From: Henry on 1 Apr 2010 08:22 saddlebag wrote: > On Mar 31, 7:41 am, "Vito" <v...(a)cfl.rr.com> wrote: >> But he has fathered a massive entitlement program with Nancy Pelosy. > Preventing the insurance industry from acting as a robber baron is not > an entitlement, it's good law. By forcing people to buy insurance, Obama is providing the insurance industry with a *very* profitable gift. People should have the option to buy into Medicare at any age. Medicare for all would reduce the obscene profits, greed, and "death panels" of the insurance industry... http://www.democracynow.org/2010/3/17/rep_alan_graysons_medicare_you_can -- "Condemnation without investigation is the height of ignorance." -- Albert Einstein. http://911research.wtc7.net http://www.journalof911studies.com/ http://www.ae911truth.org
From: Henry on 1 Apr 2010 08:25 saddlebag wrote: > I don't see Obama advocating free trade. Have you ever seen him speak out against it? I haven't. > Clinton really didn't have a > choice as Republicans were well paid and staffed to make their > corporate cronies rich on that one. Clinton was a strong supporter of NAFTA. Like Obama, he did was he was paid to do by the multi-millionaires who funded his "election". -- "Condemnation without investigation is the height of ignorance." -- Albert Einstein. http://911research.wtc7.net http://www.journalof911studies.com/ http://www.ae911truth.org
From: 83LowRider on 1 Apr 2010 08:27 "Vito" wrote > I'm not sure that's true. The defense contractors who employed me had > near > nil investment. They borrowed the money to lease buildings and office > furniture and leased computers and other equipment then included the > interest they paid in overhead. Ditto money to pay people. The Gummymint > paid our saleries and the overhead plus (typically) 4 - 5% profit. > Doesn't > sound excessive but 4% of sales adds up to enormous profits taken as a % > of > their near zero investment. I suspect health insurers work the same > deals. I dare say most insurance companies are not like that. Most I'm aware of have brick and mortar buildings, or paying huge rents in skyscrapers, pay tons in lawyer fees, investigavitve fees, secretaries, CEOs and janitors. They cannot escape having fleet maintanence or rentals, paying out to stockholders all the while.
From: Henry on 1 Apr 2010 08:32 Vito wrote: > "83LowRider" <any(a)ddresswilldo.com> wrote > | ...... You'd think we'd have learned something from > | the first time around. > If that were true we'd have quit electing socialists after FDR. Which socialists were elected? -- "Condemnation without investigation is the height of ignorance." -- Albert Einstein. http://911research.wtc7.net http://www.journalof911studies.com/ http://www.ae911truth.org
From: Henry on 1 Apr 2010 08:36
83LowRider wrote: > The most recent figures show that insurance companies operate > on a profit margin of 4 to 41/2 percent. After the multi-million dollar salaries and bonuses are handed out... -- "Condemnation without investigation is the height of ignorance." -- Albert Einstein. http://911research.wtc7.net http://www.journalof911studies.com/ http://www.ae911truth.org |