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Invisiblebudmanman
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Riots set record breaking damages so far to the account of 2 Billion Dollars
    #26941416 - 09/17/20 09:43 PM (3 years, 4 months ago)

"George Floyd Riots Caused Record-Setting $2 Billion in Damage, New Report Says. Here’s Why the True Cost Is Even Higher"

https://fee.org/articles/george-floyd-riots-caused-record-setting-2-billion-in-damage-new-report-says-here-s-why-the-true-cost-is-even-higher/


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Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal.

And I am mentally unstable.


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Onlinechristopera
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: budmanman] * 1
    #26941424 - 09/17/20 09:49 PM (3 years, 4 months ago)

I searched the article for "inflation", it does not appear.

What are they comparing their estimate to?

The FEE is a Libertarian think tank, aka. Republicans who want weed but have no plans for much of anything.


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Invisiblebudmanman
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: christopera] * 1
    #26941428 - 09/17/20 09:54 PM (3 years, 4 months ago)

DUde this image is literally in the article I shared,



I am going to get you your dunce cap now.


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Everything I have ever said is total bogus bs I am full of crud therefore everything I say should never be taken literal.

And I am mentally unstable.


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Onlinechristopera
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: budmanman] * 2
    #26941437 - 09/17/20 09:58 PM (3 years, 4 months ago)

DOOOOD. It's still dumb.

It's a dishonest number because it compares current costs to past costs without factoring inflation. The source is also biased.


--------------------
Enjoy the process of your search without succumbing to the pressure of the result.

A Dorito is pizza, change my mind.

Bank and Union with The Shroomery at the Zuul on The internet - now with %'s and things

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Invisiblepsi
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: christopera] * 1
    #26941482 - 09/17/20 10:28 PM (3 years, 4 months ago)

See the "2020 dollars" column.


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Invisiblelarry.fisherman
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: psi]
    #26941713 - 09/18/20 05:10 AM (3 years, 4 months ago)

I will say though that with increased inflation you get decreased buying power. The equivalent of 1 million 2020 dollars is going to have way more financial influence the further back you go so there is defintely a deceptive angle to purely calculating for inflation.


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OfflineBrian Jones
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: larry.fisherman]
    #26941752 - 09/18/20 05:47 AM (3 years, 4 months ago)

So if cops kill more people or less people, will we have more buying power?


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"The Rolling Stones will break up over Brian Jones' dead body"    John Lennon

I don't want no commies in my car. No Christians either.

The worst thing about corruption is that it works so well,


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Invisiblelarry.fisherman
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Brian Jones]
    #26941780 - 09/18/20 06:15 AM (3 years, 4 months ago)

Idk what you're getting at but I mean the convenience. The technology. Go back before cars were commonplace, there's a massive expense gone. Houses/land used to be cheaper. Heat, electricity, shit like new clothes and washing machines. All these little coveniences add up to the money being more worthless to us because owning things necessitates spending money and the more we need the less money we have. Even think about all the laws and expenditure that have been added to the services that would be used to repair and just generally deal with the damage in the first place in even the last 50 years. Wages, unions, insurance/liability, ciies are simply larger, building codes and zoning laws, ect. I would be very surprised to hear its not more expensive overall, now, than in the past. Factoring for inflation of course.


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InvisibleAsante
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: budmanman]
    #26941811 - 09/18/20 06:36 AM (3 years, 4 months ago)

Quote:

budmanman said:
"George Floyd Riots Caused Record-Setting $2 Billion in Damage, New Report Says. Here’s Why the True Cost Is Even Higher"







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OfflineBrian Jones
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: larry.fisherman] * 1
    #26941863 - 09/18/20 07:24 AM (3 years, 4 months ago)

Quote:

larry.fisherman said:
Idk what you're getting at but I mean the convenience. The technology. Go back before cars were commonplace, there's a massive expense gone. Houses/land used to be cheaper. Heat, electricity, shit like new clothes and washing machines. All these little coveniences add up to the money being more worthless to us because owning things necessitates spending money and the more we need the less money we have. Even think about all the laws and expenditure that have been added to the services that would be used to repair and just generally deal with the damage in the first place in even the last 50 years. Wages, unions, insurance/liability, ciies are simply larger, building codes and zoning laws, ect. I would be very surprised to hear its not more expensive overall, now, than in the past. Factoring for inflation of course.




