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Posted: 3/27/2024 9:46:42 PM EDT
[Last Edit: 1975]
Janet Yellen walks back Biden's comments US taxpayers on hook for Baltimore bridge collapse
 Attached FileU.S. Treasury Secretary Janet Yellen on Wednesday appeared to walk back comments from President Biden that U.S. taxpayers would foot the bill for the Francis Scott Key Bridge collapse in Baltimore. Appearing on MSNBC, Yellen said money from the bipartisan infrastructure law could "potentially be helpful." "My expectation would be that ultimately there will be insurance payments, in part, to cover this. But we don’t want to allow worrying about where the financing will come from to hold up reconstruction," Yellen said. Her comments come a day after Biden said it was his "intention that the federal government will pay for the entire cost of reconstructing that bridge, and I expect the Congress to support my effort." Biden said that, while the effort will take some time, the people of Baltimore "can count on us." When asked by a reporter whether the company that manages the ship should be held responsible, Biden said the federal government would not wait for any decisions and would step in to get the bridge built and reopened. |
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Posted: 3/27/2024 9:47:22 PM EDT
[#1]
Fuck her too
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WA, USA
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Posted: 3/27/2024 9:57:53 PM EDT
[#2]
Quote HistoryOriginally Posted By WesleyHardin: Fuck her too FPNI Also, FJB |
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UT, USA
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Posted: 3/27/2024 9:58:48 PM EDT
[#3]
Quote HistoryOriginally Posted By WesleyHardin: Fuck her too |
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Posted: 3/27/2024 10:08:06 PM EDT
[#4]
Quote HistoryOriginally Posted By GarandM1: Yech, you first. Use a pineapple on a stick. Face sheild and gloves. |
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SC, USA
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Posted: 3/27/2024 10:09:52 PM EDT
[#5]
Have Baltimore take out a $10B 'student loan'. Move along.
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WA, USA
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Posted: 3/27/2024 10:11:10 PM EDT
[#6]
Quiet part out loud.
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WA, USA
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Posted: 3/27/2024 10:12:59 PM EDT
[#7]
Burrrrrrrrrrrrrrrrrrrrrrrrrr
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Posted: 3/27/2024 10:34:26 PM EDT
[#8]
look at her!... this entire administration is like the cast of The Wizard of OZ..
good God.. |
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Posted: 3/28/2024 12:04:48 AM EDT
[#9]
I'd wondered about that as soon as I read the demented asshole had said it.
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Posted: 3/28/2024 12:05:37 AM EDT
[#10]
Quote HistoryOriginally Posted By byron2112: look at her!... this entire administration is like the cast of The Wizard of OZ.. good God.. |
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TX, USA
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Posted: 3/28/2024 12:07:03 AM EDT
[#11]
So who pays? The US pilot company they are forced to use or the ships policy ?
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Posted: 3/28/2024 12:09:17 AM EDT
[#12]
I mean, who else is going to pay for it?
A bridge like that will cost, what a couple $billion? Maybe more? Does the insurance industry and the shipping company have that much cash to lay out, even if they didn't spend decades fighting it? How else do people expect to get a bridge like that rebuilt? |
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Posted: 3/28/2024 12:10:17 AM EDT
[#13]
Quote HistoryOriginally Posted By GarandM1: Yech, you first. Quote HistoryOriginally Posted By GarandM1: Originally Posted By WesleyHardin: Fuck her too I can smell the depends from here. 
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AZ, USA
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Posted: 3/28/2024 12:12:17 AM EDT
[#14]
Quote HistoryOriginally Posted By notarandomname: So who pays? The US pilot company they are forced to use or the ships policy ? My understanding is that the pilots are authority without responsibility. |
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TX, USA
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Posted: 3/28/2024 1:00:17 AM EDT
[#15]
Diversity will build a magical rainbow bridge with fairy dust
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AS, USA
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Posted: 3/28/2024 1:04:54 AM EDT
[#16]
We'll either pay for it directly or bail out the insurance companies that pay for it. But who cares, the dollar is strong and invincible, what's another few billion for a new bridge.
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USA
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Posted: 3/28/2024 1:07:31 AM EDT
[#17]
I wonder which of Biden's friends or donors owns that insurance company. He sure jumps when it comes to his little circle of thieves.
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Posted: 3/28/2024 1:35:24 AM EDT
[#18]
Quote HistoryOriginally Posted By GarandM1: Yech, you first. Quote HistoryOriginally Posted By GarandM1: Originally Posted By WesleyHardin: Fuck her too 
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Posted: 3/28/2024 1:42:50 AM EDT
[#19]
If Biden already said it was an accident won't that already affect which insurance companies are on the hook and for how much, assuming they use that comment to deny liability.
