Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (81093)	6/9/2010 10:13:09 AM
From: T L Comiskey	Read Replies (2) of 89467

Sure hope.. Trent Lott's house and porch are safe.. from greasy Dick's never ending blunderings people build houses along the water because it makes economic sense to do so. Houses or apartments with ocean views command higher prices. Beachfront property owners can demand higher rents. Beachside businesses -- casinos, hotels, restaurants -- spin money. And, best of all, the risks of owning beachfront property -- risks from floods, hurricanes and erosion -- are covered by other people. Federally subsidized flood insurance programs and state-subsidized beach "re-nourishment" programs ensure that taxpayers -- rich, poor, local, national -- pay for damage to property built close to the water. To put it differently, Lott's house was on the beach because you and I paid for it.' washingtonpost.com eom

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