I have often thought that there should be no Federally funded flood insurance 
for people who build in a flood zone. If it's an existing structure, let it be, 
but there should be no new construction in these areas.

It's not the perfect means to deal with the situation, but I have a problem 
subsidizing stupidity in the sense that structures should simply not be built 
in these areas, and if they are, the taxpayers should not be underwriting their 
insurance.

Dan

On Jan 29, 2013, at 2:51 PM, Brian Toscano <brian.tosc...@gmail.com> wrote:

> 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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