{"type":"rich","version":"1.0","title":"MartyBent wrote","author_name":"MartyBent (npub1gu…y6hjy)","author_url":"https://yabu.me/npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy","provider_name":"njump","provider_url":"https://yabu.me","html":"The LA fires are laying bare the cascading consequences of central planning:\n\n- Promise to take care of the forests but don’t\n- Allocate resources to DEI initiatives instead that favor incompetence\n- Normalize petty crime while demoralizing law enforcement\n- Send all of your water to the ocean to save a fish species \n- Insurance providers drop out of market because of increased risk\n- Hundreds of billions of dollars of damage that will require a federal bailout\n\nThis could be the black swan that incites the next print. If CA gets a bailout all of the states affected by last year’s hurricane will get one too. The slope of the federal debt will steepen at a time when treasury yields are ripping higher. Terrible perfect storm to start 2025. \n\nPraying for everyone who has been affected by this insanity and hope it serves as a lesson in decreasing government at all levels to their smallest viable form. "}