05 Aug 09
1 edit
Originally posted by sh76But when will you know when you "don't like a given insurer's service?"
I don't feel like a slave to a corporation.
Of which corporation am I a slave?
I'm certainly not a slave to my insurance company. I just dumped one health insurance company and picked up a new plan with a different company. As soon as I don't like their service or think there's a better plan out there, I'll do the same to them.
If anything, my insurance company is my slave.
An insurance plan is like an umbrella -- you might not know whether it leaks until you're caught out in the rain -- and then it's too late to get another umbrella.
05 Aug 09
Originally posted by MelanerpesTrue.
But when will you know when you "don't like a given insurer's service?"
An insurance plan is like an umbrella -- you might not know whether it leaks until you're caught out in the rain -- and then it's too late to get another umbrella.
Though, so far, the umbrella seems to be doing nicely. Before we had the baby a few weeks ago, my wife was in the hospital 4 times for various issues during the latter stages of pregnancy.
So far, so good. <knock on wood>
05 Aug 09
Originally posted by MelanerpesIf you live in a tropical area it doesn't matter if you get wet.
But when will you know when you "don't like a given insurer's service?"
An insurance plan is like an umbrella -- you might not know whether it leaks until you're caught out in the rain -- and then it's too late to get another umbrella.
05 Aug 09
Originally posted by sh76true -- would anyone invest in a company if there was no way of making sure it paid it's dividends? Would anyone lend to such a company if there was no way to make sure it paid its loans?
a corporation is a creature of the government's creation. Without government, there would be no corporations.
A quandary for Wajoma.
05 Aug 09
Originally posted by MelanerpesBrilliant, who would invest in a company if there were no returns, the eye searing clarity, beautiful.
true -- would anyone invest in a company if there was no way of making sure it paid it's dividends? Would anyone lend to such a company if there was no way to make sure it paid its loans?
A quandary for Wajoma.
05 Aug 09
Originally posted by MelanerpesThere is no way of making sure a company pays dividends. The decision as to whether to pay dividends (and how much) is entirely up to the company and will not be reviewed by a court, in virtually all cases.
true -- would anyone invest in a company if there was no way of making sure it paid it's dividends? Would anyone lend to such a company if there was no way to make sure it paid its loans?
A quandary for Wajoma.
If you're a shareholder and you want dividends and the company doesn't want to issue them, then your remedy is to vote in a new board of directors who will declare dividends. It's democracy in action. Beautiful!
05 Aug 09
Originally posted by sh76yes, you're right
There is no way of making sure a company pays dividends. The decision as to whether to pay dividends (and how much) is entirely up to the company and will not be reviewed by a court, in virtually all cases.
If you're a shareholder and you want dividends and the company doesn't want to issue them, then your remedy is to vote in a new board of directors who will declare dividends. It's democracy in action. Beautiful!
the main point is that there are rules involved with becoming a corporation -- if there was no government, who'd enforce the rules?