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Off Topic Discussion
New Orleans flooding question
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<blockquote data-quote="Rich Stern" data-source="post: 542726" data-attributes="member: 52580"><p>And to rub salt in the wound: All of us subsidize the insurance of a disaster like this via the National Flood Insurance program, one of many "Great Society" legacies of the Lyndon Johnson era. When they rebuild New Orleans with the same brain-dead flood protection scheme (none), we get to insure it with tax dollars. Again.</p><p></p><p></p><p></p><p>My heart goes out to the people in the gulf region. I hope they'll forgive me if I suggest that they should not rebuild in exactly the same way, just so our kids and grandkids can avoid multi-billion dollar insurance settlements every time a hurricane does what it is supposed to do.</p></blockquote><p></p>
[QUOTE="Rich Stern, post: 542726, member: 52580"] And to rub salt in the wound: All of us subsidize the insurance of a disaster like this via the National Flood Insurance program, one of many "Great Society" legacies of the Lyndon Johnson era. When they rebuild New Orleans with the same brain-dead flood protection scheme (none), we get to insure it with tax dollars. Again. My heart goes out to the people in the gulf region. I hope they'll forgive me if I suggest that they should not rebuild in exactly the same way, just so our kids and grandkids can avoid multi-billion dollar insurance settlements every time a hurricane does what it is supposed to do. [/QUOTE]
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New Orleans flooding question
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