“$1 billion-plus riot damage is most expensive in insurance history” (Axios):
The vandalism and looting following the death of George Floyd at the hands of the Minneapolis police will cost the insurance industry more than any other violent demonstrations in recent history, Axios has learned.
Why it matters: The protests that took place in 140 U.S. cities this spring were mostly peaceful, but the arson, vandalism and looting that did occur will result in at least $1 billion to $2 billion of paid insurance claims — eclipsing the record set in Los Angeles in 1992 after the acquittal of the police officers who brutalized Rodney King.
Shops in the suburbs weren’t torched or looted, right? Rational insurance companies will therefore charge higher rates going forward for retail stores in urban areas. Combined with the extra risk of being shut down due to coronapanic, the risk of losing customers as richer city-dwellers flee during coronapanic, and the higher minimum wages that some cities mandate relative to surrounding suburbs, why would rational business owners decide to continue operating a lot of these shops? So the white suburbanites who came into the cities to join the protests, ostensibly to help their Black brothers, sisters, and binary-resisters, will have ended up permanently degrading city life for Blacks of all gender IDs.
“So the white suburbanites who came into the cities to join the protests, ostensibly to help their Black brothers, sisters, and binary-resisters, will have ended up permanently degrading city life for Blacks of all gender IDs.”
Question: Was it really white suburbanites who came to the city to loot?
My impression was that there were protesters, and there were looters – who took advantage of the chaotic situation. How much overlap was there between the two groups?
It seems unlikely that a white suburbanite would make the effort to travel downtown for a pair of looted Nikes, when it’s so much easier to use Amazon.
“The so-called revolutionaries who were busted for rioting at a New Afrikan Black Panther Party rally took a break from their yacht club lives and modeling careers to be a part of the mayhem.”
https://nypost.com/2020/09/09/inside-the-privileged-lives-of-protesters-busted-for-manhattan-riots/
SP: Even if white suburbanites were “mostly peaceful” or “entirely peaceful” they still contributed to the mass crowd phenomenon that enabled others to cause damage that resulted in insurance payouts. Without huge crowds coming into the city to protest, it wouldn’t have been possible for people to damage stores, break glass, loot, etc.
I, for one, welcome our new Amazon overlords!
I don’t get the point of protesting other then that it will lead to rioting no matter what and the more riots a neighborhood has, the further down the drain it goes because no one will want to be in that area to open a business or come for a business. It’s that simple.
1) Why do protesters protest at night? Shouldn’t those “peaceful” protest do their thing during the day? Or are they afraid that if they protest during the day, they cannot hide in the darkness of the night to riot and steal?
2) If “protesting” is the way those protesters see how they must get their message out, aren’t they wasting their time and everyone else’s? If you want to change something, use your voting power or run for office. Those politicians and leaders who are “walking” with you, sorry, I mean “protesting” with you, are far better off than you and don’t give a damn about your protest. If they did, they would have changed things after being in the office for a life time.
Walking around, shouting, sorry, I mean “protesting”, and making a fool of yourself doesn’t get you anywhere. In fact, even a “peaceful”, daytime protesting can put the lives of innocent ones at risk [1].
[1] https://patch.com/massachusetts/easton-ma/i-93-protesters-block-easton-ambulance-reaching-hospital
What I think is interesting is that this seems to be becoming a trend: a journowhore tells an outright lie and the evidence against that lie (while pretending not to notice the contradiction) in the same article, even the same paragraph: “mostly peaceful…$1 billion to $2 billion of paid insurance claims”. (By that standard, wasn’t World War II “completely peaceful”?) It isn’t just this article; I’ve been seeing this phenomenon almost daily, for the last year or two.
Is it because the media has finally purged their newsrooms of experienced but expensive veteran reporters, replacing them all with cheap 20-somethings who don’t have the mental acuity to be prostitutes or liquor store clerks? Is it because after selling their souls to Satan, reporters can no longer perceive morality and lying as we mortals do? Or are they intelligence plants assigned by Trump to make the media look so bad that all Americans will beg the President to destroy the media once and for all?