Quote:
Originally Posted by drcoastline
Not to take this thread off topic but I think people should should be responsible for themselves in many other areas as well. I don't want to subsidies food stamps, unemployment or housing. NOTHING. I have my family and I am responsible for them. Not someone Else's unless I feel compelled to help.
|
Unemployment?...You mean unemployment insurance? Insurance is for, as my father always says, "to insure your ass don't go broke". Seriously, this is a fund (administered by the state) to which both the employer and employee contribute. Like all forms of insurance, in the event of a major loss such as life,health,(JOB),property you are covered(protected)financially. Since we're off topic, there are even several types of (financial insurance) not advertised as such. Lets say for example, you own stock and you are worried about price fluctuations, you can use financial contracts called options. Options, whether calls or puts can be used to protect your stock position and as such are a form of insurance.