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Started By
Message
re: Audit: FEMA owed $2 billion from New Orleans for replacing sewer infrastructure
Posted on 7/27/17 at 12:16 pm to HeyHeyHogsAllTheWay
Posted on 7/27/17 at 12:16 pm to HeyHeyHogsAllTheWay
quote:
If you build in an area prone to natural disasters and your shite gets destroyed by a natural disaster, and you didn't have insurance, too bad.
The audit seems to indicate that FEMA should not have paid to rebuild New Orleans's sewer and draining infrastructure because it was in horrible condition prior to the storm. That's not really news to anyone that lived there before Katrina.
If you have insurance on your 20 year old roof when a storm passes through, your insurance wouldn't cough up 100% of replacement costs.
2
Posted on 7/27/17 at 12:20 pm to member12
quote:
If you have insurance on your 20 year old roof when a storm passes through, your insurance wouldn't cough up 100% of replacement costs.
So? This is an example of why we are $20T in debt and rising. How it is my problem if a Hurricane rips your house apart? Just as how would it be YOUR problem if a tornado ripped my house apart? Yet in either case, here's Uncle Sugar to give you some money if that happens.
Posted on 7/27/17 at 1:12 pm to member12
quote:
If you have insurance on your 20 year old roof when a storm passes through, your insurance wouldn't cough up 100% of replacement costs.
the total cost to replace is $8 billion, FEMA paid 25% of that ($2 billion)
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