Also note that Lott's brother-in-law, a trial lawyers, made some majo0re $$$ off of the deal. Just like he did when he sued big tobacco.
What is he going to call it, the "Bail Out The Filthy Rich From Their Own Stupid Mistakes Act of 2007"?
If you have a house on the Gulf Coast, it's gonna get flooded. If you can't handle it, build inland. If you wanna look at the pretty water, build cheap, so you won't have so much to replace.
This used to be obvious. Now people are so protected from the consequences of their own stupid decisions that they build Million-dollar houses on the sand. Why should anybody be compensated for being so reckless?