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A cut, sure, but the whole fuckin thing? (lemmy.dbzer0.com)

submitted 1 week ago by Stamets@lemmy.dbzer0.com to c/whitepeopletwitter@sh.itjust.works

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[–] dondelelcaro@lemmy.world 4 points 1 week ago* (last edited 1 week ago) (2 children)

I mean, you could hold a few hundred thousand in a surety bond instead, but who can actually do that?

[–] SoftestSapphic@lemmy.world 8 points 1 week ago (1 children)

People who got paid a fair wage before wealth inequality spiraled lol

[–] ngdev@lemmy.zip 4 points 1 week ago (1 children)

no they didnt

[–] SoftestSapphic@lemmy.world 6 points 1 week ago (1 children)

Go learn about the change of proprtional wealth since the 1970s that coencides with the creation of the super rich class.

Wealth inequality did not used to be this bad.

[–] ngdev@lemmy.zip 1 points 1 week ago

im well aware of that, but even pre-70s people didnt stack cash in a surety bond to avoid having car insurance.

[–] MNByChoice@midwest.social 1 points 1 week ago

The USA has ~23 million millionaire households. So many people could do that.

It seems that one can pay a percentage of the bond amount as an annual fee, avoiding having to put up the fully amount. I have no idea if that is a good idea, and I have no finished reading the link I posted.

When would some want to do this over having normal liability insurance? Maybe if they drove very little.