334
Just to confirm, there's no plan to subsidize the rebuilding of $40,000,000 mansions, right?
this post was submitted on 11 Jan 2025
334 points (100.0% liked)
News
27865 readers
4293 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
I don’t know about the US, but in the UK, rebuilding would be covered by the homeowner’s buildings insurance.
Although insurance companies would probably try to claim it as an Act Of God to get out of it. Don’t know how that would go legally…
I'm an Atheist. Act of God is nonsense. What does it even mean? It can mean whatever the fucking insurance wants it to mean and it's horseshit
Privatize the profits, socialize the losses…
I’m an atheist that understands that an act of god refers to any destructive natural event where the damage to property couldn’t have been reasonably prevented. And insurance companies detail exactly what is and isn’t covered per policy; it’s just that they can get away with denying coverage due to lack of oversight/policing of them.
I Germany we call it "Höhere Gewalt". While that can refer to something supernatural, it just means "higher force" and I think it does a good job as a term.
It isn't a good term though. There's no such thing as the supernatural.
Yeah it's not supernatural. It's just that nature itself is a higher force than we are, or can you prevent an earthquake?
Don’t let reason and logic get in the way of his edginess.
Dude, I'm also an atheist and very vocal about it. Don't be that kind of atheist. Pick your battles and realize that trying to eliminate religious words from non-religious applications is not one you're going to win. This is really no different from atheists who refuse to do things like exclaim, "Jesus Christ!" when they stub their toe or are super frustrated or whatever as if the words have some sort of power.
As someone who thinks there is no such thing as the supernatural, maybe don't give words so much power?
You can't prevent earthquakes but they sell earthquake insurance.
Many modern buildings are designed to withstand earthquakes of some magnitude; this is what reasonable prevention means.
You can’t prevent any natural force unless your uncle knows god (and is on good terms with them). What was stated was the ‘reasonable prevention of damage’. insurance companies that sell earthquake insurance won’t insure buildings that are not up to code, which in turn is based on locally expected disasters, their expected commonality, their expected severity, and what is considered to be reasonable measures for the prevention of damage (or an excess of e.g. mitigation).
For example, where I live you can’t get hail insurance unless you have impact resistant shingles. I had and have exactly that so I got hail insurance; after a particularly bad hail storm (and 8 previous years of wear) I filed a claim and had my entire roof redone at my insurer’s expense. I was kind of surprised how straight forward the process was and the stark absence of bullshittery, but I may have just gotten lucky. The area I’m in gets a lot of hail so it may also be in the insurer’s best interesting not to get a name for denying for hail damage.
load more comments
(1 replies)
load more comments
(3 replies)
Read your contracts, the things that fall under this moniker will be listed.
Yeah wtf with the religious taint. That's what I call all these stupid terms that creep into secular government and businesses because it reminds me of the Zerg's creep from StarCraft. Lol
No, fire insurance is a required part of home owners insurance in California, at least for now, but I'm sure the cost of this fire will have insurers squirming to get out of that.
Hopefully their insurers won't go bankrupt
I don’t know about the US, but in the UK, rebuilding would be covered by the homeowner’s buildings insurance.
A lot of these places were dropped from their insurance because insurance companies made the risk calculation.
Acts of God are covered by homeowners insurance unless explicitly stated otherwise. A homeowner in the Palisades without fire insurance is.....playing with fire.
A homeowner in the Palisades without fire insurance probably doesn't have it because their insurance company dropped them, after doing the calculations and realizing how likely a fire was
I haven't read the articles but there's a bunch of headlines that insurance companies were dropping a lot of houses in the Palisades area.
Very much depends on the insurance held
load more comments
(2 replies)
FEMA provides assistance to make essential repairs to homes in some instances, but does not provide rebuilding assistance is my understanding. They do provide funding for temporary shelter and essential supplies, but those amounts are not tied to income.
No mention of rebuilding subsidies for homeowners. I assume they’ll be assisting with state-funded infrastructure after recovery as well.
