Re: To our UK, Lebanese, & Egyptian brothers

Walter wrote:

The only reason it isn't more expensive is that the state insurance commissioners put a cap on what the insurance companies can charge. Insurance is private business, but we are grateful that it's regulated.


Unfortunately with this regulation, insurance companies all charge as much as they feel they can get away with ... so insurance quotes will all be within $50 or so of each other when shopping for insurance ... it doesn't matter what Geico says. :)


That's not true. I used an online "insurance.com" site, and my offers were very widely ranged. THe last one was so low I thought if must be a mistake, but that is the price I got. (I might not have any actual coverage, but I can drive legally.)

A




Insurance companies aren't in it for their health. Some people consider them to be good investments, though.


From an investment standpoint, insurance companies are probably great. They collect money from people from now until the cows come home. As soon as they have to pay a dime out, they are suddenly "too great a risk" and they have to find a new insurance company.

I understand they are in business to make a profit, but I don't have to contribute to that profit.




Black Friday was October 29, 1929, when Wall Street collapsed, soon followed by the closing of the banks. It began the Great Depression. A lot of people thought they understood the stock market, and they were riding high for a few years, gambling wildly often with borrowed money.


In that case, I did hear of Black Friday ... just suffering a bit of fried brain. It's late and I've been doing a lot of work tonite with few breaks.

Some people did commit suicide over that ... but that's their own fault.



Sometimes it's stupidity, sometimes it's health or luck. There are a lot of people in this country who are just one or two paychecks away from homelessness. Even with reserves that will carry you for a year if you lose your job, there is no certainty of employment before the money runs out.


You are correct when you say many people are one or two paychecks away from homelessness. That's their fault, though. A lot of people want to have what rich people have but don't want to be who rich people are or do what rich people do. They want to keep up with the Jones'. Every time they get a pay raise, they spend it and then some. Then when something happens, like the company closes, the stock market crashes, Osama Bin Laden does his thing or they get deathly ill, they have nothing.

We've had discussions about this on this newsgroup before. One such discussion started when I asked, OT, of course, if a person doesn't have enough money to live on, who's fault is it? That got a whole big thing going because some don't feel responsible for their finances. That responsibility lies on their government or their employer in their opinion. I'm here to say I disagree and wholeheartedly ... but alas, some on here have all the answers. They're allowed.


<  Decisions are made on levels that the average person can't

influence. When a business is shut down, it affects the entire community, so a layoff can result in a loss of property values, and local businesses that relied on the workforce can find themselves without customers or clients. Plan for the worst, hope for the best, and realize that it is not all within your control.


I'm glad you said that. A lot of decisions are made on a level that most don't understand. They rely on the government and various studies to tell them what is or is not safe ... or how they should or shouldn't save for their retirement. They want to live the "American Dream" not realizing that A: the American Dream is a myth and B: money isn't real.

Many on here have argued that I should vote because to not vote means I don't have a reason to complain if things don't go my way. Well .. even if I do vote, things still won't go my way because too many people like things the way they are. The business of people in government hiring their friends and friends of friends and rewarding people for spending and wasting money isn't going to change with any vote for any party's candidate.

I plan for the worst, hope for the best and realize that only my thoughts and actions are in my control. Nothing else is.

.

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