President Barack Obama Message Board

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Politics : President Barack Obama

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To: Jim McMannis who wrote (134170)	5/29/2013 2:27:54 PM
From: ChinuSFO	Read Replies (1) of 149317

A winning combination is when the private sector consisting of labor-management joint venture produces profits and the Govt. administers to ensure that the profits generated are for the general social well being (not welfare as we know it). The private sector is seen doing well when they minimize expenses, increase profits. The insurance companies have failed to minimize expenses since they spend 40 cents to the dollar for expenses, mostly goes to fatten the pockets of the CEOs. Those checks that we received in the mail from the insurance companies stands testimony to that.

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