Market Farming

[Willie McKemie <mf AT austinfarm.org>]

On Thu, Aug 21, 2003 at 03:19:11PM -0700, sora AT coldreams.com wrote:
> Ah the old insurance thing...train folk to believe they will lose
> everything they have if they don't pay $300-800 per month for insurance
> that doesn't even cover their medical needs.  It all makes me nuts!

A voice of reason!  I'm not sure about the numbers on health insurance, 
but on property insurance the insurance companies pay out in claims 
about 1/2 of what they take in in premiums.  You are likely to get back 
about $.50 for every dollar you pay in.  It is a mechanism for honest 
people to subsidize arsonists and personal injury scammers.  Don't get 
me started on the Texas motorist insurance laws!

-- 
Willie, ashamed that dixie chicks are from Austin
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