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originally posted by: carewemust
U.S. taxpayers covered 17% of recovery costs for Hurricanes before Katrina. Katrina hit U.S. taxpayers for 62% of the recovery cost. Sandy...a whopping 80%.
What percentage of hurricane recovery cost should U.S. taxpayers be on the hook for? Don't you think 62% and 80% is too high?
originally posted by: NightSkyeB4Dawn
a reply to: Aazadan
Well it really wouldn't be a company that the public would be funding.
The homeowners and the businesses have to pay for the reconstruction. The best they can hope for are low interest loans, which I don't think is unfair, since we keep bailing out banks and big businesses, because they are too big to fail.
It is only fair that the American people get some of their money back, because personally, I think they are too important to be left to drown.
Perhaps if the government made a truely concerted effort to find those trillions they so casually talk about, maybe, just maybe, this would not be as much of a problem as some people seem to think it is. youtu.be...
There will always be a disaster occurring somewhere. As Americans we have always been one of the first to step up to the plate to help. Hurricanes season comes every year it is true, but Florida has not been its main target with the last several years of hurricanes that developed.
They, like many other disasters, are difficult to predict and to accurately track.
Why stop at punishing Americans for where they choose to live? Why don't we stop helping everyone everywhere that lives in a area where a disaster or calamity strikes? Or better yet, why don't we offer exemption status to all those that want their tax dollars exempt from paying for a disaster recovery.
They can join the "I Don't Give A Damn About Anyone But Myself Club", and when their life gets turned upside down, due to a natural disaster, they can enjoy each other's company, while they bitch about how heartless those selfish Americans are.
Lightning, monsoons, cyclones, typhoons, sinkholes, sandstorms, wind storms, earthquakes, avalanches, ice storms, mudslides, volcanoes, forest fires, methane bursts, etc., etc., etc.
You can't hide from Mother Nature. Living and breathing is a risky business. Like they say, enjoy every second of every day given to you in the present, for it is truly a gift.
Published February 23, 2008
State Farm, the largest private insurance company in Florida, will stop writing new homeowner policies anywhere in the state, a company spokesman confirmed Friday.
State Farm has a significant presence in the Tampa Bay area with about 120,000 policyholders, or nearly one out of every five homeowners. The company's latest move won't directly affect those policyholders.
Florida’s insurance landscape is largely made up of smaller companies since the industry giants pulled out of the state years ago due to high risks they were unwilling to take and a challenging regulatory environment. Therefore, reinsurance will play a big part in the recovery efforts for Floridians over the coming months.
originally posted by: carewemust
a reply to: enlightenedservant
I was comparing Tennessee to Chicago, LOL.