- Joined
- May 17, 2005
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How does your insurance company going broke help you when you are sick?private insurance is a betting pool, you make bad bets you go broke
This sentence is a complete mess.government insurance is a ponzi scheme to buy votes and/or increase "contributions" from the favored insiders, bad bets get you re-elected because most voters don't pay attention to the scams as long as they get token "benefits"
Define ponzi scheme and state why government insurance is one and private insurance isn't.
How is it "favourable" to certain insiders that their "contributions" get increased? Who are the insiders that give contributions? Presumably they are the people with money and not the poor - who don't have anything to give as "contributions".
If a bad bet gets you re-elected, how is it a bad bet?
And isn't it so that most voters don’t pay attention to the scams because they are getting token benefits is also applicable to private scams like ... private health insurance? Doctors visits covered, some pills from time to time, no problem. Got cancer? Sorry, not covered.