Post Flood Buyouts

Discussion in 'News, Current Events, and Politics' started by Pragmatist, Nov 26, 2019.

0/5, 0 votes

  1. Pragmatist

    Pragmatist Master Survivalist
      485/575

    Blog Posts:
    0
    https://www.insurancejournal.com/news/midwest/2019/11/26/549663.htm


    Good afternoon all,

    Per ...

    Sally; Is it that sad that lives and funds will be saved ?

    Article mentions former FEMA Administrator James Lee Witt. He was an Arkansas judge appointed by President Bill Clinton for the job. The judge had to appear before Congress at some hearing and said: "As we all know, disasters are very political events".

    Good news: The scavengers didn't get the mailbox.
     
    Pragmatist, Nov 26, 2019
    #1
    TMT Tactical likes this.
  2. TMT Tactical

    TMT Tactical The Great Lizard ! Staff Member
      510/575

    Blog Posts:
    0
    Well they got Climate Change into the article, so I guess they will get their grants. It is smart to buy out these disaster repeat properties. For those that don't want to sell, then no federal, state or county funds to rebuild after the next disaster. I do think the buy out is proper, since the government allowed these home owners to build in these disaster prone locations.
     
    TMT Tactical, Nov 26, 2019
    #2
    Caribou likes this.
  3. lonewolf

    lonewolf Societal Collapse Survivalist. Staff Member
      510/575

    Blog Posts:
    0
    why would anyone buy in a known flood prone area?
    a lot of people who have been flooded (in the UK) can no longer get insurance.
     
    lonewolf, Nov 27, 2019
    #3
    TMT Tactical and Caribou like this.
  4. Pragmatist

    Pragmatist Master Survivalist
      485/575

    Blog Posts:
    0
    Good morning Lonewolf.

    In reply;

    They buy and build on flood-prone areas because of governmental subsidies.

    It's not just the flooding places.

    Texas has the state government's coastal wind indemnity program. California subsidizes building on earthquake fault lines, ...

    Here in Hurricane Alley, public-subsidized real-estate, construction and insurance has much of the cost transferred to the public sector. President Trump is changing this. The real estate industry does not like him. The socialist citizenry do not like him.

    The lack of cyberspace precludes me continuing.

    Here in the US, the party's over.
     
    Pragmatist, Nov 27, 2019
    #4
    TMT Tactical likes this.
  5. lonewolf

    lonewolf Societal Collapse Survivalist. Staff Member
      510/575

    Blog Posts:
    0
    flood prone area are the last place I would want to buy, we refused several places before we moved here because of their close proximity to water that could flood but I suppose if one is in business its all about making money.
     
    lonewolf, Nov 27, 2019
    #5
    TMT Tactical likes this.
Loading...
Similar Threads Forum Date
Travelling Post Collapse. The Apocalypse Aug 29, 2021
Just Lost A Post Was Typing Up The Hangout Nov 17, 2020
Usps Introducing Biometrics At Some Post Offices News, Current Events, and Politics Nov 2, 2020
Preparing For Post-election Disturbances-seattle Example News, Current Events, and Politics Oct 26, 2020
Retail Companies Preparing For Post-election News, Current Events, and Politics Oct 21, 2020
Post-brexit; Who Needs Who(m) ? News, Current Events, and Politics Oct 20, 2020
Have I Missed Recent Sourdough Posts ? Alaska Oct 3, 2020
Black Brits Honored Via Post Boxes News, Current Events, and Politics Oct 2, 2020
Https://nypost.com/2020/09/15/lancaster-protesters -held-on-1-million-bail-after-alleged-riots/ News, Current Events, and Politics Sep 15, 2020
Article On Postal Voting News, Current Events, and Politics Sep 1, 2020

Share This Page