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In Reply to: Re: Primerica A Pyramid Scheme? hahaha ok posted by eric on February 13, 2004 at 10:17:5111788:
: MEH,
: Primerica is NOT a pyramid, nor did we ever say it was a pyramid.
: Pyramids are illegal, and to say a legitimate business like Microsoft is a pyramid is just a lie.
: By legal definition, Primerica IS an MLM (Multi-Level Marketing)
: So is Amway and Mary Kay.
: Microsoft and Factories are not.
: Please do your homework before posting.
:
: : Frankly, ok to be in Primerica, selling "insurance" you would need a Government liscence, NOW TELL ME, WOULD THE GOVERNEMNT SUPPORT A PYRAMID SCHEME?
: : and further more, think, Bill Gates, Microsoft tycoon. HE is at the top of the line, right? and then u have Vice Presidents of what not, proabably 6, and then you have the assistants, and everyone else that follows, NOW u get down to the nitty grity. THE FACTORY WORKERS. WHICH of WHOM ARE AT THE BOTTOM OF THE "PYRAMID" SO BASCIALLY EVERYTHING IS A PYRAMID, BILL GATES GETS PAID OFF OF WHAT HIS EMPLYOERS PRODUCE, ARE THEY NOT WORKING FOR HIM!?! in primerica, it's basically the same thing. So If ur saying PRIMERICA IS A PYRAMID SCHEME, then THE WHOLE INDUSTRY, THE WORLD is based on a Pyramid scheme
Just a thought here.........MLM? Don't each downline charge more for products to make a profit? I'm sure that don't happen in Primerica......don't think the SEC and NASD would go for that.