I'm voting republican...

[Shaun @ Tru6]

Originally Posted by Taz's Master

Sure it is easy to pick on Mule, but my post simply brought up conclusions that would be easy to draw from that video. So it wouldn't be much of a stretch to think that someone who would endorse the video might believe what I posted would have substance. I mean both my post and the video are equally grounded in fact and truth.

[KFC911]

Now that's funny! Who's going to explain it to Mule .

[hardflex]

LOL that's a good one Shaun.

Really, both sides use Fear as a motivator because it gives higher returns than actual discussion. A sad byproduct of Politics.

[legion]

Originally Posted by Rich76_911s

I guess that explains why Warren Buffet holds one of the largest insurance co.'s in the country and is advertising like mad. Low profit margins, high risk, difficult to estimate free cash flow, and low dollars per unit of risk taken. That seems like a typical Warren Buffett investment.

You've got the first two right, profit margins are low and the risk can be high--especially when trial lawyers get contracts rewritten after the fact.

As for cash flow, you are dead wrong. Warren Buffett's innovation was to tap "float". Float is the time lag between when premiums are collected and when claims are paid. Insurers traditionally put the money in conservative, short-term investments. Buffett realized that float essentially creates a quantity of cash that is always on hand. He decided to buy other companies with that money.

As for the adverstising, I think it's a complete and total waste of money in the volume and places that GEICO does it. Charging higher premiums to advertise in the way that they do is obscene.

[legion]

Oh, and Taz's Master, ya got me.

You got me good.

[DaveE]

Bump, sorry but I'm just hoping for more hilarious debate.

[Normy]

I'm not-

N!

[DanielDudley]

Originally Posted by ckissick

America's first National Park was Yellowstone, signed into existence on March 1, 1872 by Ulysses S. Grant, a Republican.

President Richard M. Nixon created the EPA with his signing on December 2, 1970. He, too, was a Republican.

Which would go a long way to explaint the current Republican stance.

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