What I'm getting at is cops killed the dude, then there were protests, some of which turned into riots, which caused economic damage. Then there was a lot of media attention. Then cops killed more dudes, which lead to more protests and riots, and more property damage.

Then this thread started relating that to inflation, which effects buying power. So I asked if cops kill more people or less people will I have more buying power.

I'm not saying there was zero sarcasm in my comment, but if inflation is involved here, then I want to know how it might effect us. In simplest terms, will more cops killing people, protests, riots, and property damage or less make my next trip to Wallmart more pleasurable for me.


--------------------
"The Rolling Stones will break up over Brian Jones' dead body"    John Lennon

I don't want no commies in my car. No Christians either.

The worst thing about corruption is that it works so well,


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OfflineBaby_Hitler
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Brian Jones] * 1
    #26941917 - 09/18/20 07:59 AM (3 years, 4 months ago)

Somebody's going to have to fix all the shit they broke.


Rioters are job creators. They're good for the economy.


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Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ
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Invisibletyrannicalrex
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Baby_Hitler]
    #26941976 - 09/18/20 08:28 AM (3 years, 4 months ago)

War is money. Greed is out of control (capitalists and corporatists making corps a human entity:scat:). Do any of you think that ALL of the businesses will be honest about loss?:rolleyes:


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InvisibleJokeshopbeard
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: budmanman]
    #26942071 - 09/18/20 09:16 AM (3 years, 4 months ago)

Quote:

budmanman said:,




"causing insured losses to the insurance industry"

Oh how sad. I weep, truly.


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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Jokeshopbeard] * 3
    #26942100 - 09/18/20 09:35 AM (3 years, 4 months ago)

Insurance companies just like receiving premiums and not paying out claims. The fact that they actually had to make some payments to their clients is just horrible. :lol:


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InvisibleBilly Ray
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Baby_Hitler]
    #26942112 - 09/18/20 09:46 AM (3 years, 4 months ago)

Quote:

Baby_Hitler said:
Somebody's going to have to fix all the shit they broke.


Rioters are job creators. They're good for the economy.



Who do you think is going to pay for their damage?


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InvisibleJokeshopbeard
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26942118 - 09/18/20 09:52 AM (3 years, 4 months ago)

Insurance companies.


--------------------
Let it be seen that you are nothing. And in knowing that you are nothing... there is nothing to lose, there is nothing to gain. What can happen to you? Something can happen to the body, but it will either heal or it won't. What's the big deal? Let life knock you to bits. Let life take you apart. Let life destroy you. It will only destroy what you are not.
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OfflineBaby_Hitler
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26942124 - 09/18/20 09:54 AM (3 years, 4 months ago)

Quote:

Billy Ray said:
Quote:

Baby_Hitler said:
Somebody's going to have to fix all the shit they broke.


Rioters are job creators. They're good for the economy.



Who do you think is going to pay for their damage?




Who pays when we go to war in another country? Every time we do, certain people are always glad to chime in and tell us how good war is for the economy.


--------------------
Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ
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Invisiblepsi
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Baby_Hitler]
    #26942131 - 09/18/20 09:58 AM (3 years, 4 months ago)

Yeah but those wars happen in other countries so it's a bit of a different scenario.


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InvisibleBilly Ray
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Jokeshopbeard]
    #26942132 - 09/18/20 09:58 AM (3 years, 4 months ago)

No.  They let their cities burn and then ask for federal money.  In this story they were rejected but so much damage has happened over the past few months, I'd bet taxpayers will be paying for the damage at some point.  https://www.nydailynews.com/news/national/ny-minnesota-george-floyd-relief-fema-20200711-yaunv5e3zna3datwb52ga66iqi-story.html


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InvisibleBilly Ray
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Baby_Hitler]
    #26942135 - 09/18/20 10:00 AM (3 years, 4 months ago)

Quote:

Baby_Hitler said:
Quote:

Billy Ray said:
Quote:

Baby_Hitler said:
Somebody's going to have to fix all the shit they broke.


Rioters are job creators. They're good for the economy.



Who do you think is going to pay for their damage?




Who pays when we go to war in another country? Every time we do, certain people are always glad to chime in and tell us how good war is for the economy.



