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Old September 3rd 05, 02:19 PM
Ash Wyllie
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George Patterson opined

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)?


If premiums cover costs, why can't one get _private_ flood insurance?

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


That's nice, but it would be better not to build in flood prone areas in the
first place.

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


See above.

-ash
Cthulhu in 2005!
Why wait for nature?