dantheclammanFox & Friends co-host Brian Kilmeade tells oil tankers to go through the Strait of Hormuz: "Show some guts and go through that strait and do it"
CompactFlaxTrump is about to find out that ship owners won’t risk hundreds of millions per ship on an uninsurable voyage just to stroke his ego.
It’s not even just the price of a ship and cargo. Lead times are around 2.8 to 3 yrs for crude tankers and around 3.5 yrs for LNG carriers. That’s a long time to not be able to conduct business even if insurance did pay out. It is 100% rational to sit out a few weeks to figure out how to resume operations safely rather than trying to sneak through and hope for the best.
RobotToasterOddly, due to maritime law, it’s the cargo owners who would have to pay if the ship was only damaged but not sunk.
Alternatively wasn’t he floating some kind of mandatory insurance scheme? mandatory in the sense that the insurer can’t refuse. Sounds like a great time to liquidate some ageing stock for yhuge profits.
No. Reinsurance “scheme” lets an insurer transfer all risk. If US government is willing to pay the insurer $100M, then they will charge the ship $1M or $99M for the voyage, but keep $100M total. Brian Kilmede will not volunteer to be crew on the ships no matter the pay, either.
otterOh it is insurable all right.
You just have to pay what is called the “war premium”.
I bet they wouldn’t like what comes through the strait anyway.
Apparently the maritime insurance market writes about $1b per year, around .005% of hull value to 1-3% - which exceeds the profit margin.
Actuarial Warfare: How Seven Insurance Letters Closed the World’s Most Critical Chokepoint and Why Markets Are Mispricing Duration by 300%
Private Reinsurance, IRGC Fragmentation, Interceptor Depletion, and a Dead Nuclear Fatwa Have Produced a Crisis No Military Victory Can Resolve
Lol the peer pressure argument for oil tankers.
Fox & Friends co-host Brian Kilmeade who still has a job after saying we should kill the homeless and people with mental health issues (while his other co-hosts were talking about throwing them in prisons or mental institutions)?
That Brian Kilmeade?
hopesdeadI swear I heard someone else on the network say the NYC teenagers that threw snowballs at police should get the death penalty.
Propaganda machine goes BRRRRRRRRR
Hey he didn’t say we should kill them he said we should “involuntarily euthanize” them. That’s the problem with politics today people refuse to acknowledge nuance. /s
Classic Libs not being able to take a joke
Since we’re on the topic of nuance: he was fantasizing about “involuntary lethal injection”.
“Just kill ’em” — Brian Kilmeade’s SHOCKING Call on Homeless People
Now really is the time of monsters
What an absolute moron! I don’t know any other democracy that has such stupid people so regularly on TV.
For fucks sake USA is a shithole country of the worst kind.
For fucks sake USA is a shithole country of the worst kind.
England has some pretty stupid people on TV regularly.
That’s true, clearly worse than we have here in Denmark. Of course we also have stupid people here, but they are generally not exposed broad and wide on TV.
But UK is still no match for USA from what I have seen. But clearly it’s not a problem for a politician to be stupid and also be successful. Theresa May, Boris Johnson, and Liz Truss. Are all examples of that. It’s astounding that a known liar like Boris Johnson was allowed to lead UK to vote for Brexit.
30 years ago we had a party leader Svend Auken that was caught in an outright lie. That cost him his political career.
But UK is still no match for USA from what I have seen. But clearly it’s not a problem for a politician to be stupid and also be successful. Theresa May, Boris Johnson, and Liz Truss. Are all examples of that. It’s astounding that a known liar like Boris Johnson was allowed to lead UK to vote for Brexit.
30 years ago we had a party leader Svend Auken that was caught in an outright lie. That cost him his political career.
For fucks sake, Peter Hummelgaard is perfectly normal and rational, I’d even say moral person, and he is minister of justice, so of course he gets exposure.
If you for instance read his May 1. speech, yoyu can see he is very sensible.
www.dansketaler.dk/taler/hummelgaard-peter
Is this sarcastic?
Peter Hummelgaard who said that “We must break with the totally erroneous perception that it is everyone’s civil liberty to communicate on encrypted messaging services”.
And who eagerly keeps exposing the Danish population to the use of Palantir’s Gotham software by the police?
That is so stereotypical for anyone in his position. That’s not just him, I agree it’s a sad state of affairs, and I don’t know why this stupidity is so common. But that particular issue any other minister of justice would be more than 90% likely to have the same opinion, after they’ve been briefed by PET and FET or whatever cancer is behind it.
I really don’t think everyone in this role would be bending the country 90 degrees for the USA to have their way with it.
Especially when you want to appear in any way strongly opposed to them having their way with your colony.
Also, he is the one who (barely) rewrote ChatControl proposal to be able to push it again during the Danish presidency of the EU, so he’s actually occasionally a risk for the whole Union.
Not only that, some of them were picked right out of their pundit jobs to be in the administration like Kegsbreath
i was going to say insurace companies hate this simple trick but iirc, they tend not to cover for act of war loses
US Government should directly insure then use military to back that up.
They created the mess they should own it.
You sure about that? We’re talking insurance, not all tankers would sink, the war itself is billions per day.
Yeah we can’t afford that either.
The US government investing that much into a bunch of oil tankers would actually make them bigger targets because it would be another vector from which to bleed America’s coffers dry.
Huh good point
Nah, we can just parlay on Polymarket
Rofl
They should fly him over on to one of them and meet him show everyone what he means.
Jo MiranIs he… being serious…? Lmfao what the actual fuck do Fox News anchors think they’re doing…?
I’m sure a captain sitting in the gulf right now is not watching Fox News. Most are probably not even American.
Same message could be given to US naval superpower. “Just go near Iran you chickenshits.” instead of staying out of drone range. The tankers in question were supposed to be getting US navy escorts.
red_green_blackYeah what are you a bunch of capital lists wanting to be certain you will make a profit?
(Sarcasm)
MinnesotaGoddamif i could direct this to kilmeade i would, “get on one of those tankers and pilot it through yourself coward”
After you, dumbass.
DevolutionA house slave, a Karen, and a Nazi walk into a bar…
Don’t let your kids in uncle Tom’s cabin
moondoggieI miss Bobby Moynihan’s Kilmeade.
Yeah! Just grow a pair and Mojo Risin that shit. What consequences could there possibly be?
🛳️+🛢️+🔥
chickenIt would not even touch the sides. The master answers to their employer onshore, not some berk on a morning talkshow half way 'round the world. The only thing superseeding their office would be their duty, ie laws of the sea, like if the office told them not to veer off course to answer a distress call.