Let's look in on America to see what it is creating to get out of its current economic state. Perhaps it will be a new type of industry, where Americans will make actual material goods.
Lawyers, insurance firms cash in on fantasy footballJudas H. Priest. They've invented another financial instrument for people to use when gambling. Out-fucking-standing. It's like they have never heard of mortgage backed securities....
(CNN) -- Henry Olszewski was stoked in 2008 when he, along with millions of Americans, drafted New England Patriots quarterback Tom Brady to his fantasy football team.
About eight minutes into the season, a 220-pound safety was blocked into Brady's knee, tearing two of the quarterback's ligaments. Brady's season ended, as did Olszewski's.
"That Monday, [Olszewski] came in the office, and he was bummed out," said Anthony Giaccone, president of Intermarket Insurance. "He asked, 'Why can't we buy insurance for fantasy team players?' "
Thus spawned the brainchild for Fantasy Sports Insurance, which guarantees that NFL players won't miss a certain number of games. FSI will reimburse a fantasy player's entry fee if they do.