Look like a possible food desert starting there.
I feel terrible sorrow for the honest business owners in that neighborhood. But they should move and never return. Let those feral savages reap what they’ve sown
L
Next up, protesters blame racist corporations for the lack of basic services in “the black community”.
Watts and Liberty city grew again because the gubmint came in and spent your money, and a bunch of good bid ness men like Magic Johnson went in and rebuilt Opportunity.
Unarmedteen M. Brown, RIP.
All this, for a thug?
“I had to borrow $700 to buy some wood, just to put the boards together to close up where (the rioters) came in from, to close the building. It’s just too much, you know,” added Yaacoub, who carries insurance coverage for fire damage but isn’t certain when or how much he might be paid to begin a rebuild. A friend launched a fund to help pay for the market’s restoration.
I don’t know about this particular business. But, most retail storefront businesses are in leased space. Which means that we’ll have to see if the landlord’s master insurance policy covers damage caused by rioting or civil unrest. Then, see if the landlords choose to rebuild, because even if covered by insurance, they may choose not to rebuild. In which case, a small businessman such as this man will have no choice; he’ll have to relocate or close his business altogether.
Some neighborhoods in some places such as Detroit, remained wastelands decades after the riots of the ‘60s. We can’t take as a given that these businesses will come back.
Great job, Ferguson....you just burned your local economy to ashes forever.
I wouldn’t run a business there if it was given to me for free.
1. They hate white people
2. High crime
3. Scared police
4. Insurance companies may not offer coverage to protect investment
One of the untold stories of Ferguson is that, up until now, the Ferguson community took pride in being a racially mixed community.
Ferguson is about 2/3 black and about 1/3 white. And they took pride in being a diverse community.
After all of this, what will become of Ferguson? I can imagine that many of the 1/3 white minority have been making plans to move. And that no new white residents will move in. Or any decent black people for that matter.
In a few years, Ferguson will be 99% black, and they will be mostly ghetto black at that. The business community will be long gone. It will be a wasteland.
I’m hope to be wrong about such predictions. But, time will tell. Let’s see in five years what Ferguson looks like then. See how many businesses are still around and what the population patterns look like.
The reporter keeps carping on “also carrying insurance” as if that is some sort of reward that completely covers the cost of rebuilding, twice now. It doesn’t. Insurance very seldom makes a claimant whole after a loss. Then, there’s the loss of revenue while the business is closed, often for a lengthy period. Many small businesses cannot recover from the loss of revenue alone.
In a few years, we may hear complaints from the locals that businesses have abandoned their community.
Wonder why? [/s]
How many of those 40-some, per FoxNews, businesses that were vandalized or burned down will want to rebuild in that area?
The business property insurance rates for next year are going to be sky high, thanks to the vandals and protesters.
Ripple, anyone?
The protestors cried, ‘’No Justice, No Peace!’’ But where is the justice for the innocent people whose businesses were destroyed by mobs?
Mr. Yaacoob should put up a sign in the remains of his store: ‘’No Justice, No Meat!’’
I would not open or re-open a business there.
It is lost cause financially plus dangerous.
There were enough black locals in those mobs to stop the feral animals from looting and burning their own town if they had wanted to.
But they ignored the anarchy, preoccupied with their blind racist hatred, while their own kids burned out their neighbors stores and businesses.
Now they will be whining that somehow the hated white racists are responsible for the fact their town is a burned out husk and they have no local markets, stores, gas stations, etc.
Before you start feeling too sorry for these peps... you need to know if they have REALLY learned their lesson!
what are their feelings about Mike Brown?
are they still glad they voted for Obama?
how likely are they to vote Democratic in the future?
The other day Fox interviewed the woman whose bakery was looted. A campaign was started online to raise some money to help her rebuild. It was over 100k at the time of the interview. What bothered me was she had no visible contempt, outrage etc for the looters. When asked how she felt about a chair being thrown through her store window she mentioned asking looters not to attack her business. Granted, she probably doesn’t want retaliation, but still it bothered me that she wasn’t pissed off. Not even some blame at Obama who should be personally footing the bill to rebuild. It’s rewarding savage behavior.
As mean as it may sound, any business that re-opens in that area deserves anything they get after that. Only a fool would want to stay and try to do business in that area.