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Comment by MikePlacid

> Insurance isn't mentioned at all in the article.

Yep. I am paying about $2000 a year for fire insurance for my summer home in Sierra Nevada. They promise to pay $350k estimated as the price to rebuild. Three major fires were nearby this year, about a 100 homes burned in the county. But thousands of (presumably) insured homes, including mine, survived. The deal looks pretty good for the insurance company.

I am also paying California and federal taxes. This girl talks about federal money as coming from nowhere. But they are not from nowhere, they are from my pocket. If they are that scarce, I would rather spend them on rebuilding California towns, than say Ukrainian ones.

parent MikePlacid 4 years ago

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