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Post by cpdad on Apr 8, 2009 22:46:08 GMT -5
dont have details.....but just heard where the hartford and prudential life insurance divisions are asking for bail outs...from what i can tell by listening{loosely}....they bought into the housing market.
as much as i have been in and out of the hospital lately...testing for this and that....being poked and prodded....it might be best if some of us go ahead and move on to make sure our loved ones have a few dollars.... before they fail.....what a dollar may be worth is another story.
are life insurance companies to big to fail also?....i dont know....seems like some of us need to die quick....kev.
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Post by mohs on Apr 8, 2009 23:25:19 GMT -5
in my conspiracy filled paranoid moments i sometimes feel this is the plan and have I always felt that baby boomers SSI is on the chopping block :nono:
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jerryde
starting to spend too much on rocks
Member since November 2005
Posts: 246
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Post by jerryde on Apr 8, 2009 23:56:08 GMT -5
Kev:
I am a little older than you...I have seen a lot of good and bad goings-on in our country...The insurance industry has always invested in property, housing and commercial . Looking back I can see where a lot of the problems had there beginnings.
Back in Regan's 2nd term, the country had just pulled out of the worst times of the Carter admin. but the Dems. controlled the House under Tip O'neill...stymied most of the policies Regan wanted for our country...
I believe that was the start of the us versus them mentality in government politics. It's my way because we control...not always what is good for the country. It has slowly progresses over the years until now...almost every bill is looked at in this contexts.
Add to it the greed factor, not only of government officials but corporate leaders bending laws that should protect the working people from harm to line their own pockets. We as a nation has lost sight of our core values as a people but, are turning aside the laws set down by our founding Fathers...(leaders of our nation)
What is happening today is bringing together the unchecked radical views and distortions of what our nation has gone through over the last 200 plus years... Freedom is no longer free. Oppression (controlling the money of the average person) is the order of the day...and it is happening before your very eyes...unless...
"You look at yourself in the mirror and see your families future" and decide what's more important the boat or motorbike... you see those things all go away in time...rust fall apart...but what's at stake is "your family's inter most values" is all you have... Not my values or his or her values...but "Yours"
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