Reply to Smash and grab crimes in DMV

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[quote=Anonymous][quote=Anonymous]What these trumpies don't realize us that insurance is basically free money for everyone.  So some BIPOC liberate goods from the capitalist system.  No big deal.  Just make a claim and the insurance fairy magically pulls the money from Scrooge McDuck's tower and so the insurance company never needs to raise rates or increase deductibles on other businesses to make up the loss.

Its definitely not the case that crime sprees cause insurance costs spike and retailers pass the cost through via price increases that are most difficult for the working poor to bear.  That's crazy talk you trumpies![/quote]

Right. And in this magical world what will eventually happen is that insurers will cease to insure urban businesses with too many claims. What happens next, Santa, you ask? Next, the businesses (and their jobs) flee the cities (see San Francisco). If you play out this progressive stupidity, you eventually get the collapse of the commercial real estate market (which would ricochet out - see 2008) because mortgages are predicated upon insurance!

The idea that it’s just a deserving person stealing a Louis Vuitton (one of life’s essentials as many on this board can attest) is the height of stupidity. [/quote]

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