<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=us-ascii"><meta name=Generator content="Microsoft Word 15 (filtered medium)"><style><!--
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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><a href="https://www.nbcchicago.com/news/local/black-lives-matter-holds-rally-supporting-individuals-arrested-in-chicago-looting-monday/2320365/">https://www.nbcchicago.com/news/local/black-lives-matter-holds-rally-supporting-individuals-arrested-in-chicago-looting-monday/2320365/</a><o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;color:black;background:white'>BLM organizer Ariel Atkins’ comment is the takeaway:</span><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;color:black;background:white'>“That is reparations. Anything they wanted to take, they can take it because these businesses have insurance.”</span><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;color:black;background:white'>This tells me that the BLM organizer wants to treat insurance companies as a bottomless pit of money. OK, so they pay these business owners for their losses to some extent. Then what? Do you suppose those insurers are going to bet this will not happen again? I wouldn’t make that bet. Insurer to former customer: Can’t cover that anymore, too risky, here’s your check, adios amigo.</span><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;color:black;background:white'>Then… these high end retail bricks and mortar outfits are never rebuilt.</span><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;color:black;background:white'>OK, well I suppose we don’t really need them anymore. I see where they served their purpose at one time, but I don’t see that there is any practical means of protecting them or insuring them, since it has been demonstrated that a flash-mob of looters cannot be stopped.</span><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;color:black;background:white'>Result: no more high-end retail in the population centers.</span><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;color:black;background:white'>What happens next? Do they continue, focusing on the mid-level retail? When that is gone, then what?</span><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;color:black;background:white'>The ability to organize looting flash mobs on the internet is accelerating the end of bricks and mortar retailing.</span><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;background:white'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.0pt;font-family:"Arial",sans-serif;color:black;background:white'>spike</span><o:p></o:p></p></div></body></html>