I canceled my house insurance years ago and the bank that holds my mortgage is none the wiser. Why should I pay the premiums? If the place burns I can declare personal bankruptcy like any corporate entity. Why should individuals play any differently?
Joe Tom Thiel wrote: >One element that serves to equalize the decision forces is the cost >of insurance premiums. A homeowner who chose to opt-out by not paying >the annual fee would face fire insurance cancellation, astronomical >premiums or non-collection of damages upon investigation after an >unprotected fire. If an institution (the bank) holds a mortgage on >the house, it would require fire (and other) insurance which would >require fire protection. Such forces serve to overwhelm the majority >of people's potential decision to not support the local fire >protection service. Common-good systems require participation by all >affected parties. Withdrawal from a system is something that an adult >might choose. Such decisions have real consequences. This scenario >brings such consequences into clear focus. > >Tom Thiel >USA > _______________________________________________ Biofuel mailing list Biofuel@sustainablelists.org http://sustainablelists.org/mailman/listinfo/sustainablelorgbiofuel Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Search the combined Biofuel and Biofuels-biz list archives (70,000 messages): http://www.mail-archive.com/biofuel@sustainablelists.org/
