Crooked politicians and attorneys, but then I repeat myself, always find ways to make us think one thing but really means something else. Like having insurance that doesn’t really cover anything because of the “fine” print.
Were you under the assumption that the Boston Marathon bombings were an act of terrorism? Maybe it was because just after the bombings, the President said this:
“Any time bombs are used to target innocent civilians it is an act of terror.”
Turns out, if you look into the details, he actually never said it was an act of terrorism. There was much discussion about the whys and wherefores after his statement, and the mincing of the difference between the words “terror” and “terrorism” went on for quite some time.
Now, the Treasury Department has given its imprint on the perspective as well. And they haven’t “certified” it as an “act of terrorism,” either.
The context is the Terrorism Risk Insurance Act, which was passed just after the 9/11 attacks. It’s a federally-administered and underwritten insurance program for terrorism-caused damage, designed to be relatively inexpensive but to compensate policy owners…
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