Have I Got A Deal For Senior Citizens

This business isn't like fishing where schools of fish are sometimes elusive and you come home empty handed from a rough day on the seas. It's not like investing in oil or gas exploration where a dry hole is a typical result of an expensive project. It's so much better than stocks as they tend to go up-and-down. And it's not like going to Las Vegas and betting your wad.

Are you getting interested? In this business, your investment is perfectly safe up to $100,000. I'll tell you how it works. You put your savings into my business. I will loan your money to entrepreneur's who promise very high returns. I'll lend your money to land, housing, and commercial building complex developers. You know that these are very tangible and worthy projects. Sounds good doesn't it!

Now for the best part. Although I'll be lending your money to those involved in high-risk ventures, your money is perfectly safe. You see, your investment, up to $100,000 per account, is backed by the "full-faith and integrity" of the GOVERNMENT OF THE UNITED STATES. Uncle Sam will back your investment if we run into a bad deal. You see, the Federal Deposit Insurance Company (FDIC), the "insurance company" running this protection racket, insures your investment for premiums for a measly 26 cents per $100 in deposits. And, if the FDIC doesn't collect enough in premiums to cover losses they get taxpayers to bail them out and fund the losses. It's all very legal. The recent S&L (Savings & Loan) bail-out caused taxpayers to belly-up with over $500 Billion ($5,000.00 for every man, woman and child in this country) to cover investors losses.

Of course, in most insurance businesses, they make sure the premiums cover the losses or you go bankrupt. An honest and equitable way would be for the FDIC to raise premiums on depositors sufficient to pay back the $500 Billion of national debt they failed to cover and to protect future investments. I recommend you strongly suggest this to your congressmen.

But, wait a minute, on second thought, that would be asking those with money to invest to be responsible for their risky investments and pay for their own losses and we all know that this is un-American.