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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (41026)	9/8/2005 4:29:18 PM
From: Jim McMannis	Read Replies (2) \| Respond to of 306849

RE:"Oh, I do, I do....problem with "emergency spending" of any kind is that accountability often goes out the window....same with the military in Iraq, I fear. The only ones who care are you, me, and the poor "guy behind the tree" that every politician wants to raise taxes on!" The insurance companies really take a hit too...from the experience with Andrew, they have no choice but to write the checks and not even ask questions. If they try to be fiscally responsible the media runs them into the ground. I think Allstate paid out more for Andrew than they had ever taken in during their entire history. --------- I recall a number of people walked on their mortgages after the last big California earthquake. I wonder how much that will happen on the gulf coast.