Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: PROLIFE who wrote (705503)	10/4/2005 9:20:57 AM
From: DuckTapeSunroof	Respond to of 769670

"I would venture to guess that a good many of these homes THAT close to the shore lines are resort homes or vacation homes, and should not be supported by any government program." I agree completely. Federal flood insurance should be scrapped (the free market can price insurance risks much better), and taxpayer money should not go into beach sand 'replenishment' programs. If some hotel or homeowners on a beach want to haul sand to the front of their properties every year or so, then let them pay for it. On the other-hand, the one area where government involvement probably makes sense is environmental rules for development in coastal marshlands and particularly, protective barrier islands. It is estimated, for example, that some 100 miles of hurricane-buffering coastal islands, mangrove swamps, etc., have been lost since dredging was started (mostly to permit oil exploration) decades ago along the Louisiana coast line. No wonder they are more exposed to storm damage now.