his investors. You immediately go to check your account and discover that all of the money you sacrificed and struggled to save is gone and you now have no money to retire on. For legion(predicate) people this scenario is their reality, they invested with Bernie Madoff whowas running an supposed ponzi scheme. Not only did people losetheir life savings, but in what many considered a slap in the face the suppose allowed Madoff to be released on bail while awaiting trial. This man who is impeach of ruining the life of many people is awaiting trial in a multimillion dollar condo in the lap of luxury.

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The marvel is should Madoff be allowed to be released on bail or should he have remained incarcerated? My answer to this question is he should be released. I realize that may not be the most common answer, but according to our Bill of Rights in the United States of the States you are innocent until proven guilty. Another reason I believe he should be released is that this crime, while it affected many people, was not a violent crime, it was a white thieve crime. Let’s first take a run into at what the rights of the accused are in this situation.
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