Thursday, August 11, 2011

Prison Planet.com � Insurance Giants Will Use Taxpayers to Bailout Cost from UK Riots

Prison Planet.com � Insurance Giants Will Use Taxpayers to Bailout Cost from UK Riots:

"First, let’s look at the losers. This past week, a series of riots ravaged London and other parts of the UK. Costs to businesses is estimated so far at GBP �100 million.
Insurance Giants Will Use Taxpayers to Bailout Cost from UK Riots london riotsWHO PAYS THE BILL: Insurance companies will be recouping their losses from the State.

The cost to the state will be even higher because of police and law enforcement overtime bills, fire services, equipment, clean-up and repair- not to mention court costs for the 1,000 or so arrests already made. And that’s not all, as we will show you in a minute.

In a time of austerity, this past week’s events will put even further strain on the public purse. Communities will also lose much- loss of confidence, loss of commerce, income and the illusion of safety.

So who are the winners? One question one should always ask after any tragedy or event is “Qui bono?”, translated in latin it means, “who benefits” ?"

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