Runboard.com
Слава Україні!

runboard.com       Sign up (learn about it) | Sign in (lost password?)

Page:  1  2 

 
James Jaeger Profile
Live feed
Blog
Friends
Miscellaneous info

Registered user

Registered: 12-2017
Reply | Quote
INSURANCE COMPANIES -- Making America Sick & Paranoid


Insurance companies are ruining the U.S. They limit everything -- including life, liberty and the pursuit of happiness.

You can't have a diving board because someone might get hurt.

You can't take a car out to get it inspected because it has to be back at the used car dealership before they close.

You have to have insurance in case someone else runs into you.

You have to insure your body when it's the other guy who is drinking and smoking.

You can't buy insurance across state lines.

One insurance company -- Shelter Insurance -- invades your Fourth Amendment privacy rights in that they monitor when and where you drive, for instance to the grocery store, to school, doctor visits -- even the apartment of that hooker you've been seeing every Wednesday afternoon during lunch break.

Almost every aspect of modern life is now monitored and dictated by insurance companies and many, if not most, of the diciates are government-mandated. Yes the state is in your face spitting on your Fourth Amendment rights with all manner of government-mandated insurance, another hidden tax.

Insurance also destroys the free market's natural price equilibrium. It drives prices in the marketplace artificially high. When a billion dollar insurance company pays for a dented fender or a broken arm, the repairman or doctor charges 5 or 10 times as much. This then establishes false pricing "norms" that people who are uninsured then have to pay.

So the insurance industry -- along with the Federal Reserve's printing of fiat currency -- is destroying the free market. It's out competing individuals' ability to pay thus making it more and more impossible for them to make ends meet.

Insurance proliferation is another manifestation of the nanny state. It's also a manifestation of the totalitarian state.

And to the degree the state's wards (subjects, citizens) use Big Pharma's side-effect ridden products, the more apt they are to make mistakes and cause damage. Errors and omissions are thus "justification" for more insurance.

Higher premiums covering less risk -- is another form of "shrinkflation."

The insurance companies, in order to drive profits, seek to provide ever less coverage for the same or more dollars. The pool club removes the diving board or only allows it to be used between the hours of noon and six, rather than all day. Shrinkflation. Another limit on life, liberty and the pursuit of happiness.

Healthy, able individuals don't need much insurance. Sick, paranoid nanny-staters need gobs of insurance because they are drugged and incompetent. The insurance companies like this -- drugged and incompetent citizens. After all it means more danger and risk in the environment and thus more insurance is "necessary."

So the endless proliferation of insurance companies -- just watch Mainstream network TV -- is yet another way WE THE PEOPLE are being enslaved and screwed.

And with computerization almost any human activity can be statisized, actuarylized and then monetized. Thus more and more is insured hence limited. Given this, the insurance monster's Mission Statement might be phrased as follows: "Human Society home in bed, staring at the ceiling, not moving and being fed intravenously during pre-approved, safe hours."

This is the America YOU are creating everytime you tolerate some congressman, government official or business placing a limitation on your freedom, mobility or life "because the insurance company says." When you hear this line -- "the insurance company blah, blah, blah" -- take your business elsewhere. When you hear this line coming out of the lips of some fat government servant -- vote them out of office. And be sure to tell them why -- tell them "I don't like insurance companies running my life."(1)

------------------------------------
(1) I wrote this article in about 10 minutes with just a few thoughts bubbling around. This will be developed. Tell me more instances of insurance companies encroaching our freedoms and I will incorporate them.

Last edited by James Jaeger, 10/4/2018, 11:37 pm
10/3/2018, 1:56 pm Link to this post PM James Jaeger Blog
 
Spikosauropod Profile
Live feed
Blog
Friends
Miscellaneous info

Parliamentarian

Registered: 06-2007
Reply | Quote
Re: INSURANCE COMPANIES -- Making America Sick & Paranoid


This should be moved to NewsFlash.
10/3/2018, 3:56 pm Link to this post PM Spikosauropod
 
greendocnowciv Profile
Live feed
Blog
Friends
Miscellaneous info



Registered: 11-2017
Reply | Quote
Re: INSURANCE COMPANIES -- Making America Sick & Paranoid


I am amenable to the move, but out of respect to James would first say "Amen" to the glut of glunk in our lives due to all that he was describing.

