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Ron DeSantis' Campaign Is in Deep Trouble
Newsweek ^
| 07/03/2023
| Ewan Power
Posted on 07/04/2023 3:16:12 PM PDT by entropy12
Having previously been touted as the GOP's next presidential hopeful, Florida Governor Ron DeSantis' White House bid has been floundering over the past few months, with even Republican figures casting doubt on the future of his campaign.
DeSantis's unfavorable rating among potential voters has been steadily rising since late March, when he recorded a split 39.3 percent favorable rating. This includes the time after he confirmed his 2024 bid in late May in an error-strewn Twitter Space online announcement.
(Excerpt) Read more at newsweek.com ...
TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: desanctus; desantis; donatedonaldtrump; donatetrump; georgia; pushaw; saakashvili; ukraine
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To: entropy12
He might be trying to get out of Dodge before the posse arrives.
*****July 3, 2023 | Sundance |
As if carrying Homeowners insurance in California and Florida wasn’t already subject to ridiculous increases in premiums, things are about to get a lot worse.
Effective with the July 1st notification, Reinsurance rates, these are companies who insure the insurance companies, are telling their clients there will be up to a 50% increase in cost for underwriting catastrophic coverage. Perhaps claims in the past few years have been higher; however, I suspect the issue amid the reinsurers is partly connected to the issue that surrounds banks and bond rates.
Back when interest rates were near zero, banks and reinsurers likely scooped up lots of Treasuries and bonds. As the Federal Reserve hikes rates those bonds have declined in value. When interest rates rise, newly issued bonds start paying higher returns to investors, which makes the older bonds with lower rates less attractive/valuable. The result is that most banks, and I suspect big reinsurance houses, have some amount of unrealized losses on their books.
Whatever the reason, the big reinsurance companies are now telling the insurance carriers their catastrophe rates are going up as high as 50%. Those insurance companies will then pass those rate hikes to the individual policy holders for commercial buildings, residential homes, cars, RV’s etc. Bottom line, homeowner insurance rates are about to go up again with policy renewals, especially in Florida and California.
LONDON, July 3 (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, with states such as California and Florida increasingly hit by wildfires and hurricanes.
Reinsurers insure insurance companies, and have been raising rates in recent years because of steepening losses, which industry players put down in part to the impact of climate change. Higher reinsurance rates can affect the premiums which insurers charge to their customers.
U.S. reinsurance rates for policies which previously faced claims for natural catastrophes rose 30-50%, Gallagher Re said.
Reinsurance rates for similar policies in Florida rose 30-40%, the broker added.
Some insurance firms have pulled out because of the risk of heavy losses. State Farm said in May it would stop selling new insurance policies to homeowners in California.
In Florida, “all the major carriers (insurers) left and so you ended up with this market which is populated by a large number of very small, very thinly capitalised insurers which is exactly what you don’t want,” James Vickers, chairman international, reinsurance, at Gallagher Re told Reuters. (keep reading)
In Florida specifically, homeowners insurance costs have now generally risen higher than the mortgage payment for a middle-class family. This is not sustainable.
Not Good !
61
posted on
07/04/2023 4:02:55 PM PDT
by
Bratch
To: tennmountainman
Just to prove, once again, that you are a LIAR, here is the Koch that donated to Trump in 2020:
Bridget Koch, wife of William Koch
Net worth: $1.5 billion
Source of wealth: Oil, investments
Contributions: $25,000
62
posted on
07/04/2023 4:03:08 PM PDT
by
Erik Latranyi
(This is the end of the Republic....because we could not keep it.)
To: Alberta's Child
“My impression is that a lot of people think highly of DeSantis until the first time they hear one of his campaign speeches.”
Sort of like Hillary. LOL !
63
posted on
07/04/2023 4:04:27 PM PDT
by
Reverend Wright
( Everything touched by progressives, dies !)
To: pacificus
64
posted on
07/04/2023 4:05:30 PM PDT
by
Reverend Wright
( Everything touched by progressives, dies !)
To: Archie Bunker on steroids
“The deep state is destroying someone who has a chance. “
A chance to do what ? Make the Swamp Great Again ?
65
posted on
07/04/2023 4:07:02 PM PDT
by
Reverend Wright
( Everything touched by progressives, dies !)
To: Preachin'
His establishment GOP donors can careless. They are not on the side of the people and now we know Ron D is not either.
To: Erik Latranyi
$25,000?
LOL.
Thats one night dining at expensive restaurant for a party of 8.
