Tuesday 8 June 2021

Atlanta

 So when this BLM riot episode started up in the fall of 2020 in Atlanta.....at some point, a 8-year old kid was killed.

The family of the kid this week....started up a court episode.  They want sixteen million dollars, or they go to court.  

Responsible parties?  The mayor and chief of police.  

What'll happen?  I'm guessing Atlanta has an insurance policy over events like this and it's probably in the range of five to eight million for a pay-out.  Course, once this occurs....the insurance company will come back within twelve months and probably double the insurance rate.

The city will spend at least a million (probably more) on legal costs, and eventually get this down to what the insurance would pay.  

But here is the icing on this cake.  The folks in Buckhead (that upper-scale suburb to the far north of Atlanta) have been reviewing this idea of breaking away from Atlanta and becoming a city on their own.

I'm guessing this will help funnel the move in a certain direction, and within two years.....Buckhead, the city...will occur.

How the city covers increased insurance costs.....with fewer 80,000 fewer residents, and less property tax revenue?  That's a curious question.  

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