Its pretty stupid to live in a flood prone area anyway.  I really have no
remorse for people who choose to live in natural disaster areas.  People
regularly leave their homelands for better opportunities or jobs.  Then are
there those that stay in problem/depressed areas and expect the government
to pay them to live there.


On Tue, Jan 29, 2013 at 12:41 PM, Mitch Haley <m...@voyager.net> wrote:

> Jaime Kopchinski wrote:
>
>> So you don't think the people who paid their flood insurance premiums
>> should be paid for their loss?
>>
>
> I think fedgov never should have gotten into the flood insurance business.
> It got there because it was already paying for disaster relief after every
> flood, and that was something it never should have been involved with. If
> they had to rely on private insurance, they could only afford to build
> where it was economically feasible, given the expected probability of flood
> damage.
>
> Mitch.
>
>
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