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Old 03-02-2018, 09:21 AM   #119
tw
Read? I only know how to write.
 
Join Date: Jan 2001
Posts: 11,933
Quote:
Originally Posted by henry quirk View Post
I must disagree. The original (and current) purpose of insurance (in a free, or somewhat free, market) is to make money for the company owner(s).
Companies that operate on that principle are some of the most unproductive companies in this country. They believe the entire purpose of that company is to enrich the central committee - top management.

How ironic. That is also called communism. When socialism breaks down, the Central Committee of the Communist Party is only interested in their wealth and power.

henry quirk has just endorsed communism. Go figure.

The purpose of every company is its product. Profits are only a reward for successfully doing its purpose. That has always been fundamental to this America economy.
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