insurance industry

Is The Insurance Industry In Free Fall?

Posted on by Helena

WHAT IF the Insurance Industry were to go under?   What if it is untenable any longer?  Although our darling deep State promotes Climate Change as the cause of all arson, it is highly likely insurance companies were given prior notice of these events.  Manipulating the weather has its consequences.   Encouraging crime has its consequences making the package unaffordable – so you can own “Nuttink”.

High interest rates complicate home ownership.  They drag on the market so that people who need to sell – cannot.  And the cycle that would be normal is now failing.   It is like manipulating the natural environment – kill off the dung beetle and the dominoes will all fall.  Everything in our world is based on everything else.  A musical progression.

My insurance cost doubled last year.   In the last 7 years, it has risen 300%.  By contrast during the same period my house value rose 63%.  Are insurance companies to blame?  The pandemic took its toll on industries as well as individuals, and insurance was one of them.  The first phase of consideration is ‘risk’.  Southern California has always been a risk venture.   The wealthy were willing to take the risk.   Northern California is uninsurable for earthquakes.   Florida for Hurricanes.  Etc.

As a whole, the Industry is looking at making governments absorb the risk.  As in FEMA.  A complete dastardly run mechanism of incompetence.  Used to disillusion people so that ultimately only the wealthy will be able to afford a home.  In Australia the government is considering property buy backs from high-risk areas and taking them off the market permanently – creating ghettos. 

The perfect storm was exasperated by inflation.  The cost to rebuild accelerated over the Biden Regime at unprecedented levels.  Forcing insurance carriers to ramp up rates to meet the costs.  A comparable would be the healthcare industry.  It wasn’t that many years ago that I insured a family of four for $300 with zero deductible.  Pre-Obamacare. 

The issue with federalizing property insurance is obvious – a tax.  A tax that would be levied on everyone who doesn’t own property.   Essentially, creating more wealth for the wealthy.   The problem is rolling back inflation.  A zero% inflation rate is not possible, and technically does nothing but create a new base of cost of living.  A correction would require massive deflation.  Also, not possible.

Thus, our esteemed World Economic Forum declare the ONLY solution is a RESET.  And to make that happen sooner than later, they create the catastrophes, the calamities, the instability  damaging our psyche into submission.

FBI Director, Christopher Wray, claims our infrastructure will be targeted this year by China.  As a result, he has submit his resignation.   I don’t doubt our infrastructure will be targeted given this will further appease not China but the WEF Deep State.   It is likely the means has already been positioned with a detonation timed to disrupt Trump’s presidency.  Remotely Controlled.   Undersea cables.   These cables provide connectivity to data, to voice, to the internet.  Without which we are now blind.

This infrastructure destruction has already been tested on Taiwan and the EU.  Navy Seals are deployed to place the bombs.  Just as they did for Nord Stream.   While the WEF and its cartel continue to provide reports of the inevitable damage that cyber crimes will exude, the financial loss, its evolution, few industries are proactive. 

Staying Ahead In The Global Technology Race:  CSIS has written a report that outlines the massive mess our country has created for itself in terms of chips and advancing technology that has stagnated.   Intel’s Ohio chip plant, supposed to be the largest in the world, subsidized mostly by taxpayers so far, was supposed to come online 2025, pushed to 2027, pushed to 2028, now pushed to 2030.   NOT good enough.  

While the insurance industry is not on death’s row now, it is definitely facing hurdles that will necessitate pulling more policies from high-risk areas leaving pockets of potentially uninsured.  Mortgages are not available for the uninsured.   Making homeowners and homeownership a losing particulate of our economy.

University Degrees Produce Nonemployable Results

Posted on by Helena

The typical cost for a mid-grade college in state including books and a room is roughly $32,000 per year.   While a degree used to take 4-5 years to complete, today it takes closer to six years. As such, the total cost escalates to $192,000.   Depending on your source, between 28% and 53% of recent graduates are unemployed or underemployed.   90% of online job applications sent get no response from the employer.   And 33% of recent graduates work at a job that requires no college degree.