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Posted: 3/28/2024 1:49:44 AM EDT
[Last Edit: The_Master_Shake]
[#20]
Quote HistoryOriginally Posted By Skydivesnake: If Biden already said it was an accident won't that already affect which insurance companies are on the hook and for how much, assuming they use that comment to deny liability. Why would it being an accident absolve them of any sort of liability? |
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Posted: 3/28/2024 1:53:51 AM EDT
[#21]
Quote HistoryOriginally Posted By byron2112: look at her!... this entire administration is like the cast of The Wizard of OZ.. good God.. They all have that trembling voice as if they are weeks away from dying. |
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WA, USA
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Posted: 3/28/2024 2:10:40 AM EDT
[#22]
Quote HistoryOriginally Posted By 30calTBLkid: Use a pineapple on a stick. Face sheild and gloves. Quote HistoryOriginally Posted By 30calTBLkid: Originally Posted By GarandM1: Yech, you first. Use a pineapple on a stick. Face sheild and gloves. 
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Posted: 3/28/2024 2:44:00 AM EDT
[#23]
Under the US Constitution Congress has the power to approve funds not the President.
But democrats ignore this document. |
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USA
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Posted: 3/28/2024 3:49:57 AM EDT
[#24]
Quote HistoryOriginally Posted By Robertpistol: I wonder which of Biden's friends or donors owns that insurance company. He sure jumps when it comes to his little circle of thieves. Graft is a given in big money projects. |
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USA
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Posted: 3/28/2024 4:14:37 AM EDT
[#25]
Quote HistoryOriginally Posted By notarandomname: So who pays? The US pilot company they are forced to use or the ships policy ? Ship's policy for sure. I don't know how much responsibility the pilot can be said to have had, since the total power failure was not the fault of the pilot. |
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Posted: 3/28/2024 5:20:09 AM EDT
[#26]
Quote HistoryOriginally Posted By Grendel-OK: I mean, who else is going to pay for it? A bridge like that will cost, what a couple $billion? Maybe more? Does the insurance industry and the shipping company have that much cash to lay out, even if they didn't spend decades fighting it? How else do people expect to get a bridge like that rebuilt? Someone was saying yesterday that under some old maritime rule that anyone who had a container on that ship will share in the liability for damages. There are a lot of containers on that ship. |
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Posted: 3/28/2024 5:22:18 AM EDT
[#27]
Quote HistoryOriginally Posted By Sebastian_MacMaine: Ship's policy for sure. I don't know how much responsibility the pilot can be said to have had, since the total power failure was not the fault of the pilot. Pilot has no liability. The government is about to get a quick education in maritime law and insurance if they think this will be covered. Most they can probably get is the value of the ship and the cargo. |
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Posted: 3/28/2024 6:01:38 AM EDT
[#28]
In other news Hunter Biden has been named CEO of acme Bridge company and is the only bidder on the bridge rebuild.
President Biden said "It seems like he would be the best company to get this build and the contract was awarded to my son by sheer coincidence " |
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Posted: 3/28/2024 6:03:47 AM EDT
[#29]
fjb is always quick to attempt looking good by giving away your money.
That being said, the bridge carries Interstate 695. So would that be fed money anyway? Again, fjb claiming credit for something that would happen anyway. Then the .gov can pursue insurance companies. fjb and the old Cindy Lauper sounding troll |
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WV, USA
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Posted: 3/28/2024 6:19:26 AM EDT
[#30]
This entire country is one giant pyramid scheme
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VA, USA
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Posted: 3/28/2024 6:21:36 AM EDT
[#31]
Quote HistoryOriginally Posted By tc556guy: Someone was saying yesterday that under some old maritime rule that anyone who had a container on that ship will share in the liability for damages. There are a lot of containers on that ship. Quote HistoryOriginally Posted By tc556guy: Originally Posted By Grendel-OK: I mean, who else is going to pay for it? A bridge like that will cost, what a couple $billion? Maybe more? Does the insurance industry and the shipping company have that much cash to lay out, even if they didn't spend decades fighting it? How else do people expect to get a bridge like that rebuilt? Someone was saying yesterday that under some old maritime rule that anyone who had a container on that ship will share in the liability for damages. There are a lot of containers on that ship. Yup. Ship’s policy will bear the brunt of it. Everyone shipping something will get a piece of the fucking, though. And the gov’t will take our money to bail out the insurance company, of course. Side note: Not sure why the state-required pilots aren’t responsible, seeing as they’re there to prevent issues like this. You’d think there would be some sort of contingency plan for primary and secondary power failure. |
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VA, USA
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Posted: 3/28/2024 6:24:22 AM EDT
[#32]
I’m just happy to see them spending just a small amount of those billions in our own country instead of shipping overseas
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Posted: 3/28/2024 6:31:09 AM EDT
[#33]
The Francis Scott Key Bridge is also known as the I-695 Key Bridge because it is a part of the Dwight D. Eisenhower National System of Interstate and Defense Highways, commonly known as the Interstate Highway System.
