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Moreover, liability insurance only covers negligent acts, not intentional ones. You are covered if you carelessly run into someone else, but not if you aim at them and ram them on purpose.

Most liability arising out of the use of guns is not the result of carelessness but intentional acts.

sjfcontrol wrote:

JALLEN wrote:Many believe, perhaps old-fashionedly, that taking of private property by the government is permitted only for a public use and upon just compensation

..... nor shall private property be taken for public use, without just compensation.

US Constitution, Fifth Amendment.

Of course, this doesn't limit taking for other than public use, I suppose.

This "Alice-In-Wonderland" use of words that has been growing, since fewer and fewer really understand words these days, is becoming profoundly disturbing.

Hmmm, wouldn't personal wealth be considered private property? And isn't taxation taking that property for public use?

The taxing power is not taking for public use, and is carved out expressly as a power of Congress, and clarified in the 16th Amendment.

Even subjects of the crown knew the difference between a "tax" and a "taking" of private property, first hand in many cases apparently. The government has expenses, and until late in the 19th Century those were defrayed mostly by tariffs. "The Tariff" was a big political issue until the Internal Revenue came along to take people's minds off their misery.

Many believe, perhaps old-fashionedly, that taking of private property by the government is permitted only for a public use and upon just compensation

..... nor shall private property be taken for public use, without just compensation.

US Constitution, Fifth Amendment.

Of course, this doesn't limit taking for other than public use, I suppose.

This "Alice-In-Wonderland" use of words that has been growing, since fewer and fewer really understand words these days, is becoming profoundly disturbing.

Why should depositors be hurt at all? What happens to the banks? What happens to the shareholders of said banks? What happens to the other unsecured creditors of said banks?

The shareholders ought to be wiped out. That is the definition of a bank failure.... the assets do not cover the liabilities, so shareholder equity is gone. What about junior creditors, bond holders, in order of priority? Other unsecured creditors?

How does the government's misadventures impact what are otherwise private banks, at all?