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I think Paul would agree with this as well if he put the wine down for a few hours.. |
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Essentially this is just the "I will give you money." debate. Without looking into the facts. What proof has Ron Paul got that taking disaster relief funding out of the hands of the US Government and giving it over to the private Insurance and reinsurance industries worldwide would save money? Obviously all the public building and amenities will need to be insured as well. The insurance needs to cover the cost of immediate emergency relief, getting shelter, food, clothing, medical, communications, power to the effected areas. Can't sit around and wait for a risk assessor to go over his figures to allocate the money. In the event of an disaster damaging roads, railway lines, who will pay for the food to be airlifted and the repairs to be got under way ASAP? Will taking out the Government paying and providing ultimate relief in cases of a disaster, prove cheaper than providing an extra income for all the "Traders, auditors, partners and the like." In the Bahamas, EU, Switzerland and the US? He's just playing to the masses who think if you take it out of Government hands, it will save money. Until the Government has to step in and rescue the Private Companies. :Oh crap Glen go away and work out how to make your free tubes a success. That needs your attention a lot more than this. |
Again. Where is the documented proof that passing over the insurance against disasters to private companies will save money. No anecdotal comments. I want to know how Ron Paul assumes that taking this out of taxes and into the premiums of private companies will save money and provide a better system?
Otherwise he's just blowing smoke up the asses of hicks who think as deeply as a few here. |
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There's a very good reason why you would run this type of business from a place like Bermuda. Reinsurance companies don't just collect premiums and sit on the money. They trade and invest those premiums for profit. Basing this type of company out of a location that doesn't have personal or corporate income tax just makes sense. |
and paul markham derailed yet another thread.
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The Red Cross is running comercials on the radio, telling everyone how to donate money to help. It was some freaky weather here that day.... I never seen them shut down schools early over tornado warnings. they said it would happen at 5pm. wow they were close!!!! about 4:50 is when shit started going down.
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Seems I win and you lose. Unless you're going to tell us the markets are a sure fire winner for making money. :1orglaugh Quote:
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We can argue all day about what should have been done in advance of the disaster, who should pay for the cleanup, whether or not the locals should receive any assistance other than that they are due under their insurance policies, etc. etc. -- but that debate won't bring us any closer to crafting a solution that will make a difference, either now or in the future.
Me, I'm all about solutions -- so when I look at the tornado destruction, what I see is an opportunity for a compromise that could address two high profile funding-related controversies at the same time: Let's send the tornado victims thousands of crates filled with contraceptives. Think of all the benefits this move would provide, all at once! * Once all the contraceptives have been removed and distributed, uninsured local citizens can establish residence in the empty crates left behind. * Any "sluts" living in the area won't have to worry about where to find aspirin to squeeze between their knees. * Over time, the mass influx of contraceptives might even lead to there being fewer prospective tornado victims living in the area to begin with. See? It's not so hard to fashion a real solution to the country's problems; you simply have to be willing to think outside the box (and/or be willing to live inside of one). |
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Of course a real comparison would be your whole time in the industry against mine. A "I earn more than a retired man." Is lame. Good level for you. :thumbsup Still lets put it all in the hands of these guys. http://www.bbc.co.uk/news/business-17269048 :1orglaugh Until the Government has to step in a hit them with fines to make them pay back their scams. PJ, are you going to blame WC for derailing the thread with his replies? (WC = toilet :1orglaugh ) |
another thread derailed.
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The question is if the taxpayers should be on the hook for everything.
There is no question that private individuals and charities should help in such cases. |
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I'm going to make an exception this time around and post the stats for a site I started selling at the begining of February. One site Paul, out of the 25 or so I actively promote. http://www.warchildsworld.com/lolpaul.jpg These stats are for one video posted on a tube. Event hough we all know tubes can't sell memberships. Your turn or would you rather just concede the checkmate? |
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Is this true? There are hollow earth aliens? They run the world?
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You know in retrospect it's not cool to shatter an old man's tiny little World with the truth. Stats removed.
You're right Paul, you totally win. |
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before you go and discover the secrets of the universe you should actually learn how reality works first. |
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this is what tornado relief would look like for the majority of people in ron paul's libertarian utopia.
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Guys guys guys ... HOLLOW EARTH ALIENS?!!
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If we're going to help natural disaster victims get into new homes, we may as well help everyone who's not currently in a home get into new homes. Otherwise, it's playing favorites and it makes no sense for anyone in a natural disaster area to buy home insurance when they could get bailed out if the worst happens anyways.
My neighbor's house could accidentally burn down tonight and there would be no national cavalry to help him. What makes natural disasters different, especially ones that happen in places where they always happen? If the govt pays for it, why not the state govt instead of the federal govt? |
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So you're free to stay or leave, but if you stay you're going to be paying taxes or you're right you'll be removed from society by force. That's the way it is. Your ranting and raving is somewhere between lunacy and an angry child stamping her feet because her father won't allow her to have ice cream. |
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I did neglect to mention one thing. You also have the right to gather like minded individuals and petition the government, or even form a new government with enough support, and make the changes you'd like to see. Of course that's not really an option because the majority of people live in the real world and not the fantasty land you do. Enjoy your torment at the hands of society. :1orglaugh |
Totally agreed. You can't ask the government to play mommy and daddy without also having them tell you what you can and cannot do/watch/say. It doesn't work that way.
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Interestingly enough, I don't like paying taxes either. What did I do about it? I moved to an island paradise with no income tax.
See, there's two types of people in this world. Those with dreams of how they'd like things to be and those who make things the way they'd like them to be. Owing to your very limited ability to cope with real world issues you'll always be a member of the first group while I'll enjoy being a member of the second. Nothing you can type on GFY will ever change that. Enjoy the frustration. |
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Johnny: do you have zeitgiest movie tatted on your stomach? ZEITGEIST LIFE
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Unless one of the people on my ignore list has posted the costing of insuring everything via the public sector v the private sector. It's all guess work.
Which one is the most cost efficient and less risks of failure? Neither is perfect. If an insurance or reinsurance company goes bankrupt because of the enormous damages does the US Government step in to rescue the company or just pick up the bill for the clean up? This could be a private company in The Bahamas where the directors traders, partners were not spotlessly white and just part of a pyramid scheme. Or had invested the premiums in these companies or Greek Debt Bonds. :Oh crap It's all academic as Ron Paul has no chance of getting his ideas adopted. |
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200 insurance policies later.
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