The President, The Democrat Party, Lack Credibility

[Frisco_Slug_Esq]

One thing is for certain, health insurers will continue to have record profits.

Got some examples of those record profits?
Would it be better if they had record losses?

He confuses gross and net with oil companies too...

 

[Frisco_Slug_Esq]

Call me crazy, but I like the fact my health insurer has money in the bank.
I also like the idea that good doctors make more money than bad doctors.
A company CEO ranks in $24M cause his company is doing so well it has billions in the bank - that's cool. It takes a lot of talent and expertise to manage something that big and turn a profit.

When you work in a modern factory*, you are paid, not only for your labor, but for all the productive genius which has made that factory possible: for the work of the industrialist who built it, for the work of the investor who saved money to risk on the untried and new, for the work of the engineer who designed who designed the machines of which you are pushing the levers, for the inventor who create the product on which you spend your time making, for the work of the scientist who discovered the laws that went into the making of that product, for the work of the philosopher who taught men how to think and whom you spend your time denouncing.
...
Every man is free to rise as far as he's able or willing, but it's only to the degree that he thinks that determines the degree to which he'll rise. Physical labor as such can extend no further than the range of the moment. The man who does no more than physical labor, consumes the equivalent of the material value-equivalent of his own contribution to the process of production and leaves no further value neither for himself, nor others. ... Material products can't be shared, they belong to some ultimate consumer; it is only the values of an idea which can be shared in unlimited numbers of men making all sharer's richer at no one's sacrifice or loss, raising the productive capacity of whatever labor they perform.
...
In proportion to the mental energy he spent, the man who creates a new invention receives but a small percentage of his value in terms of material payment, no matter what fortune he makes, no matter what millions he earns. But the man who works as a janitor in the factory producing that invention receives an enormous payment in proportion to the mental effort that his job requires of him. And the same is true of all men between, on all levels of ambition and ability. The man at the top of the intellectual pyramid contributes the most to all those below him, getting nothing except his material payment, receiving no intellectual bonus from others to add to the value of his time. The man at the bottom, who left to himself, would starve in his hopeless ineptitude, contributes nothing to those above him, but receives the bonus of all their brains. Such is the nature of the 'competition' between the strong and the weak of the intellect. Such is the pattern of 'exploitation' for which you have damned the strong.

John Galt
Atlas Shrugged

* Or an insurance company...

 

[firespin]

Btw, you realize that in that pie chart, that 4.5% private insurance costs is only their administrative costs, right?

That would be the part they actually spend on themselves, rather than paying out to others. If all heath insurance staff worked for free as non-profits, it would pull less than 5% out of aggregate health care costs. That's the point, nimrod.

 

[Frisco_Slug_Esq]

Republican ideas wanted?





http://www.nationalreview.com/blogs/print/245786

 

[jeninflorida]

Republican ideas wanted?





http://www.nationalreview.com/blogs/print/245786

the other Bush runs for office with the promise of free porn and gasoline!
Disclaimer, I like Jeb, he was great for Florida. Unlike those political fools in New Orleans.

 

[terrafringe]

▞▞▞▞▞