Skip to comments.Minneapolis Restaurant Owners Encouraged Violence... Including Against Their Own Business
Posted on 05/31/2020 7:47:00 AM PDT by rktman
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Wait till he finds his insurance doesnt consider riot, insurrection and domestic disturbances.
Usually a business has to pay a lot extra for that coverage as a rider, and I doubt that he did.
...Usually a business has to pay a lot extra for that coverage as a rider, and I doubt that he did.
Perhaps he did...and perhaps he had it combined with replacement cost coverage. That would certainly explain his attitude.
If the policy contained coverage now, this incident caused higher risks and now higher rates. Higher rates, higher prices, less business....
There are consequences.
He comes from a sh##hole that does this weekkly
If I was an insurance actuary, I would not offer that coverage to any "inner city" business at any price, precisely because of "moral hazard" risk, where the owner of a marginal business encourages rioters to torch his business.
They should be barred federal aid and insurance money
Screw these bailouts
More radical immigrants and their progeny
What a huge mistake to re elect Lyndon Johnson and pass the Fn Immigration Act
None of this is unprecedented. If you go back to the 1992 Rodney King riots, the imbeciles did the same dumbass things. They pretty much leveled East LA (were not allowed to call it that anymore. It’s now *South Los Angeles*).
Maxi Waters pitched in to help, probably the first time she had ever been in her own district. The four time winner of Most Corrupt Member of Congress showed up to offer water, aid and comfort, not to the police or other emergency service workers. Nope, our low IQ Maxi was there to support the rioters.
There was a price to be paid for mob stupidity. Many essential businesses, eg grocery stores, pharmacies, big boxes, etc never rebuilt. If you want to open a business, good luck getting insurance.
I don’t know if there has been any progress towards recovery since. The city has tried incentive programs, as I recall.
But, it’s already close to impossible to start a business in California anyway, why pick a stupid location?
As a Jew, I find this incredibly insulting.
It is no accident that imported Third Worlders have businesses in the impacted areas; normal Americans don’t go there anymore, and we traffick foreigners there to keep the lights on and prepare the fast food for our own permanent underclass.
That coverage isn’t expensive, though few buy it. They were probably going broke anyway. They are counting on govt rebuild money.
He’ll set up a GoFundMe account and make a fortune off like-minded fools.
I am thinking he sucked at running his business and wanted out. But as many have said, many insurance policies exclude war, riots, and insurrection.
Hope the dipstick got what he deserved, instead of what he wanted.
That, or it’s not their building and they have leased equipment.
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