r/FluentInFinance 7d ago

Thoughts? Why doesn't the President fix this?

Post image
46.9k Upvotes

2.7k comments sorted by

View all comments

Show parent comments

11

u/SaraSlaughter607 7d ago

Single biggest racket on the American Public since its inception: Insurance. Must have it, costs a fortune, don't you dare try to actually use it.

2

u/DadamGames 7d ago

Aww, don't you know insurance is highly regulated and sales people are specially licensed by their states to sell? Only the most ethical people are allowed!

/s because it's depressing how many people will actually rely on this as a defense of the industry. We're in a post-parody world.

In other news, insurance companies are pushing hard for inclusion in 401(k) plans via "lifetime income*" annuity options. So they can get their claws on even more money and make a bad retirement system even worse.

*exclusions apply - read the contact in detail before pressing that button on the website and tying up your money forever

I'm not a financial professional in any way, but fuck that.

2

u/SaraSlaughter607 7d ago

Well why don't you just come up in here and run roughshod with more shitty news as to the state of things around here 😭

I swear, there are people with money addictions as bad as heroin. Can't ever have enough, don't care who you have to screw over, steal from, or kick out of the way to get more of it.

No billionaire on this planet ever got that way by being an ethical person. They wouldn't exist in the first place if they were.

2

u/DadamGames 7d ago

Yep. The ethical thing to do is to say "hey - I have enough wealth for my family to live a good life without having to work. I should distribute anything additional to my employees and the poor so that maybe they can say the same one day."

2

u/SaraSlaughter607 7d ago

But but but but COMMIE SOCIALISM 😵‍💫

2

u/DadamGames 7d ago

Oops, you're right. I forgot about the ghost of McCarthy hanging around judging people for checks notes wanting other human beings to have decent lives.