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Politics : Politics for Pros- moderated
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To: carranza2 who wrote (135218)8/30/2005 12:32:40 PM
From: miraje  Read Replies (4) of 793563
 
Will you say the same when the foolish people who live in LA and SF are hammered, as they surely will be?

There is no federally supported earthquake insurance (unlike flood). What is offered in CA by private insurers is exorbitantly expensive, even with huge deductibles. For most residents, it doesn't pencil out.

It's cheap government provided flood insurance that's responsible for houses and businesses to be rebuilt, time and again, in places that are unfit and unsafe, such as flood plains and beach areas that are regularly in the path of hurricanes. Taxpayers are supporting construction in places where diligence and personal responsibility would dictate otherwise.

I cannot, for the life of me, understand why anyone would want to stay in these areas that get hit, time and again..
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