Friday, September 07, 2007

Finally some common sense out of Congress

Opposition grows in Congress to national disaster insurance fund -- South Florida No one forces people to live in hurricane country.
Taxpayers in other states should not subsidize Floridians, who choose to live in a high-risk state likely to get clobbered by hurricanes, said a Bush administration official and some Republicans in the House.
Insurance is NOT about shifting the risk to people who don't share it. Insurance is about people sharing the same risk, pooling resources to deal with that risk.

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