Insurance company bailouts will dwarf the housing meltdown bailouts
BOTH caused by government mucking up the affairs of private businesses
Well, don’t be so sure about that.
Think about it first. Who made the rules of what the coverage should be? THE GOVERNMENT!
Who didn’t listen to the experts (Actuaries)?THE GOVERNMENT
Who wants the Insurance companies to go bankrupt? THE GOVERNMENT!
Without those bailouts, the demise of private companies would just be accelerated. Br mad at the source, not the insurance companies.