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FOR IMMEDIATE RELEASE
The Deadline for the Savings Bond Program's Marketing Department Is
Quickly Approaching: Only 95 Days Are Left!
Mother Susan Dale Writes:
TULSA, OK, June 27, 2003 -- As a mother you can understand when your daughter
asks you to work on a project that she believes can help people, you try to make
her dreams come true. Three weeks after 9/11 my daughter wanted to help people,
so I showed her the picture of my mother 58 years ago promoting War bonds on the
front cover of Popular Photography, July issue 1944. Her eyes brightened and she
said, "Mommy, that is what I am going to do." On December 11, 2001,
the U.S. Treasury issued the New War bonds called the Patriot Bonds. Anastasia
is one month and one day different in age than my mother was on the cover. We
realized that history was going to repeat in our family and God gave my
daughter's birthday to us for a reason. We never imagined that it would be such
a struggle and cost as much money. We have spent over $12,000 to date and I am
presently working three jobs to help fund this project. We even offered our
image to the U.S. Treasury for free and they declined our offer (image: http://ereleases.com/pr/2003-06-27g-1.jpg).
They were not going to promote The Patriot Bonds. I thought this was a bit
strange... what a better time than now to educate people about the savings bond
program!
Starting Oct 1, 2003, there will no longer be a marketing department for the
savings bond program. The U.S. Treasury wrote a letter stating they will only be
promoting the savings bond program primarily through their web site. When
selling a product, you have to educate new customers to go to the web site if
you want to sell your item. They also stated that they will no longer be
promoting the savings bond through Public Service Advertisements and volunteer
committees, both of which are FREE. The current Treasury cost model shows that
for every $1 billion borrowed throughout Series EE (Patriot Bonds) and Series I
saving Bonds, $17 million is saved in comparison to costs associated with
marketable securities. President Bush is asking congress to approve an $80
billion dollar proposal to support the War Against Terror, and if we did, it
should be the common American investing in The Savings Bond program, thus saving
the Americans $1,204,000,000.00.
Congressman Istook of Oklahoma, the chairman of the Treasury appropriations
committee has stated, "The Saving bond program is old fashioned and out of
date." Before 9/11, patriotism was old fashioned and out of date. I believe
it is time to educate Americans -- about investing in America. The Government
needs to borrow money the most cost effective way and that is through the
Savings Bond program. Mr. Istook writes, "Savings bonds accounted for 26%
of the public debt immediately following WW II. That percentage gradually fell
to around eight percent two decades ago and has continued its downward trend to
just three percent today." I believe without the marketing department the
percent will drop even more.
I have come across Americans that have told me their financial advisors have
told them in past years to sell their Saving Bonds and invest the money in the
stock market. You can make higher interest. One woman did just that and lost all
of her money in the stock market. Yes, the interest on saving bonds is not high
but it is secure.
By eliminating a national volunteer network and committee that aids immeasurably
in the promotion of savings bonds as a patriotic program that contributes to the
nation‰s financial security, the marketing of the bonds is not possible.
Is the U.S. Treasury going to stop my six year old daughter from showing her
patriotism through the savings bond program? if so, they will take her
patriotism and all of Americans' patriotism away.
Six year old Anastasia and her family (The Freedom Girls - image: http://ereleases.com/pr/2003-06-27g-2.jpg)
are asking for your help to tell our story in support of the savings bond
program and to continue to support our troops and country. You can contact us at
http://www.usfreedombonds.com.
Contact:
Susan Dale
918-296-0944
susan@usfreedombonds.com
http://www.usfreedombonds.com
Images and PDFs:
http://ereleases.com/pr/2003-06-27g-1.jpg
- Daughter's Poster
http://ereleases.com/pr/2003-06-27g-2.jpg
- Family's Poster
http://ereleases.com/pr/2003-06-27g-3.pdf
- Oklahoma Woman Feature Article
http://ereleases.com/pr/2003-06-27g-4.pdf
- Oklahoma Woman Cover
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