Absolutely that needs to be done.
But that will not prevent as long as American voters continue to vote them into office.
The solution needs to address the fact that American voters vote them into office.
Chubb will set the premium high enough so that the ships that make it without a claim (being sunk by Iran), will more than offset the cost of paying for ships that are sunk by Iran.
Insurance companies rarely lose money.
Does the US Navy have enough ships to do this?
This is going to be an insurance thing, as indicated by this:
"Chubb set as main U.S. insurer for Persian Gulf shipping amid Iran war"
www.cnbc.com/2026/03/11/i...
CNBC: Chubb main underwriter for insurance for US ships delivering oil through Straight of Hormuz.
Insurance ==> Insurance Premiums
Who pays those premiums?
Initially owners of the ships/oil, but eventually passed down to buyers of gasoline at the pumps.
imo 😁
www.cnbc.com/2026/03/11/i...
*closed to US and Israeli oil tankers.
One of the emerging economic & financial risks is that if the US declares victory and exits the theatre of battle that Hormuz remains closed.
Not see sufficient acknowledgment nor discussion of that risk. #Econ #EconSky
Except from Iran, an official of which said that they will keep the Straight of Hormuz closed.
Which of course, would not be an "unconditional surrender" as demanded by Trump.
Raise rates 1/4 point, please.
Forward-looking investors should anticipate an increase in topline inflation of 0.6% in March due to a 0.4% rise caused by oil, gasoline, and energy prices and 0.2% increase excluding those items. #Econ #EconSky
Fvck both of you guys.
Good.
NO TO THE SAVE ACT.......
Happy 6th birthday to my sweet lady Ruby ❤️
Happy Birthday.
Reminds us of our [now passed] girl.
lol
Dhugal provides info in this clip about how siphonophores swim. This one is Bargmannia. @schmidtocean.bsky.social dive 402 part B. #edgegbr #MarineLife
First I've ever heard of them. Cool.
"Siphonophores are highly polymorphic and complex organisms, which blur the line between individual organisms ... and colonial organisms (like e.g. corals, where each polyp can in principle live on its own)"
en.wikipedia.org/wiki/Siphono...
How does hate deserve an honorary degree?
Good morning this morning.
The Impotence of Drill, Baby, Drill
open.substack.com/pub/paulkrug...
They like what he is doing.
Lies.
Actually, a bunch of people beat *us" to it. 😁
I see you beat me to it. 👍
Schrodinger says you can; at an atomic level.
Schrodinger's War.
Votes that will not pass because of Republicans.
Because American voters gave the House and the Senate majority, and the presidency to Republicans.
Wut?
Spotted in front of Heritage Foundation, DC. Golden Age baby!
