New Investment Bubble = Real Reason against HCR
I have read in several publications where the new investment bubble is investors buying derivatives of bundled life insurance policies of elderly and sick people's that have been "securitized" by the same people who did this with mortgages. These policies are bought from the elderly and sick ( henceforth referred to as base investment units) price for less than face value, 60¢ on the dollar has been noted as an example, and realizing the profit upon the insureds death.
Basically a variation of dead peasant insurance where org.'s such as Walmart secretly bought life insurance for its low level workers making the company the beneficiary and then working them to death.
I am sure that insurance for the investors to protect against extended life spans etc are available.
A.I.G. will probably offer a one stop shop for the investment units to buy the life insurance then sell it to the back to A.I.G. for bundling, securitizing and marketing while offering risk insurance for the investors if the base investment units exceed the actuarial models. All with the knowledge that it is tax payers money guaranteeing every step of the process for the investors with the only people at risk of a failure would be the original customers for the life insurance
If this is true it goes a long way towards explaining the nutcase rights ( or as commonly referred to the Rethuglican Party) opposition to Health Care Reform.
Don't people see that if people live longer it is threat to the health of the investor class that Wall Street counts on to profit off of "Capitalism" which means that it is a threat to Amerika.
If people live longer those who have already invested would have to wait longer for their profits which would trigger increased claims upon the Risk insurers which in turn would cause another collapse of the worlds financial system.
So Americans for the sake of the investors class, capitalism and the world financial system must keep dying at a rate far above those of their contemporary's in the worlds other advanced nations.
Early death is our patriotic duty for the economy.
Basically a variation of dead peasant insurance where org.'s such as Walmart secretly bought life insurance for its low level workers making the company the beneficiary and then working them to death.
I am sure that insurance for the investors to protect against extended life spans etc are available.
A.I.G. will probably offer a one stop shop for the investment units to buy the life insurance then sell it to the back to A.I.G. for bundling, securitizing and marketing while offering risk insurance for the investors if the base investment units exceed the actuarial models. All with the knowledge that it is tax payers money guaranteeing every step of the process for the investors with the only people at risk of a failure would be the original customers for the life insurance
If this is true it goes a long way towards explaining the nutcase rights ( or as commonly referred to the Rethuglican Party) opposition to Health Care Reform.
Don't people see that if people live longer it is threat to the health of the investor class that Wall Street counts on to profit off of "Capitalism" which means that it is a threat to Amerika.
If people live longer those who have already invested would have to wait longer for their profits which would trigger increased claims upon the Risk insurers which in turn would cause another collapse of the worlds financial system.
So Americans for the sake of the investors class, capitalism and the world financial system must keep dying at a rate far above those of their contemporary's in the worlds other advanced nations.
Early death is our patriotic duty for the economy.
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We need statesmen not politicians, we the people of the Divided States of America, have to come together and stand against this madness. When pay raises stoped, and the answer is more hours at work, then we have allowed slavery with out skin color. Major drug co.'s dont want you healed because they could'nt make any money off of that. Why is it that in order to get rid of hart burn all you need is one tea spoon of apple vinager,give it about a week and it will be gone. Why is it, that all you need is about 1000 mg.'s of cinnamon per day, and that will stop diabeties dead in its tracks. This is when it is in its early stages, not after you are full blown diabetic. When the bottom line is above human lives, then we have to take a stand....
October 1, 2009 7:29 AM | Reply | Permalink