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Default OT - Insurers dropping Chinese drywall policies


"Ed Pawlowski" wrote in message
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"Steve Stone" wrote in message
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Insurers dropping Chinese drywall policies
By BRIAN SKOLOFF, Associated Press Writer Brian Skoloff, Associated
Press Writer
Thu Oct 15, 2:10 pm ET


American Capitalism at its finest.
Buy the cheapest crap you can and charge the most you can for max profit.
Make sure it is not made in the USA where oversight and living wages
reduce your profit margin.


Don't just blame the businesses. They sell what people will buy. Just
watch your neighbors shop for the lowest possible price on appliances,
cars, home goods, etc. They will buy the China stuff to save $5 even if
their mother works for the US appliance maker and will get laid off from
lack of sales. . Why pay $129 for that color TV when I can get it for
$119? I'm a smart shopper, right?



Don't blame the buyers or the sellers--just recognize that (economic)
incentives matter
and the confusion will disappear. Economic incentives, of course, include
more than
pecuniary ones.