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Cameron wrote:

Annuities are a VERY good deal for the banks, and they are trying to sell them to lots of elderly people.

That ought to give you a good idea of what type of deal it is for the purchaser.

Ain't that the awful truth! The products ain't all that hot anyway IMHO, but ring in the banks and you've really got a bowser. Then market them to those with a short life expectancy, and voila. You get almost instant profits to the usurers. There oughta be a law…..


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