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To: crosslink
Bottom line is if a huge storm hits you and your state will be forced to raise taxes to pay the bond holders.

True, but it'll be a big poop sandwich for everyone if more big storms hit the state, regardless. Effectively, the risk is being spread throughout the state, and the costs to a future time if they occur. Those in less risk areas can say it's unfair, but I don't hear them complaining when they share in the big revenues that come out of the coastal areas.

42 posted on 03/09/2007 8:56:25 AM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62
You and I agree socialized insurance. Good luck.
43 posted on 03/09/2007 8:58:46 AM PST by crosslink (Moderates should play in the middle of a busy street)
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