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Started By
Message
re: Flood insurance rate increases
Posted on 3/19/15 at 2:31 pm to lsu13lsu
Posted on 3/19/15 at 2:31 pm to lsu13lsu
quote:
Insurance provided by the federal government. Based on maps put together by the federal government. Big banks and the federal government helping each other out.
Sounds legit.
I hope you understand this is a subsidy for people to live in disaster prone areas. That is all it is. Republicans/Red State Louisiana highly support it but don't realize it is a subsidy. Those same people scream about handouts to everyone else. I also hope everyone's rate increases enough to where taxpayers do not have to foot the bill for people who choose to live in flood prone areas.
You do understand every year there are major floods in areas all across country that "haven't flood in 200 years etc" ...
1
Posted on 3/19/15 at 3:08 pm to Chad504boy
quote:
Chad504boy
quote:
You do understand every year there are major floods in areas all across country that "haven't flood in 200 years etc" ...
He's not interested in the responses. Or reality either it seems. At least judging by what he thinks of the NFIP.
I guess FHA and USDA's Rural Development funds were created to be handouts as well.
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