Late Stage Capitalism

That's $21 billion per bullet ROI.

Since I don't get my news from memes:

https://finance.yahoo.com/news/unitedhealth-lost-63-billion-value-183122649.html

“Brian helped build this company and forged deep, trusted relationships for over 20 years, and the positive impact he had on people will be felt for years to come,” Chief Financial Officer John Rex said.

Fuck right off

It’s simply not true that Canada’s health care costs less than $63 billion. The actual number is closing in on $400 billion ($372 billion for 2024).

And it also should be noted that there are severe problems with our health care system. Severe nursing shortages and very long wait times for a lot of critical care, long wait times to see specialists, etc.

Depose, deny, defend

Think deeply about the state monopoly on violence and what purpose it serves. Consider how non-violence has been used to cull and mitigate the effectiveness of movement politics since the civil rights movement, where a class of "liberal" white moderates gets to decide what is acceptable or unacceptable as protest, while they themselves have never and will never participate in any kind of meaningful involvement to increase the sphere of rights for all people. Understand why the grievance politics of the right have been so effective at splitting the white working class from other members of the working class, that the white working class is also abused and broken to the wheel of this system, even if their critisism of it are misplaced and ill informed.

if they're not out of business, it's not enough of a loss.

completely unrelated but who's the new ceo just out of curiosity?

Looking at that number made me think that it can’t be right unless the company has many customers (much more than Canada’s population) for it to make sense.

Looked it up, and they have 52 million customers.

So they make sooo much money from 52 million people that they have this amount to spare that would cover 40 million.

Yeah, holy shit.

Edit:

Honestly, they didn’t even lose that much:

Anyone else remember when the math came back and universal Healthcare would have saved the US like $11,000,000,000 every year or every 10 years or something.

Anyway, they chose not to do that because Citizens United made bribery legal. They did pass a republican Healthcare plan that didn't actually change anything. Just made it easier to pick who was gonna fuck you and how hard on a convenient website maintained by GovCo.

While everyone is understandably happy about this, I have to wonder if UHC's competitors gained value at the same time. Because I could absolutely see investors dumping UHC because of its reputation now but continuing to invest in insurance companies, just moving their money. Selling off UHC stock to buy Anthem stock.

Information like this is staggering when it hits you right in the face. And yet, millions of everyday people still empathize with billionaires and giant corporations as if they're just the guy next door on his way to work with his lunchbox, just tryin' to keep his pickup runnin'.

Unfortunately thats is nothing (tho it's 73bn I think).

The lower price is a bit in tune with the recent market overall (-13% vs the -5ish% of the market or whatever) and its still like over 12× higher than it was 20 years ago.

The saddest part is that what was Saint Luigi's effect on price was prob the market expectation that one of the megacorps subsidiaries might miss their claim-denial goals to keep up appearances & marketing.

Thats why I'm saying its the shareholders/capitalism that kills people, CEOs are just dogs with white collars that execute ~~people~~ business for their masters to appease the ever hungry money gods.

I don't know if this is true, but I really hope it is.

He cost United Healthcare more than the 24th richest man in the world owns

What a hero. He's so dreamy too 😍

500 of which is going to AI infrastructure...A.K.A automated police state to prevent any wrongthink.

Huge W. Let's keep this going!