Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (325627)	2/12/2007 11:22:00 PM
From: tejek	Read Replies (1) of 1576990

That they do. But what happens when a hurricane goes into Chesapeake? If it wasn't for government bailouts and government subsidized flood insurance, I guess the houses could be total losses. Of course such bailouts and subsidized insurance do exist, and provide an incentive (or a reduction of the normal disincentive) to build in such locations. But you can hardly blame such subsidized and bailouts on free market capitalism. But you can blame free market capitalism for the construction of houses on an inappropriate site.

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