Dear:
June begins and here is your morning newspaper. I am sadly watching the riots tearing apart American cites. There are some lessons here. First, when social unrest happens, you need to be away from big cities. This is not going to be the last social unrest that we see this year. Second, I made a cryptic comment on Face book that I will repeat here. Thousands of more coronavirus cases will come as a result of these riots. Broke cities will be pushed into bankruptcy. Cities are already fiscally challenged due to a loss of a big part of their tax revenue due to stay at home orders. Add to this the cost of all the police overtime, loss of equipment that must be replaced, public buildings that must be repaired, new criminal cases as a result of the unrest, and the millions of dollars that will be paid out to the victims of police brutality. Public services will drop. Pensions will be at risk. Lawyers will make a fortune.
Be careful out there!
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