Quote from: JoelKatz on August 28, 2012, 02:07:15 PM

Quote from: flower1024 on August 28, 2012, 01:44:40 PM

YES with a big big please
i want to think for myself and i really hate it when other people try to tell me what to do (even if it means that i get burned) - my parents hated me for this Wink

You are still thinking that this is about the relationship between the PPT operators and the people who paid them money. It is not. It is about what they paid Pirate to do.

If I ask for donations to hire a hitman to kill my boss, I'm not ripping off my investors if I actually use the money to hire a hitman to kill my boss. The issue is what I paid the hitman to do. What did the PPT operators pay Pirate to do?

they lended it to him for 7%/week.
and (my guess) they did hedge their own risk so they could still get the 7% without investing so much from their own money.

Quote from: JoelKatz on August 28, 2012, 02:07:15 PM

I hope you don't take this as rude,

i'm fine

but thanks

Quote from: JoelKatz on August 28, 2012, 02:07:15 PM

but you really demonstrating how Ponzi schemes and the desire for a quick, unearned buck make people throw reason to the wind.

higher risk means higher reward.
i dont see how this is "unearned".

i work for my money, i guess this is what you consider "earned" money.
but why not gamble a little?