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2004-08-21 Home Front: Politix

It's still early - call your broker and dump your Progressive Stock now!

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Posted by B 2004-08-21 7:52:31 AM|| || Front Page|| [1 views since 2007-05-07] Top

#1 How much sympathy would a Progressive Insurance agent have if I were to get into an accident while under the influence of marijuana?

Posted by eLarson 2004-08-21 9:29:42 AM|| [http://larsonian.blogspot.com] 2004-08-21 9:29:42 AM|| Front Page Top

#2 The link goes to a FrontPage article on 'Kerry fights back' so I cant find the article for this :(.

Hmm... I disagree. Lewis, the CEO can spend his own money however he pleases. On Marijuana Policy or whatever. Its his money.

Now if he was using the Progressive Corprate funds, like, for example, the Unions who use compulsary union dues, then there is a problem.

Posted by CrazyFool 2004-08-21 12:51:59 PM|| 2004-08-21 12:51:59 PM|| Front Page Top

#3 keep scrolling down.

CF, you are right, but if I was a stockholder, I would not be particularly pleased by this for two reasons...1. I wouldn't like to think that the chairman was soo into pot, that he felt compelled to spend this type of money on this cause; 2. If I was looking for insurance, I'd prefer that the name "Progressive" referred to their business practices, not to legalizing drugs; 3. It's just not good press, in these divisive times, to be pissing off half of your customers and stockholders on political issues like this.

Posted by B 2004-08-21 3:51:18 PM|| 2004-08-21 3:51:18 PM|| Front Page Top

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