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William Warren
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Comments by "William Warren" (@wbwarren57) on "Thom Hartmann Program" channel.
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Question: My understanding is that a lot of the insurance companies in Florida are refusing now to provide flood insurance, or are raising their rates to the point that people can’t afford it. If someone with a mortgage goes “naked“ without flood insurance in Florida, or hurricane insurance in Florida, how can it be legal for the banks to continue to let them have their mortgage? it seems like the banks would be taking on huge amounts of extra risk if they continue to let people have mortgages, even if they go “naked“? If a “naked “homeowner loses their house to a hurricane, and does not have the money to rebuild it, won’t the banks lose all of their mortgage money?
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Sorry, but the bad logic here is all yours. Making an assumption that Trump‘s strategies are based on logic is completely illogical! Certainly logic has never stopped him in the past.
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With the July 1 ruling of the Supreme Court, all those words on paper that supposedly give people rights in this country no longer means anything. That is the essence of being a Nager, the laws don’t really apply to you or give you any power. With the supreme courts, July 1 ruling, we are all knickers now in America! Good luck! Lights like you will be going out! God help all of us!
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You are right. Trump is planning to crash the economy in a fairly narrow schedule so that his billionaire friends can be appropriately positioned with the stock market to make a lot of money instead of losing it. The billionaires will then use the money they make to buy other firms they’re competitors at bargain basement prices because the stock market has gone down without any fear that the department of justice will raise issues having to do with monopolies. In 2026 Trump will end his tariffs and other measures of crashing the economy so the economy comes back sufficiently for the Republicans to claim credit and get swept into office yet yet again again.
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