(October 30, 2012 at 11:38 am)Minimalist Wrote: Damage on the barrier beach of Fire Island has apparently been extensive. Lots of rich republicunt bastards have summer homes there. Now we'll see how serious they are about government flood insurance being "wrong."
The people with beachside homes love government flood insurance. It means that their fellow taxpayers took on the risk of their beach houses being washed away, basically removing the risk of building where reason would otherwise tell you not to. And now our taxes will be used to rebuild those homes that washed away in the hurricane. If it was a sensible risk to take, like the majority of homes, then insurance companies would sell the coverage at a reasonable rate.
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