INSURANCE COMPANIES WIELD ENORMOUS POWER

From where and from whom are the presidential candidates getting so much money to pay for their campaigns. Try this as a small example..

On a day to day basis, insurance companies (ins cos) have a greater influence on the American people's lives than any other entity after government and God. From birth to death, insurance company power gives and takes - but mostly takes - in ways that are so hidden yet so numerous, so complex, so interwoven with all aspects of daily life, that it is almost impossible to weigh the impact they have on each and every individual.

As with all power elites, ins cos control enormous amounts of money that provides them with the clout they possess.

In no particular order, here is a list of some of the clear and overt ways ins cos accumulate wealth:
Life Insurance
Health Care Insurance
Fire, Flood, Earthquake and other Natural Disaster Insurance
Automobile coverage
Theft and other crime
Business liability, failure, theft and loss coverage
Workers Compensation insurance
Maritime insurance
Travel insurance
Acts of God

The cost of performing almost any human activity includes payment to ins cos.

The nominal basis for ins cos' existence is called, "Spreading the Risk." Whether an event will happen for sure, like death, or may or may not happen, like being struck by lightning, ins cos have accumulated experience ratings for the occurrence or non-occurrence of almost every event imaginable, it's timing, its frequency, its severity, its repair-ability, and any other ramification that will affect whether or not to insure against it, and, if to insure against it, how much to charge for the insurance and how much to pay the insured in the event of its occurrence.

The real basis for ins cos' existence is to accumulate wealth. Take in more than you pay out, use the accumulated capital to invest in more lucrative business endeavors than insurance, deny payment for an insured event whenever possible and for any possible reason, pay as little as possible when an insured event occurs, attempt to shift the burdens of payment to others, whatever works to protect your wealth - do it!

This leads insurance companies to spread their risk by re-insuring with other, larger ins cos and passing the cost of that additional coverage to the consumer who purchased the insurance policy.

The impact of ins cos power and functioning on the masses immediately becomes clear. They generally get screwed unless they have a history of paying insurers more than they receive from insurers. That's simple.

Loss of health care coverage is the crying example of how the American people are being robbed. What are ins cos doing in health care at all? What is "coverage?" The people mistakenly think they are paying for health care when in fact they are simply paying insurance companies to make a lot of money. And they have been indoctrinated to believe that if government took over the delivery of health care, they would suffer more than they are presently. That is such proof of the level of intelligence and gullibility of the American people, it defies belief.

What is hidden from the people is the impact of that enormous accumulation of wealth on government in all its functions. Laws are passed by legislators and signed by presidents that favor the ins cos. Those laws are upheld against legal attacks by the court system whose justices have been chosen by legislators put into power by ins cos and other power elites using their wealth to assure their future ability to acquire even greater wealth.