I help good people fight bad business (taking on medical over-billing, contractors & debt collectors). Tweets are not legal advice. Retweets not endorsements.
I spoke out & spoke up at the Twinsburg Board of Education meeting. TCSD administration is failing our youngest children with #asthma & #allergy disabilities. If we don’t provide classroom access to life-saving meds for students when sheltering in place, they will be casualties.
The Browns have been dealing with this nightmare for years. I am honored to represent them and bring this to a conclusion at trial. https://t.co/yPFTaamS2a
@jadler1969@CivitasOutlook I mean, states that receive federal funds directly (grants or spending) or indirectly (employment and income taxes) want to still see that, right? Whether indirect benefit confers standing or not, they certainly have skin in the game.
@jadler1969@CivitasOutlook Now come on. If a state isn’t harmed they don’t have standing, right? And the case will be tossed? Regardless, you understand states with higher worker numbers would like to keep the tax revenue and employed citizens? States with high birthright citizens want to keep them, etc.
To those saying “this administration won’t do that to me, I’m a US citizen,” your citizenship only matters if you have due process rights, if they give you the process due (believe them when they say they won’t), and if they obey court orders (they aren’t and say they won’t).
@billybinion@jadler1969 Sounds like the people writing things failed to mature. That speaks more of them than it does the people holding them accountable for their statements.
@FCLPO@Russo4Ohio Is the magical-somehow-different-from-other-fiat-currency-ledger money in the room with us? If everyone else got and spent that money, per you causing inflation, & Ohio did not, then Ohio was disadvantaged disproportionately by that, and could improve its position by taking it.
@FCLPO@Russo4Ohio That makes no sense. FCLPO, what items do you & the rest of us buy that the state will cause to increase in price by accepting the funds. Or, since the money already came into existence in 2021, tell us how inflation changes at all by Ohio spending it instead of the feds.
@mfcannon Not uniquely, no. No more than the loss in general does. It’s the expense they ultimately care about, not the down-the-road effect of the expense, at least for those making the call.
@cellis212 I understand it just as well as you, at least in reality. I’m sure you’re more well versed in theory and academia. But actual insurance sold in the real world always involves risk pooling. Always.
Can’t wait for the next article about how these poor insurance companies were forced to leave because they were being sued for breaching their agreements with customers under their policies, and how holding insurers to their promises and policies, actually caused the disaster.
Cannon’s Fifth Rule of Economic Literacy: The price is never the problem.
@MrRBourne on the man-made disaster of California's insurance shortage.
https://t.co/QI41JKxkb5 #WarOnPrices
@cellis212 It’s fundamental to how insurance works. It’s exactly what you described in your dissertation as to how health insurance works. I’m not talking about utopian insurance where it’s allowed to discriminate against folks for profit, I’m talking about actual real world insurance.
@cellis212 It’s how insurance works. It’s the way it is set up. All members are pooling their risk, resulting in premium savings for some (higher risks) and overpayments by others (lower risks). It’s how the system works.
@TaylorDThinker So by your logic, someone with a high likelihood of contracting and dying from cancer, requiring expensive treatment, that risk is or isn’t materially like someone who is likely to be healthy and unlikely to ever use insurance? I don’t think you get how insurance works.
No data about how much development happened after or because of the failed rate increase. No data on the loss amount for that vs. the loss amount for homes that were built before the regulator denial of the increase. No data on what insurance company profit is vs. would be.
Love how the author just boldly states this “fact” with absolutely no survey or other data showing it was actually true here. He also bemoaned how low-risk insureds have to pay for higher risk ones now. Yeah…that is the entire idea of insurance, pooling risk. It always was.