Trump's "deregulating" everything is tantamount to.......

nat4900

Diamond Member
Mar 3, 2015
42,021
5,964
1,870
ANARCHY......a state of disorder due to absence or nonrecognition of authority..

Somehow, Trump cultist "think" that the removal of any safeguards for consumers and clients from "kind-hearted and altruistic" companies will be better for the common citizen.
After all, companies' main objective is to do what is morally and ethically best for consumers, and NOT to make huge profits with the least amount of expenditure.....CORRECT, right wingers???

Here's an example.......Health care insurers....as most insurers have managed to BRIBE congress to make them EXEMPT from anti-trust regulations, so that they could be free to COLLUDE on price fixing and completely eliminate competition........basically the ANTITHESIS of capitalistic tenets.

Price fixing, a free hand in polluting, the emergence of scams to defraud, rising costs, abolition of competition, etc. ARE ALL "legally" ushered in through deregulation.

"Thank you" fat, stupid and inept orange clown.....

(It'll take quite a while to undo this idiot's and his cult's screw-ups.)
 
ANARCHY......a state of disorder due to absence or nonrecognition of authority..

Somehow, Trump cultist "think" that the removal of any safeguards for consumers and clients from "kind-hearted and altruistic" companies will be better for the common citizen.
After all, companies' main objective is to do what is morally and ethically best for consumers, and NOT to make huge profits with the least amount of expenditure.....CORRECT, right wingers???

Here's an example.......Health care insurers....as most insurers have managed to BRIBE congress to make them EXEMPT from anti-trust regulations, so that they could be free to COLLUDE on price fixing and completely eliminate competition........basically the ANTITHESIS of capitalistic tenets.

Price fixing, a free hand in polluting, the emergence of scams to defraud, rising costs, abolition of competition, etc. ARE ALL "legally" ushered in through deregulation.

"Thank you" fat, stupid and inept orange clown.....

(It'll take quite a while to undo this idiot's and his cult's screw-ups.)

Trump told them it was good, that is all that matters to them. Among the far right Trump is trusted more than the bible. He is their savior and his word is TRUTH.
 
Marxism: Government owning the means of production
Neo-Socialism: Government regulating(owning) the means of production
It's the same chit
 
How anyone can look at what happened in 2008/9 and still push for broad deregulation is a testament to the power of partisan ideology.


True.....but Trump cultists have "concluded" that.....for example.....Wall Street bankers have now found their "ethical rudders".......LOL
 
ANARCHY......a state of disorder due to absence or nonrecognition of authority..

Somehow, Trump cultist "think" that the removal of any safeguards for consumers and clients from "kind-hearted and altruistic" companies will be better for the common citizen.
After all, companies' main objective is to do what is morally and ethically best for consumers, and NOT to make huge profits with the least amount of expenditure.....CORRECT, right wingers???

Here's an example.......Health care insurers....as most insurers have managed to BRIBE congress to make them EXEMPT from anti-trust regulations, so that they could be free to COLLUDE on price fixing and completely eliminate competition........basically the ANTITHESIS of capitalistic tenets.

Price fixing, a free hand in polluting, the emergence of scams to defraud, rising costs, abolition of competition, etc. ARE ALL "legally" ushered in through deregulation.

"Thank you" fat, stupid and inept orange clown.....

(It'll take quite a while to undo this idiot's and his cult's screw-ups.)

Let's take your health insurers example.
Assume you are the president of a start up health insurance company.
Are you aware that you need if you wanted to start this health insurance company in Florida more than $2.5 million...known as reserves.
http://www.naic.org/documents/industry_ucaa_chart_min_capital_surplus.pdf

