PRIVATE
CLIENT LETTER Joke
Du Jour
The
Lamaze class was in full swing. The room was full
of pregnant women and their partners. The
instructor was teaching the women how to breathe properly
and informing the men how to give the necessary assurances
at this stage of the plan.
"Ladies,
exercise is good for you," announced the teacher.
"Walking
is especially beneficial. And, gentlemen, it wouldn't
hurt you to take the time to go walking with your partner!"
The
room was very quiet. Finally, a man in the middle
of the group raised his hand. "Yes?"
asked the instructor.
"While
we walk, is it all right if she carries a golf bag?"
Your
Bribe
We
met when you used C-Loans.com to apply for a commercial
mortgage. To give you an incentive to read our newsletters
and remain a client, we are going to bribe you. Here's
the bribe:
We
will give you private money loans on commercial properties
for only one point. These are 15 year loans
with no prepayment penalty. (This offer does not apply
to loans already in process.)
All
you have to do is call the office of Blackburne & Brown
Mortgage Company, Inc., the parent of C-Loans, and say the
magic words, "I am a private client." Our
loan officer will snap to attention, and the red carpet
will roll out.
Just
call 916-338-3232 and ask for a loan officer.
The
Scam
It's
Tuesday. Three in the afternoon, Los Angeles.
Two detectives pick up a con artist on a section 872, the
old Fountain of Youth scam. The con artist is selling
bottles filled with a liquid that he claims slows the aging
process.
The
detective tells his partner, "Frank, check his record.
My gut tells me that our boy has played this game before."
Frank
reports back. "You're right, he's got priors.
He was busted for the
same thing in 1815, 1887, 1921..."
Incredibly
Important Tip
If
we save your family fortune, your entire net worth, you
are probably going to trust us and love us. Okay,
here's the tip.
The
forces of deflation are immense and growing.
Think of these forces like the gravitational pull of a black
star. "That's crazy, George. To create
more inflation, the Fed merely has to print more money."
That
was true of Weimar Germany in 1923, but not today.
The Fed doesn't print up $100 bills and toss them from an
airplane. Oh, how I wish it could! Instead,
the Fed "prints money" by allowing banks to increase
the amount of loans outstanding.
These
loans have payments, and if the amount of debt grows too
large, eventually the payments start coming back in to the
banks faster than the banks can lend the money back out!
This is why the Fed cannot create any sustainable inflation
right now.
The
danger is that you will be caught fully-leveraged when some
external event scares the banks so much that they stop lending.
In future private Client Letters I am going to explain
the consequences of this excessive debt and the likely outcome
in more detail. So please be sure to read our monthly
Private Client Letters.
The
Wager
A
55-year old man, who was born on May 5th, has been married
5 years, has 5 children, makes $55,555.55 a year, and whose
lucky number is 5, receives a phone call from a friend.
The
friend informs the man that a horse named Lucky 5 will be
running in the fifth race at the local track that evening.
Excitedly, the man withdraws 5,555.55 cash from his
bank account, goes to the races, and bets on Lucky 5.
Sure
enough, the horse comes in fifth.
Goodbye
If
you need a fast, private money loan for only one point,
please call 916-338-3232 and tell our loan officer that
you are a "private client".
If
you need a mezzanine loan, a construction loan, or an "A"
quality permanent loan, we encourage you to come back to
C-Loans and apply to our 750 banks.
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