Poor Aetna Insurance. The third largest insurer in the U.S. is whining about the Affordable Care Act (ACA, or Obamcare) costing them $363 million in losses during 2016. As a result of this claim, they are threatening to drastically reduce their participation in the ACA Exchange for 2017. First, in case you missed it, the ACA is the massive health care program that was pushed for by various Democratic regimes. It was finally passed by the Obama Administration a couple of years ago. What ACA did was create a system which permitted approximately 8 million people who didn't have health insurance to have access to it. If you ask me, the primary benefactors from the ACA have been the health insurance companies like Aetna who picked up so many more paying customers, but Aetna is telling you and me that this hasn't been the case. That they have taken this huge hit as a result of the ACA and that they are going to pick up their marbles and refuse to play anymore.
Let me say that I in no way whatsoever want to suggest that I'm advocating the ACA. I believe in Universal free health care. That means no health insurance. You go to the doctor - whether to have triple bypass heart surgery, or to get stitches, and you pay absolutely nothing at the doctor's office because health care is paid for through your taxes. And, if you are wondering where that money will come from to pay for it, so many intelligent people have determined that just reducing the number of hydrogen and Intercontinental Ballistic Missiles in half would pretty much pay the bill. I don't know about you, but I would pick free health care over a missile that misses buildings and kills people. I have never woke up thinking what I need today is a missile like that. I do think its important to state to you that I am convinced that most people in this country want free universal health care right along with me. That's why the ruling classes pump so much fear into your brains about the "horrors" of a free health care system. Its funny, but the Post Office, which is incidentally the same model that free health care would operate under, was running just fine for decades until the fat cat legislators sabotaged the finances of the Postal Service in 2006 in an effort to privatize its services. So, we know that the ACA was simply a compromise to placate the masses who really want free health care. That's why its so insane that Aetna is making this outrageous claim.
Its outrageous because these multi-national corporations can tell you and I whatever they want about their finances because we have no legal right to know what their profits are. All we can do is gain access to their corporate taxes, which tell us nothing about profitability. That's why you have to question anything a multi-national corporation tells you. For example, just a few months ago, Aetna was reporting a $38 million profit for the previous fiscal quarter. They had been racking up an impressive string of profitable quarters and their stock price has maintained a robust position as a result of it. That's why Humana Insurance was in negotiations with Aetna to buyout Aetna. Had the purchase gone through, Humana would have become the largest insurer in the country. Regulators blocked the purchase. This occurred just recently. During the hearings, Aetna officials threatened to abandon making their premiums available through the ACA if the merger wasn't approved. Of course, the entire point of health care reform is to make health insurance affordable for more people. If a major player like Aetna drops out of the game, that places a lot of pressure on the system to maintain any semblance of affordable pricing. During the same merger talks, where Aetna' made their threat, they said nothing about financial losses. They couldn't have because they had just finished reporting that string of impressively profitable quarters Clearly, Aetna is playing hardball with the government now because they didn't get their way. This is one example of how huge corporations deal with things. They dump tons of money into supporting their agendas and if for any reason, things aren't scheduled to go the way they want, they pout and use their massive resources to sabotage the process.
This approach by Aetna and all multi-nationals should be offensive to any justice seeking person. Especially, since Aetna's claim to fame, or at least fortune, happened because of how the company started. Aetna, like all the major insurers and most other industries in the Western Hemisphere, was launched from money secured by the sell and trade of Africans, stolen from Africa, and subjugated to the transatlantic slave trade. Yes, the cotton, sugarcane, hemp, etc, that enslaved Africans picked was sold to Europe and the money paid by Europe was used to finance the industrialization period. Many companies, including the largest banks and insurance companies, like Aetna, cashed in on this golden dawn in U.S. economics by offering insurance premiums on Africans who were owned property of slave holders. And, if you find that hard to believe, just simply google the fact. The reparations movement has been working hard to apply pressure to these multi-national corporations who continue to perpetuate the lie that they occupy their favored positions on top of industry because of their hard work. The truth is they capitalized on death, destruction, terrorism, and destabilization of Africa and the Americas. The pressure to acknowledge this has been so intense that many of these companies, including Aetna, have issued statements within the last couple of years, admitting to everything I'm saying about them here. So, the proof is easy to find if you want it.
So, with that backdrop of understanding, please tell me how the hell anyone with any sense is supposed to have any sympathy or concern for Aetna, or any multi-national corporation? Just the fact that they can front like they are the poster image of success, when in a just world, they should owe Africa billions, is proof of the injustice and the hypocrisy. And, as I've already tried to make as clear as water, although the ACA is far from what we need and deserve for healthcare, Aetna's attempt to dishonestly weasel it's way out from under the ACA Exchange as punishment for being denied its desire to become a conglomerate corporation easily demonstrates the complete contempt they have for the masses of people.
