[evaporation-plus]

Here on Long Island, N.Y. they have been doing this for years. The ocean removes the beach sand, knocks down valuable homes that are insured by the Fed. Three levels of government, Fed, State and Local replace the sand, rebuild the homes and the homes become more valuable. Then the cycle repeats itself...... The ONLY loser is the taxpayer!!!!

[Tarheel]

The same thing happens on the barrier islands here in NC. The weeping,wailing and moaning that occurs after a big storm/hurricane is unbelievable! Common sense is in short supply (you don't build on a barrier island that is nothing but shifting sand) among these nitwits, greed is not. One wonders about the gene pool that produces these geologically challenged individuals.

It would be interesting for an enterprising reporter to start digging up property ownership records of some of the people that currently own/or have recently owned this very expensive property. Bet there would be many DC types. In the case of NC, one wonders about names like Edwards, Gore and Gephardt.

The Tarheel