I’m sure a bunch of executives are going to get their paychecks and bonuses. The money is there.
If the choice is between State farm continuing to exist and people getting the insurance they paid for, then that’s not a very complicated decision.
If the share price drops to zero, That’s just capitalism. State farm is not needed. If it can’t draw a proper line in an actuarial table, then State farm legitimately serves no purpose.
If the government’s going to bail somebody out it should be real human people and probably should be conditioned on leaving the threatened areas.
It turns out a great deal of the places we’ve built cities and towns are just not acceptable locations to build cities and towns. Maybe they were but then we gave all the water to 2 billionaires and let oil companies burn the planet down. Now those aren’t good places to live. Now those people need to move. The government can help some of them, but it must be conditioned upon moving.
We don’t want another one of these flood insurance situations where we’re rebuilding multimillion dollar mansions every other year because these people feel entitled to not move.
Haha not like there’s a history of the government bailing out corporations instead of helping people. /s
They have a commercial during every single commercial break of every single football game. I’m sure there’s ways to cut some costs
