Sunday, November 19, 2006

Again, people want me to finance their lifestyle

Hurricane areas suffer soaring insurance rates I don't know if I keep seeing the same story or similar stories... this is the AP after all.

Again a realtor is complaining about the lack of federal insurance, because it is getting expensive to buy insurance in coastal areas prone to hurricanes.
"I think we need for the federal government to get involved and create some sort of backstop," Lereah said. "If you're a private insurance carrier, you think twice about getting involved in an area where there is not a backstop."
If you want to live in an area prone to hurricanes (or earthquakes, or mudslides or forest-fires or whatever) don't expect me to foot the bill for your risk. I live in a hurricane-prone area, and I am not asking anyone else to foot the bill for my risk.

If you can't afford to live in a hurricane-prone or other hazard-prone area, move someplace where there are fewer risks. There are never no risks in life. Some are easier to insure against.

The government is not supposed to take care of you.

It would be a good thing if we left some of our beaches and water-front land undeveloped.

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