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Infuriating policy idiot of the week award!
Comments
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Yes. totally agreed.If it was government provided then we would all pay for it via tax. No doubt it would be much less efficient too.
We'll pay for it one way or another
So why are motor insurance companies having massive profits and shiny company cars, huge bonuses etc? we're paying for all that too. Is there any need?0 -
They don't always make profits.UsernameAlreadyExists wrote: »So why are motor insurance companies having massive profits and shiny company cars, huge bonuses etc? we're paying for all that too. Is there any need?
Why should the government and therefore the tax payer take that risk.0 -
If 3rd party insurance cover is government mandated, then it should be government provided, and paid for via taxation. Not via money making private business and fat cats.
Instead we would be paying more to fat cat civil servants cross subsidised by the tax payer.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Instead we would be paying more to fat cat civil servants cross subsidised by the tax payer.
Are you serious?
What does the "governer of the bank of england" get paid? That's a pretty important job? no? How about the PM himself? What's his salary?
Now compare that to the fat cat at the top of Admiral (for example). What did they get paid this year? and what was their bonus?0 -
They don't always make profits.
Why should the government and therefore the tax payer take that risk.
They don't make profits? Really? Where does the "pool" money come from for the uninsureds? If they're losing money ... why aren't they folding like all the other businesses in the current recession?0 -
Now compare that to the fat cat at the top of Admiral (for example). What did they get paid this year? and what was their bonus?
Admiral boss gets £358,000 Salary.
Governor of the bank of england gets more than double that at £874,000. Plus govt pension.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
And the bonus?0
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I'm sure Davey Cameroon's salary will take a massive upward spiral once he quits office, ala senior Blair et al.0
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Of course it will, he's in bed with the private sector. Funny that.0
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UsernameAlreadyExists wrote: »They don't make profits? Really? Where does the "pool" money come from for the uninsureds? If they're losing money ... why aren't they folding like all the other businesses in the current recession?
You really don't know what you're talking about, do you.0
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