Quote:
Originally Posted by Botnst
If you don't subsidize the rebuilding then people have to pay their own way. That way the risks are their own. If we ceased federally subsidizing flood insurance then we could find out what the market cost of insurance on a building below sea level in a hurricane-prone area REALLY is. If a prospective homeowner can float the loan and get the insurance, let him build. If he risks his own money, let him build. If he spends his own money and builds it himself at his own risk, let him build.
Subsidizing rebuilding neighborhoods and subsidizing flood insurance simple ensures that taxpayers will pay for it all over again sometime in the future.
And this folks, is why we don't want government running the auto companies or medicine.
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I couldn't agree more!!
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Current:
2014 VW Tiguan SEL 4Motion 43,000 miles.
2016 Hyundai Santa Fe Sport (wife's).
Past:
2006 Jetta TDI 135,970 miles. Sold Nov. '13.
1995 E-320 Special Edition. 220,200 miles. Sold Sept. '07.
1987 190-E 16 valve. 153,000 miles. Sold Feb. '06.
1980 300-D 225,000 miles. Donated to the National Kidney Foundation.
1980 240-D manual, 297,500 miles. Totaled by inattentive driver.
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