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Budget cuts, you're the President.
#14
RE: Budget cuts, you're the President.
(October 28, 2011 at 10:17 pm)Cinjin Wrote:
(October 28, 2011 at 8:56 pm)popeyespappy Wrote:
(October 28, 2011 at 4:44 pm)Cinjin Wrote: Military budget gets nailed first. They would be allocated only 8% of what they receive currently. Yep, we'd be forced to end certain "wars" in certain countries ... too damn bad. Future increased budgetary allocations would only be considered if the continental US were directly attacked by an aggressive hostile force.

Cin, 8% wouldn’t even cover military retiree pay. DoD spent about $713 billion in 2009 including around $200 billion on the wars in Iraq and Afghanistan. Retiree pay for 2009 was about $73 billion. That’s a little more than 10% right there. That number is pay only. It doesn’t include healthcare costs.

http://www.slate.com/articles/news_and_p...udget.html
http://actuary.defense.gov/cfo2009.pdf

Quote:The CEOs of both Health Insurance Companies and the Pharmaceuticals would be lined up in the streets and shot on site for crimes against humanity. (this one I'm not fucking kidding about. They are COVERED in blood money and I would volunteer to do it myself) Reporting RECORD FUCKING PROFITS year after year after year!!! Mother fucking blood sucking cock smoking pieces of maggot shit!

Pharmaceuticals do earn large profits. The industry average is around 20% of revenue. That’s right below networking and communications equipment manufactures and Internet service/retailers. The health insurance industry doesn’t have huge profit margins thoughout. ADDED: They still consistently have HUGE PROFIT MARGINS. While they do let people die by denying life saving services in some cases; earning huge profits is not something they are guilty of.

Those stats you show are NOT across the board. Granted, neither are these, but implying that health insurance is barely getting by is laughable. Also, I don't see several major players on that list ... I wonder why that is?

Some of these on this list are up 12, 15, 20, even 47% from previous years and they are in the health insurance business. It equals hundreds of millions of dollars. And by the way, that's AFTER they pay the filthy lobbyists, politicians and lawyers their outrageous cuts.

http://money.cnn.com/magazines/fortune/f...index.html




As for the military's 8%, I was exaggerating how much they need to be cut, but I still wouldn't give them a dime more than 20%. Fuck 'em. Sell some jets, auction some tanks ... have a fucking bake sale! We don't need them and more importantly, we don't WANT them.

Sorry Cin. The list you provided is medical facilities, i.e. hospitals. Your original post said, "Health Insurance Companies." Health insurance companies do not make big profits.

http://money.cnn.com/magazines/fortune/f...index.html

As far as increases from previous years goes the largest on the list of top health insurance companies was number 9 Wellcare Health Plans. Their 2009 profit as a percentage of revenues was up 53% over 2008. Their margin was all the way up to 2.5%. Do you think a 2.5% margin is too much? How about number 14 Healthspring’s 5.4% margin? It’s the biggest margin on the list. Is that too much?

These health insurance companies don’t consistently report huge profit margin Cinjin. If you want to beat their CEO’s to death with a ball bat that’s fine with me. I’m sure most of them deserve it for something. Just make sure you’re doing it for the right reasons because the profits their companies are earning are not unreasonable.

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Messages In This Thread
Budget cuts, you're the President. - by 5thHorseman - October 28, 2011 at 3:36 pm
RE: Budget cuts, you're the President. - by Autumnlicious - October 28, 2011 at 3:52 pm
RE: Budget cuts, you're the President. - by 5thHorseman - October 28, 2011 at 3:59 pm
RE: Budget cuts, you're the President. - by Shell B - October 28, 2011 at 4:01 pm
RE: Budget cuts, you're the President. - by Cinjin - October 28, 2011 at 4:44 pm
RE: Budget cuts, you're the President. - by Autumnlicious - October 28, 2011 at 4:49 pm
RE: Budget cuts, you're the President. - by Minimalist - October 28, 2011 at 4:56 pm
RE: Budget cuts, you're the President. - by 5thHorseman - October 28, 2011 at 5:01 pm
RE: Budget cuts, you're the President. - by DeistPaladin - October 28, 2011 at 5:08 pm
RE: Budget cuts, you're the President. - by Erinome - October 28, 2011 at 6:10 pm
RE: Budget cuts, you're the President. - by popeyespappy - October 28, 2011 at 8:56 pm
RE: Budget cuts, you're the President. - by Cinjin - October 28, 2011 at 10:17 pm
RE: Budget cuts, you're the President. - by popeyespappy - October 28, 2011 at 11:13 pm
RE: Budget cuts, you're the President. - by Cinjin - October 28, 2011 at 11:39 pm
RE: Budget cuts, you're the President. - by Dotard - October 30, 2011 at 10:40 am
RE: Budget cuts, you're the President. - by Cinjin - October 30, 2011 at 1:33 pm
RE: Budget cuts, you're the President. - by Dotard - October 30, 2011 at 1:56 pm
RE: Budget cuts, you're the President. - by paintpooper - October 31, 2011 at 7:22 pm
RE: Budget cuts, you're the President. - by HeyItsZeus - October 28, 2011 at 9:10 pm
RE: Budget cuts, you're the President. - by kılıç_mehmet - October 29, 2011 at 11:31 am
RE: Budget cuts, you're the President. - by The Grand Nudger - October 29, 2011 at 12:05 pm
RE: Budget cuts, you're the President. - by 5thHorseman - October 29, 2011 at 12:26 pm
RE: Budget cuts, you're the President. - by Violet - October 29, 2011 at 2:10 pm
RE: Budget cuts, you're the President. - by 5thHorseman - October 29, 2011 at 2:18 pm
RE: Budget cuts, you're the President. - by kılıç_mehmet - October 30, 2011 at 3:17 am
RE: Budget cuts, you're the President. - by frankiej - October 29, 2011 at 3:31 pm
RE: Budget cuts, you're the President. - by bozo - October 29, 2011 at 4:11 pm
RE: Budget cuts, you're the President. - by frankiej - October 29, 2011 at 4:17 pm
RE: Budget cuts, you're the President. - by Autumnlicious - October 29, 2011 at 5:23 pm
RE: Budget cuts, you're the President. - by Violet - October 29, 2011 at 8:15 pm
RE: Budget cuts, you're the President. - by The Grand Nudger - October 30, 2011 at 2:03 pm
RE: Budget cuts, you're the President. - by DeistPaladin - October 31, 2011 at 7:55 pm

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