Category: Insurance Policies & Industry
By Rabble Rouser Reverend Amy on Oct 27, 2009 in Congress (House & Senate), Current Affairs, Democrats, Gender Bias, Health Care, Insurance Policies & Industry, Women and Children | 62 Comments
There has been a great deal of talk and debate about health care in the country recently as the Democrats push Heath Care Reform. A lot of animosity has been directed at the Health Insurance Industry as a whole. As it turns out, some is justified, but some is not. I was [...]
By Rabble Rouser Reverend Amy on Oct 22, 2009 in Afghanistan, Congress (House & Senate), Current Affairs, Insurance Policies & Industry, President Barack Obama, TARP | 98 Comments
You know, the night the Yankees clinch the American League Championship? They lead the series 3 - 1 over the Angels, and HOPEFULLY, will win again tonight to meet the Philadelphia Phillies in the World Series. The Phillies, in case you missed it, closed out the National League Championship over the LA Dodgers [...]
By Rabble Rouser Reverend Amy on Oct 16, 2009 in ABC News, Afghanistan, Bamboozling, Campaign promises, Congress (House & Senate), Current Affairs, David Axelrod, Depression, Economy, Flip Flopping, Foreign Policy, Fox News, Governance, Harry Reid, Health Care, Hoodwinking, Housing & Housing Crisis, Insurance Policies & Industry, Iran, Iraq, President Barack Obama, Rahm Emanuel, Secretary of State Hillary Clinton, Speaker Nancy Pelosi, Unemployment, Unemployment/Jobs | 80 Comments
One just has to wonder what prompted the child in the video below to ask Obama the question he did. Maybe people in his household were decrying the lack of it, or maybe this child was picking up on the animosity in the air, or maybe he just wanted to share the good news [...]
By Pat Racimora on Sep 26, 2009 in Health Care, Insurance Policies & Industry | 37 Comments
Can you guess which health care costs are rising the fastest? I’ll even help you out by listing the top five (and portraying them in my toon).
Cancer
Asthma
Trauma (externally inflicted injuries)
Heart Conditions
Mental illness
Got your answer in mind?
By Rabble Rouser Reverend Amy on Sep 23, 2009 in Barack Obama, Censorship, Congress (House & Senate), Current Affairs, Freedom of Speech, Health Care, Insurance Policies & Industry, Medicare | 42 Comments
By now, surely you have heard about the White House threatening a Gag Order on insurance companies, Humana in particular out of KY. Why? Because they dare to tell their members what will happen to Medicare Advantage if the current Health Care Bill goes through. Damn their eyes - what are they [...]
By Linda Anselmi on Aug 17, 2009 in Health Care, Insurance Policies & Industry, President Barack Obama, Universal Health Care | 61 Comments
(Updated at end of post with excellent video of Dylan Ratigan’s Morning Meeting talking about the administrations “un-American” deals.)
We must have misunderstood. We actually thought the whole point of reforming health care was to help the american people have better, more affordable health care. We thought the promise was:
BARACK OBAMA’S PLAN FOR A [...]
By Rabble Rouser Reverend Amy on Jun 24, 2009 in Current Affairs, Insurance Policies & Industry, National Debt, Obama Administration, Unions, Universal Health Care, Workers | 37 Comments
No doubt, you know there are plans afoot by Obama and Congress to extend health care benefits to all. It raises that sticky question of just how these costs will be covered. And when I say costs, I mean at least one TRILLION dollars, though I have seen estimates that are higher. [...]
By Larry Doyle on Apr 15, 2009 in Insurance Policies & Industry, TARP | 3 Comments
Who can ever forget the Seinfeld episode featuring the Soup Nazi? Well, in that same vein, the insurance company Genworth Financial was just summarily thrown out of the Treasury “line” to receive TARP funds. The WSJ reports, Genworth Financial Shares Slump on TARP Ineligibility:
Shares of Genworth Financial Inc. fell as much as 31% Monday [...]
By Larry Doyle on Mar 24, 2009 in American Consumers, Banking Institutions, Credit Card Companies, Economy, Hedge Funds, Insurance Policies & Industry, Sense on Cents (Larry Doyle blog), Wall Street | 26 Comments
I have written at length about the problems within the banking, insurance, hedge fund, and consumer finance industries over the last 6 months. While the bulk of the media focus has been on the banking industry - and primarily the large money center banks - the erosion in asset values at these other financial companies [...]
By Larry Doyle on Mar 23, 2009 in American Consumers, Auto Industry, Banking Institutions, Current Affairs, Economy, Insurance Policies & Industry, Sense on Cents (Larry Doyle blog), Wall Street | 12 Comments
The movie Jaws struck fear into the souls of beachgoers in the mid-70s. If our current economy were only a scary movie. A classic scene in Jaws occurred when the salty mariner Quint eyed the shark and informed his sidekicks, “we need a bigger boat.”
In similar fashion, the size of the losses embedded in [...]