Now say you have $3 million available for reserves and start up costs.
Now say you sell 1,000 people all age 35... yes I know that's an impossibility but the complexity of actuarial aspects is great. (I bet you have NO IDEA what an actuary does do you?)
Remember this is health insurance. You are telling people to pay you in Florida $3,881 per year.
Average Cost Of Health Insurance (2017)
So that's $3,881,700 in premiums ... WOW... that's great! happy days... Rich evil capitalist now is what you are!
But wait.... We forgot about paying claims... hmmm....
called Medical loss ratio the average health insurance company...
If an insurer uses 80 cents out of every premium dollar to pay its customers' medical claims and activities that improve the quality of care, the company has a medical loss ratio of 80%. A medical loss ratio of 80% indicates that the insurer is using the remaining 20 cents of each premium dollar to pay overhead expenses, such as marketing, profits, salaries, administrative costs, and agent commissions. The Affordable Care Act sets minimum medical loss ratios for different markets, as do some state laws.
Medical Loss Ratio (MLR) - HealthCare.gov Glossary
So out of the $3,881,700 in premiums...oh... no...that's $3,105,360...leaving what $776,340 for overhead, marketing, etc. and wait a minute FLORIDA requires RESERVES for future
claims... so that comes out of this $776,340 also!
And of course those idiots in Obamacare hating "profits" now forced insurance companies to pay out 85% or rebate the difference!

So Mr. President of the health insurance company after all these expenses of 85% or that leaves $582,255 to pay for salaries, marketing, etc. PLUS wait remember reserves.
This leaves based on national averages of net profits BEFORE TAXES... of less then 6% or $34,935! And this is before of about 53.5% (Aetna's taxes) TAXES!

So Mr. President of the Health insurance company... What is the profit on that $2.5 million required to start the insurance company in Florida ? 0.007%!
Wow what a return on investment!!!
 
ANARCHY......a state of disorder due to absence or nonrecognition of authority..

Somehow, Trump cultist "think" that the removal of any safeguards for consumers and clients from "kind-hearted and altruistic" companies will be better for the common citizen.
After all, companies' main objective is to do what is morally and ethically best for consumers, and NOT to make huge profits with the least amount of expenditure.....CORRECT, right wingers???

Here's an example.......Health care insurers....as most insurers have managed to BRIBE congress to make them EXEMPT from anti-trust regulations, so that they could be free to COLLUDE on price fixing and completely eliminate competition........basically the ANTITHESIS of capitalistic tenets.

Price fixing, a free hand in polluting, the emergence of scams to defraud, rising costs, abolition of competition, etc. ARE ALL "legally" ushered in through deregulation.

"Thank you" fat, stupid and inept orange clown.....

(It'll take quite a while to undo this idiot's and his cult's screw-ups.)
Anything That damages the federal government is a good thing for the country. Dip shit
 
There needs to be a reasonable amount of regulation; the problem is getting the right amount. Over regulation can be as bad as under regulation or no regulation.
 
How anyone can look at what happened in 2008/9 and still push for broad deregulation is a testament to the power of partisan ideology.

That was a willful lack of regulation because everyone was making money. And there was regulation, it just wasn't good regulation.

progressives seem to equate volume of regulation with it's level of effectiveness. People who actually work in the regulated industries would beg to differ.

When lawyers and activists with a axe to grind write them all you get is a combination of useless wrote paperwork coupled with stealth attempts at suppression instead of regulation.

And when actual industry people are brought in, you know, the people who actually know how said process/system works, the activists scream about sellouts and collusion.
 
Anything That damages the federal government is a good thing for the country. Dip shit

This might be the most idiotic post I have ever read on this forum, and that is a high bar to get over.

It is a crying shame that people as stupid as you get to vote. There really should be an IQ test for voting, anyone with an IQ lower than a head of cabbage is barred from voting. Then I would not have to worry about people like you voting.
 
Over regulation limits growth and aids corruption.

You over regulate you eliminate the new folks. Then you can
rip thru the existing corps, who will gladly pay the added taxes
for having cornered the entire market.

Much easier for the Government and a few companies to do "business
on the side."
 
How anyone can look at what happened in 2008/9 and still push for broad deregulation is a testament to the power of partisan ideology.

Exactly!
Like that regulation that forced Fannie and Freddie to make 55% of their mortgage purchases,
subprime mortgages. Good stuff!!!
 

Forum List

Back
Top