Saturday - January 26, 2013
Time To Switch Insurance Companies
What’s in a name? GEICO: Government Employees Insurance COmpany
Gun Control meets Political Correctness, and like corporations divesting of South African stocks under apartheid, left-wing connected companies (GEICO is owned by Warren Buffet) may be putting the screws to the entire firearms industry and it’s people. Hey, ain’t that against the law or something??
via Moonbattery
Once upon a time I had a short term job processing data at the A.M. Best company, which analyzes the portfolios of insurance companies to give them investment ratings (AAA+ etc). These companies often have assets in the hundred of millions of dollars, if not in the billions. I don’t know what kind of capital it would take to start up a new auto insurance company, but wouldn’t it be nice if the NRA could do it? Because, in my state of NJ, land of tailgaters, I want a bumper sticker that says This car insured by the NRA. Almost as good as Smith & Wesson. And if not the NRA, then some Red State company that supports the US Constitution ought to be sensing a business opportunity here.
Guns, jobs, banks, credit card companies, now car insurance companies. It’s almost like freedom supporting Americans are being forced to form their own country within their own country. Jim Crow II, the hoplophobe years. Coming to an Obamerica near you.
Update: another viewpoint: this may be BS, or it may not be. Someone with insurance company knowledge looks at the story.
Well, true or not, this is such a hot button issue that a smart corporation might want to make some kind of statement attempting to appease both sides. “We, the policy makers at ABCWidgetCo, Inc, enthusiastically support the entire US Constitution and all the constitutional laws of the nation and the states we do business in.” might work. Or, it might be better to just keep silent. I’m no lawyer ... but I know that GunWorld is a multi-billion dollar field, and that every single person involved in any aspect of it right now is looking to see who their real friends are, and who are pretenders and enemies. Multi-billions. And now we’re going to include insurance companies in the mix. Line in the sand time folks. The last line in the sand.
Posted by Drew458
on 01/26/2013 at 01:10 PM
Filed Under: • Miscellaneous •
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