Sunday, February 14, 2021

Twin City riots

Financial planners often suggest that people not make any major financial decisions after the death of a spouse until some time passes. The idea is that decisions made while in an emotional state can lead to unexpected problems. Last summer in Minneapolis racial problems arose and promises to dismantle the police department, root-and-branch, were suggested. This was an emotional response and has led to problems. Many officers felt the city council had lost faith in the police and a number resigned and others took extended leave. What followed was a spike in crime. The city recorded 5,422 violent crime incidents, including homicides, rapes, robberies and aggravated assaults, according to preliminary year-end Minneapolis police statistics. That is a dramatic jump over the previous five years, which averaged roughly 4,496 such crimes. This week the city agreed to hire more police and to add funds back to the police budget. What do the victims of these additional crimes think about this whole affair? This small attempt at social engineering resulted the loss of hundreds of businesses and $500 million dollars in damage that the local government is now asking congress to pay.

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