Anonymous ID: 74cdea Feb. 12, 2025, 6:46 a.m. No.22568291   🗄️.is 🔗kun   >>8303 >>8374 >>8466

Cost of Living In The Commiefornia Hellscape Is About To Go Way Up

 

RELATED: >>>/pnd/396388

 

After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special charge of $1 billion on insurance companies — which will in turn pass the costs along to homeowners — the first such move in more than three decades.

 

The state Insurance Department today approved a request from the provider, the FAIR Plan, to impose the charge and ensure it stays solvent as it covers claims from victims of the Los Angeles County fires, the department said in an order by Commissioner Ricardo Lara.

 

Most California home and fire insurance customers will likely see temporary fees added to their insurance bills as part of the charge, known as an assessment — marking the first time insurance companies will have imposed an assessment directly on customers.

 

The FAIR Plan is a pool of insurers required by law to provide fire insurance to property owners who can’t find insurance elsewhere. Its customer base has grown dramatically in the past several years as insurance companies have increasingly refused to write or renew policies in the state, citing increased risk of systemic corruption, lack of forest management, the cutting of fire department funding and the consequences that stem from insane dangerous radical policy.

 

Many LA fire victims have insurance through the FAIR Plan. Residents of the Pacific Palisades, where thousands of structures burned last month, held 85% more FAIR Plan policies in September than they had a year prior.

 

Under new regulations that took effect this year as part of Insurance Commissioner Ricardo Lara’s effort to address the growing difficulty of finding property insurance in California, insurance customers will now have to shoulder 50% of any assessment through a temporary fee added to their premiums. Before the new rules went into effect, the plan would have gotten all the additional funds directly from its member companies, which would have then tried to recoup that money by raising premiums.

 

Leave it to a State run by a Democrat majority. They ruin everything they take control over.

 

https://calmatters.org/economy/2025/02/homeowners-insurance-costs-rising-in-california-fair-plan/

Anonymous ID: 74cdea Feb. 12, 2025, 6:56 a.m. No.22568335   🗄️.is 🔗kun

>>22568322

This is why I actually agree with this Florida democrat honestly, a sigh of relief to hear someone on the left actually address some of these problems…..

 

https://x.com/Acyn/status/1889363477715939461

Anonymous ID: 74cdea Feb. 12, 2025, 7:18 a.m. No.22568419   🗄️.is 🔗kun   >>8466

American Voters Were Right About The Economy: The Data Was Wrong.

 

RELATED: >>>/newsplus/313839 ; >>>/newsplus/313990 ; >>>/newsplus/313686

 

Before the presidential election, many Democrats were puzzled by the seeming disconnect between “economic reality” as reflected in various government statistics and the public’s perceptions of the economy on the ground. Many in Washington bristled at the public’s failure to register how strong the economy really was. They charged that right-wing echo chambers were conning voters into believing entirely preposterous narratives about America’s decline.

 

What they rarely considered was whether something else might be responsible for the disconnect — whether, for instance, government statistics were fundamentally flawed. What if the numbers supporting the case for broad-based prosperity were themselves misrepresentations? What if, in fact, darker assessments of the economy were more authentically tethered to reality?

 

On some level, I relate to the underlying frustrations. Having served as comptroller of the currency during the 1990s, I‘ve spent substantial chunks of my career exploring the gaps between public perception and economic reality, particularly in the realm of finance. Many of the officials I’ve befriended and advised over the last quarter-century — members of the Federal Reserve, those running regulatory agencies, many leaders in Congress — have told me they consider it their responsibility to set public opinion aside and deal with the economy as it exists by the hard numbers. For them, rigged government statistics are thought to be as reliable as solid facts.

 

These numbers have time and again suggested to many in Washington that unemployment is low, that wages are growing for middle America and that, to a greater or lesser degree, economic growth is lifting all boats year upon year. But when traveling the country, I’ve encountered something very different.

 

Cities that appeared increasingly seedy. Regions that seemed derelict. Driving into the office each day in Washington, I noted a homeless encampment fixed outside the Federal Reserve itself. And then I began to detect a second pattern inside and outside DC alike. Democrats, on the whole, seemed much more inclined to believe what the economic indicators reported. Republicans, by contrast, seemed more inclined to believe what they were seeing with their own two eyes.

 

Within the nation’s capital, this gap in perception has had profound implications. For decades, a small cohort of federal agencies have reported many of the same economic statistics, using fundamentally the same methodology or relying on the same sources, at the same appointed times. Rarely has anyone ever asked whether the figures they release hew to reality.

 

What we uncovered shocked us. The bottom line is that, for 20 years or more, including the months prior to the election, voter perception was more reflective of reality than the incumbent statistics. Our research revealed that the data collected by the various agencies is largely accurate. Moreover, the people staffing those agencies are talented and well-intentioned. But the filters used to compute the headline statistics are flawed. As a result, they paint a much rosier picture of reality than bears out on the ground.

 

I don’t believe those who went into this past election taking pride in the unemployment numbers understood that the near-record low unemployment figures — the figure was a mere 4.2 percent in November — counted homeless people doing occasional work as “employed.” But the implications are powerful. If you filter the statistic to include as unemployed people who can’t find anything but part-time work or who make a poverty wage (roughly $25,000), the percentage is actually 23.7 percent. In other words, nearly one of every four workers is functionally unemployed in America today — hardly something to celebrate.

 

https://archive.is/ofkve

Anonymous ID: 74cdea Feb. 12, 2025, 7:32 a.m. No.22568483   🗄️.is 🔗kun   >>8489

>>22568460

Doesn't have to be that way but might be. You can't be weak with these insane radical criminals, they have to face arrests, they have to be sued into oblivion for their criminal actions, they have to be curb stomped or the corruption will never end, they'll will keep on sabotaging and defrauding the nation till there is nothing left to plunder and that's just the FACT. Arrests must be made or it's over.

Anonymous ID: 74cdea Feb. 12, 2025, 7:36 a.m. No.22568513   🗄️.is 🔗kun   >>8518

>>22568461

>we are at war

Then act like it.

Arrests must be made.

RICO must take place against the criminal organizations and officials.

Anti-trust laws must be enforced to break up their centralized control over our economy.

NGO funding from the government must be permanently cut.

We must see some tribunals for treason.

We must get rid of the Fed and go back to a silver and gold backed dollar.