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this post was submitted on 26 Mar 2024
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politics
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Yes, but ascertaining liability and securing a payout is a process that may take many years of being dragged through the courts, if it is even successful at all.
The government making money available immediately does help get things going with less uncertainty about who can foot the bill.
Yeah that's a great way to get an immediate injunction from a judge. That's not how these things work.
they think the shipping company owns it's cargo?
I seriously doubt people who say that kind of thing have thought this through for more than about 4 seconds. It's like having a conversation with a Michael Bay movie.
Damn, I had to drop my phone so I didn't feel that burn myself.
Unless you're a pirate 🦜
I'm gonna ignore all the legalities that would have to be worked around to even attempt that plan, and skip straight to the final step of selling the seized goods.
Not sure that fire damaged and/or waterlogged goods are gonna fetch a good price. The ship burned, and partially sank.
Why didnt the bridge have insurance?
That’s the federal government
… why?
this is all good... the problem is that, with the issue solved, nobody will put pressure to get that money back
look at the BP spill, they barely took a hit on their profit margin and left a mess that nobody is looking at anymore