On Wed, Sep 9, 2009 at 7:52 PM, Jeff Miles<[email protected]> wrote:
> Exactly. Insurance companies are nothing but a bunch of crooks. And > while some people want to defend these crooks when they have no vested > interest is totally beyond me. Of course, an awful lot of those opposed to change do, in fact, have vested interests in insurance companies. I think that is the big elephant in the room that does not want to get talked about. Many folks make a lot of money when insurance companies carry on exactly as Obama described tonight. To tighten up on them would decrease the profitability for stockholders. Additionally, insurance companies provide the underwriting for many big construction projects such as hotels, shopping centers, urban renewal projects, etc. Money tied up in those projects wants to see that insurance companies remain quite profitable. They do not care how much those who are insured get ripped off as long as the profitability of the insurance companies remains high. I need not even mention how much money our politicians get from insurance companies. As always, to find the answer, just follow the money. Steve ************************************************************************* ** List info, subscription management, list rules, archives, privacy ** ** policy, calmness, a member map, and more at http://www.cguys.org/ ** *************************************************************************
