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Can someone tell me why we're subsidizing Insurance companies? Stock growth included

Posted on 7/16/17 at 11:13 am
Posted by bamarep
Member since Nov 2013
51798 posts
Posted on 7/16/17 at 11:13 am
United Healthcare:

stock price: 07/16/12 - $50.85
07/14/17 - $186.90 (+267%)

Aetna:

08/17/12 - $35.89
07/17/17 - $155.27 (+322.7%)

Cigna

07/18/12 - $42.94
07/17/17 - $172.06 (+294%)

Humana

07/31/12 - $58.90
07/14/17 - $239.00 (+235%)

Centene

07/20/12 - $18.46
07/12/17 - $82.50 (+366%)

WellCare

07/18/12 - $66.96
07/12/17 - $183.12 (+183%)



The scammers.......er, I mean insurance companies listed are the largest in the nation per a site called Investopedia. As you can plainly see, since O'care was enacted and began implementation they have ALL experience TRIPLE digit growth in their stock value. ALL OF THEM.

Now, in true bipartisan fashion the monies from insurance companies, their PACS, and lobbyist groups are fairly equally spread out over both sides of the aisle according to opensecrets.org.

Again, besides the insane amount of campaign contributions who wants to bet that since 2012 how many of these lying bastard's "blind trust" stock accounts are incredibly heavily vested in these insurance companies.

Bring us to 2017, post HUGE profit gains by these fricking crooks the actual product that insurance companies are delivering to their constituents seems to be imploding and the public is about ready to revolt what is happening. After voting over FIFTY times to repeal this fricking sham since taking over the House and Senate when they knew damn good and well the POTUS wouldn't sign it; how many times has a full repeal been voted on since Trump's inauguration?

ZERO

Trump not only would sign a full repeal, he ran his campaign on a full repeal. Since the Recucklicans can't seem to come up with a viable bill to actually provide what taxpayers (key word here) are wanting Trump has actually advocated for a stand alone repeal and fix later proposal already sitting in Congress. Did "Republicans" act"

We all know the answer to that. They don't want to repeal the fricking bill. Not because of killing "muh chillens" in the street, but because they don't to loose their GOT DAMN gravy train from the insurance business.

What we're left with in the 24/7 news cycle is muh meetings, muh lies, muh collusion, muh interference and what every fricking carrot they can dangle in front of us to keep us from paying attention to what their lying, crooked, stealing arse is really doing behind the scenes.

It's not a Democrat problem, it's not a Republican problem, it's not a libertarian problem.

It's a fricking corruption problem we're ALL complicit in for arguing about dumb shite while they rob us blind.

Not to go all TX Tiger this morning because this isn't a global cabal issue doing this to us. It's a Washington DC issue and it's past time to send ALL of these do nothing mother frickers to the cheese line with a pink slip.


frick


THEM


ALL


Stay woke baws.


Posted by boosiebadazz
Member since Feb 2008
80227 posts
Posted on 7/16/17 at 11:15 am to
You and i don't see eye to eye much, but this is a post that is put together very well.
Posted by dbeck
Member since Nov 2014
29451 posts
Posted on 7/16/17 at 11:17 am to
quote:

but because they don't to loose their GOT DAMN gravy train from the insurance business.


Bingo! Follow the money and you'll find the truth about our government.
Posted by dcbl
Good guys wear white hats.
Member since Sep 2013
29676 posts
Posted on 7/16/17 at 11:19 am to
quote:

boosiebadazz


glad to see you back

Posted by cajunangelle
Member since Oct 2012
146688 posts
Posted on 7/16/17 at 11:19 am to
you is baaaack. NT74 and KCT are not posting or banned. it has not been any fun round here. I have resorted to posting to Striong Safety like he is NT74. It has been agonizing.

don't be a jackass and you won't get banned again. are you engaged?
Posted by boosiebadazz
Member since Feb 2008
80227 posts
Posted on 7/16/17 at 11:20 am to
I am engaged, and I'm apprehensive to comment on my banishment other than to say I felt this one was less deserved than some other in my past. However, I appreciate the admins for letting me back on.

