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Comment Re:There is a little more to it ... (Score 1) 226

We already socialize the expense of homeowner's insurance via Citizen's insurance and its ability to levy a surcharge on every single property owner in the state. Might as well just fucking pool the entire risk pool and have people pay in. We're losing larger companies left and right, and the small ones preventing progress / bribing the legislature are being driven into bankruptcy. God forbid the supermajority government do something a bout it!

Before last Thanksgiving I had the option to essentially halve the cost of my HO insurance on a new building code condo (~1400 -> 600-700) and then Ian hit. Those offers all went up in smoke because Allstate left. My existing state farm went up 400 bucks and I count myself lucky. I know single property homeowners who are seeing 500% increase in cost.

Comment Yes it makes sense to maintain the federal cap (Score 4, Insightful) 49

Every time the banks try to come up with a workaround or the government relaxes / removes barriers, the banking system crashes. For the love of god, please stop removing safeguards that have worked for 80+ years when we know removing those barriers caused, in part, the 2009 recession and this SV / regional bank meltdown.

I wouldn't have expected this kind of trash from the economist.

Comment What on god's green earth ... (Score 1) 207

I don't recall anything so grandiose coming from smart TVs. I have heard a lot of claptrap about cloud gaming, VR platforms and similar undertakings. Of those only cloud gaming has really come close to hitting the mark. Biggest issue for streaming boxes is the balkanization of unified content (RIP golden years of netflix), not the fact a TV with no room for hardware improvement and limited software updates would be a bottleneck. People have been screaming about that for years

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