DEI Hire LA Mayor turns into a mute when confronted by reporter about Calif. fires.

[748rpilot]

I think the California politicians were purposely ignoring the fire threat. They are counting on the federal government $$$$ to rebuild the destroyed homes and businesses. The housing construction BOOM Is going to pump BILLIONS of dollars into their economy and millions siphoned off and laundered into private accounts

If you've ever seen the TV series Justified, one of the sub-plots was some wealthy landed gentry trying to hire the murdering outlaw co-main character to blow a hole in a coal slurry pond that sat above property they owned. Their reasoning was that the federal government would shower them with EPA Super Fund money for the clean up.

Doesn't sound so far-fetched as it used to.

 

[TxWelder35]

But has anybody thought about how much co2 has been released from these fires? Lots of air pollution from smoke. Make the rest of the US should sue California for reckless amounts of air pollution.

For being soooo concerned about air pollution that we have to get rid of all gas engines by 2030 they sure are polluting a lot

 

[theLBC]

 

[theLBC]

 

[kalashnikev]

State Farm Insurance dumped 1,600 policies in Pacific Palisades last summer.

They should have just collected another 6 months of premiums and then denied all the claims.

Do they not know how "insurance" works? Brian Thompson is not around to teach them anymore.

James Wood's home burned. He didn't have it insured.

I thought Woody loved to see a home in rubble? Why the tears?

I guess it's different when it's his mansion? It would actually make an awesome reality show if they starve him for a year while he lives under a flour sack, dodging explosions day and night.

Hey! I think I just figured out how some... Hollywood Producers... can earn their millions back! There is expertise in this area...

 

[Holliday]

What you forget is that many homes were owned by elderly people that have seen their homes appreciate, because of location, these homes were built in the 1950's, but are on fixed incomes, these homes are paid off but they could not afford the inflation cost of insurance. Do they now become wards of the government? Not everyone, was income rich. Sure as the Korean War generation dies off, the homes are remodeled but plenty of people in their late 80's in the Palisades.

And they all have been voting Republican. Cool story.

Blue California is a SHITHOLE

We did not make Blue California a SHITHOLE

I am not going to feel bad that, that Blue SHITHOLE is ablaze

REAP IT!!!!

 

[theLBC]

notable, but i doubt they would test them the way the fires have.

 

[theLBC]

And they all have been voting Republican. Cool story.

Blue California is a SHITHOLE

We did not make Blue California a SHITHOLE

I am not going to feel bad that, that Blue SHITHOLE is ablaze

REAP IT!!!!

california isn't blue. they just harvest ballots and cheat.

 

[Holliday]

california isn't blue. they just harvest ballots and cheat.

LA isnt Blue?

The Palisades isn't blue?

Jesus christ….. I swear.

Why don’t you start a gofundme for these creeps to go along with the pity party.

This is plain Jane pure self-destruction on display.

 

[Emerson0311]

The fix is in. Like planned obsolescence, it can look random, but any logical analysis will conclude the stage was set for a certain type of outcome. Exactly how that develops is irrelevant to the planners, as long as the purposes of distraction and land clearing are achieved. We are seeing the sacrifice of a class that thought they were protected and special.

 

[theLBC]

LA isnt Blue?

The Palisades isn't blue?

Jesus christ….. I swear.

Why don’t you start a gofundme for these creeps to go along with the pity party.

This is plain Jane pure self-destruction on display.

this was LAs response to the covid lockdowns on the 4th. these fireworks are "illegal" here.

 

[theLBC]

 

[notacos4u]

you're going to see developers come in and scoop up all that property for pennies on the dollar.... most of the people i don't see being able to afford to rebuild, especially when you factor in the amount of people needing to build and and trying to locate a contractor. Then factor in the rise in cost of materials... if you're a contractor, it appears there will be money to be made, hand over fist.

As far as the celebrities that lost their McMansion, pound sand .... they're just going to go to their 2nd or 3rd home and cry crocodile tears

 

[Modoc]

you're going to see developers come in and scoop up all that property for pennies on the dollar.... most of the people i don't see being able to afford to rebuild, especially when you factor in the amount of people needing to build and and trying to locate a contractor. Then factor in the rise in cost of materials... if you're a contractor, it appears there will be money to be made, hand over fist.

As far as the celebrities that lost their McMansion, pound sand .... they're just going to go to their 2nd or 3rd home and cry crocodile tears

There is a lot of truth about recovery time and expense. We were hit by the Carr Fire in 2018 and there are still people trunk to finish their re-build 6 years later.

Another factor will be most developers will not want to do individual houses, they would rather build a whole subdivision of cookie cutter units.

