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Why no discussion of insurance going up to cover the "investment" losses?

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Skwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 05:14 PM
Original message
Why no discussion of insurance going up to cover the "investment" losses?
Edited on Tue Mar-10-09 05:15 PM by Skwmom
They make stupid investments, lose billions and then recoup their losses by increasing insurance premiums. And it's not the first time they've done this.

What a system, what a racket. It needs a MAJOR overhaul.

With all of the money spent on health care insurance premiums in this country, there is no reason why we shouldn't have better health care and why everyone shouldn't be covered.


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pansypoo53219 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-10-09 05:49 PM
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1. how can you insure gambling?
next they'll sell you insurance for your vegas trip? health insurnce never pays full, why are these supposed to pay in full? didn't the idiots add any SMALL PRINT?
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