The Obama Administration rolled out its much-awaited foreclosure-prevention plan on Wednesday nicknamed “The Ponzi Policy”, saying if it could work for Bernie Madoff, it could work for the United States.  

The plan asks those facing foreclosure to simply send a check for a thousand dollars to the first name on the list, “Fannie Mae”, then place their name at the bottom of the list, and ask 275 million friends to do the same.