Insurance company equity participation, (mandated federal law 1969, enacted for full effect after a 10 years compliance period in 1979), for 1/3 of the value of the insurance policy, to be on deposit and held by the insurance industry as a major catastrophe fund New Jersey State 1998 CAFR is 34 Billion dollars invested with insurance company equity participation, California is 1.8 trillion dollars, Federal is 4.6 trillion dollars. The revenue in the catastrophe fund, 86-90% is provided by composite government investment funds. That’s about 8 trillion dollars. Do you know what the annual interest income is on 8 trillion at 4 to 5%. Get the point……

Undisclosed tax through enactment of law on the insurance industry for the creation of the fund, where they, composite government, provided the revenue to meet the revenue requirements. Ever wonder why auto insurance rates are so high and payment is enforce by armed force? Well, lets see, Arizona, min coverage is $30,000 1/3 = $10,000, 5% annual interest on $10,000 = $500. My insurance is $658 per year – $500 = $158 to the insurance company.. Get the point????

I am not saying your wrong but two of my questions are 1)How slow did you go on those country roads? 2)How did you know that you got 44 mpg?

To Jeff, we are not in the 80s any more. We now have India and China that are starting to use a lot more fuel. If the economy turns around we could be in big trouble again with fuel prices or shortages. It will be similar to what the southeast went through the past month.

I hate to get off subject but Randy you say that slower speeds save gas. There is truth in that but did you or other people know that there are cars being built that are more fuel efficent that can go at higher speeds without wasting that much gas of an older car. In fact there are some for sale today. For example one of the many fuel friendly cars is the 2009 Volkswagen Jetta TDI produces 140hp, 235 ft-pounds, almost cutting pollution by 80%+ and gets 41+ mpg highway. VW however claims 50 mpg. There even is a clip of it on youtube. Just go to http://www.youtube.com and type in 2006 VW Jetta TDI 50+ Miles Per Gallon in the search bar. It shows that the car can move a 70mph while still geting 50+ miles per gallon but for Germany it probably can move at a 100 mph and get 35 mpg which is where most of the regular fuel friendly cars are at.

P.S. We should however stay on the subject which is insurance. I’m sure Mr. Peters would like that.

The only reason we are not having limited supplies of fuel now is because the economy turned around at the right time if there is a right time for such a thing.

There is no gas shortage.