Reduced production costs and or reduced labor costs does not mean reduced prices. History has this type of process as profit only for the ownership or shareholders. Rich get richer, poor get poorer per the scriptures in the Bible. Amen.
Only insurance companies get paid by law as a requirement (insurance premiums). Banks entice, there is no law making it mandatory for you to pay banks. The insurance industry relies on it's clients not to file claims, of which, they "flip" the clients money by loaning it out (they are so prominent they issue mortgages, now). The insurance industry waited for FEMA instead of immediately handling the claims they are responsible for. How else could America have a record number of hurricanes and insurance rates go down? The insurance industry paid hardly any claims. It is Americans that suffered from corporate America (the auto industry and yes, banks too) moving the good paying jobs over seas for their CEO's record profits. Yes, and there is one last very true note, Bush bails out the banks and A-- insurance with emergency relief, but signed into law, years ago, a law that makes it extremely tough for the average American to file bankruptcy. What about the little guys bailout? No, spa $400,000.00 treatment for the American that lost his and or her job due to outsourcing over seas.
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Reduced production costs and or reduced labor costs does not mean reduced prices. History has this type of process as profit only for the ownership or shareholders. Rich get richer, poor get poorer per the scriptures in the Bible. Amen.
I posted 30546820. Not Anonymous Coward.
Only insurance companies get paid by law as a requirement (insurance premiums). Banks entice, there is no law making it mandatory for you to pay banks. The insurance industry relies on it's clients not to file claims, of which, they "flip" the clients money by loaning it out (they are so prominent they issue mortgages, now). The insurance industry waited for FEMA instead of immediately handling the claims they are responsible for. How else could America have a record number of hurricanes and insurance rates go down? The insurance industry paid hardly any claims. It is Americans that suffered from corporate America (the auto industry and yes, banks too) moving the good paying jobs over seas for their CEO's record profits. Yes, and there is one last very true note, Bush bails out the banks and A-- insurance with emergency relief, but signed into law, years ago, a law that makes it extremely tough for the average American to file bankruptcy. What about the little guys bailout? No, spa $400,000.00 treatment for the American that lost his and or her job due to outsourcing over seas.