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Author: telegraph Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 740299  
Subject: Re: A thought Date: 10/11/2000 12:30 PM
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""things like natural disasters will have locals out demanding more government aid.""

I get upset when gov't programs keep expanding to provide protection for things that don't deserve to be covered.

For example, gov't encourages lots of new buidling on barrier islands and other flood prone areas by providing cheap flood/hurricane insurance. We know that barrier islands move, and it is only a matter of time before a hurricane wipes out Miami beach, or many of the other barrier islands totally. Yet, gov't programs keep expanding, gov't costs keep expanding.

If there were no gov't bailouts of stupid people building houses 50 feet from the ocean, there would be a lot less houses built. We know it is going to cost the rest of us tens of billions in bailouts.

Yet, the bleeding heart liberals keep coming up with new and expanded programs. I would immediately move to never issue another flood/hurricane insurance on barrier islands. let those folks get insurance from some other carrier. If a house comes up for sale, refuse to issue a policy to a new owner. Eventually the ocean will claim it's own. This isn't an unplanned natural disaster. It is a disaster waiting to happen, and the gov't keeps compounding the problem.

Once a program starts (and maybe for a valid reason), it just multiplies. While you can't shut it down, and least you can prevent it from spreading!



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