U.S. Senate may cancel the Superbowl

Gun owners (and others) to be stuck with tab

The lamestream media told you:

Nothing.

The Uninvited Ombudsman notes however that:

The federal insurance policy that covers mammoth destruction such as major terrorism attacks -- without which the Superbowl cannot be held -- expired on Dec. 31, 2014. Congress closed without renewing it.

The U.S. House of Representatives quickly enacted a poorly drafted Terrorism Risk Insurance Act renewal bill (TRIA), without adequate debate, to renew the policy, then adjourned for the year. Their draft can't be amended.

The U.S. Senate failed to quickly pass the House version of TRIA without any changes and so the policy lapsed. Senator Tom Coburn held it up (with good reason), and Chuck Schumer blamed him in typical partisan style (even though Schumer didn't approve of the bill either).

The private insurance pool isn't large enough to cover that kind of risk (insurers say). They are either backed up by the federal government -- which means gun owners (and non-gun owners too, the entire tax-paying public). My opening headline is a cheap shot for attention. Heh heh. So, there is no coverage.

Critics don't think the public should be on the hook to insure a very rich private sports enterprise. But taxpayer-backed terrorism insurance has been standard for all large-scale projects, even construction, since 2002, you just never knew it, thanks to the "news" media and your "representatives." It's likely Congress will take up the issue again this year before the big game, so our taxes can insure football.

In other news, Las Vegas gamblers continue to make book on every aspect of the game, from the Nielsen ratings for the best ads, to the number of times the quarterbacks' girl friends will be seen on camera, to the first injuries, number of penalties, and of course such mundane issues like who might win and the point spread. Your tax dollars at work.

Comments

[Thane "Goldie" Eichenauer]

It appears that President Obama has signed this measure.
https://www.govtrack.us/congress/bills/114/hr26