Mar 03 2009
Letter to Fred Burks on Microcredit
Dear Fred Burks -
GREAT for you that your investment in humanity has also shielded you from the current economic crisis and stock market carnage. A 3% annual compounding return would be extremely attractive to every Mutual Fund in the world right now! What a wonderful world we live in when following your altruistic imperative you also reap wonderful rewards and enjoy financial safety!
Fred - now that you have personally witnessed the power of the Micro-Finance financial paradigm, look into that same paradigm being applied to the U.S. Economy in whole. In addition to funding Micro-Finance, the new FUND AMERICA recovery plan proposed by The Prosperity Mandate organization, funds the Code Green Economy as descriped by Thomas L. Friedman, Vocational Training, InfraStructure Construction, Urban Renewal, Colege Education, and even Venture Capital efforts — ALL using the “Pay Back” paradigm of Micro-Finance.
To stimulate an infusion of $1 Trillion and creation of 5 million jobs in the next 18 months, the Fund America proposal calls for further rewarding your investment strategy with a 10% Tax Credit AND the interest is earned Tax Free!
When originally presented to John Hatch at F.I.N.C.A. the American founded Micro-Finance organization (www.villagebanking.org) his reaction was … “I think you have developed a scenario that can actually finance the end of world poverty”.
Please review and then share your thoughts and forward to your associates the detailed proposal for a sustainable and renewable stimulus plan at www.theprosperitymandate.org The goal is to get this enacted into law and start funding not only America’s recovery - but ascension!
Please help me get the word out.
Neal Katz - Founder TPM
Original email:
Subject: Why my investments continue to grow as stock and housing prices plunge
Dear friends,
As stock prices fall to levels not seen in 12 years, consider that the stock market is in a sense legalized gambling. Consider also that the stock exchange only serves large corporations, so all money invested supports big business with little to no direct benefit to those most in need in our world. That is why I took all of my investments out of the stock market years ago. Because I shifted everything to secure microcredit investments, which directly help those most in need, my investments have increased in value every year, even as the market crashes.
About 10 years ago, when I first learned about microcredit, I decided it was time to put my money where my mouth is. The stock market at the time was growing leaps and bounds. I had shifted all of my investments to socially responsible stocks many years earlier, yet I knew that if I really wanted to help transform the world, I had to get out of the stock market and support the most socially progressive investment vehicles available. As a result, within a few years, I had transferred all of my retirement investments and savings into microcredit. I gave up the big returns, knowing that the return to the humanity worldwide was well worth it.
Little did I know that in the long run, my investments would end up being the most sound out there. While housing prices continue to tumble and the stock market has lost over 50% from its high not long ago, I’ve continued to gain 3% every year on my money. And as a sign of the times, the founders of the microcredit movement won the Nobel Peaace Prize in 2006.
With both housing and the stock market not looking to reverse their downward trends anytime soon, I invite you to seriously consider shifting to microcredit — not only as a way to stabilize your money, but also as a powerful way to work towards ending poverty and supporting those most in need with your investments.
For an excellent guide describing how microcredit works and how to transfer your investments to help build a brighter future for all, click here. And feel free to ask me any questions. I deeply believe that as ever increasing numbers of caring people decide to do the best thing for all humanity with their money, our world will dramatically transform for the better.
With very best wishes,
Fred Burks
P.S. For a wonderfully inspiring and educational online course which calls on each of us to be the change we want to see in the world, see http://insightcourse.net. It’s free of charge. The lesson on money at is both revealing and inspiring. See http://www.insightcourse.net/lessons/18a_money_matters.
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