When Parliament-Funkadelic and George Clinton say "we come to claim the pyramids" in their classic hit "Mothership Connection", what they are saying is we are coming back to claim what rightfully belongs to us. What was stolen from us. Let's make the days numbered where these criminal corporations rise up based on stealing from humanity and are permitted to maintain their position on top based on continuing to stick it to us. Even if it was true that Aetna lost money providing affordable health plans, that would still leave them insultingly short on what they really owe us.
Let me say that I in no way whatsoever want to suggest that I'm advocating the ACA. I believe in Universal free health care. That means no health insurance. You go to the doctor - whether to have triple bypass heart surgery, or to get stitches, and you pay absolutely nothing at the doctor's office because health care is paid for through your taxes. And, if you are wondering where that money will come from to pay for it, so many intelligent people have determined that just reducing the number of hydrogen and Intercontinental Ballistic Missiles in half would pretty much pay the bill. I don't know about you, but I would pick free health care over a missile that misses buildings and kills people. I have never woke up thinking what I need today is a missile like that. I do think its important to state to you that I am convinced that most people in this country want free universal health care right along with me. That's why the ruling classes pump so much fear into your brains about the "horrors" of a free health care system. Its funny, but the Post Office, which is incidentally the same model that free health care would operate under, was running just fine for decades until the fat cat legislators sabotaged the finances of the Postal Service in 2006 in an effort to privatize its services. So, we know that the ACA was simply a compromise to placate the masses who really want free health care. That's why its so insane that Aetna is making this outrageous claim.
Its outrageous because these multi-national corporations can tell you and I whatever they want about their finances because we have no legal right to know what their profits are. All we can do is gain access to their corporate taxes, which tell us nothing about profitability. That's why you have to question anything a multi-national corporation tells you. For example, just a few months ago, Aetna was reporting a $38 million profit for the previous fiscal quarter. They had been racking up an impressive string of profitable quarters and their stock price has maintained a robust position as a result of it. That's why Humana Insurance was in negotiations with Aetna to buyout Aetna. Had the purchase gone through, Humana would have become the largest insurer in the country. Regulators blocked the purchase. This occurred just recently. During the hearings, Aetna officials threatened to abandon making their premiums available through the ACA if the merger wasn't approved. Of course, the entire point of health care reform is to make health insurance affordable for more people. If a major player like Aetna drops out of the game, that places a lot of pressure on the system to maintain any semblance of affordable pricing. During the same merger talks, where Aetna' made their threat, they said nothing about financial losses. They couldn't have because they had just finished reporting that string of impressively profitable quarters Clearly, Aetna is playing hardball with the government now because they didn't get their way. This is one example of how huge corporations deal with things. They dump tons of money into supporting their agendas and if for any reason, things aren't scheduled to go the way they want, they pout and use their massive resources to sabotage the process.
This approach by Aetna and all multi-nationals should be offensive to any justice seeking person. Especially, since Aetna's claim to fame, or at least fortune, happened because of how the company started. Aetna, like all the major insurers and most other industries in the Western Hemisphere, was launched from money secured by the sell and trade of Africans, stolen from Africa, and subjugated to the transatlantic slave trade. Yes, the cotton, sugarcane, hemp, etc, that enslaved Africans picked was sold to Europe and the money paid by Europe was used to finance the industrialization period. Many companies, including the largest banks and insurance companies, like Aetna, cashed in on this golden dawn in U.S. economics by offering insurance premiums on Africans who were owned property of slave holders. And, if you find that hard to believe, just simply google the fact. The reparations movement has been working hard to apply pressure to these multi-national corporations who continue to perpetuate the lie that they occupy their favored positions on top of industry because of their hard work. The truth is they capitalized on death, destruction, terrorism, and destabilization of Africa and the Americas. The pressure to acknowledge this has been so intense that many of these companies, including Aetna, have issued statements within the last couple of years, admitting to everything I'm saying about them here. So, the proof is easy to find if you want it.
So, with that backdrop of understanding, please tell me how the hell anyone with any sense is supposed to have any sympathy or concern for Aetna, or any multi-national corporation? Just the fact that they can front like they are the poster image of success, when in a just world, they should owe Africa billions, is proof of the injustice and the hypocrisy. And, as I've already tried to make as clear as water, although the ACA is far from what we need and deserve for healthcare, Aetna's attempt to dishonestly weasel it's way out from under the ACA Exchange as punishment for being denied its desire to become a conglomerate corporation easily demonstrates the complete contempt they have for the masses of people.
When Parliament-Funkadelic and George Clinton say "we come to claim the pyramids" in their classic hit "Mothership Connection", what they are saying is we are coming back to claim what rightfully belongs to us. What was stolen from us. Let's make the days numbered where these criminal corporations rise up based on stealing from humanity and are permitted to maintain their position on top based on continuing to stick it to us. Even if it was true that Aetna lost money providing affordable health plans, that would still leave them insultingly short on what they really owe us.
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