 

[Franko]

Buckle up folks it's going to get even more fun. Stick with me this is a bit long:

1. California Democratic political hacks have been keeping playing games with the property and casualty insurance rates in CA for years to keep rates artificially low for customers.
2. This caused lots of insurers to quit the market and drop coverage for high risk areas.
3. The CA government started the FAIR plan to cover those folks that the insurance companies refused to cover. It's "expensive" but still doesn't collect anywhere near the amount of premiums to cover the potential losses they are underwriting. In the commercial market we would call this "fraud" and send you to jail for a very long time. You would also never ever work anywhere in the insurance industry again.
4. Technically it isn't the California government running the plan so the "taxpayers aren't on the hook". However, here is where it gets fun. If FAIR runs out of reserves to pay claims they are allowed to force all the remaining insurance carriers in CA to pay those costs. No matter how big.
5. Of course the insurance companies can then pass all of those costs on to everyone in CA with property and casualty insurance. And you can't say no because you have to have insurance for any building that has a mortgage.
6. This fire is projected to be the largest losses in California history and all in areas that were very high risk due to being in the hills (Malibu, Santa Monica, Hidden Hills, and Altadena; except for the fire near Sylmar, that place is a shithole next to a landfill where houses are merely 500Kish). So it's likely that the FAIR plan was covering a whole lot of those properties. Once again the rich get cheap insurance to cover them while the rest of the residents of CA are on the hook to bail them out.

We are likely about to see every homeowner and business in CA get forced to pay for this our of their own pockets. The entire Democratic establishment is probably in meltdown mode right now and trying to find ways to get the Feds to bail FAIR out. Next step will be to blame the greedy insurance companies if that fails. If the repukes find their balls they might actually be able to make some headway in CA running on this, but alas they likely will find a way to snatch defeat from the jaws of victory.

This three ring circus is just getting started.

 

[375fan]

Buckle up folks it's going to get even more fun. Stick with me this is a bit long:

1. California Democratic political hacks have been keeping playing games with the property and casualty insurance rates in CA for years to keep rates artificially low for customers.
2. This caused lots of insurers to quit the market and drop coverage for high risk areas.
3. The CA government started the FAIR plan to cover those folks that the insurance companies refused to cover. It's "expensive" but still doesn't collect anywhere near the amount of premiums to cover the potential losses they are underwriting. In the commercial market we would call this "fraud" and send you to jail for a very long time. You would also never ever work anywhere in the insurance industry again.
4. Technically it isn't the California government running the plan so the "taxpayers aren't on the hook". However, here is where it gets fun. If FAIR runs out of reserves to pay claims they are allowed to force all the remaining insurance carriers in CA to pay those costs. No matter how big.
5. Of course the insurance companies can then pass all of those costs on to everyone in CA with property and casualty insurance. And you can't say no because you have to have insurance for any building that has a mortgage.
6. This fire is projected to be the largest losses in California history and all in areas that were very high risk due to being in the hills (Malibu, Santa Monica, Hidden Hills, and Altadena; except for the fire near Sylmar, that place is a shithole next to a landfill where houses are merely 500Kish). So it's likely that the FAIR plan was covering a whole lot of those properties. Once again the rich get cheap insurance to cover them while the rest of the residents of CA are on the hook to bail them out.

We are likely about to see every homeowner and business in CA get forced to pay for this our of their own pockets. The entire Democratic establishment is probably in meltdown mode right now and trying to find ways to get the Feds to bail FAIR out. Next step will be to blame the greedy insurance companies if that fails. If the repukes find their balls they might actually be able to make some headway in CA running on this, but alas they likely will find a way to snatch defeat from the jaws of victory.

This three ring circus is just getting started

No doubt Newscum is going to use taxpayers dollars to bail out people due to negligence and incompetence on his and the CA democrat part.
Wouldn't be surprise if he hits the potato up for bailout fund before DJT takes office.
If Newscum wasn't giving out money for illegals there would be money for updating infrastructure and fire prevention practices ( cleaning up dangerous dried brush and undergrowth for starters) .
Forcing remaining insurance companies to pay costs is total bs and communist move.
Too much government interference has screwed things up out there, if the free market had been allowed to operate, we wouldn't see a lot of these expensive disasters.

 

[Bullfrog08]

What you forget is that many homes were owned by elderly people that have seen their homes appreciate, because of location, these homes were built in the 1950's, but are on fixed incomes, these homes are paid off but they could not afford the inflation cost of insurance. Do they now become wards of the government? Not everyone, was income rich. Sure as the Korean War generation dies off, the homes are remodeled but plenty of people in their late 80's in the Palisades.

Do you really think the home was the valued asset? Insurance or not, everyone will be fine. The property alone is probably worth twice what most homes are worth. Even if the property value is slashed by half, they are probably still close to a millionaire.

If I was a developer and wanted to build exclusive homes in an exclusive area, what better way than to remove the fire risk by setting it ablaze, thereby removing shit homes in the way of exclusive homes! That's my daily conspiracy theory.

 

[supercorndogs]

Are we gonna let the tail wag the dog. The problem is not the fire budget. The problem is lack of and even banning of fire mitigation measures like clearing brush and tall weeds and cutting trees. Lord knows there are plenty of people in the jails of LA to get the job done.