Insurance Companies Will Receive $5.5 Billion in Bailouts in 2015

Discussion in 'The War Room' started by feedmelies, May 22, 2014.

  1. feedmelies

    feedmelies You done goof'd

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  2. Nebi

    Nebi Крым наш!

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    Privatized profits, socialized losses - The American dream
     
  3. lfd0311

    lfd0311 Gold Belt

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    Has not yet even begun to get absurd. Love that the President is on TV apologizing for the broken VA system, yet Liberals think that putting the entire country under government health care is a good idea.
     
  4. Jing

    Jing Black Belt

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  5. o'dubhlaoich

    o'dubhlaoich Red Belt

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    Yup. Its only the free market as long as I am winning. When I lose, ill want the govt to help me out.
     
  6. SammyPops

    SammyPops Gold Belt

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    Not just eh American dream.

    Its capitalism in the western world, and its a shame too many right of centre people do not get it.
     
  7. Nebi

    Nebi Крым наш!

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    I agree with you but 'The American dream' is a symbol.
     
  8. ChainFlow

    ChainFlow Brown Belt

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    I'm not really seeing the problem.

    Insurers can't turn people away. Some of them get lucky and get more profitable enrolees. Some of them get unlucky. This balances the scales so that the unlucky ones don't go out of business.

    Guess some people would rather the companies go out of business so they can gloat about the horrific failure of the ACA.
     
  9. Cid

    Cid Silver Belt

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    Fuck insurance companies.
     
  10. SleepyBoy

    SleepyBoy Silver Belt

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  11. Jack V Savage

    Jack V Savage Secretary of Keepin' It Real/Nicest Guy on Sherdog Platinum Member

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    So I guess "bailout" is the new "terrorism," in that it is used inappropriately to describe anything that you want to make unpopular. Orwell is turning over in his grave.

    Yeah, I'd bet that no one else who has posted in this thread even knows what the program is. They just see "bailout" and think, "fuck those guys!" "Bailout" has a meaning. This is not a bailout.

    I don't really blame the GOP for this kind of idiocy. Their propagandists have a job to do. But holy moly, why does anyone buy this stuff?
     
    Last edited: May 22, 2014
  12. IngaVovchanchyn

    IngaVovchanchyn Titanium Belt Platinum Member

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    1. I think part of the problem is that we were told Obamacare would decrease health expenditures. Now health insurance premiums are rising drastically and insurers still cannot break even.

    2. It was the opponents of Obamacare who warned that it would drive insurance companies out of business. Now for pointing out that it is pushing insurance companies deeply into the red and transforming formerly profitable ventures into government dependents they are somehow hoping insurance companies fail?

    3. Luck does not exist. Insurance companies are losing money because the law is badly written.
     
  13. Cid

    Cid Silver Belt

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    Because they're massive corporate algorithms designed to make money. They don't sell a tangible product they just sell fear and they make billions off it.

    It's not like they're a car industry where a bailout is not only going to help the manufacturer but all the people who make parts, services etc and have a follow on affect that is greater than the input.

    It's just going into companies that sell nothing.

    Maybe I'm biased because my opinion of insurance agencies is that this part of the movie is completely non-fictional.
     
  14. Jack V Savage

    Jack V Savage Secretary of Keepin' It Real/Nicest Guy on Sherdog Platinum Member

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    But again, the auto industry was actually bailed out. This is not a bailout. This is just basically hedging.
     
  15. Chesten_Hesten

    Chesten_Hesten The Wiener of Steel

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  16. Stoic1

    Stoic1 Patriot

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    Crushing social commentary.

    Absolutely soul crushing.

    :icon_sad:
     
  17. Denter

    Denter Silver Belt

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    Brutal.

    It's hard to lose money when people are forced to buy your product and the government backstops your losses, I guess. :icon_conf
     
  18. sabretruth

    sabretruth Gold Belt

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    Would the people complaining about this be okay with single payer?
     
  19. Cid

    Cid Silver Belt

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    Wouldn't that make even less sense then?

    Rather than giving them money when they might actually need it to save the industry they're giving it out when they're still turning large profits.
     
  20. Cid

    Cid Silver Belt

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    I am. Then again I live in a country that already has it.
     

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