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Not good enough

February 14, 2014

Rep. Thompson has declared the delay in flood insurance increases as a win for now....

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(36)

USABorn

Feb-16-14 10:18 AM

"Rep. Thompson has declared the delay in flood insurance increases as a win for now...."

The politicians backed the wrong bill. This merely kicks the problem on down the road. Marino's bill called for the REPEAL of B-W.

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Scott36

Feb-15-14 2:30 PM

LauriH,

Thank you for the kind post. I also am happy to you see you,& others on these boards that still remember what made this great nation so great--Americans working together. Not making enemies out of each other. Americans looking out for each other. Again Thank You, May you and your family Have a Safe, & wonderful day.-Scott

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LauriH

Feb-15-14 10:39 AM

Oops I meant to write some. I certainly don't need a grammar lesson today.

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LauriH

Feb-15-14 10:35 AM

Scott36, I could not agree more with what you said. I am glad to see others on this site who truely care about their neighbor and are able to show somw level of compassion for what others are facing in their lives. I attend church weekly and I am one that does not forget what I learned as soon as I leave the church as many seem to do. Having compassion has nothing to do with politics, either you have it or you don't.

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Ritty77

Feb-15-14 9:08 AM

Not subsidizing bad decisions would seem a prudent, fiscally responsible policy.

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Scott36

Feb-14-14 7:23 PM

Raise everyone's taxes to subsidize my bad decision or you will pay more in taxes.-eriklatranyi

As I have posted before, in one way or another we are all "intertwined"(in most cases). It is called civilization, being a society, or whatever else you would like to call it. This hurray for me, & the he11 with everyone else(Ayn Rand admirers) is pathetic, IMO.-Scott

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Scott36

Feb-14-14 7:16 PM

I'm glad to hear everyone made it home safe, enjoy your weekend and "Happy Valentine's Day".-BornHere

And a happy Valentines day to you!!! It is nice to see an "UP" post!! LauriH you also fit into this category, so a Happy Valentine to you also(if you happen to read this) To all, Be Safe, & Happy this weekend, & beyond!!!-Scott

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eriklatranyi

Feb-14-14 6:51 PM

Raise everyone's taxes to subsidize my bad decision or you will pay more in taxes.

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LauriH

Feb-14-14 4:40 PM

You do the same Bornhere. Stay warm and be careful I think I heard we are to get some more snow. Come on SPRING!!!

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BornHere

Feb-14-14 4:29 PM

I'm glad to hear everyone made it home safe, enjoy your weekend and "Happy Valentine's Day".

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enigma

Feb-14-14 3:24 PM

"...the GAO report notes, the NFIP was originally created in part because private insurers have been unwilling to insure against flood damage."

Imagine the GAO not getting it quite right. The NFIP was created because private insurance companies charged "too much" for flood insurance. Interestingly, that too much was small compared to what FEMA now wants for it. It's how insurance works. If you have dozens of car accidents, your car insurance will cost more and if your house gets flooded during every big storm, your flood insurance will cost more. What happened with the NFIP is that the government tried to get around that. It didn't work and now they have gone overboard the other way. It always happens when the government tries to interfere with our lives and our business. Had they just left it with private insurance, we wouldn't be having this discussion now.

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LauriH

Feb-14-14 2:51 PM

Bornhere, that explains what all the traffic was about this morning. I usually come down Hillside to Dewey and turn right towards Dunkin Donut and go down 4th street but traffic was backed up to the puff store, I went left and went up to High Street which was not any better, between the pot holes and piles of snow, and a minor fender bender. It normally takes me 7 mins to get to work today took almost 25. Hope all escaped injury.

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JerryfromRI

Feb-14-14 2:43 PM

No, I was already at the office by then but I did travel that exact stretch of 4th this morning and it was a total mess. Cars were stuck at the light heading west on 4th, they would stop at the light and then spin their tires and slide into the bank when the light turned.

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Scott36

Feb-14-14 2:19 PM

I wonder it the writer sees the folly in his argument. We have to spend income tax money to protect property tax revenue.-enigma

Look, like it or not, one way or another we are all in this together--in a way intertwined. The taxes will be raised on one home to make up for the loss on another. One way helps a homeowner, renter, etc. the other helps nobody. At times I get the feeling on these boards that some would rather stick rusty nails in their eyes than see one red cent go to helping a fellow American. Pitiful at best.-Scott

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BornHere

Feb-14-14 2:10 PM

Jerry or Lauri, did either one of you see the person who went into the "Welcome to Newberry" sign this morning at Fourth and Race Streets? A friend of mine heading to work stopped to help, she said they just slipped off of the road and went into the sign around 8:30, she said the street was really in bad shape.

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LauriH

Feb-14-14 11:07 AM

JerryfromRI, I agree 4th street was horrible, also Fox Hollow Rd, the back road to the high school is still snow and ice covered, but no school delay go figure.

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Steelman

Feb-14-14 10:02 AM

Water front property “priceless”

Underwater property “worthless”

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johnnyad3

Feb-14-14 9:27 AM

"two years from now, they may not act"

They do have a history of kicking the proverbial can down the road.

To keep your insurance manageable, fill in your basement if you have one and move appliances above flood levels. Elevate your house above BFE. Low interest loans should be provided to help with these suggestions.

If a person is not in a position to take out a loan to do this, have the government buy out the home at a reduced price but forgive the mortgage. That way it does not affect the credit rating allowing the person to buy another home instead of making that person go bankrupt.

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JerryfromRI

Feb-14-14 8:56 AM

A special shout out to the crew in charge of clearing 4th street this morning: "Thanks for an incredibly memorable ride to work".

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SteelerFan

Feb-14-14 8:39 AM

Cap: 'See: A private sector response to flood insurance mess -The Tampa Tribune'

Cap, I don't believe anything unless it comes from YouTube or the Huffington Post

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MrShaman

Feb-14-14 8:36 AM

"How far CAN THESE POLITICIANS push people who have done everything right all their life...." - MimLogue

*

"Things change."...."Stuff happens."...."There ARE no guarantees, in Life."

Doing "everything right" is a relative-concept...and, MOST mature-adults recognize that.

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MrShaman

Feb-14-14 8:28 AM

"should we be concerned about why others have to subsidize and thus reduce the cost for those who want to live in flood prone areas. Hisotrically, in such areas there were camps and cottages. Now elaborate homes. do they really belong there?" - idiottwo

*

I don't think it's so-much a matter of "belonging" there, as-much-as some peoples' willingness to "roll-the-dice", when developing a piece of property.

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MrShaman

Feb-14-14 8:25 AM

Shaman, Florida is now taking the steps to get the private sector back in to the Flood Insurance business.

See: A private sector response to flood insurance mess

*

"For many of these homeowners the private sector MAY be able to offer rates that more accurately reflect their risks that the federal program now is inflating."

*

That sounds an awful-lot like "Trust us."....'cause, that's as close to any (actual) details, in their "plan"; to-date.

I guess time-will-tell.

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Steelman

Feb-14-14 8:12 AM

We need to be proactive not reactive. Make low interest loans available to those in the low risk plains to secure their homes. Have those who are in the high-risk areas (mortgage or not) carry a flood insurance policy. Even if they have no insurance policy they will still be looking for assistance should an incident occur, so they need to have some sort of coverage.

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MimLogue

Feb-14-14 7:53 AM

like fema minus the stuidity and corruption

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