Comment Re:TANSTAAFL (Score 3, Insightful) 171
Earthquake hits LA, does major damage. Oil and gas companies are taken to court in a class action lawsuit. (There's a lot of oil production here, especially around Long Beach.)
The case drags on for years, but eventually the companies have to settle, let's say for $10 billion. That sounds like a lot of money right? Except half of it goes to the lawyers. Then half of the rest is made as a tax deductible donation to the Red Cross for disaster relief. The remaining 2.5 billion is split amongst the approximately 18.5 million residents of greater Los Angeles. Which would come out to a little under $150 per person. And it's delivered in the form of coupons for 50% off your next 100 gallons of gas. That 2.5 billion will of course go into a fund until those coupons are redeemed, and i would be surprised if the companies responsible don't get to keep the interest on those funds until they're spent to reimburse the gas stations that redeem the coupons. And of course a lot of people will forget that they have the coupons and never get around to using them. And a lot of the people won't actually own a gasoline powered car and will have to try and sell the coupons, probably for less than market value.
(And then most likely the price of gas in LA will go up for "unknown reasons" until most of the coupons have been redeemed.)