Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Concentrate on Dividend Record and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Old Confederacy
  • Main Street Conservative
  • BLM’s Marxist Agenda
  • Ron Paul
  • Bank Credit & Money
  • Freedom Force
  • Dick Young’s Safe America

Will Taxpayers Be Footing the Bill?

September 4, 2020 By Debbie Young

President Donald J. Trump joins John Rode and his family members as he speaks to reporters Tuesday, Sept. 1, 2020, in Kenosha, Wis. Rode, the retired owner of Rode’s Camera store which opened in 1911, met President Trump at the site of store’s burnt remains destroyed in recent rioting. (Official White House Photo by Shealah Craighead)

Local reporters at the Minnesota Star Tribune published a devastating report, in which it detailed demolition costs from the riots that have left Kenosha reeling. The riots have caused significant economic, emotional, and environmental losses to businesses.

These costs far exceed what insurance companies will pay and what business owners can afford. Not taken into account is the cost to rebuild.

From the Star Tribune:

Like dozens of other investors whose properties were severely damaged in the May riots, the Kim family was stunned to discover that the money it would collect from its insurance company for demolition won’t come close to the actual costs of doing the job.

Most policies limit reimbursement to $25,000 to $50,000, but contractors have been submitting bids of $200,000 to $300,000. In many cases, the price of the work is not much lower than the actual value of the property, records show.

President Trump announced this week at a roundtable discussion: “We are going to get Kenosha back in shape, and we’ll get it very quickly,”

Trump announced $1 million in federal aid for the Kenosha Police Department, $4 million to help small businesses rebuild. He also announced $42 million for public safety across the state of Wisconsin, including for police and prosecutors, reports Fred Lucas in The Daily Signal.

Wisconsin Gov. Tony Evers agreed (finally) to call up the state’s National Guard to quell the rioting in the city.

Learn more about BLM and the Marxist agenda to transform America in 2020 and burn the place down from Rudy Giuliani and Ron Paul. And read about how many Americans have been duped by the BLM movement and its terrorist leaders.

Related Posts

  • Even Bill Clinton Gets It
  • The Bill James Handbook 2010
  • Bill Clinton's Shamelessness
  • Immigration Bill Total BS
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • Unreported Left Wing Violence Continues - January 26, 2021
  • The Fundamental Disconnect of “Unity” and the Progressive Left - January 25, 2021
  • Absentee Ballots Not Verified - January 22, 2021

Dick Young’s Must Reads

  • Tucker Explains: Put America First, Put its Families First
  • Work to Make Money/Invest to Save Money
  • Gold/Silver Coins No Longer Allowed in Safe Deposit Boxes
  • Yes! Money Can Bring You Happiness
  • A Look at the Future of Main Street America
  • Protection While Traveling in France
  • Concentrate on Dividend Record and Compounding
  • My Battle-Hardened Stock Market Strategy for the Worst of Times
  • Government Should Be Small, Laws Unobtrusive, and Men Left Alone
  • Conflict Between Democratic Sovereignty and Transnational Progressivism (Globalism)

Our Most Popular Posts

  • The Recklessness of Arnold Schwarzenegger
  • The Stock Market Is About Money Flows Not Politics.
  • Dick Young’s Safe America: Chapter 1, Part I
  • Ten Republican Senators to Get Behind
  • This Guy Is America's New President: Shotgun Joe
  • Who Are Those Urging Violence?
  • Absentee Ballots Not Verified
  • Smith Family Robinson in Live Free or Die, NH
  • Facebook Is Already Censoring This Letter
  • Warmongering Firestarters Victoria Nuland and Samantha Powers Back

Disclosure

RSS Youngresearch.com

  • The Parallels Between Today’s Stock Market and the Dot-Com Bubble
  • Only You Know How Much Gold You Should Own
  • Your Retirement Life: Meet Your BMW Club Racing Program Director
  • Corporations Rush to Reap Equity Windfall
  • Do You Know Who’s the Largest Owner of Farmland in America?
  • Investors Are Being Conditioned Not To Recognise the Danger
  • I’ve Been in Richard Young’s Maximizers for Years
  • What Is the Stock Market’s Link to the Economy?
  • Smith Family Robinson in Live Free or Die, NH
  • Dick Young’s Safe America: Chapter 1, Part I

There is No Such Thing as a Un-Mutated Virus.

COVID-9 Side Effects Include Paralysis & Death.

Unreported Left Wing Violence Continues

You Know “We’ve Been Lied To” and They Laugh at Us

The Fundamental Disconnect of “Unity” and the Progressive Left

Unmasking Heath and Human Services Secretary Nominee Xavier Becerra

Copyright © 2021 | Terms & Conditions | About Us | Dick Young | Archives