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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (326000)2/16/2007 7:15:24 PM
From: tejek  Read Replies (1) | Respond to of 1577064
 
its the almighty dollar at work here

When the federal government subsidizes the activity I wouldn't blame that on the free market, despite the fact that the subsidies involve dollars.


A state comes in with insurance to insure these people either because these properties were built long before their were laws restricting development in flood plains, or AFTER a developer has petitioned, built and sold the properties with the tacit approval of the local jurisdication who needs the tax revenues the project generates. BTW the latter is much less likely.......most local entities now prohibit development in flood plains.

So again, its the almighty dollar at work here and not your subsidy fable that you came up with on the spur of the moment. ;-)