Posted by burdhead
WOMP WOMP!!
Member since Apr 2017
6008 posts
Posted on 7/16/17 at 11:22 am to
quote:

Follow the money and you'll find the truth about our government.
most accurate statement ever posted on the board
Posted by cajunangelle
Member since Oct 2012
146688 posts
Posted on 7/16/17 at 11:29 am to
Health: Money to Congress

Top 20 Members

Candidate Amount
Sanders, Bernie (D) $4,122,505
Cruz, Ted (R-TX) $3,079,012
Rubio, Marco (R-FL) $2,155,648
Van Hollen, Chris (D-MD) $1,620,897
Ryan, Paul (R-WI) $1,404,723
Portman, Rob (R-OH) $1,272,003
Burr, Richard (R-NC) $1,245,015
Schumer, Charles E (D-NY) $1,207,001
Young, Todd (R-IN) $1,146,905
Bennet, Michael F (D-CO) $1,083,072
Toomey, Pat (R-PA) $1,045,000
Blunt, Roy (R-MO) $1,035,959
Wyden, Ron (D-OR) $1,011,117
McCarthy, Kevin (R-CA) $966,685
Brady, Kevin (R-TX) $957,451
Murray, Patty (D-WA) $902,983
Tiberi, Patrick J (R-OH) $845,689
Paul, Rand (R-KY) $825,313
Boustany, Charles Jr (R-LA) $774,244
Heck, Joe (R-NV) $769,326

LINK

The numbers on this page are based on contributions from PACs and individuals giving $200 or more.
This post was edited on 7/16/17 at 11:34 am
Posted by airfernando
Member since Oct 2015
15248 posts
Posted on 7/16/17 at 11:32 am to
Money controls our government "representation". Insurance companies have a lot of money. They control said representation.
Posted by cajunangelle
Member since Oct 2012
146688 posts
Posted on 7/16/17 at 11:34 am to
Even a PAC for Trump got money
Posted by bamarep
Member since Nov 2013
51798 posts
Posted on 7/16/17 at 11:35 am to
quote:

You and i don't see eye to eye much, but this is a post that is put together very well.



Thanks boosie. Post more. Most of the time around here I'm just screwing with the resident proggies so don't take me too seriously.


Today, I just woke up pissed off about this for some reason and decided to do a little research on it.
Posted by Squedunk
Around Dumb People
Member since Jun 2008
671 posts
Posted on 7/16/17 at 11:35 am to
Now this is interesting.
Posted by Knight of Old
New Hampshire
Member since Jul 2007
10973 posts
Posted on 7/16/17 at 11:35 am to
quote:

It's not a Democrat problem, it's not a Republican problem, it's not a libertarian problem. 

It's a fricking corruption problem we're ALL complicit in for arguing about dumb shite while they rob us blind. 
This...
Posted by bamarep
Member since Nov 2013
51798 posts
Posted on 7/16/17 at 11:36 am to
quote:

Even a PAC for Trump got money



NONE of them are immune. There isn't a bigger Trump guy around than me but unfortunately the machine is bigger than he is.
Posted by cajunangelle
Member since Oct 2012
146688 posts
Posted on 7/16/17 at 11:38 am to
Agreed. Add all of the money together and then add the amount Obama paid them off to STFU in the beginning and the insurance companies and DC are rolling in the dough, as the working class suffers.
Posted by dbeck
Member since Nov 2014
29451 posts
Posted on 7/16/17 at 11:41 am to
quote:

Money controls our government "representation". Insurance companies have a lot of money. They control said representation.

Taxation without representation? Sounds like fightin' words.
Posted by cajunangelle
Member since Oct 2012
146688 posts
Posted on 7/16/17 at 11:41 am to
Even the beloved Rand Paul is on the take. They ALL are.
Posted by bamarep
Member since Nov 2013
51798 posts
Posted on 7/16/17 at 11:43 am to
I'd like to also add that in no way am I against a company making a profit for providing a service or product people are willing to pay for.

Companies experiencing this kind of growth don't need a fricking penny from the taxpayer outside of the cost of the service/product being purchased.

Aetna, BCBS, UnitedHealth, Iowa corn farmers, Elon Musk; frick them all with a dripping dick when it comes to taking my taxpayer money for the sake of corporate profits.
Posted by dbeck
Member since Nov 2014
29451 posts
Posted on 7/16/17 at 11:45 am to
It's why I laugh when people suggest cutting their salaries. Their salaries are a drop in the bucket compared to the kickbacks and legalized bribery (lobbying) they receive.
Posted by cajunangelle
Member since Oct 2012
146688 posts
Posted on 7/16/17 at 11:51 am to
did they ever vote that they can't do insider trading? add that money to their kickback money and they are all laughing their asses off all the way to their island homes. then, as you said, add in their regular pay (THEY GET COLA raisies) regular America does not,! and they are all as rich as Feinstein, Pelosi and McCain.
This post was edited on 7/16/17 at 11:52 am
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