View Single Post
  #2  
Old September 2nd 05, 08:29 PM
George Patterson
external usenet poster
 
Posts: n/a
Default

Ash Wyllie wrote:

while (Federal Flood Insurance)
{
Step One: Build house on beach
Step Two: Watch house swallowed by sea.
Step Three: Rebuild?

}


Are you aware that the payouts of that program are paid for by the premiums
(just as with my private insurance policy)?

Are you aware that the Feds force homeowners to build to flood-resistant
standards in order to qualify?

Are you aware that the Federal Flood Insurance program has significantly
*reduced* the cost of disaster relief (which *is* paid for via taxes)?

http://usgovinfo.about.com/cs/consum...dinsurance.htm

George Patterson
Give a person a fish and you feed him for a day; teach a person to
use the Internet and he won't bother you for weeks.