Maryland and the feds will probably be looking at the FHWA Emergency Relief Program (https://www.fhwa.dot.gov/programadmin/erelief.cfm) and/or FEMA (https://www.fema.gov/home), but first the Maryland governor must declare a state of emergency and Biden must concur. This is how everyone in the the US, from Maryland, Puerto Rico, Hawaii, Alaska, North Dakota, and everywhere in between, will get to fund cleanup and a new bridge. Hopefully, in 18 years or so, litigation will recover some costs from directly responsible parties. |
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MS, USA
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Posted: 3/28/2024 6:32:32 AM EDT
[#34]
Quote HistoryOriginally Posted By 1AEGW: Pilot has no liability. The government is about to get a quick education in maritime law and insurance if they think this will be covered. Most they can probably get is the value of the ship and the cargo. This is correct, the Pilots have no liability. The vessel was covered by reinsurance through a P&I Club of about $3.1 billion. That might not cover everything, but it should be a large chunk of it. All ships must have this to operate. |
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Posted: 3/28/2024 6:54:57 AM EDT
[#35]
Quote HistoryOriginally Posted By rb889: Side note: Not sure why the state-required pilots aren’t responsible, seeing as they’re there to prevent issues like this. You’d think there would be some sort of contingency plan for primary and secondary power failure. Based on initial NTSB reports, the pilots and crew did exercise a variety of emergency procedures. Sometimes shit just happens that you can't get out of. Physics is a bitch. |
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Posted: 3/28/2024 7:01:56 AM EDT
[#36]
Great. More Chinese steel. Back in 1910 the amount of foundries and tons of steel a nation produced was a measure of its strength. We can't rebuild on the scale like we did in WW2. The steel mill in Pueblo was being refurbished by a Russian oligarch but Pedo Pedro sanctioned his azz and all work stopped.
When the Oakland side of the SF Bay Bridge was rebuilt, it was w/Chinese steel. We couldn't make it here. |
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Posted: 3/28/2024 7:02:08 AM EDT
[#37]
Quote HistoryOriginally Posted By SamuelAdams1776: FPNI Also, FJB Quote HistoryOriginally Posted By SamuelAdams1776: Originally Posted By WesleyHardin: Fuck her too FPNI Also, FJB |
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NJ, USA
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Posted: 3/28/2024 7:25:13 AM EDT
[#38]
Hmm do I want the infrastructure bill to be used for infrastructure or for gay trannies in Mogadishu to get bottom surgery?
Just buy the fucking bridge. |
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Posted: 3/28/2024 7:34:08 AM EDT
[#39]
FUCK joe biden
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MD, USA
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Posted: 3/28/2024 7:45:19 AM EDT
[#40]
Does anyone in this clown show of an administration know what is going on?
It's like a bunch of 5 year olds jazzed up on sugar that are just running around in a gymnasium. |
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USA
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Posted: 3/28/2024 8:19:46 AM EDT
[Last Edit: AmishElectrician]
[#41]
Is joe going to go down the bridge site and tell us how it means so much because "minorities" use the bridge to get to work and then the bid will go to a diverse construction company?
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Posted: 3/28/2024 8:21:06 AM EDT
[#42]
Quote HistoryOriginally Posted By Robertpistol: I wonder which of Biden's friends or donors owns that insurance company. He sure jumps when it comes to his little circle of thieves. Plausible. |
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Posted: 3/28/2024 8:21:20 AM EDT
[#43]
Quote HistoryOriginally Posted By WesleyHardin: Fuck her too Boom. Bitch. |
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Posted: 3/28/2024 8:23:36 AM EDT
[#44]
Quote HistoryOriginally Posted By SamuelAdams1776: FPNI Also, FJB |
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KY, USA
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Posted: 3/28/2024 8:24:28 AM EDT
[#45]
I'm sure they will make it a toll bridge and screw the people using it daily like the bridges over the Ohio river in Louisville Ky.
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LA, USA
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Posted: 3/28/2024 8:26:21 AM EDT
[#46]
God forbid taxes are actually used to fund infrastructure.
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Posted: 3/28/2024 8:32:35 AM EDT
[Last Edit: styles]
[#47]
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Posted: 3/28/2024 8:35:40 AM EDT
[#48]
Money for Ukraine, a new bridge in Baltimore, importing a 100 million illegals, or red flag laws...hmmm where should we spend it all...
I know just print more...she's Janet Yellin for cryin' out lewd. |
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Posted: 3/28/2024 8:36:24 AM EDT
[#49]
Quote HistoryOriginally Posted By AmishElectrician: Is joe going to go down the bridge site and tell us how it means so much because "minorities" use the bridge to get to work and then the bid will go to a diverse construction company? That Chinese steel aint gonna forge itself... |
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AZ, USA
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Posted: 3/28/2024 8:38:15 AM EDT
[#50]
Quote HistoryOriginally Posted By byron2112: look at her!... this entire administration is like the cast of The Wizard of OZ.. good God.. That's a wig. They ALL have whispy slimy hairs like Smeagol |
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Attached File