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View Diary: 9-month-old Florida firm donates $140,000 to Scott and state GOP, gets $52 million state deal (77 comments)

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  •  Privatizing insurance (1+ / 0-)
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    Privatizing is a bad deal in almost every case.

    Privatizing insurance is an expecially bad deal. Basically, the power to tax is the FL ultimate reserves. No private company has those reserves. And, if I bought a policy from you, you sell teh policy to someone else, and the buyer hasn't the reserves to pay my policy when I need to collect, then I have a case against you.

    IANAL, but I would think the case has standing. I bought a guarantee from you.

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