The remaining Koch brother donated $200 million to DeGlobalist PAC
Now that’s real money. Not Restaurant money for The Kocks.
To: Wuli
that’s what I think as well. In addition, they know people across the country will cheat at any cost to keep trump out of office.
To: tennmountainman; Erik Latranyi
This puffy little ass Hat is a troll.
Pay her no attention. She’s transitioning to a Karen.
69
posted on
07/04/2023 4:12:47 PM PDT
by
nesnah
(Infringe - act so as to limit or undermine [something]; encroach on)
To: Erik Latranyi
70
posted on
07/04/2023 4:13:22 PM PDT
by
Reverend Wright
( Everything touched by progressives, dies !)
To: entropy12
DeWamp has hedge fun support because of trade.
TPP, and at that fundraiser in CA he said the Trump tariffs were “not effective”.
71
posted on
07/04/2023 4:15:24 PM PDT
by
Reverend Wright
( Everything touched by progressives, dies !)
To: nwrep
“Ron has an ugly face and an ugly haircut. His wife is a beauty though. Happy Independence Day.”
DeSantis, for starters, needs to FIRE everyone of his ‘advisors’. He started this year as “Trump without the baggage”, but his ‘advisors’ have now turned him into Jeb 2.0, at least in the eyes of the Republican base (the people who want the Ukraine war to end).
72
posted on
07/04/2023 4:16:49 PM PDT
by
BobL
(Trump has all the right Enemies; DeSantis has all the wrong Friends)
To: entropy12
What? The establishment meat puppet is tanking? Maybe the Bushes or the Cheneys can campaign for him.
73
posted on
07/04/2023 4:17:38 PM PDT
by
wildcard_redneck
(Biden will mess up the Ukraine worse than Afghanistan.)
To: Reverend Wright
DeSwamp caved on the Ukraine war as soon as his neocon donors complained that he was too much like Trump. And this is the nature of DeSwamps hedge fund donors: “Hedge fund billionaire Ken Griffin slams Trump for Fed criticism” https://www.ft.com/content/7b035448-e75e-11e8-8a85-04b8afea6ea3Ken Griffin donated to Trump previously. Every one of you failed to show a single DeSantis donor that was not a past Trump donor.
Either Trump is a globalist (as you accuse DeSantis) or you are a filthy creepy LYING Trump cultist.
74
posted on
07/04/2023 4:17:46 PM PDT
by
Erik Latranyi
(This is the end of the Republic....because we could not keep it.)
To: pacificus
“But that’s Ted Cruz’s year.”
I doubt Ted can ever live down his trip to Mexico, when people were freezing to death in his state.
75
posted on
07/04/2023 4:17:55 PM PDT
by
BobL
(Trump has all the right Enemies; DeSantis has all the wrong Friends)
To: Reverend Wright
DeWamp has hedge fun support because of trade. TPPLook, another creepy Trump cultist is LYING again!
DeSantis NEVER supported TPP. That is a LIE.
But you do not think for yourself and research NOTHING. You are an empty vessel being used to attack anyone that dares oppose Lord Trump and his coronation.
76
posted on
07/04/2023 4:20:07 PM PDT
by
Erik Latranyi
(This is the end of the Republic....because we could not keep it.)
To: Archie Bunker on steroids
"The deep state is destroying someone who has a chance. All the trump supporters are doing their bidding." Sorry that Americans are refusing to fall for the same GOPe con again. Sucks to be you.
77
posted on
07/04/2023 4:20:17 PM PDT
by
wildcard_redneck
(Biden will mess up the Ukraine worse than Afghanistan.)
To: Wuli
Trump is not in legal trouble. He’s in the DOJ trap of the moment
78
posted on
07/04/2023 4:20:34 PM PDT
by
Nifster
( I see puppy dogs in the clouds )
To: usafa92
“It’s obvious Rob never really wanted to run...”
I agree, just the fact that he got flipped on Ukraine by his handlers in 72 hours tells me that national and international politics, and maybe even campaigning in general, simply bores him.
79
posted on
07/04/2023 4:21:14 PM PDT
by
BobL
(Trump has all the right Enemies; DeSantis has all the wrong Friends)
To: usafa92
“It’s obvious Rob never really wanted to run...”
I agree, just the fact that he got flipped on Ukraine by his handlers in 72 hours tells me that national and international politics, and maybe even campaigning in general, simply bores him.
80
posted on
07/04/2023 4:21:16 PM PDT
by
BobL
(Trump has all the right Enemies; DeSantis has all the wrong Friends)
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