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FEMA says it may bill fire victims if it can’t get $4B from PG&E

24 points by SQL2219 7y ago

i_am_proteus 7y ago
> FEMA told The Chronicle that it is compelled to seek compensation from PG&E. Otherwise, individual victims would be on the hook if they get settlement money that duplicates funds already paid by the federal government, according to Bob Fenton, the agency’s regional administrator. Seems reasonable.
- java-man 7y ago
  We really could have used those 4 trillion dollars we spent on the last two wars...
  - Bjartr 7y ago
    A) How'd we jump from billions to trillions? B) Is that an argument against not double paying these people? C) Are you being sarcastic or do you really believe we should be increasing military spending? Poe's Law is rearing its ugly head. D) If you're not being sarcastic, why do you think we should increase military spending?
    - gravy 7y ago
      A) https://watson.brown.edu/costsofwar/files/cow/imce/papers/2018/Crawford_Costs%20of%20War%20Estimates%20Through%20FY2019.pdf https://watson.brown.edu/costsofwar/files/cow/imce/papers/20... B) I think you misunderstood the comment. C, D) See B)
    - anm89 7y ago
      It's a totally valid point. Our current finances are the result of past financial decisions. Despitr the magic money machine narratives that are so popular today we cannot just make unlimited more money when we need it without sever condequences. So spending vast sums in the past affects our ability to help us citizens in need today.
    - austhrow743 7y ago
      Commenter doesn't want to give this $4 billion to the military. Commenter wishes the $4 trillion used to fight wars was not used for that and instead at least $4 billion of it was given to FEMA.
altoidaltoid 7y ago
Privatize profits, socialize costs
- zbyte64 7y ago
  You are being downvoted and yet the new PG&E CEO is to get twice the pay: https://www.bizjournals.com/sanfrancisco/news/2019/04/16/new-pge-ceo-salary-double-geisha-williams.html https://www.bizjournals.com/sanfrancisco/news/2019/04/16/new...
olliej 7y ago
Interesting, so it sounds like FEMA believes bankruptcy doesn’t prevent debt from being recovered, it just means you target the other creditors? I didn’t realize that was an option?

24 points by SQL2219 7y ago

> FEMA told The Chronicle that it is compelled to seek compensation from PG&E. Otherwise, individual victims would be on the hook if they get settlement money that duplicates funds already paid by the federal government, according to Bob Fenton, the agency’s regional administrator. Seems reasonable.

java-man 7y ago
We really could have used those 4 trillion dollars we spent on the last two wars...
- Bjartr 7y ago
  A) How'd we jump from billions to trillions? B) Is that an argument against not double paying these people? C) Are you being sarcastic or do you really believe we should be increasing military spending? Poe's Law is rearing its ugly head. D) If you're not being sarcastic, why do you think we should increase military spending?
  - gravy 7y ago
    A) https://watson.brown.edu/costsofwar/files/cow/imce/papers/2018/Crawford_Costs%20of%20War%20Estimates%20Through%20FY2019.pdf https://watson.brown.edu/costsofwar/files/cow/imce/papers/20... B) I think you misunderstood the comment. C, D) See B)
  - anm89 7y ago
    It's a totally valid point. Our current finances are the result of past financial decisions. Despitr the magic money machine narratives that are so popular today we cannot just make unlimited more money when we need it without sever condequences. So spending vast sums in the past affects our ability to help us citizens in need today.
  - austhrow743 7y ago
    Commenter doesn't want to give this $4 billion to the military. Commenter wishes the $4 trillion used to fight wars was not used for that and instead at least $4 billion of it was given to FEMA.

altoidaltoid 7y ago

Privatize profits, socialize costs

zbyte64 7y ago
You are being downvoted and yet the new PG&E CEO is to get twice the pay: https://www.bizjournals.com/sanfrancisco/news/2019/04/16/new-pge-ceo-salary-double-geisha-williams.html https://www.bizjournals.com/sanfrancisco/news/2019/04/16/new...

olliej 7y ago

Interesting, so it sounds like FEMA believes bankruptcy doesn’t prevent debt from being recovered, it just means you target the other creditors? I didn’t realize that was an option?