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Backlash over changes in flood insurance
A complex new federal insurance law is having so many unintended consequences that some of its original sponsors and backers are now trying to delay it.
It's not the Affordable Care Act.
It's not the Affordable Care Act.
The Hunt for Red October (film)
Ambassador Andrei Lysenko: There is another matter... one I'm reluctant to...
Dr. Jeffrey Pelt: Please.
Ambassador Andrei Lysenko: One of our submarines, an Alfa, was last reported in the area of the Grand Banks. We have not heard from her for some time.
Dr. Jeffrey Pelt: Andrei... you've lost another submarine?
8 comments:
From the article,
Rep. Maxine Waters, D-Los Angeles, who co-authored the bill, is now co-sponsoring a bill - the Homeowner Flood Insurance Affordability Act - that would delay premium increases for up to four years.
The immediate tip off that it will cost at least triple whatever was expected. Oh, sweet, delicious, irony. Maybe some day, Congress will learn that meddling has consequences. The Fed doesn't care as long as their stockholders are doing well.
Mr Slippery,
The immediate tip off that it will cost at least triple whatever was expected.
You have imagined the unimaginable!! And you did this by counterintuitively parsing the Act's name looking for signs of affordability? Amazing!!
"The Biggert-Waters legislation was designed to address a $24 billion deficit and ensure millions of American homeowners could continue to purchase flood insurance. But FEMA's poor implementation, inaccurate mapping and incomplete data has led to unreasonable and unimaginable increases in premiums," Waters said in a speech Nov. 8 in Louisiana.
Next you'll be imagining that the Patriot Act removes some of our freedoms and would therefore not be endorsed by our patriotic forefathers! Unimaginable!
Too much sarcasm? Never! ;)
SMark: be careful with your car. Ours had to be roadside-rescued today. Poor old thing.
dearieme,
Sorry to hear that!
My '96 doesn't see the road much. It has less than 90k miles, with half of that in the first 4 years or so.
The garage rang. The car is running again but it won't survive its safety tests next summer without a "huge" welding bill. Nowwhatdowedo?
We hardly ever buy or sell a car: we scarcely know how to go about it. What do they cost nowadays? Do local newspapers still carry ads? Can we buy a virtual car, or download one, or 3D print one?
dearieme,
Hey, it's been 17 years since I bought a car.
Perhaps you can get one through Amazon.com. If they deliver, I sure hope they ring your doorbell. Wouldn't want someone to take the package off the front steps before you're able to bring it in the house. It's been known to happen.
I wonder how many years it will be before we can use a 3D printer to make some gasoline to put in it? Patiently waiting! ;)
And lastly, what's a newspaper? It's been so many years since I've seen one. Someone leaves a roll of paper in a plastic casing on my driveway once a week. Never asked for it. I'd like to thank them for the free rubber band. I just don't understand why I need all that other stuff that goes with it. Perhaps they just want to make sure my recycling is full?
I know we have a local newspaper: I see it on the web every day.
dearieme,
Myths About Using Newspaper Bedding for Livestock
Newspaper is two to three times more absorbent than all other conventional beddings.
The online version, not so much.
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