[FoRK] Time Asymmetry of Government: Terminal Stage Approaching

Ken Ganshirt @ Yahoo ken_ganshirt at yahoo.ca
Wed May 26 14:25:24 PDT 2010


--- On Wed, 5/26/10, Russell Turpin <russell.turpin at gmail.com> wrote:

> If the various haruspexers of America's demise were willing to put
> some measurable benchmarks on their prophesies, with deadlines, I
> might be willing to offer them insurance against that.
> 

Sharp fellow!! Knowing full well that in the scenarios that would require you to pay out, you likely won't be in any position to pay out. Nor would your clients be in any position to try to collect.

Just as an aside, you don't provide insurance *against* something happening. Not ever. In most cases you are powerless to prevent the thing from happening. 

You provide insurance in the event the thing *does* happen. E.g. you're betting it won't happen; your client is betting it will.

Q: Why is it called "Life" insurance when you have to die to collect?

        ...ken...




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