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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (7890)3/7/2001 4:06:04 PM
From: cosmicforce  Read Replies (1) | Respond to of 82486
 
I would like to go back to the difference between compliance costs and true insurance. I don't want the point to be missed that when you have an environmental watchdog group like the EPA keeping people from dumping toxics in creeks, that is not the same as "insurance".

Your insurance agent will not generally come around to your house and torch it if you miss a premium. If the enforcement of environmental laws regarding the discharge of toxic wastes is not done, there will be people that act in a criminal manner (like the company that sprayed PCB-laced motor oil on the roads in Missouri). I don't consider crime prevention and insurance the same budgetary line item.

I was pointing out that prudent people buy insurance. I begged my brother to buy some protection for my mom's portfolio near market top. He wouldn't do it and so my mother has had a 50% drop in value. She wouldn't sell because of an irrational fear of captial gains taxes. This was just foolish, IMO. Insurance in the form of options looks pretty cheap in retrospect.

Your rhetoric does seem to be less fervently pro-development that it was. I don't think as much poorly thought out regulation goes into place as you seem to think. Lobbies are powerful organizations and influence (as seen with the Rich investigation) seems to be coming from both Republicans and Democrats. Both would sell you and your children out to get re-elected. I'm not an envrionmental Nazi nor a Demo-lib (whatever that is). I'm one of those environmentally educated people who has seen first hand the effects of logging in the Sierra Nevadas (where I've been hiking for 25 years and my mother for 30 years before that).

ANYONE with half a brain knows not to crap in their own swimming pool. But if someone who isn't community minded could make a buck doing it, you know they would.