Thursday, October 02, 2008

Re: BIG RALLY

When democrats pushed the unqualified into home loans, it was very good for bank business. Banks enjoyed year after year of lower loan defaults and soaring fee income while the prices of homes soared.


Forcing people into health care programs will be good for insurance firms for a number of years. Later on, when politicians force non market pricing on the insurers, they will put them in the same position as the banks are in today.


The reason the free market, without question, allocates resources the best is because pricing is set by the wisdom of the collective market instead of by the few who know think they are smarter or more caring than the market.



On Thu, Oct 2, 2008 at 12:47 PM, Al wrote:

My wife works for Aetna and just this week, CEO Ron Williams, issued a vidio in which he stated that the company's fundamentals are very sound. He feels that most of the decline in stock is due to general market conditions as Aetna is the market leader in the health insurance industry. One area of business is to to bring low cost insurance to young single people. Aetna is also the leader in managing self insured companies.n Ron Williams has made several visits to the Bush Whitehouse talking about healthcare, but currently indicates that an Obama Whitehouse will be very good for Aetna's future.

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