Monthly Archives: April 2017

Insurance: Are They Stupid, Dishonest, Or Both?

I am continually shocked by how many people seem to have absolutely no understanding of the concept of insurance.  To most people today, insurance is simply the “necessary” mechanism by which all medical expenses are paid.  I truly believe that most people no longer understand or believe that insurance is a purely elective means of risk-pooling against catastrophic events, i.e. getting greased in a car wreck, or being diagnosed with pancreatic cancer, nor that its widespread use is a phenomenon of only the past few decades. It boggles the mind, because I get the sense that people understand insurance in the context of their homes (no one calls the home insurance carrier demanding that their policy pay-out for remodeling their house, or paying for their housekeepers or gardeners), but when it comes to health insurance in particular, it is just jaw-dropping stupidity all around.

There are two categories that we can sort politicians into when it comes to insurance: the galactically stupid, and the criminally dishonest.  We shall look at examples of both, namely Barack Hussein Barry Obama Soetoro, and Donald J. Trump.

First, the galactically stupid.

Quite a few of us knew that Barack Obama the man was a complete fraud from well before he and his cadre usurped the Executive Branch of the (former) U.S. government.  Obama was clearly placed into the Ivy League academia on track for high political office, despite the fact that he was not only a slack-jawed imbecile, but also a hard drug user.  Obama was, very simply, a black guy with straight teeth who could (mostly) read a TelePrompTer with a diction that was not tainted with the American black ebonic corruption. And it isn’t an accent – it is a corruption. Forming vowels slightly differently is an accent (think Wisconsin). Butchering a language grammatically and in every other conceivable sense is a corruption.  Jesse Jackson, for example, was always unelectable because you can’t understand a damn word he says.  Even the most brainwashed white American will still, deep down, blanch at the thought of voting for someone who cannot speak even ONE LANGUAGE, their MOTHER TONGUE.  Barack Obama Soetoro was raised by white mid-westerners, and thus, despite his stupidity, learned to speak American English. But it was clear from the beginning that the guy was dumber than a box of hair.

To wit: February of ARSH 2010.  It is the heat of the ObamaCare campaign. Obama, going off TelePrompTer, spins the following anecdote.  Now, bear in mind, it makes no difference if this story is true or not for the purposes of this discussion.  What we need to focus on is the logic and sense (or lack thereof) of what he said:

When I was young, just got out of college, I had to buy auto insurance. I had a beat-up old car. And I won’t name the name of the insurance company, but there was a company — let’s call it Acme Insurance in Illinois. And I was paying my premiums every month. After about six months I got rear-ended and I called up Acme and said, I’d like to see if I can get my car repaired, and they laughed at me over the phone because really this was set up not to actually provide insurance; what it was set up was to meet the legal requirements. But it really wasn’t serious insurance.

Now, it’s one thing if you’ve got an old beat-up car that you can’t get fixed. It’s another thing if your kid is sick, or you’ve got breast cancer.

When I first saw this, I realized to what extent Obama really was just a puppet of the Soros New World Order cadre behind him.  Obama had and has ZERO understanding of insurance.  None.

First, if Obama were insuring a “beat-up old car”, then it is clear that he had the minimum legal required coverage – LIABILITY.  Liability coverage, the minimum coverage, which is required to lawfully drive a car on the roads of the (former) United States, covers only damage to others that is YOUR FAULT.  It does not cover any damage to your own vehicle that YOU CAUSE.  For many people, this is the ONLY sensible level of coverage.  For example, when I was in my last year of college, I bought a 1985 Ford LTD Crown Victoria for $700.  It started and ran, but the electrical system was sketchy and the dash and all the gauges were totally non-functional.  It made one learn to keep the gas tank topped-off and to pace traffic on the interstate.  I knew that within a few years, I would be making enough money to buy new cars, so all I needed was a car to last a couple of years.  What possible sense would it make for me to vastly increase my insurance cost by buying collision coverage for a car whose TOTAL PURCHASE PRICE TO ME would have been LESS than the standard DEDUCTIBLE (generally $1000) on a collision policy?!

So, right off the bat we see that Obama had no understanding of insurance because a liability policy NEVER covers any damage to your own car – only damage that YOU CAUSE to others.

But, as you surely noticed, in Obama’s story, he was REAR-ENDED.  Almost always, a person who rear-ends another car is found to be at fault.  Therefore, the OTHER PERSON’S insurance should have covered the damage to Obama’s car.  If the car was sufficiently old and beat-up, the car would have been totaled.  I was once in a fairly mild accident when I was sixteen or seventeen wherein a drunk woman pulled out of a parking lot into my passenger side door and dented the door.  The door still opened and closed, and I don’t think the car was ever repaired, because the car was so old and devoid of market value (it was a ’79 Chrysler, come on) that the woman’s insurance company happily cut a check for $750 – the TOTAL VALUE of the car.  The notion that I would have called MY insurance company and demanded that THEY pay out for repairs on MY CAR on a liability policy for an accident in which I WAS NOT AT FAULT, is simply laughable.  IF what Obama says is true, and he was LAUGHED AT by the insurance company, it was for very, very good reason.

I have tried to communicate over the years how spectacularly stupid people in high positions of power in the post-Christian west tend to be.  People still don’t want to believe that their “leaders”, “bosses” and “teachers” are teetering on the precipice of functional retardation, but they are.  Oh, they are.  We live in an anti-meritocracy.  The higher the office, the more grandiose the title, the more advanced the degree, the more ignorant and inept the person will likely be.  Get this through your mind and everything will become much clearer and easier to understand.

And all the imbeciles sat there and nodded their heads when Obama calumniated the auto insurance industry by saying that they fraudulently and feloniously denied him coverage, and then used this calumny as some sort of analogue to the health insurance paradigm.

In the next post, I will discuss the abject dishonesty of politicians when talking about insurance, specifically the notion of having insurance coverage for “pre-existing conditions”. The term “Insurance coverage for pre-existing conditions” makes absolutely ZERO SENSE.  When I hear ANY politician start talking in those terms, I know that the person is either terminally stupid, as with Obama, or fundamentally dishonest, like… all the rest of them.