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Re: DeLong on health insurance reform

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  • Nick Arnett
    ... No, all companies aren t. I m on the board of a $10 million company that seeks to make not a cent of profit. My family s insurance company doesn t seek
    Message 1 of 146 , Sep 6, 2009
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      On Sun, Sep 6, 2009 at 12:46 PM, John Williams <jwilliams4200@...> wrote:

      Aren't almost all companies "worried about making money for
      themselves"? Seems to work out all right to me.

      No, all companies aren't.  I'm on the board of a $10 million company that seeks to make not a cent of profit.  My family's insurance company doesn't seek to make a cent of profit.  Nor does the company where most of our retirement money is.  The first is a non-profit and the other two are mutual benefit corporations that don't make money as companies.  They pay good salaries and bonuses and return profits to their customers/members.

      I think it says a lot about a person's attitude if they think that every company is motivated by profit.  Some of the largest, most successful companies in the world were not managed by seeking profits.  My financial mentor for 25 years is a former Teledyne CEO, who learned from Henry Singleton that if you manage by cash flow, profit takes care of itself.  Lack of cash kills a lot more companies than balance sheet losses.

      Do you mean, why would Americans choose freedom when they can instead
      have their money taken from them and told what to do with their money
      and have their health care choices dictated by their rulers?

      It is a sick version of freedom that ideologically dictates that we are not free to offer health care to everyone, as a nation rather than through private enterprise.

      Nick


    • Ronn! Blankenship
      ... Perhaps it s their way of telling you that the pills are so expensive that you won t be able to afford them and a proper hot tub, too . . . . . . ronn! :)
      Message 146 of 146 , Sep 24, 2009
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        At 09:23 AM Thursday 9/24/2009, zwilnik@... wrote:
        >
        >Why is it that taking Cialis causes you to set up adjacent outdoor
        >bathtubs? We could never figure that one out. Sounds uncomfortable to me.



        Perhaps it's their way of telling you that the pills are so expensive
        that you won't be able to afford them and a proper hot tub, too . . .


        . . . ronn! :)



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