Our
View: Some profits damage businesses
How
could that be? How could the self-centered
quest for one more dollar possibly harm
anybody else? After all it's the American
way, right? We are all about capitalism,
right, and that means we go for the goods,
no matter what.
But
whatever, if that's what gets your motor
going, fine. But it is interesting that
while businesses are complaining about the
high cost of workers compensation, it was
just some other greedy business who helped
set them that high.
Chuck
Quakenbush, California's ex-Insurance Commissioner,
was one greasy weasel. Major insurance companies
like Allstate were pardoned from their shady
dealings during the Northridge earthquake
and weren't even fined by Quakenbush. Six
months later they deposited $50,000 into
his campaign account. Just a coincidence?
Fremont
Compensation Insurance gave Quakenbush $93,350,
nine days after he had raised workers compensation
rates by 18.4 percent. Just a coincidence?
This
is what's so great about America. Everyone
is so out for their own good that they screw
everyone else. Insurance companies who want
high workers compensation rates and HMOs
who want the cost of health insurance to
go up inflate prices for other businesses.
These businesses, who in their dire search
for more profit and their respect for other
companies making a buck, stick it to the
worker. Then they leave the state because
the cost of business is so high.
It's
funny though, you never hear anyone complaining
about the insurance companies or the HMOs.
But the businesses sure do raise a raucous
when workers want to make a enough to live.
Thought that was what it was all about?
Guess that's only for businessmen, huh?
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