It’s not all the fault of the bad economy that our net worth is plummeting. We Americans waste over half a trillion dollars each year on items we can do without or simply toss. Take, for instance, lottery tickets. Americans shell out $31 billion for lottery tickets even though the chances of winning are pretty slim. We also throw away $165 billion each year in food, yet spend $29 billion on candy.
The Illinois carrier recently raised $35 million through a stock offering.
One of the recorded votes on amendments was on a jab at short-term health insurance.
A Principal Financial executive represented life insurers at the hearing.
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