<oembed><type>rich</type><version>1.0</version><title>MartyBent wrote</title><author_name>MartyBent (npub1gu…y6hjy)</author_name><author_url>https://yabu.me/npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>The LA fires are laying bare the cascading consequences of central planning:&#xA;&#xA;- Promise to take care of the forests but don’t&#xA;- Allocate resources to DEI initiatives instead that favor incompetence&#xA;- Normalize petty crime while demoralizing law enforcement&#xA;- Send all of your water to the ocean to save a fish species &#xA;- Insurance providers drop out of market because of increased risk&#xA;- Hundreds of billions of dollars of damage that will require a federal bailout&#xA;&#xA;This 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. &#xA;&#xA;Praying 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. </html></oembed>