Posted on 08/17/2019 3:54:06 AM PDT by Kaslin
Simply solution - don’t nationalize insurance.
This would’ve been a good example to use as one of the “why not”s for commie care.
The WWII bunkers along the gulf coast have weathered these storms well. Why not redesign such megamansion development?
Capitalism, baby...with a tan!
Beach houses might be getting bigger and bigger, but I’m sure the virtue signaling liberals who lives there CARE more about the environment than the rest of us. So...it’s all good.
We taxpayers are being taken for a ride twice and congress knows it and does nothing. If you choose to build your house where you know it is going to flood, you should not expect the taxpayer to help with your insurance bill.
Same thing with student loans. These loans are an absolute folly and congress knows it yet they continue unabated. They are no different from the sub- prime loans. People are being loaned exorbitant amounts of money with no visible means or intention of paying it back.
People are building expensive homes (many that will never be their primary residences) in the eyes of hurricanes and the taxpayer funded flood insurance is making it possible.
Both situations are examples of government subsidized insanity brought to us by our congress.
Living on the coast, the newer beach homes are built to survive much stronger storms than a Cat 5. Look at what survived on Mexico Beach, a modern home built on piers. What was destroyed? Ground level homes that couldn’t survive the storm surge.
How is taxpayers subsidizing reconstruction through a national insurance program capitalism?
There went the neighborhood.
The after-storm picture of that house, largely untouched, sitting amidst acres of debris, was impressive.
Oh; so it IS an ABORTION thread!!
Although southern locations are noted, unscrupulous or just plain ignorant
real estate developers sold property on Staten island within hurricane destruction zone.
When the hurricane actually destroyed the property, the press reacted as if God himself had it in for New York. None of destroyed Staten Island should have been rebuilt.
In my personal survey, I have determined that a cat 5 or possible direct cat 4 hit on Miami will devastate property in inestimable billions of $$. None of Miami can be billed to tax payers.
If states were made to pay for their own beach “replenishment” programs, we’d have a lot less of this cr@p.
The author completely forgot the rest of the flood ins scam, the millions of homes in flood plains next to rivers.
He/she figured that more outrage would be generated by multi-million beach houses, rather than the millions modest homes near rivers.
I think we should get the government out of the Ins business once and for all.
Heck ya,
What are taxpayer good for anyway?
Heck ya,
What are taxpayers good for anyway?
There’s another kick in the pants from the gubmint when in comes to beach towns - ever notice there’s a quant lil ghetto in every one?
Taxpayers are subsidizing the welfare/leisure class to live at the beach. Federal dollars for “disaster relief” and such are tied to having section 8 housing.
So instead of the properties bringing in taxes, they are housing people that are getting “free” stuff... at the beach.
Has government *ever* relinquished control of any program?
Just end the program and control will be a moot point.
Maybe I’m missing something in your question, but isn’t anything that is federally insured being paid by taxpayers?
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