One of Pres Trumps innovations would be to extend the example of Car insurance national competition that States cannot stop to all insurance, most definitely health.

Now, James - do you second the move to "Flash?"
10/3/2018, 6:57 pm Link to this post PM greendocnowciv Blog
 
Spikosauropod Profile
Live feed
Blog
Friends
Miscellaneous info

Parliamentarian

Registered: 06-2007
Reply | Quote
Re: INSURANCE COMPANIES -- Making America Sick & Paranoid


I respect James, but he must be beaten into respecting up and down on our asteroid.

Moving doesn't require a second because it is only a filing procedure. His thread won't go anywhere. It will just be on the proper side of our asteroid.
10/3/2018, 8:03 pm Link to this post PM Spikosauropod
 
greendocnowciv Profile
Live feed
Blog
Friends
Miscellaneous info



Registered: 11-2017
Reply | Quote
Re: INSURANCE COMPANIES -- Making America Sick & Paranoid


Our asteroid! Holy puns, Batman! Before I get all "back door-sh" in this convo, the move is approved!
10/3/2018, 9:14 pm Link to this post PM greendocnowciv Blog
 
James Jaeger Profile
Live feed
Blog
Friends
Miscellaneous info

Registered user

Registered: 12-2017
Reply | Quote
Re: INSURANCE COMPANIES -- Making America Sick & Paranoid


Ok, sorry guys, I posted this in the wrong place -- I had ten phones ringing...

Any comments on these insurance companies that are raping and pillaging us...
10/4/2018, 11:40 pm Link to this post PM James Jaeger Blog
 
luciddream00 Profile
Live feed
Blog
Friends
Miscellaneous info

Moderatorₗ

Registered: 04-2018
Reply | Quote
Re: INSURANCE COMPANIES -- Making America Sick & Paranoid


Insurance is a bit of a chicken and egg problem. If nobody had insurance insurance medical costs wouldn't be so high, but medical costs can be so high that if you don't get insurance then you're risking financial ruin.

Last edited by luciddream00, 10/5/2018, 2:08 am


---
Account closed permanently. I won't stand for abuse of authority by forum administration to censor criticism of a conservative radio host that celebrated the death of AIDS patients on his show. Maybe some day we'll speak again elsewhere.
10/5/2018, 1:56 am Link to this post PM luciddream00 Blog
 
James Jaeger Profile
Live feed
Blog
Friends
Miscellaneous info

Registered user

Registered: 12-2017
Reply | Quote
Re: INSURANCE COMPANIES -- Making America Sick & Paranoid


Why don't you have insurance on your computer?

Answer: because competition, technology and innovation are making computers ever less expensive and ever better. Thus, when my computer gets sick, I can replace it or repair it out of pocket.

Same would naturally happen with biotech and medicine if insurance companies weren't involved driving the price of everything up. Health care would be so inexpensive everyone could afford to pay their hospital and doctor bills out of pocket. And the proof of this is the prices of elective surgery have plummeted yet the prices for surgery paid for by insurance companies is sky rocketing.

But certain vested interests don't want the public to ever be able to pay for things out of pocket. The insurance industry is one and the banking industry is the second. The bank's biggest enemy is capital formation (savings). Capital formation is the natural result of technology and productivity. But where there is capital formation people and business don't have to borrow -- they can self-fund projects. You think the banks want everyone self-funding? Hell no, so they colluded with Congress in 1910 to form a central bank which eventually lead the "legalized plunder" known as fiat currency --- or printing money out of thin air. Now that the Fed-member banks could print money out of thin air they could lend money to industry at below market rates thus making it unattractive to self-fund with capital formation.

Banks and insurance companies are parasites on the economy. We need to phase them out of existence if civilization is ever to truly expand an flourish.

See FIAT EMPIRE
https://youtu.be/5K41O2QfpjA

 

          
  


Last edited by James Jaeger, 10/6/2018, 5:03 pm
10/5/2018, 11:29 pm Link to this post PM James Jaeger Blog
 
luciddream00 Profile
Live feed
Blog
Friends
Miscellaneous info

Moderatorₗ

Registered: 04-2018
Reply | Quote
Re: INSURANCE COMPANIES -- Making America Sick & Paranoid


quote:

Why don't you have insurance on your computer?



