Money & Finance

The New Auto Insurance Conspiracy Theory

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When you signed on the dotted line for your new auto, it seemed like you were on top of the world. You went shopping at the right time, and felt like you got a steal on the price. And then, the insurance bill came in the mail and the bottom on your perfect little world dropped out. What happened?

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Medical Malpractice Insurance Denial Conspiracy To Prevent Future Cases

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Insurance companies are in a vast, unorganized yet effective conspiracy to deprive nearly all victims of medical malpractice from any recourse or compensation through the American Justice system. “Independent and non-partisan studies have shown that approximately 100,000 patients die each year in hospitals due to medical malpractice.”

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Real Estate Licensing Laws Are Criminal Conspiracy Created By And For The Benefit Of A Cartel

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When I walk into a supermarket, the first thing I look at are the floors. If they aren’t buffed to a blinding glow, I walk right back out. Why? Because if the manager isn’t staying on top of the floor maintenance, he isn’t staying on top of anything else, either. Without doubt, I am “protected” by vast armies of federal, state and local food cops, but it turns out that they are not willing to get food poisoning in my place. If I fail to guard my own self-interest, the courts might make me (or my heirs) whole — after-the-fact. But nothing can protect me if I won’t protect myself.

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Insider Tells How Insurance Companies Rig The System

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Mark Romano gripped the steering wheel and tried to keep his car from swerving into another commuter on the busy Illinois tollway. “God, please don’t let me hurt someone,” he prayed. Dizzy again. These bouts of vertigo were barely noticeable at first, but something else was going on now. At night, he would lie in his bed, stare at the ceiling and watch everything twirl. In the morning, the spells came in waves during his commute to Allstate’s national headquarters in suburban Chicago.

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Is There A Conspiracy In The Real Estate Business?

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We hear it time and time again from FSBO sellers – why should I rely on a real estate agent to sell my home when I am perfectly capable myself? You likely hear similar questions about the real estate agents’ roles in the selling and buying processes. Apparently, researchers are trying to put a science to the question and others like it that promote large-scale changes in the way that real estate transactions are done today. Namely, the commissions that brokers and agents receive as a result. And the answer from the industry is always the same: That only an expert in real estate can make the process go smoothly and successfully.

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Conspiracy Using Eminent Domain To Condemn Mortgages

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The New York Times has an interesting article describing one California city’s plan to use eminent domain to condemn and restructure mortgages [HT: numerous readers who have written me requesting that I do a post about this issue]: The power of eminent domain has traditionally worked against homeowners, who can be forced to sell their property to make way for a new highway or shopping mall.

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The US Government Continues To Bail Out Mortgage Lenders Using GSE's

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The news has been slow for a couple of days. The stock market did a frantic dive and recovery. Mortgage interest rates hit a new low for this year. So let’s visit an economic conspiracy theory. The United States government continues to bail out banks as a matter of policy using GSEs.

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