News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
It’s almost like the insurance industry is unsustainable in a world where catastrophe is the norm.
The real answer is that people should be able to afford to fix their house, even after a disaster.
The fact that anyone in the bottom 90% probably cant shows how expensive it is to just LIVE in this capitalist nightmare.
Its unfathomable to most to be able to own a new car from just saving money while working at a shitty job for a few months, but it was ~60 years ago.
Also modern mortgages only came along because of the "brilliant" minds during the 1970s who invented MBS and started the contemporary downfall of American housing.
Inflation is the tool of the top 0.1%, and it works by squeezing the bottom 99.9% slowly and meticulously over decades.
I agree with you in the notion that insurance is a scam, but seeing how US government is swayed by special interests, 0.1%ers and conglomerate corporations, I’m sure it would be a money hole like the military budget.
What? Are you suggesting they haven't paid out any claims previously?
Exactly. It won't be long before there will be very few places where insuring homes that aren't at risk of weather disasters due to climate change will be possible.
We need a law that returns part of their premiums when a company takes them and runs off.
I know this isn’t logical in the broken system. But it rings true on a human level.