Elder rape: Pat Robertson suggests 67-year old woman get reverse mortage to help pay 700 Club dues

© Raw Story/screen grab

TV preacher Pat Robertson on Tuesday advised a senior citizen who was a paying member of his teleministry that a reverse mortgage was a "good deal" if she was having trouble making ends meet.

"I have been a partner for many years," a woman named Maria explained in an email. "I am 67 years old and still working because retirement money does not cover our basic expenses."

"I was thinking about a reverse mortgage but have my doubts," Maria wrote. "What do you think?"

Robertson pointed out that a reverse mortgage prevented the bank from taking "your house away from you as long as you are alive and living."

"You don't have to pay it off, but somebody has to pay it off, namely the United States taxpayer," Robertson continued. "So, it's not a good deal for the taxpayers, but for most people it's a pretty good deal."

The televangelist recommended that Maria speak to a financial adviser, but added that "it could be a good deal for you."

Becoming a partner starts at $240 a year for a basic membership. A Chairman's Circle membership runs $10,000 a year.

Watch the video below from Jan. 27, 2015.

[embedded content]

Chomsky: We Are All – Fill in the Blank.

This entry passed through the Full-Text RSS service - if this is your content and you're reading it on someone else's site, please read the FAQ at http://bit.ly/1xcsdoI.