Quote:
Originally Posted by 74-911
The thousands of homes you see being flooded are not vacation homes on the outer banks, most are the homes of hard-working Americans, many thousands of whom work in the petro-chemical industries. Somewhere between 25 and 30% of the total petrochemical industries in the US are located between Corpus and Beaumont/Port Arthur. Let's tell all those people no flood insurance is available and no help will be offered in your house is destroyed. Yes, there are people who take advantage of these programs and and changes need to be made to stop the abuses but the vast majority of the people whose lives are being destroyed are not in that category.
They just need help and only the govt. has the capability to help. If we go the way this thread leans.... welcome to Haiti...
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Ok, my example was not meant to include Harvey obviously...however, why should tax dollars be involved with anyone's home insurance?
If your home had once been flooded would you stay there...rebuild? Florida coast, the whole eastern and western coast, gulf coast gets Fed subsidy...why?
I know the vast majority of those in Texas are not in that category and....the op did not directly reference this disaster.
Take New Orleans and that area....many homes built below sea level....really?
If the Govt. does not provide flood insurance that is no reason to believe flood insurance will not be available.....it will simply not be Federally subsidized.
Tell me why the Govt. should subsidize home insurance...