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| GEICO; interesting fact | |
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| Tweet Topic Started: Mar 14 2009, 11:02 PM (309 Views) | |
| KeAoS | Mar 14 2009, 11:02 PM Post #1 |
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CREW MEMBER
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Came across some info on GEICO today that I never knew before. G overnment E mployees I nsurance CO rporation Employees of the federal government are rewarded with stock in GEICO as part of their salary. Interesting that the people who make laws decided to make one saying you have to have auto insurance, and they just also happen to own a giant company in that industry.
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When in Doubt... Google it. Google Everything. I don't care if you have to type a f***ing essay into the search box. The first thing they teach you at school should be Google it. They wouldn't have to teach you much else. "My country is the world, and my religion is to do good" - Thomas Paine | |
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| TJSEVEN | Mar 15 2009, 11:32 PM Post #2 |
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OZ ... The Great and Powerful!!
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They've been around forever....the heavy advertising is somewhat recent. Years ago it was not available in some states like NJ.....probably because the giants like Allstate were paying off the state politicians to keep them out. |
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THE BLACK PEARL with a new sail! AMD Athlon 64 X2 4400+ Toledo Core 2MB L2 cache S939 Overclocked to something or other this week! ASRock 939Dual-SATA2 MOBO (3 PCI, 1 PCI-E x1, 1 PCI-E x16, 1 AGP, 1 Future CPU Port, 4 DDR DIMM, Audio, LAN) 4 Gig G.SKILL PC3200 DUAL DDR SDRAM and other Stuff....! ZOOM>>>ZOOM>>> I ALWAYS SAY," IF YOU HAVE TO SPEND MONEY TO OVERCLOCK THEN IT ISN'T REALLY AN OVERCLOCK!!" | |
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| Tazman | Mar 16 2009, 07:32 AM Post #3 |
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AVAST YE ... DEAD MEN DON'T BITE!
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As far as I can find in a quick search, while the G may stand for Government, it is not owned by the government ... it was a company started with a specific group of people in mind, government employees, and thus the name. |
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| TJSEVEN | Mar 16 2009, 08:43 AM Post #4 |
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OZ ... The Great and Powerful!!
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So one Caveman says to another, " Ya know, someday there are gonna be a lot of bureaucrats....I got an idea"!!! |
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THE BLACK PEARL with a new sail! AMD Athlon 64 X2 4400+ Toledo Core 2MB L2 cache S939 Overclocked to something or other this week! ASRock 939Dual-SATA2 MOBO (3 PCI, 1 PCI-E x1, 1 PCI-E x16, 1 AGP, 1 Future CPU Port, 4 DDR DIMM, Audio, LAN) 4 Gig G.SKILL PC3200 DUAL DDR SDRAM and other Stuff....! ZOOM>>>ZOOM>>> I ALWAYS SAY," IF YOU HAVE TO SPEND MONEY TO OVERCLOCK THEN IT ISN'T REALLY AN OVERCLOCK!!" | |
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| roachrlsjr | Mar 16 2009, 11:43 AM Post #5 |
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RoachApproach
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There you go again, blaming it on the Cavemen! We all know it was "W"s fault! Happy Day
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Jan2011 ASUS-M4A785-M*PhenomII x3 715 2800*2x2GbAdataPC2-6400*WD320G7200SATA3*GIGABYTE PCIe16 GV-R567OC 1Gb128BitDDR5*Thermaltake430W*Win7HomePrem64*AcerV223w*eMach15LCD (Retired) T6520 MS7145*A64-754-3400+2.4GhzNewcastle1600FSB*2x1GbPC3200DDR400*200Gb*DiamondX1650PCIe512mb*AcerWS22LCD*Antec500w*XPHomeMCE/PCLinuxOS2009 (R-I-P) eMon500a <http://www.nerdtests.com "My computer geek score is greater than 70% of all people in the world! How do you compare?"> | |
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| KeAoS | Mar 18 2009, 10:36 PM Post #6 |
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CREW MEMBER
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Yeah after doing a lil more research to double check my statement I discovered that GEICO is mostly owned buy none other than the billionaire Warren Buffet, the companys main finances came from Berkshire Hathaway holdings and where as the company itself is private it has gained much government favor by making government employees the main aim of their services, as well as large amounts of lobbying and political contributions.
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When in Doubt... Google it. Google Everything. I don't care if you have to type a f***ing essay into the search box. The first thing they teach you at school should be Google it. They wouldn't have to teach you much else. "My country is the world, and my religion is to do good" - Thomas Paine | |
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| roachrlsjr | May 19 2009, 12:54 AM Post #7 |
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RoachApproach
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Yes, Mr. Buffay has proved to be a "fairy weather friend" at the very best!!! He can afford to take risks that 99.999999% of the rest of us can't and he can say whatever he wishes without fear of reprisal. Whoopty-flippin-d00000, a lot of good that does the rest of us!! Did you know that Progressive Insurance is owned by a John Kerry supporter? He's probably butt-buddies with the billionaire Boy-George Sora55 who helped purchase the Barry Obama-0sama-pajama-mama-yomama-Bi(n-la)den election victory. Just in case you're wondering, I won't be switching to Progressive anytime soon, the name alone makes my sphincters pucker like a vise... and then Curly said, "Vice? I don't have any vices, I'm as pure as the driven snow." and Moe replied, "Yeah? (DOINK, on Curly's bald head with a shovel) Well, you drifted!"
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Jan2011 ASUS-M4A785-M*PhenomII x3 715 2800*2x2GbAdataPC2-6400*WD320G7200SATA3*GIGABYTE PCIe16 GV-R567OC 1Gb128BitDDR5*Thermaltake430W*Win7HomePrem64*AcerV223w*eMach15LCD (Retired) T6520 MS7145*A64-754-3400+2.4GhzNewcastle1600FSB*2x1GbPC3200DDR400*200Gb*DiamondX1650PCIe512mb*AcerWS22LCD*Antec500w*XPHomeMCE/PCLinuxOS2009 (R-I-P) eMon500a <http://www.nerdtests.com "My computer geek score is greater than 70% of all people in the world! How do you compare?"> | |
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We all know it was "W"s fault!
Happy
Day
11:41 AM Jul 13