This is why the student loans outstanding have reached an astronomical $1.75 trillion.   Colleges have become worthless institutions for the vast majority of attendees.   Instead of having every US Taxpayer foot the bills, a better solution would be to shove it back at the universities!   Require all institutions to guarantee a qualified job at a specific salary level at admission, or the tuition is free.

Watch CRT studies, BLM studies, LGBT studies, acting studies, and all the superfluous studies be eliminated immediately. Degrees would be completely ravaged and revamped. And education levels would rise exponentially as professors were forced to actually TEACH.

Enrollment in colleges has been on a steady decline since 2010.  As a result of a loss of hospitality and manufacturing prospects, wages in those jobs have outpaced numerous degree programs.   Degreed students are working aimless jobs with no future.  While Biden touts false employment statistics, claiming the unemployment rate is just over 3%, that rate would not reflect the black population.

Unemployment rates are an algorithm guestimate that do not reflect those not on the state unemployment handout.   Smash and grab gangs are NOT employed, are predominantly/exclusively blacks, and outside of the tabulation.   With that caveat, the Biden stats claim DC and Nevada to have the highest unemployment among blacks at over 11%.

In 2022, the smash and grab cost to retailers was over $100 billion.   California’s Marxist left governor, Newsom, has now signed a bill making it a crime to ‘STOP’ any criminal in the act of stealing and applied a fee of $14,600 for anyone who violates this bill.

The smash and grab costs do not take into account rising insurance rates or damage costs as stores are trashed.   Walmart shut down 4 stores completely in Chicago.   Leaving vacant property and loss of sales tax revenue for federal and state and city governments!   In addition, the revenue loss impacts property tax revenue streams supporting police, firemen, schools, and counties.  Cities will soon become toilets.

Liberal minded governments will attempt to recover their costs via the federal government which means all taxpayers will be on the hook to bailout San Francisco, Portland, Houston, Chicago, Detroit, Pittsburg, etc… etc… etc…   Same logic as student debt relief.

It is also likely, our esteemed Federal Looters will take the money from Social Security and give it to the Department of Education – a scheme developers and contractors manipulated for years illegally!   Bill one client up front, use the money to buy supplies for another client, and keep it rolling until the liens pile up.   Then declare bankruptcy.

Speaking of bankruptcy, the second largest city in the UK, Birmingham, has declared bankruptcy!   All nonessential payments are frozen.

The vacuous pro-illegal immigration NGO’s claim that undocumented illegals contribute $492 billion in tax revenue.   This figure includes social security and Medicare contributions for which they will never be able collect.   Free revenue for the government at the immigrant’s expense.   In 2022, the federal government claims it collected $5.03 trillion in tax revenue. Of course the government spent $6.2 Trillion despite no pandemic costs. By comparison, expenditures during pandemic crisis for 2021 were $6.8 trillion.   Where does it go?

In 2022, Medicaid spending was $768 billion with an increase in enrollment of 92.3 million people.   This represents a 300% increase since 2000 with a brief flatline during President Trump’s term.   What the graph reveals is that poverty in the US should be increasing at the same rate. However, Government bureau statistics fudge the numbers.

In contrast to the 92.3 million on Medicaid, the US government declares that 37.9 million people are in poverty.   So how can the 54.4 million people collect Medicaid when they are not in poverty?   Common Core Math Accounting.   Fake algorithms.   False Estimates.   Manipulated Data.

Take your pick!

Maybe the government workers in these departments went to college and earned a degree in basketweaving. Because they sure as Fark didn’t get a degree in accounting, statistics, or economics.   In accounting, when numbers don’t add up and tally there is a slush account.   CPA’s allow no more than 1% maximum in this account to fudge a bottom line.   By contrast, the federal government is allowing a 60% accounting Slush Fund!

Chiquita Brooks-LaSure is the Director in charge of Medicaid and Medicare Services. Her Bachelors is in arts, and her masters is in public policy.  According to the federal degree requirements for her position, she should have at minimum a bachelors degree in business administration, public health or health administration. In addition, a masters in healthcare admin is required.   La-Sure has none of these. So what were her qualifications?   She is black.