Thankfully Trump is president and isn't getting us into any wars and he's bringing troops home.


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OfflineBaby_Hitler
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: psi]
    #26942136 - 09/18/20 10:00 AM (3 years, 4 months ago)

Quote:

psi said:
Yeah but those wars happen in other countries so it's a bit of a different scenario.




Same people also tell us how much better off those countries are because of the war we had in them, so it's double plus good!


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Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ
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InvisibleAsante
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: psi]
    #26942142 - 09/18/20 10:03 AM (3 years, 4 months ago)

Quote:

psi said:
Yeah but those wars happen in other countries so it's a bit of a different scenario.





Its a lot more cost effective to wage war at home than at the other side of the world. Easier with logistics too.


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OnlineIce9
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Baby_Hitler]
    #26942145 - 09/18/20 10:04 AM (3 years, 4 months ago)

I say break more shit, that 1-2B figure, pales in comparison to the untold trillions earned off black labor, black artists, and just black people in general.


--------------------
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. -- George Brenard Shaw


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InvisibleJokeshopbeard
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26942147 - 09/18/20 10:06 AM (3 years, 4 months ago)

Quote:

Billy Ray said:
No.  They let their cities burn and then ask for federal money. 



So there's no insurance money being paid out then?

Your 'No' seems to suggest that you know something I do not.


--------------------
Let it be seen that you are nothing. And in knowing that you are nothing... there is nothing to lose, there is nothing to gain. What can happen to you? Something can happen to the body, but it will either heal or it won't. What's the big deal? Let life knock you to bits. Let life take you apart. Let life destroy you. It will only destroy what you are not.
--Jac O'keeffe


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InvisibleAsante
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Jokeshopbeard]
    #26942148 - 09/18/20 10:09 AM (3 years, 4 months ago)

Still less damage $$ than when a US bomber drops its payload over a middle eastern city.


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InvisibleBilly Ray
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Jokeshopbeard]
    #26942150 - 09/18/20 10:09 AM (3 years, 4 months ago)

I just showed you that they want federal money.


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InvisibleBilly Ray
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Ice9] * 1
    #26942158 - 09/18/20 10:13 AM (3 years, 4 months ago)

Quote:

Ice9 said:
I say break more shit, that 1-2B figure, pales in comparison to the untold trillions earned off black labor, black artists, and just black people in general.



How pc of you.  I'd bet you don't live in any of these areas. 


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OnlineIce9
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26942167 - 09/18/20 10:20 AM (3 years, 4 months ago)

There was rioting where I lived, stores where looted, and a mall was invaded.  Lots of other shit happened.  So, wrong assumption mate.


--------------------
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InvisibleBilly Ray
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Ice9]
    #26942174 - 09/18/20 10:24 AM (3 years, 4 months ago)

You should let the store owners know that their losses pale in comparison to the trillions earned off the back of black people.


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OfflineBaby_Hitler
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26942182 - 09/18/20 10:29 AM (3 years, 4 months ago)

Look at all those broken eggs. That's gonna be one hella good omelette.


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Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ Ƹ̵̡Ӝ̵̨̄Ʒ
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Asante]
    #26942190 - 09/18/20 10:31 AM (3 years, 4 months ago)

Quote:

Asante said:
Quote:

psi said:
Yeah but those wars happen in other countries so it's a bit of a different scenario.





Its a lot more cost effective to wage war at home than at the other side of the world. Easier with logistics too.



Sure, but then it's your own infrastructure at home getting destroyed. WWII was the biggest thing that established the US's current economic dominance. They were the only major player who didn't have to fight the war at home (other than Pearl Harbor), and the fact that the domestic infrastructure of the mainland US was untouched would have been a key factor in that rise in the country's economic standing relative to countries that fought the war on their home turf. Not that Germany and Japan etc didn't have a rebound boom too, but they didn't have the US's edge of not having to rebuild at home.


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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26942191 - 09/18/20 10:32 AM (3 years, 4 months ago)

Quote:

Billy Ray said:
You should let the store owners know that their losses pale in comparison to the trillions earned off the back of black people.




I have.