Meeting with federal officials at the White House, Biden said the funds would go toward debris removal, temporary shelters, salaries for first responders and more for 180 days.
Isn't that why you have insurance
For sure, it is. But in the likely event that insurance providers somehow deny the claim, the cynic in me expects the government to provide socialized support for the wealthy as soon as it can.
Because the wealthy are always made whole. It's only the working class who can't stand up for themselves who are generally taken advantage of by insurance agencies.
Rich tend to have power and influence. If biden wants to create a legacy for him and his associates (whether his kins or the party members), he needs to serve the rich people's needs first and foremost.
It is only rational that he does that. Isn't it?
Proof that there's always money from Uncle Sam to help the super rich.
There are plenty of people affected by this fire who are not super rich. Something like 1 in 34 Americans lives in LA County, IIRC, and most of them aren’t super rich. Yes the Palisades area is pretty affluent, but not all of the surrounding areas are. What’s more, the effort to STOP the fire protects everyone.
Besides, most of who we think of as rich in LA is nowhere near the level of the ultra-wealthy whose wealth we should be redistributing. The 400 richest Americans have over $5 trillion in wealth. A-list actors and directors and movie producers are a drop in the bucket in comparison.
The numbers in this are now out of date because it’s from 2021, but it’s still worth looking at.
Oh, I'm not opposed to stopping the fires. the best way way to do that is to tax anyone burning fossil fuels out of existence.
Yeah! Don't hate the people who only have enough wealth to not work for the next several generations! There's even RICHER people out there!
The median home value in the palisades is $3,485,831. That's more than double the median lifetime earnings of an American.
And all of the money they have is still dwarfed in comparison to only 400 people. I'm not saying their wealth isn't extravagant but most actors didn't receive their wealth from exploiting millions of working class people.
Yeah, they only get their wealth at the expense of hundreds of supporting staff who make next to nothing in a predatory industry.
Actors are hella exploited too. Sure, someone who is living in a multi-million dollar home is likely to have "made it" such that they're able to shield themselves from much of the exploitation that most actors face, but actors aren't responsible for the industry being predatory. In many cases, they're the saps that fell for the bait (I say this as someone with a few friends who are actors, who struggle to pay basic bills).
Two co-workers of my other half lost homes, one lost a family member too. They are service workers, I can assure you they are not rich.
Perhaps you prefer everyone gets nothing as long as it prevents the rich from getting anything too? That’s some republican level thinking - y’know, where no poor people get any help because a freeloader or two might get something.
The difference between your service worker friends and their ultra wealthy neighbors is that your friends will likely have their insurance claims denied, delayed and defended. Meanwhile the wealthy neighbors will cash in on their multi-million dollar art insurance on top of the housing insurance, even if they managed to have their servants sneak the art out in their spare bentley.
Then next year when your friends are still scraping by on savings the increase in premiums will come in so they can help pay for the payouts that went the rich.
If they are lucky they'll get 80% of the value of the house paid out and nothing for belongings.
You didn’t answer the premise.
You prefer everyone get nothing in order to stick it to the rich?
Why even have middlemen that earn a profit for shareholders for property insurance?
My problem is with the system, not the little guys.
load more comments
(5 replies)
load more comments
(1 replies)
Trump will let Cali burn.
Trump would sell NFTs of the ash mounds found in LA, then rug pull and move the assets to the Cayman Islands.
Might as well make the last time it ever happens a good one.
Good call, Joe.
Its so that 47 cant walk it back and hold the state hostage by witholding relief funds... Again.
Then California withholds it's funds to the federal government...
B u better get them checks signed right now
And here I am still waiting on FEMA to get their shit together and get me the money they owe me from over 3 months ago.
Say what you want about him but the military is sending 10 water helicopters and every fire plane it has. There's also over a thousand ground personnel going to help. And if you've looked at the fire recently you'll see why, there's a real danger it breaks into the semi-urban area.
Trump would 100% be laughing while playing.the liar (lyre)
Isn't that socialism or communism or government over reach though? How can Republicans stand for this?!
view more: next ›