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06-27-2021, 07:16 AM
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#46
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Registered User
Join Date: Oct 2001
Posts: 46,884
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Quote:
Originally Posted by Actor
Insurance companies carry insurance against excessive claims, i.e., they lay off the bet. In turn companies that sell excess claims policies lay off those bets. At the top of this pyramid is Lloyds of London which is so big that things like this building collapse are small change.
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Here's a clue for you: Insurance companies are in business for one reason: To make as much money as possible off their policyholders. And even LL isn't too big to fail! The British government could wind up bailing them out using that very excuse -- "they're too big [for us] to let them fail.
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Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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06-27-2021, 08:33 AM
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#47
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Registered User
Join Date: Apr 2018
Location: Durham, NC
Posts: 688
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Quote:
Originally Posted by Elkchester Road
It isn't very hard to follow your posts. They are infrequent...and EXACTLY as I described. Don't hate because some people actually pay attention.
And trust me...I plan to carry on. Find somebody else to pick with.
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A day late and a dollar short as usual, but like I said, carry on, I will sit back and enjoy. As far as my posts, yes I am not an authority on EVERYTHING, such as yourself. I tend to just stick with horse racing on this forum, unless someone displays a level moronity that begs a response.
Last edited by mhaney0423; 06-27-2021 at 08:36 AM.
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06-27-2021, 02:16 PM
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#48
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Registered User
Join Date: Oct 2001
Posts: 46,884
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“You need to run “...Florida Building Collapse Survivor Tells of Escape As New Evidence Points to Severe Structural Problems
I can't even begin to imagine what was going on inside this woman's head as she made terrifying discovery. It appears she got out just in time!
https://100percentfedup.com/you-need...ural-problems/
__________________
Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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06-27-2021, 06:15 PM
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#49
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Librocubicularist
Join Date: Jun 2010
Location: Ohio
Posts: 10,466
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Quote:
Originally Posted by boxcar
Here's a clue for you: Insurance companies are in business for one reason: To make as much money as possible off their policyholders.
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But how much money they can make off their policyholders is limited by the free market system. Perhaps you've heard of it.
Quote:
Originally Posted by boxcar
And even LL isn't too big to fail! The British government could wind up bailing them out using that very excuse -- "they're too big [for us] to let them fail.
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So you think that lawsuits relating to the collapse could bankrupt Lloyd's of London, effectively bankrupting the world wide insurance industry?
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Sapere aude
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06-27-2021, 06:45 PM
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#50
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Registered User
Join Date: Mar 2001
Location: Wisconsin
Posts: 1,819
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Yes
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06-27-2021, 08:42 PM
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#51
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,820
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Quote:
Originally Posted by stuball
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I thought for sure.
But apparently this place was built from old toothpicks
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06-27-2021, 09:49 PM
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#52
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Registered User
Join Date: Aug 2017
Location: Near Lexington, KY
Posts: 3,246
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Quote:
Originally Posted by mhaney0423
A day late and a dollar short as usual, but like I said, carry on, I will sit back and enjoy. As far as my posts, yes I am not an authority on EVERYTHING, such as yourself. I tend to just stick with horse racing on this forum, unless someone displays a level moronity that begs a response.
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You should have stuck with Horse Racing on this forum. You fit in well with many of those Clowns over there, too...trying to sound a lot smarter than they actually are.
I don't claim to be an "authority on EVERYTHING". I only comment on things that affect the American Way of Life...mainly to Asshats who have no regard for just that.
Keep stirring shit with me. I want you to.
You are the one who said that, technically, water isn't wet...but I am the one displaying a "level moronity". Some of you dopes are hopeless.
__________________
Just when you least expect it...just what you least expect-The Pet Shop Boys.
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06-28-2021, 12:44 AM
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#53
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Registered User
Join Date: Aug 2009
Posts: 11,002
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I haven’t followed this thread in detail. Suffice to say that my heart breaks for these families. I can’t imagine the anguish I would feel if it were my parents or grandparents or children buried beneath the rubble.
How lucky the rest of us are.
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All I needed in life I learned from Gary Larson.
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06-28-2021, 12:56 AM
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#54
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Registered User
Join Date: Aug 2017
Location: Near Lexington, KY
Posts: 3,246
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Quote:
Originally Posted by TJDave
I haven’t followed this thread in detail. Suffice to say that my heart breaks for these families. I can’t imagine the anguish I would feel if it were my parents or grandparents or children buried beneath the rubble.
How lucky the rest of us are.
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Absolutely. 
__________________
Just when you least expect it...just what you least expect-The Pet Shop Boys.
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06-28-2021, 07:36 AM
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#55
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Registered User
Join Date: Apr 2018
Location: Durham, NC
Posts: 688
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Quote:
Originally Posted by Elkchester Road
You should have stuck with Horse Racing on this forum. You fit in well with many of those Clowns over there, too...trying to sound a lot smarter than they actually are.
I don't claim to be an "authority on EVERYTHING". I only comment on things that affect the American Way of Life...mainly to Asshats who have no regard for just that.
Keep stirring shit with me. I want you to.
You are the one who said that, technically, water isn't wet...but I am the one displaying a "level moronity". Some of you dopes are hopeless.
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The feeling is mutual pal, believe me. The best part of this is, that you iunderstood that you were displaying a high level of moronity despite the fact I did not mention you. I commented how intelligent you were and how you seemed to be an authority on everything and everyone. One doesnt need to be smart to see through the likes of you and your ilk. Necktucky sure does seem to produce more than its fair share. Beautiful state though
Last edited by mhaney0423; 06-28-2021 at 07:38 AM.
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06-28-2021, 07:50 AM
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#56
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,651
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enough...thanks
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06-28-2021, 01:05 PM
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#57
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Registered User
Join Date: Aug 2017
Location: Near Lexington, KY
Posts: 3,246
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Quote:
Originally Posted by PaceAdvantage
enough...thanks
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Will do. Apologies for the derail.
__________________
Just when you least expect it...just what you least expect-The Pet Shop Boys.
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