FROM CNN's Jack Cafferty:

Bernie Madoff, accused of stealing $50-billion from investors, will be allowed to remain free on bail thanks to the misguided sense of justice of U.S. Magistrate Ronald Ellis. Well, not exactly free. Madoff's under house arrest in his $7-million Manhattan Penthouse apartment while awaiting trial.

Should Madoff be in jail right now?

Last month Madoff allegedly confessed to masterminding a $50-billion Ponzi scheme that cost countless victims their life savings and badly wounded many of the nation's charities. Today's decision came after prosecutors charged that Madoff violated his bail by sending millions of dollars worth of jewelry to family and friends to keep it out of the reach of his victims.

People arrested for selling a few bags of dope in New York City are often sent to rot on Riker's Island until their trial. But Bernie Madoff is spending his days in his $7-million penthouse while his lawyers build his defense and his victims wonder how to pay their bills. Only in America.

Here’s my question to you: Does accused $50 billion swindler Bernard Madoff belong in jail until his trial?

Interested to know which ones made it on air?

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