Um, didn’t Henry Paulson do most of the Nationalizing under Bush? I think the only thing that Obama has nationalized was GM after they came crawing to Washington DC begging for a bailout and filed chapter 11.
Allen – agreed as to AIG & Bush.
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As far as GM, they were given to the unions who own the largest share.
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But in my opinion, Obama has bigger plans on the health care insurance side.
Say what you want about Obama. Our broken health care system is helping to add billions to our national debt, costs keep rising, less people are being covered and insurance denials (policy rescinding) are common place.
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The reason for the low ratio is they don’t pay claims…and are going direct.
Are from doubling premiums in NJ! And then using that premium to invest. Sick.
Sorry NJ, you are the armpit of America and deserve everything you get.
Suspect this is as a result of Vodoo Accounting!
That evil company making a profit, may need to Nationalize all of insurance.
Um, didn’t Henry Paulson do most of the Nationalizing under Bush? I think the only thing that Obama has nationalized was GM after they came crawing to Washington DC begging for a bailout and filed chapter 11.
Allen – agreed as to AIG & Bush.
*
As far as GM, they were given to the unions who own the largest share.
*
But in my opinion, Obama has bigger plans on the health care insurance side.
That TCR is insane. Does anyone have any serious comments on how they are doing this? Is their underwriting, claims and loss control that GOOD?!
Need I say more?
Say what you want about Obama. Our broken health care system is helping to add billions to our national debt, costs keep rising, less people are being covered and insurance denials (policy rescinding) are common place.