While common college graduates are under employed – blacks in NGO’s and government positions are way over their head employed!    Which is why our agencies are collapsing and our government is destroying the entire system thru a Protocol of racism. As it stands today, if Trump were to be elected in 2024 – every single department within and without the government would necessitate scraping.   And every employee would have to be deemed unfit for unemployment benefits.  

MEDICARE For All: Socialism For All…

Posted on by Helena

While the vitriolic call for nationalized medicine/healthcare in the US by socialist entitlement seekers spans the media, the UK nationalized healthcare is in a shambles and talk of privatization is paramount!

Oops.

Let me rephrase that.

The UK is considering ways and means to privatize their nationalized healthcare system because it is an abject FAILURE.   As in – it Does Not Work.

Still, Bernie and Poko were adamantly proclaiming that if elected this is exactly what they will create – a Medicare for all system. I wonder what the massively profitable insurance companies think?   Likely they are laughing hysterically because the ‘plan’ is completely unviable, would shutter hospitals, and see the common theme of doctor and nurse shortages evidenced in Canada, the UK, France and Germany.

But practicalities and logic are unreachable by two candidates who have never held a real job.

Warren wrote a number of books that were highly criticized for lacking substantial research, taught a few classes in which some of her students awarded her for her style, and wrote a blog for Huffington Post. Her most prestigious credential is her appointment by Harry Reid to chair the five member Congressional Oversight Committee for the implementation of the Emergency Economic Stabilization Act.   In laymen’s terms, that Act was the impetus for the 2008 bank bailout that cost US taxpayers upwards of $700 billion to a trillion in order for bankers to make $100 million annual salaries and fly their private jets exuding plumes of toxic ozone decay so as to enable them to go hither and there including the Global Climate Accord while vehemently complaining about global warming.

Her entire education was attained by fraudulently claiming she was American Indian and thus eligible for scholarships, awards and grants.   Her 10 years of college would be worth about $500,000.

That is the entire extent of Warren’s business acumen. Her net worth is upwards of $11 million and I would guesstimate she has no intention of ‘sharing’ it with anyone – including illegal immigrants.

Sanders is a member of the Socialist Party.  After going to college (graduation not noted) he worked self-described odd jobs here and there, carpenter, etc… nothing noteworthy according to his biography.   On a whim he moved to Vermont and became mayor of Burlington (population 35,000). Vermont has the smallest economy of the US and a population equivalent to Boston.   It has -0- jobs growth and -0- business growth.   It ranks #47 as best states for business, and #46 as best state for environmental regulation by Forbes.

Sander’s wife has been mired in corrupt and fraudulent charges including possible bank fraud.   She earned her doctorate through an online service school, and became President of Burlington College, a tiny no-grade progressive school with 200 students.   She resigned as a result of the fraud, and received $360,000 in pay and severance. Rather largess for a tiny school??   While the matter is being investigated by the FBI, the Democrat US Attorney in Vermont recently dropped the investigation.

The Sanders reported net worth is $2.5 to $5 million. They own 3 homes, which they purchased for cash in the last ten years – roughly $1.5 million.  Would the Socialist share his homes and new found wealth with anyone?  Likely, NO.

Given the abhorrent lack of any business experience, neither Sanders or Warren have any idea how a Medicare for All could possibly be implemented, the loss of jobs, the implosion of the Insurance Industry, and the devastation of our healthcare.   As it is, few doctors will accept Medicare patients given the burdensome paperwork, and the incremental fees.   Doctors have begun retiring en masse since the implementation of Obamacare. According to a report by the Association of American Colleges, published in 2011, US specialties will reach a shortage of 91,500 doctors by 2020.   The main reason – retirement.

That shortage will increase to 122,000 by 2030.

Medicare For All means doctors will be paid even less, few will go to the lengths and financial devastation of medical school, and those shortages will quickly ramp up incrementally.

But Sanders and Warren have an Agenda. Socialism for everyone – but them.