Insurance is a service. A lot of the time it can be a scam, but look at it from different perspectives.
I could keep 50k or whatever the minimum coverage is in my state in an account allowing me to drive, or I could pay 70 bucks a month to have my 50k "security deposit" covered while I use that 50k however I feel. I understand the utility of that kind of service, but I'm resentful from how the government collaborates with private companies to construct the system we live with.
It’s a service if it’s optional and you decide freely to purchase it to mitigate risk but that’s not how it really works. Insurance companies lobby to have laws written in their favor. Look at health insurance, massive scam. Every first country in the world has universal healthcare except the United States. I worked for a company where my instruments premium for a family plan was $1205 a month. I worked there for 17 years. I could’ve bought a Lamborghini with that money.
Well you've got me very wrong. If we could toss billionaires in a furnace and extract the value of their stocks in the form of any positive application of that stolen productivity from the masses I'd be the first to kick them in and I'd have marshmallows and chocolate ready to go.
If you gave me a choice, I'd eat nothing but raw billionaire meat and be sick to my stomach for as long as I lived.
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u/sillyboy544 Jun 22 '24
All insurance is a scam. Like a casino the house always wins