Re: OT: followup on New Orleans - disgraceful




"Anthony Fremont" <spam@xxxxxxxxxxxx> wrote in message
news:sZHRe.12695$Nx.12275@xxxxxxxxxxxxxxxxxxxxxxx
>
> "Joerg" <notthisjoergsch@xxxxxxxxxxxxxxxxxxxxx> wrote in message
> news:bMGRe.150$ua1.21@xxxxxxxxxxxxxxxxxxxxxxxxxxxxx
> > Hello Winfield,
> >
> > >>All persons moving back into the affected area should be required to
> sign
> > >>a release form stating that they know the area is potentially
> dangerous and
> > >>relinquishing any and all rights to request Federal assistance in
> any form.
> > >
> > > You're proposing to extend that hard-line position to the entire
> > > coastline from say North Carolina to the Mexican border, I assume?
> >
> > Jim has a point. It does not make sense to rebuild when you know that
> > the same thing could (or rather, will) happen again. When most of the
> > houses too close to the water flooded down the American river out here
> I
> > could not believe my eyes when residents elected to rebuild at the
> very
> > same spot. I hope that at least the insurance companies socked them
> > since I do not wish to pay for the foolish decisions of other. It is
> > time that people take responsibility for their own decisions.
>
> You and Jim are incredible. Neither of you seem to know anything about
> the National Flood Insurance Program and how it works. Rates are set
> based upon the flood plain you live in, not by how many times you've
> been flooded, so nobody socks it to them for rebuilding. People that
> don't purchase flood insurance aren't covered for flood damage.
> Homeowners insurance does not pay for rising water damage. You rant and
> rave about the "foolish" locations that people have homes in, yet you
> apparently live in southern CA; a place destined for a massive
> earthquake. Why the dichotomy? What upsets me is that my homeowners
> insurance IS affected by people like you that choose to live in an
> earthquake zone, yet your insurance is not affected in any way by people
> living in a flood plain. Perhaps you should rethink some of your
> comments.

Some of the homes in the Mississippi-Missouri River confluence floodplain
that were destroyed by the last big flood were not allowed to be rebuilt.
The Feds essentially bought out the building rights, and refused them new
flood insurance. Some small villages disappeared. It is still valuable
farmland, but the farm buildings are now further from the river on higher
ground.

>


.



Relevant Pages

  • Re: (OT) Alarmism and climate change
    ... Their flood insurance is subsidized as much as 80% by the Federal government. ... Powers That be have decided it is cheaper to subsidise flood ... If you rebuild in the same flood plain after we rebuild once for you, we won't ever do it again. ...
    (alt.smokers.cigars)
  • Re: (OT) Alarmism and climate change
    ... Their flood insurance is subsidized as much as 80% by the Federal government. ... Powers That be have decided it is cheaper to subsidise flood ... If you rebuild in the same flood plain after we rebuild once for you, we won't ever do it again. ...
    (alt.smokers.cigars)
  • Re: Getting distant tv stations
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  • Flood Relief (formerly Re:Overriding the S-Chip Veto)
    ... the area is prone to flooding every decade or so. ... Along comes FEMA with low cost insurance, ... the risk of building fancy houses on a flood plain. ... FEMA did NOT invent flood insurance. ...
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  • Re: Flood Relief (formerly Re:Overriding the S-Chip Veto)
    ... Along comes FEMA with low cost insurance, ... the risk of building fancy houses on a flood plain. ... consequences that create moral hazard. ... FEMA did NOT invent flood insurance. ...
    (soc.retirement)

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