Has nothing to do with who's right or wrong, but everything to do with you misrepresenting the facts. The fact is that insurance companies make more than 3% than when I prove you wrong you say they turned it all back to the company. You didn't even acknowledge the billions they reported as a return on their equity. The fact is I'm right So why would you want to discuss it. If what you were saying was even remotely true there is noway We would even be discussing this but because insurance companies deny coverage fuck people over and make obscene profits and have no regard for the health and welfare of anything but thebottom line we had to do something . If you want to shill for the fucking thieves than do so but don't act like it's because I won't listen to your bullshit. You said they make 3% I proved you wrong and you made up some other bullshit. That's why we won't be discussing it anymore. At least try to be honest about something. As far as ssd goes he's a fucking dickhead and always has been. If you have truly read my posts you would see that I'm a normally very nice person but I don't like to be lied to
As usual, you are wrong. I didn't misrepresent anything. You are just being dumb.
I said the average for the industry, in terms of profit margin, was 3-4%. This can be backed up by multiple sources and I showed you one.
You cherry pick a couple of outliers higher than 3-4% - and try to represent that as average. Of course, if you had math skills, you'd realize that if there are some that are 0-1% that offset that, then the average would be 3-4%.
And then, you try to change the topic to a different financial metric - ROE. :mj07: Of course, I was responding to a question on profit margin when you piped in. That was the topic. Since you were again losing the argument, you decided to change the topic to "well, that may be so, but what about return on equity?". Typical liberal. Lose one argument, then try to change the topic to something completely different.
You don't admit the truth - you took the high earning outliers and try to represent that is the average. You probably don't even understand how an average is calculated.
So, let me use a liberal tactic of changing the subject. If you want to talk about something interesting, let's talk about how blood sucking unions have driven jobs offshore, hurting the American job market and sending the jobs overseas by their continual outrageous demands.
Unions are going the way of the dinosaur - and just like Democrats were on the wrong side of history with their love of slavery, Republicans are with their gay marriage stance, so are you with your love of unions. They are history - and the public is solidly against them and what they stand for.
Or more specifically, let's discuss the blood sucking union of American Airlines, which drove the airline into bankruptcy, due to their high labor costs as compared to other airlines.
How is American Airlines doing today anyway? Ranked pretty low and still coming out of bankruptcy, aren't they?