If this is health insurance reform then...

[SHRED]

...why are stocks rising in value for the medical-industrial-complex?

:wtf:

[Captain Hilts]

1. Yes, yet the R's still oppose it. We're getting conflicting signals. nt

[Peacetrain]

2. Because so many peoples retirements are actually annuities

TIAA-CREF is the teachers retirement plan.. it is an annuity. The retirement annuities are jumping back into the stock market

[AllentownJake]

3. 403(b) plans?

I think they could get back in the market whenever the individual holders wanted.

[Peacetrain]

4. It can still an insurance product being offered....

The retirement and others besides insurance annuities have been sitting on the side lines, and they have been jumping back in with both feet..

I have my own TIAA CREF in social choice.

social choice is in the market also..

[AllentownJake]

6. I'm not disagreeing with you

but 403(b) plans are 401(k) plans offered by insurance companies for the non-profit and government sector.

Most plans permit individuals to go back into the market whenever they choose.

[notesdev]

5. Guaranteed profit at gunpoint

what's an investor not to like?

[tavalon]

7. I knew it was over when they started framing it as health insurance reform

instead of healthcare reform.

[havocmom]

8. Amazing, isn't it? We beat back payroll taxes to Wall Street (privatization of Social Security)

but they get the money anyway (from Big Insurance) via a backdoor payroll tax called mandated insurance purchase. They just got the beans from privatizing Social Security without giving much promise of security at all.

Face it, DLC is just a funnel for worker bee dollars to Fat Cats on the Street.

Fluffing up torches and sharpening pitchforks at Chez Havocmom ;) Time to dump the puppets and elect real DEMS. This batch has pretty much proved their value, to Wall Street.

How long can the working class keep bent over, shouldering the weight of a class that does nothing but take from society and then piss on it?