By Larry Doyle on Mar 19, 2009 in American Consumers, Bank Bailouts, Banking Institutions, Barack Obama, Ben Bernanke, Economy, Hedge Funds, Insurance Policies & Industry, Nancy Pelosi, Obama Administration, Sense on Cents (Larry Doyle blog), Wall Street | 34 Comments
The kangaroo court on Capitol Hill just passed a bill to tax bonus payments at a 90% rate for employees (with family incomes in excess of $250,000) of AIG and other firms that received $5 billion or more in government bailouts. In my opinion, this piece of legislation is a poorly constructed means of [...]
By SusanUnPC on Mar 18, 2009 in American Consumers, Current Affairs, Economic Stimulus, Economy, Insurance Policies & Industry | 13 Comments
CNN.com and C-Span3. (We’ll also post a live thread for Obama’s town hall meeting later.) Via C-Span:
Edward Liddy, AIG Chairman & CEO, appearing before congress, stated that he has asked AIG employees who received bonus money to return some of the money. He also said that “in reviewing how AIG had been run in [...]
By Larry Doyle on Mar 18, 2009 in AIG, Insurance Policies & Industry, Sense on Cents (Larry Doyle blog), Wall Street | 17 Comments
***Cross-posted from my blog, Sense on Cents. Come by and visit!
Given the public outrage over the millions in bonus payments at AIG, is there any doubt that there has been a massive failure to perform by all involved?
When AIG was on the verge of bankruptcy last September, I am willing to bet the topic of [...]
By Larry Doyle on Mar 16, 2009 in American Consumers, Bank Bailouts, Current Affairs, Economy, Insurance Policies & Industry, Sense on Cents (Larry Doyle blog), Wall Street | 28 Comments
When an entity has an 80% equity stake in a company, one may think that nothing of substance could happen there without that majority shareholder’s consent. Well, how is it that the black hole known as AIG to Pay $450 Million in Bonuses.
We may see some arm waving and loud pronouncements from Congress about [...]
By Larry Doyle on Mar 5, 2009 in American Consumers, Banking Institutions, Commerce, Current Affairs, Economy, Insurance Policies & Industry, Mortgages, Retail Businesses | 39 Comments
In very short order, the FDIC (Federal Deposit Insurance Corporation) has seen its reserves plummet from $50 billion to $18.9 billion at the end of 2008. At that pace and with the expectation of more bank failures, could this bedrock of our national banking system go broke? Well, FDIC’s Bair Says Insurance Fund Could Be [...]
By Larry Doyle on Feb 24, 2009 in Insurance Policies & Industry, Wall Street | 8 Comments
It’s as easy as A-I-G…
While the government has pumped billions of dollars into Freddie, Fannie, the banks, the auto companies, and on and on it goes, the largest single government intervention into a private company centers on AIG. How are our investment dollars doing? Bloomberg.com reported:
“While I anticipated AIG would come back to the government [...]
By Larry Doyle on Jan 17, 2009 in American Consumers, Auto Industry, Banking Institutions, Bernie Madoff, Credit Card Companies, Current Affairs, Earmarks, Economic Stimulus, Economy, Infrastructure, Insurance Policies & Industry, Real Estate, Retail Businesses | 38 Comments
The station is filling up as the weather outside is getting very blustery.
The markets and economy remain turbulent. Economies overseas are also in the midst of stormy weather.
Banks are flooded with bad loans. The auto industry is praying for an Obama lifeline!
Residential housing and commercial real estate continue to take on water.
Where [...]
By Larry Doyle on Jan 13, 2009 in American Consumers, Current Affairs, Economic Stimulus, Economy, Housing & Housing Crisis, Insurance Policies & Industry | 13 Comments
(bumped up by Susan)
At the request of numerous readers, I am offering a review of our interview this past Sunday evening with insurance and financial planning expert, Sean D’Arcy. Additionally, if you’d like to listen to this interview in its entirety, please visit “No Quarter’s Dollars and Sense with LD.” Archived programs are available to [...]
By Larry Doyle on Jan 12, 2009 in American Consumers, Banking Institutions, Current Affairs, Economic Stimulus, Economy, Insurance Policies & Industry | 21 Comments
(bumped up by Susan)
With so many cross-currents in our economy and markets, it is little wonder that people feel overwhelmed and disoriented. The powers-that-be in Washington are in a period of transition with plenty of backroom dealing going on from both a political and economic standpoint. The financial markets remain challenged from a [...]
By Larry Doyle on Jan 11, 2009 in American Consumers, Current Affairs, Economic Stimulus, Economy, Housing & Housing Crisis, Insurance Policies & Industry, NoQuarter Radio, Open Thread | 13 Comments
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SPECIAL GUEST TONIGHT:
A TOP INSURANCE INDUSTRY EXPERT
IF YOU HAVE ANY INSURANCE POLICIES,
BE SURE TO LISTEN AND CALL IN at 347-677-0792
NOW AVAILABLE in ARCHIVES via BlogTalkRadio.com,
or ITunes, or downloaded to your IPod.
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*** Special Guest: Sean D’Arcy of Northwestern Mutual has close to 30 years worth of experience in the insurance and financial planning industry. Sean is [...]