Because if my computer fails catastrophically then It costs less than $1000 to replace. I were to get cancer or be in a particularly nasty car accident I could be on the hook for literally millions of dollars without insurance. I'm sure those costs would be lower if insurance were never invented, but that isn't the world we live in.

---
Account closed permanently. I won't stand for abuse of authority by forum administration to censor criticism of a conservative radio host that celebrated the death of AIDS patients on his show. Maybe some day we'll speak again elsewhere.
10/6/2018, 2:37 am Link to this post PM luciddream00 Blog
 
Extropia DaSilva Profile
Live feed
Blog
Friends
Miscellaneous info

Moderator

Registered: 12-2017
Reply | Quote
Re: INSURANCE COMPANIES -- Making America Sick & Paranoid


Insurance companies cropped up in my essay series ‘Bullshit Jobs and the New Feudalists....

“Advertisements for banks really push the message that they are but humble servants helping customers protect and manage their money. And with talk of ‘markets’ and ‘products’, the financial ‘industry’ likewise presents itself as doing the traditional work of making useful stuff and providing much-needed services. If you believe the propaganda, the primary purpose of this sector is to help direct investments to those parts of commerce and industry that will raise prosperity, while earning an honest profit in the process.

But while this kind of thing does happen, it’s very misleading to portray the financial sector as being mostly concerned with such services. We can see this is so by looking at where the money goes. A piffling 0.8 percent of the £435 billion created by the UK government in quantitative easing (ie money printing) went to the real, productive economy. The rest went to the financial sector.

As David Graeber explained, what this sector actually does is as follows: “the overwhelming bulk of its profits comes from colluding with government to create, and then trade and manipulate, various forms of debt”. In other words, what the FIRE sector mostly does is create money from ‘nothing’. But, the thing is, there actually is no such thing as money from nothing. If somebody is making money out of thin air, somebody somewhere else is being lumbered with the cost. So, really, financialisation is the subordination of value-adding activity to the servicing of debt.

It is under such conditions, in which work is morphed into a political process of appropriating wealth and the repackaging and redistribution of debt, that the nature of BS jobs (which seems so bizarre from the traditional capitalist point-of-view) actually makes sense. From the perspective of the FIRE sector, the more inefficient and unnecessary chains of command there are, the more adept such organisations become at the art of rent-extraction, of soaking up resources before they get to claimants.

An example of such practices was provided by ‘Elliot’:

“I did a job for a little while working for one of the ‘big four’ accountancy firms. They had been contracted by a bank to provide compensation to customers that had been involved in the PPI scandal. The accountancy firm was paid by the case, and we were paid by the hour. As a result, they purposefully mis-trained and disorganised the staff so that jobs were repeatedly and consistently done wrong. The systems and practices were changed and modified all the time, to ensure no one could get used to the new practice and actually do the work correctly. This meant that cases had to be redone and contracts extended. The senior management had to be aware of this, but it was never explicitly stated. In looser moments, some of the management said things like “we make money from dealing with a leaky pipe-do you fix the pipe, or do you let the pipe keep leaking?’’’.

In order for such organisations to continue doing what they are doing, there has to be employees that work to prevent such dubious practices from becoming widely known. Faithful allies must be rewarded, whistleblowers punished. Those on the rise must show visible signs of success, surrounded by important-looking men who make their ‘superiors’ look special in office environments where one’s status is determined by how many underlings you command. Meanwhile, those flunky roles are themselves a handy means of distributing political favours, and since those in the lower ranks had best be distracted from the dodgy goings on, this incentivises the creation of an elaborate hierarchy of job positions, titles and honours. Let them occupy themselves squabbling over that.

So, ‘Managerial Feudalism’ is so-called because the FIRE sector (which in practice is spreading, which is why car commercials no longer tell you what it costs to buy the vehicle, only what APR representative you can expect if you take out a loan) has brought about conditions that resemble classic medieval feudalism, which was likewise primed to create hierarchies of nobles, flunkies, mystic castes quoting obscure texts”.
10/6/2018, 3:14 am Link to this post PM Extropia DaSilva Blog
 


Add a reply

Page:  1  2 





You are not logged in (login)
Back To Top