Baltimore bridge collapse - mass casualties

[F1fan]

Baltimore bridge collapse could lead to record insurance loss, says Lloyd’s boss

Bruce Carnegie-Brown says disaster could cost billions and result in largest single marine insurance loss ever

www.theguardian.com

I was not wrong

Let’s not forget that insurance companies are very good at making money, which means when they make big payouts it’s followed by increased premiums. Here is where the real trickle down economics happen.

 

[PureX]

Let’s not forget that insurance companies are very good at making money, which means when they make big payouts it’s followed by increased premiums. Here is where the real trickle down economics happen.

Lots of lawyers are gonna get rich off this, that's for sure. And in the end, it'll be the public will pay for it all, as they always do.

 

[Clizby Wampuscat]

Believed you until I saw the source.

Why does the source matter, did he say the quote I posted or not?

 

[Clizby Wampuscat]

Could be an “act of God” malfunction that is covered by insurance.

Of course there will be pushback on why there wasn’t better protection for the piers given the many ships that pass by it.

I am sure there will be all sorts of litigation. That would be a losing defense in my opinion.

 

[F1fan]

Why does the source matter,

Low quality sources are junk and can't be trusted. There are reputable sources available, yet you don't seem to use them.

I am sure there will be all sorts of litigation. That would be a losing defense in my opinion.

What, that there was some problem that caused the engine to fail? That is what insurance is for, covering "act of God" events.

 

[Clizby Wampuscat]

Low quality sources are junk and can't be trusted. There are reputable sources available, yet you don't seem to use them.


What, that there was some problem that caused the engine to fail? That is what insurance is for, covering "act of God" events.

So they made up a quote? I know you think MSNBC is reliable so:

Biden says Baltimore bridge rebuild should be paid for by the federal government after collapse

The president, who is headed to North Carolina on Tuesday, said he plans to visit Baltimore as “quickly” as he can.

www.nbcnews.com

 

[Shadow Wolf]

I must confess that, after that bridge collapse of I-35 in Minnesota several years ago, I have developed a somewhat irrational fear of crossing bridges. The clinical term for it is "Gephyrophobia," a fear of bridges and tunnels, although I don't seem to have a problem with tunnels.

Given the state of bridges in America I would say a degree of fear is reasonable.

 

[Revoltingest]

Let’s not forget that insurance companies are very good at making money, which means when they make big payouts it’s followed by increased premiums. Here is where the real trickle down economics happen.

Accidents are data.
Rates are based upon the cost of risks.
These costs are based upon data.
This is good.
Insurance rates encourage behavior
to lower one's risks.

 

[libre]

It is very horrifying when we are forced to recognize that we can make no mistakes and still lose.

 

[F1fan]

So they made up a quote? I know you think MSNBC is reliable so:

Biden says Baltimore bridge rebuild should be paid for by the federal government after collapse

The president, who is headed to North Carolina on Tuesday, said he plans to visit Baltimore as “quickly” as he can.

www.nbcnews.com

You cited a poor quality source. You've done it before. That tarnishes your reputation. If you don't want to be taken seriously keep it up.

To correct the headline, Biden said the government WILL pay for the bridge. Even republicans should agree how that bridge being removed is crucial to the economy.

 

[Clizby Wampuscat]

You cited a poor quality source. You've done it before. That tarnishes your reputation. If you don't want to be taken seriously keep it up.

To correct the headline, Biden said the government WILL pay for the bridge. Even republicans should agree how that bridge being removed is crucial to the economy.

I never said we should not pay for it to get it constructed. I was making the comment that he never said we will go after other people to reimburse us. Dismissing a claim due to its source is a logical fallacy. It was a correct quote.

 

[Laniakea]

Given the state of bridges in America I would say a degree of fear is reasonable.

Even after biden spent more than a trillion of our dollars on "infrastructure"?

 

[esmith]

On the lighter note:
Wonder when they rebuild the bridge they install railroad tracks for Biden?

Biden says he traveled 'many times' over vehicle-only Francis Scott Key Bridge while commuting by train or car

President Biden claimed he had traveled over the Francis Scott Key Bridge “many many times" by car or train, despite the structure not having any railway lines.

www.yahoo.com

 

[Revoltingest]

Ship hits bridge.
Somehow, it's all about Biden.

 

[F1fan]

I never said we should not pay for it to get it constructed.

I didn't say you did, the headline did, yet it didn't match Biden's actual comments.

I was making the comment that he never said we will go after other people to reimburse us.

I'm sure any insurance will be applied to the costs of the work.

Dismissing a claim due to its source is a logical fallacy. It was a correct quote.

I dismissed your source as unreliable. I don't care if it gets things right sometimes, the source is bad, and you have reliable sources available.

 

[Clizby Wampuscat]

I didn't say you did, the headline did, yet it didn't match Biden's actual comments.

So nbc news is an unreliable source?

 

[esmith]

Ship hits bridge.
Somehow, it's all about Biden.

Note: Tounge in cheek post.

 

[Laniakea]

Ship hits bridge.
Somehow, it's all about Biden.

He's the one who had to insert himself into it with another one of his lies, thereby drawing attention to himself.

 

[Revoltingest]

Note: Tounge in cheek post.

So many Biden posts.

 

[Revoltingest]

He's the one who had to insert himself into it with another one of his lies, thereby drawing attention to himself.

A commitment to spend federal
money could very well be sincere.