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West blasts Klein and Obama on catastrophic insurance
Boca Raton News ^ | September 18, 2008 | John Johnston

Posted on 09/18/2008 12:40:45 PM PDT by Fox_Mulder77

West noted that Obama recently offered support for the Klein co-sponsored Homeowner’s Defense Act saying, "I've long been a supporter of a National Catastrophic Insurance Plan, and the time to act is now.... I am proud to add my name to this bill, and that's why I'll sign it into law as president."

West doesn’t agree.

"While the Homeowners Defense Act may sound like a godsend to many Floridians living through another active hurricane season, one should take care, look at the fine print, and consider the loopholes before signing on,” he said.

Missing from the bill, West argued “are clear standards for hazard mitigation: strong building codes, design standards, and hazard control structures. Sen. Obama is wrong when he says this bill will "spread the risk". It will, in fact, create risk by encouraging risky behavior, over development, and poor building standards."

West said that a recent analysis of hazard mitigation grants awarded by FEMA found that, "every $1 spent on mitigation saved society an average of $4." (snip)

West concluded: "In these tough economic times we cannot continue to write blank checks that are to be paid by our children and grandchildren."

(Excerpt) Read more at bocanews.com ...


TOPICS: Government; Politics/Elections
KEYWORDS: allenwest; catfund; govwatch; obama

1 posted on 09/18/2008 12:40:45 PM PDT by Fox_Mulder77
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To: smedley64; Ooh-Ah; Bahbah; IMissPresidentReagan; 50cal Smokepole; Kerretarded; WorkerbeeCitizen; ...

Ping!!


2 posted on 09/18/2008 12:41:43 PM PDT by Fox_Mulder77
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To: All
Allen West for Congress
3 posted on 09/18/2008 12:43:17 PM PDT by Fox_Mulder77
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To: Fox_Mulder77

I’m away on vacation, but am thrilled to catch this post.

Talk about bravery! Telling citizens that they are ultimately responsible takes guts.

For too many, its all about the “freebies”.


4 posted on 09/19/2008 9:45:01 AM PDT by HonestConservative (Votes with Flask in pocket.)
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