California governor signs wildfire bill to pay victims

Posted by  $  nickursis 5 months ago to Government
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"The fund is only for future wildfire victims. Victims of the most recent wildfires — including the 2018 Northern California fire that destroyed most of the town of Paradise and killed 85 people — are not eligible for the money." So, then what is the purpose of looting 21 billion for....? The next one? Can't they take the lessons from the last one? So they leave the thousansds of people to fight in bankruptcy court or their insurance companies to get restitution? And "force" the utilities to spend 5 billion on improvements? Don't they already do that? This is just a 21 billion money grab no one will ever seen. Looting as a fine art. And the sheeple lap it up.
SOURCE URL: https://finance.yahoo.com/news/california-governor-signs-wildfire-bill-205014753.html?.tsrc=fauxdal


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  • Posted by  $  brightwriter 5 months ago
    Strict interpretation of the role of government will adhere to "Not Yours To Give" (see https://fee.org/resources/not-your-to... among other sources; it's public domain).

    But if the government is to be conscripted into acting as an agent for charitable contributions, based on imputed generosity (which I oppose; there's major evidence of abuse), then there is no excuse for not demanding conservation easements on all real estate that was damaged and for which the government helps out the owners or their insurers. That way, although each piece of ground in a flood or earthquake or fire zone can inspire one monetary rescue at great expense to the taxpayers, after the government has paid compensation the ground will forever after be immune from subsequent claims because nothing can be built on it that can later be damaged.

    Of course the Rich Liberals with their costly beachfront houses and their San Andreas Fault mansions will pretend not to understand this reasoning. I think we at the Gulch are smarter than that.
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  • Posted by term2 5 months ago
    I think california should spend, spend, spend, to speed up the process of bankruptcy. Give money to homeless, migrants, and others who dont work, forcing anyone who DOES work to leave the state while they can.
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  • Posted by  $  exceller 5 months ago
    "Up from the Ashes, a coalition of wildfire victims, praised the law. Patrick McCallum, the group's co-chairman who lost his home during a wildfire in 2017, said it puts more pressure on PG&E to settle the lawsuits against it "for adequate, full compensation."

    I fail to see how it puts pressure on PG&E.

    If anything, it takes pressure off of them.

    It looks like another politically motivated fund that will have rate players on the hook, not the utilities companies.

    Typical California solution by a typical lefty liberal governor.
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    • Posted by  $  5 months ago
      Exactly, all a bunch of noise, with no logic, no guarantees but give Kalifornia another 21 billion to steal from. Where will the money come from? Why are not the victims pressing Oldsome and the Utility to reimburse them fully NOW? This is Katrina all over again...They never learn.
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      • Posted by  $  exceller 5 months ago
        If this was not enough, they are back to the "brave transportation" idea again, this time for a pittance of $100 billion!

        The pervious governor totally failed in his "dream" high speed rail that he doggedly pushed, getting billions from the government only to pull it before he left. The new governor Newsom has no intention of paying it back despite president Trump's request: Of course, they can't pay it back, it is swallowed up by his new "idea" of providing illegal immigrants full health care coverage.

        Now they are escalating, ruin upon ruin, shooting for twice the cost the rail would have cost.

        https://www.marinij.com/2019/07/13/ma...
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        • Posted by  $  5 months ago
          Look beyond to the skimming. The deep state uses all these scams to skim money. Brown only wanted a paltry 25 billion that floated to 50, now Oldsem wants 100 billion (which they have 0 of) and it will float up to 200. Watch. Unless the people of Kalifornia revolt and take back their swamp and drain it, it will only get worse.
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