loumeinhart

Members
 View Profile  See their activity

  • Content

    1,064

  • Joined

  • Last visited

  • Feedback

    0%

Everything posted by loumeinhart

  1. loumeinhart
    I will shut up if you can answer my question.. What is the most profit a lender is allowed to make?? Please answer
  2. loumeinhart
    Are you a financial expert?
  3. loumeinhart
    Ok so what is the maximum profit allowed?
  4. loumeinhart
    I thought that we were going to be able "view" the bill online for at leat 24hrs before it was signed into law
  5. loumeinhart
    You know, I can't follow all the back and forth between you guys, it's numbing. And this thread is offtrack already. How about this.... I eat healthy I excersise I treat my body well If I'm sick and it's going to cost $700,000 to save me, then I'm ok with dying. How abouts I don't pay for healthcare
  6. loumeinhart
    so when the OP's friend said Personally I would tell the OP's friend that's he's incorrect because the State deals with motorists while the Fed deals with healthcare. He's bitching about toll road enforcement and saying "These are the people in charge of healthcare." The government enforces toll roads The government just passed a healthcare bill This thread was started on the premise that he's an idiot because he can't make the distincion between a private company and government. So you helped me make my point by pointing out that it IS government that enforces the toll roads. A private company can't enforce shit. They can mark your credit. A government authority can suspend a driver's license, issue warrants, etc. So, if I get a ticket wrongful ticket from a toll road, I can absolutely say "and these are the people that are in charge of are healthcare" I'm done, you have the last word
  7. loumeinhart
    You're right. You sound like a pretty educated and informed shopper too. And adding to that maybe someone pitches me on"accident protection". I don't have that now but I'm sure that I closely compared plans everything would mostly wash. Yes, maybe a company can charge less for the same plan and still profit. ...Because they reduced costs. But if the next company reduced costs...then lowered prices (less profit), the first compamy would be forced to compete or lose business. I feel like the horse is dead, you get the last word..
  8. loumeinhart
    Listen buddy, you show me a law in the books that specifically limits the Net Profit % of a publicly traded or privatelty held mortgage originating /servicing institution and I will drive to Fla and buy you a drink. K? Let me tell you what would happen, because it's not rocket surgery.. The fund managers on wall street ultimately are charged with creating growth for investment firms and small financial planners that work for folks like me with very modest 401k's. These fund managers would promtly sell every share of the companies that fell subject to this law. Because it's now a company that is not allowed to grow. An easier example is this. Why would I want to buy stock in a company knowing that they have no incentive to perform. I'm not a financial expert but I'm pretty sure I have the right idea.. One more thing. You seem to be pretty hung up on "Limiting Profits" You do understand that profit margins for other industries are easily higher than banking.
  9. loumeinhart
    That's how I feel about auto I've been accident free since I took the wheel 14yrs ago. I'd hate to get the calculator out!
  10. loumeinhart
    Isn't it the same general idea as me shopping for a new Auto Insurer? If someone out there can beat my current rate then I'll switch to them? They are afterall competing for my business.
  11. loumeinhart
    So what's the limit? What is the most profit a lender like Chase Mortgage is allowed to report to their investors?
  12. loumeinhart
    I just cannot understand this. Here's how I look at it: My bank charges me 5% interest on a loan. A few months later the bank pursues a number of cost-cutting steps: -Negotiate a cheaper monthly lease rate -Reduce labor costs -Reduce other misc operating costs So they slightly increased their profit margin. Do you think they should call me and lower my interest rate to 4.99%?
  13. loumeinhart
    I'm sorry, I didn't think we were talking a speeding ticket. Of course If I'm caught speeding I'll will be issued a speeding ticket by law enforcement officer. I thought the OP was about a different ticket.
  14. loumeinhart
    Interest is the price of money. A company can charge interest and still not make a profit. That's what happens when 100+ banks go out of business.
  15. loumeinhart
    Yes, and I already agreed with you earlier that the government has a role in preventing monopoly, If there is no monopoly, what's to keep an insurance company from lowering their price and attracting more business?
  16. loumeinhart
    That's great. I read the entire page. I can't find where it specifies how to "restrict profits"
  17. loumeinhart
    This is lame, but I was playing a nursing home today (yes) and before I left I hit the water fountain, bent over, the stream shot straight into my glasses! Holy crap it was cold. Somebody top this, I know it's out there,...
  18. loumeinhart
    Actually you know what? I won't one of you geniuses to tell me exactly how you would "Restrict Profit" if you had it your way. It's late and I'm up and MeatnTX is obviously not helping me out so let's spar
  19. loumeinhart
    C'mon, That doesn't "restrict profit" . I'll give you that in the current system busting up a monopoly is good (how about OPEC) but that has nothing to do with profit. :)
  20. loumeinhart
    I like how Kallend answered my question. I guess I'll just ask it again. Dear Kallend, If I dispute a $50 charge from a privately owned company, what can they do to me? (ps.. I know they can take me to small claims court) I await your answer soon Kallend! Love, Lou
  21. loumeinhart
    That's a great point. No, that's an excellent point.
  22. loumeinhart
    Then why doesn't somebody start an insurance company or a hospital that does exactly what you said above? You are implying that an insurance company should be required to "pass the savings on to me". I'm curious GeorgeRussia, what other industries or businesses should be required by law to "pass-the-saving-on-to-me" One more thing. Give me an example of how "restricting profit" in the private sector results in the consumer saving money. Will someone please chime in and help me? WTF
  23. loumeinhart
    I've been working my calculator all day and I still can't figure this out
  24. loumeinhart
    I hope you have enough cash on hand when your meds cost $4,000 a month, every month, and you need that $250,000 surgery. Quote What if the Fed's tax revenue from me is $39/mo. Are you saying they are just gonna give me $4,000/mo for meds? Ever heard Chuck Mangione's "Land of Make Believe" ?
  25. loumeinhart
    My solution is to 1. Put a $$ cap on lawsuit damages. (This would slash liability insurance sosts) 2. Allow anyone/anywhere to purchase insurance from anyone/anywhere (more supply=lower costs) 3. Let me choose my coverage ...hold on to your britches for this one... 4. I keep the right to not purchase or be taxed for health insurance at all.