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fadedrose Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-08-09 06:15 PM
Original message
Insurance companies too special?
Steel companies went out of business or sold out because of foreign competition..towns became like ghost towns

Pottery workers - all gone..

Fabric Mills - gone..

Clothing and shoe manufacturers - long time gone..

Appliances - large and small - manufacturers gone...

Computers/electronics/tvs/radios/cameras - done away with..

Cars - almost gone..ghost towns...

Banks - not doing well

Stocks - down

Homes - down in value

The restaurants and stores that closed because customers lost their jobs..

People without health care - the only number that has risen.

And now Mitch McConnell and other Republicans say that health care with a public option or single payer would harm the insurance companies..

Isn't it their turn to be harmed? America has to share the pitiful economy and their time has come.

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K Gardner Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-08-09 06:17 PM
Response to Original message
1. Must save the industry that profits off of people's pain and suffering. This puts it
very much in perspective.. K&R.
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Mike 03 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-08-09 06:18 PM
Response to Original message
2. Steel? That is one sector you mention that I would consider a good investment. NT
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fadedrose Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-08-09 06:22 PM
Response to Reply #2
5. Not if you lived in the McKeesport - Pittsburgh area like I did...nt
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Mike 03 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-08-09 06:30 PM
Response to Reply #5
7. You are not experiencing high demand from China? Just asking? NT
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fadedrose Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-08-09 06:44 PM
Response to Reply #7
8. Not me personally...
When I worked (typing) at US Steel Duquesne Works office, our analysts almost daily brought in people from Japan and other countries showing them how to run and operate a steel mill. They learned from us and they learned to make steel cheaper.

US Steel then bought Marathon Oil and the mills in so many town closed. A few remained opened but hired very few people.

My point in the OP was that nobody lamented the loss of all those jobs; stores, towns, even churches, people moved away (like we did) - but now we are supposed to feel sorry for insurance companies and their employees.

Steel never did the harm that insurance companies do. They had to actally WORK for their profits and they made a good product.
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customerserviceguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-08-09 06:21 PM
Response to Original message
3. Insurance companies are indeed "the invisible bankers"
as Andrew Tobias called them in his book of the same name. We saw that the visible bankers got their bailouts without having to go through bankruptcy courts, or have their bonuses trimmed back, or any of the humiliating shit that other industries have suffered in the last six months.

I'm not holding my breath waiting for insurance companies of any kind or description to take their lumps, either, they all own a Congresscritter or two at least.
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Psychic Consortium Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-08-09 06:22 PM
Response to Original message
4. The ins companies are part of the evil empire that brought down the country. nt
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-08-09 06:26 PM
Response to Original message
6. k &r
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