Conceptual idea from Julius Young at www.workerscompzone.com.

Oink! Oink! Oink! Old MacDonald had a farm....and on that farm he had a trough, e-eye e-eye o.... But who would have have thought that MacDonald's farm had become the California Workers' Compensation system, with insurance companies feeding at the trough?.... e-eye e-eye o.....

Think I'm overstating the case? Look at the pie charts below. Think these charts are exaggerated? Think again! They are based on figures from the industry itself. You can look online to find the Workers' Compensation Insurance Rating Bureau Summary of 2006 Insurer Experience which was released by the WCIRB on April 30, 2007.

Since enactment of SB 899 in 2004, insurer profits totaled $27.7 billion and benefits to workers (Including medical treatment, temporary disability and permanent disability income replacement benefits) totaled $19.8 billion.

Insurer profits now exceed workers' benefits. Governor Schwarzenegger may have "fixed" the system, but it was a fix allowing the insurers to belly up to the trough. E-eye e-eye o!

All that money given to the Governor seems to have been well spent. All it takes is a few bucks spent in the right places to twist and convolute the law to your own ideas. It's pretty disgusting!

Look at the charts: