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It doesn’t, libertarians will still tell you the same thing. Don’t take from me iff you don’t give to me. On the contrary, it seems like the authors of this art
by alphanullmeric 4y ago
It doesn’t, libertarians will still tell you the same thing. Don’t take from me iff you don’t give to me. On the contrary, it seems like the authors of this article would like people forced to pay for insurance to not be compensated by them.
- dsfyu404ed 4y agoAsking for deregulation when it suits you and government intervention when it suits you is like the right leaning version of the over-policed upper middle class suburb that's dotted with "defund the police" yard signs. The people trying to play both sides as it suits them are just selfish and unprincipled and in both cases the movement they profess to support would be better off without them. At some point a line has to be drawn. If you advocate for X or Y you cannot in good faith claim to be a member of political movement Z.
- scarface74 4y agoOr the “Back the Blue, we are a nation of laws”. But “defund the FBI and the IRS”
- alphanullmeric 4y agoYou’ve already forced me to pay for insurance. Is it me that’s the hypocrite for wanting to be compensated?
- ceejayoz 4y agoYou’re asking for the insurance coverage to exceed what you paid for. If you insure a Bugatti Veyron with a policy that maxes out at $50k, that’s not the insurer’s fault.
- alphanullmeric 4y agoI’m not asking for that. Some people are and I don’t support it.
- frankreyes 4y agoThere's no option to chose for better insurance otherwise I'd already have taken. The next best thing that's available is pulling out the money before everything goes wrong. Making better choices is the best insurance.
- ceejayoz 4y ago> There's no option to chose for better insurance otherwise I'd already have taken. Sure there is. Pick a bank that offers more. https://www.difxs.com/ https://www.difxs.com/ "The DIF is a private, industry-sponsored insurance fund that insures all deposits above Federal Deposit Insurance Corporation (FDIC) limits at our member banks." https://www.bankrate.com/banking/savings/ways-to-insure-excess-deposits/#other https://www.bankrate.com/banking/savings/ways-to-insure-exce... "Wintrust Financial has a business model that works well for excess deposit coverage. The company owns 15 separately chartered community banks in the greater Chicago area and Wisconsin. It offers the MaxSafe account, which allows an individual to insure up to $3.75 million by opening CD and money market accounts with Wintrust’s chartered banks." If you're mega, mega wealthy, someone like Lloyds would probably be willing to write a bespoke policy.
- frankreyes 4y agoWhy would I do that when I can get a bail from the Fed for free? So, no, there's no better choice :)
- ceejayoz 4y agoYou said "There's no option to chose for better insurance otherwise I'd already have taken" and "Making better choices is the best insurance". You're now arguing, it seems, the opposite. If you think the FDIC will always insure depositors over their statutory limits, by all means, make that choice, but don't complain you don't have one.
- frankreyes 4y agoI'm not complaining. You're complaining that you don't like my choices.