Comments on: Layoff insurance rears its head in home sales http://blogs.kansas.com/business/2009/04/28/layoff-insurance-rears-its-head-in-home-sales/ Insights into Wichita business from the staff of Business Today Mon, 23 Nov 2009 21:20:56 -0600 http://wordpress.org/?v=2.8.5.2 hourly 1 By: bth http://blogs.kansas.com/business/2009/04/28/layoff-insurance-rears-its-head-in-home-sales/comment-page-1/#comment-14871 bth Thu, 30 Apr 2009 13:42:14 +0000 http://blogs.kansas.com/business/2009/04/28/layoff-insurance-rears-its-head-in-home-sales/#comment-14871 "Aren’t protection plans just another word for “bail out”?" NO. They are actually more like "insurance." There is a statistical probability that something will happen and protections are then purchased based on that probability. “Aren’t protection plans just another word for “bail out”?”

NO. They are actually more like “insurance.” There is a statistical probability that something will happen and protections are then purchased based on that probability.

]]> By: cyclealltheway http://blogs.kansas.com/business/2009/04/28/layoff-insurance-rears-its-head-in-home-sales/comment-page-1/#comment-14865 cyclealltheway Thu, 30 Apr 2009 03:02:52 +0000 http://blogs.kansas.com/business/2009/04/28/layoff-insurance-rears-its-head-in-home-sales/#comment-14865 Hey not a bad idea, what about a protection plan for ski boats, motorcycles, and big screen TV's. Aren't protection plans just another word for "bail out"? If I was in a job that had a potential of being eliminated should I really be out making discretionary purchases? Our nations current financial woes are based on this same kind of thoughtless spending by both the government and many of our major corporations. So let's not continue the trend let's step up and do what is right - sound financial principle living! Hey not a bad idea, what about a protection plan for ski boats, motorcycles, and big screen TV’s. Aren’t protection plans just another word for “bail out”? If I was in a job that had a potential of being eliminated should I really be out making discretionary purchases? Our nations current financial woes are based on this same kind of thoughtless spending by both the government and many of our major corporations. So let’s not continue the trend let’s step up and do what is right – sound financial principle living!

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