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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (200841)9/8/2004 10:05:27 AM
From: Road Walker  Read Replies (2) of 1573838
 
re: As a taxpayer, how do you feel about bailing them out and helping them rebuild in the same place?

Actually, insurance wise, Florida is almost "self insured". The national insurance companies have set up separate corps in FL, and much of the premiums go into a state fund that pays most of the damages. The liability to the insurance companies is really small.

How do outside of FL taxpayers subsidize people who build on the water in FL?

John
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