--------------------
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OnlineIce9
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Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: psi] * 1
    #26942195 - 09/18/20 10:35 AM (3 years, 4 months ago)

Quote:

psi said:
Quote:

Asante said:
Quote:

psi said:
Yeah but those wars happen in other countries so it's a bit of a different scenario.





Its a lot more cost effective to wage war at home than at the other side of the world. Easier with logistics too.



Sure, but then it's your own infrastructure at home getting destroyed. WWII was the biggest thing that established the US's current economic dominance. They were the only major player who didn't have to fight the war at home (other than Pearl Harbor), and the fact that the domestic infrastructure of the mainland US was untouched would have been a key factor in that rise in the country's economic standing relative to countries that fought the war on their home turf. Not that Germany and Japan etc didn't have a rebound boom too, but they didn't have the US's edge of not having to rebuild at home.




This. This right here is why the US 50's was considered a "Golden Age" and people made livable wages for a single worker to support a family.  We were the only 1st world nation left with fully intact infrastructure, so we were the "World's Supply Store"


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The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. -- George Brenard Shaw


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InvisibleBilly Ray
Stranger
Registered: 11/19/19
Posts: 754
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Ice9]
    #26942197 - 09/18/20 10:36 AM (3 years, 4 months ago)

Quote:

Ice9 said:
Quote:

Billy Ray said:
You should let the store owners know that their losses pale in comparison to the trillions earned off the back of black people.




I have.



I’m sure that put things in perspective for them.


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OnlineIce9
3X Ban Lotto Champion
I'm a teapot User Gallery


Registered: 03/20/14
Posts: 11,232
Loc: daterapeville,USA
Last seen: 9 minutes, 9 seconds
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26942208 - 09/18/20 10:43 AM (3 years, 4 months ago)

While I was helping them sweep up the sidewalks, they didn't necessarily like my opinion, but they most actually understood where the anger and frustration came from and sympathized.  They also replied insurance would pay for everything except the plate glass. They were still far more concerned with loss of business due to covid-19 than riots.


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The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. -- George Brenard Shaw


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Offlineqman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 1 day, 9 hours
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26942301 - 09/18/20 11:42 AM (3 years, 4 months ago)

Quote:

Billy Ray said:
No.  They let their cities burn and then ask for federal money.  In this story they were rejected but so much damage has happened over the past few months, I'd bet taxpayers will be paying for the damage at some point.  https://www.nydailynews.com/news/national/ny-minnesota-george-floyd-relief-fema-20200711-yaunv5e3zna3datwb52ga66iqi-story.html




I guess we're going to have to cut the pensions and defund the police now.  :awedance:


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Invisibletyrannicalrex
Strange R
Male User Gallery


Registered: 04/24/03
Posts: 38,323
Loc: subtropics
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: qman]
    #26942355 - 09/18/20 12:27 PM (3 years, 4 months ago)

I have a feeling this billy ray person is that one really racist and vocal poster that got a permaban, hmm...XUL!


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InvisibleDistorted Vision
The best. Of the worst.
Male


Registered: 07/30/09
Posts: 4,292
Loc: Indiana Flag
Re: Riots set record breaking damages so far to the account of 2 Billion Dollars [Re: Billy Ray]
    #26945444 - 09/20/20 02:29 AM (3 years, 4 months ago)

Quote:

Billy Ray said:
Quote:

Baby_Hitler said:
Quote:

Billy Ray said:
Quote:

Baby_Hitler said:
Somebody's going to have to fix all the shit they broke.


Rioters are job creators. They're good for the economy.



Who do you think is going to pay for their damage?




Who pays when we go to war in another country? Every time we do, certain people are always glad to chime in and tell us how good war is for the economy.



Thankfully Trump is president and isn't getting us into any wars and he's bringing troops home.




That was half true the first half of his term. He was bringing troops home. Getting us into war though? That's debate-able.


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"Yo yo just here to spread my clit and show ya'll what a wonderful and free being we are all inside lets take the acid and turn inside into the outside come on over baby lets smell the roses ohh ohh come on we're about to get lit show my undies to your baby I'll hug it down three times go around frown come on we aint a nice clown kiss me upside down down down come on sorry if you cant handle my wokeness come on lets take her panties off write shroomery on my asshole and taste it lick it make if feel like we was 1978 come on baby lets do the locamotion"-Twig dude


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