Posts by recordari
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For-profit insurance is a fairly recent invention and even now, some co-operatives are still going strong.
Fonterra?
Yes, you make many valid points. But I was thinking of the 'for-profit' insurance sector, which seems like another form of wholly corruptible usury.Seems I'm not alone in seeing Insurance in this way, but I might now be on some watch-list for reading it.
The person quoted says;
As an alternative to health insurance, Dr. Alam suggests Takaful, “…the concept of social solidarity, cooperation and mutual indemnification of losses of members. It is a promise among a group of persons who agree to jointly indemnify the loss or damage that may inflict upon any of them, out of the fund they donate collectively. The Takaful contract so agreed usually involves the concepts of Mudarabah, Tabarru' (to donate for benefit of others) and mutual sharing of losses with the overall objective of eliminating the element of uncertainty.”
Interesting.
Well that's one rose-tinted way of looking at it. In the case of medical insurance the "co-ops" have tended to be instigated by members of the medical profession to effectively create a private market for their services in the face of otherwise becoming public servants in the public health system.
Yes. This is what I was thinking about.
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You've been reading Roger Douglas' book of speeches again!
Whenever the concept of Insurance originated, it is fairly clear to me that probably on the first day, if not the first few minutes, someone thought; 'Shit, we're gonna get filthy rich out of scaring people half to death. Where's that surgeon friend of mine. He'll want to invest.'
Don't worry, according to recent reports my cynicism will drive me to an early grave. Ha, who's laughing now? No more insurance money from me!
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Don’t worry. When I rule the world, I’ll ban all absolutism.
It's Friday, so sue me...
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Or, in answer to Lara Bingle's 'Where the bloody hell are ya?'
New Zealand. 'We're in here.'
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If only we could turn the clock back (or, alternatively, if someone could just build a university in Wanganui and poach all Massey's staff, that'd work for me too!)
I give you Massey University, Wellington and Massey University Auckland.
It's balmy Palmy we should be scared of. They're infiltrating the very fabric of our society, while we get distracted by what's going on in Hidesville and on Capital Hill.
You have been warned.
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Maybe he meant this one?
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The fact that the most recent person offended by it, is in Adelaide, highlights the bizarre nature of this part of the thread.
You can take the Wellingtonian out of Government, I mean Wellington, but you can't... no I'm not going to.
This is Palmerston North's idea of Pure Poetry. Look at the size of that section! And did I say flat? Bowling green.
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you still look to me like an elephant’s arsehole
surrounded by blue-black haemorrhoids
Yip, I'd say Auckland wins that one. Funny, I remember a different side of Baxter.
Do you think anyone will notice if we try morphing this thread into a poetry one? Politics shmolitics! -
O sterile whore of a thousand bureaucrats!
But it's Ok when James K Baxter says it, right? He must have been there on a particularly bad day, as this does seem a little OTT, even for literary purposes.
Can we at least agree that our transgressions are well short of this?
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