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Old 07-22-2009, 02:14 AM   #26 (permalink)
checkthisout
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Join Date: Jul 2007
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Fox News? LOL

Insurance companies used to make money y investing your premiums in stocks and bonds.

Ever since the stock market started tanking in 2000, for-profit insurance is no longer practical because there is no more investment income for the insurance company. All profit must now be taken from either the doctor or the client making their existence parasitic.

Deregulation of insurance and securities in 2000 allowed insurance companies to insure debt and thus be looted by Hedge Funds and Investment Banks like Goldman Sachs.

The "crisis" is coming but is not here yet.
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