This brings to ind a story that I barely remember about a town along the
Missippi River that was completely flooded one spring.
They took the insurance money, and moved the whole damn thing inland and up.
Bill Pearce
----- Original Message -----
From: "Joel Wilcox" <jfwilcox@xxxxxxxxx>
To: "Olympus Camera Discussion" <olympus@xxxxxxxxxxxxxxxxx>
Sent: Monday, March 30, 2009 9:54 AM
Subject: Re: [OM] Red River Valley
Chuck,
I've paid for flood insurance as long as I have lived where I live.
If you would like to campaign to get the US government out of the
business of subsidizing flood insurance, I will be happy to pay for
the privatized version of it. I'm sure I can get a good rate based on
a .2 % risk and my "survival record," plus I could probably negotiate
a higher or lower deductible. But the best part is that then I could
also organize private and class action law suits, currently not
allowed, against the DNR and various governmental agencies when I
consider that they have screwed up outflows from the reservoirs,
levees that I don't like, and that kind of thing, and get all those
private insurance lawyers involved. Please let me know how it goes so
I can start to think about how I want to spend all the settlement
money. So many public servants to sue, so little time.
Joel W.
On Sat, Mar 28, 2009 at 9:56 PM, Chuck Norcutt
<chucknorcutt@xxxxxxxxxxxxxxxx> wrote:
> I'm afraid I feel the same. And we perpetuate the situation by selling
> highly subsidized federal flood insurance into extremely high risk areas.
>
> Chuck Norcutt
>
> John Hudson wrote:
>> Choose to locate on a flood plain or in an area with a long history of
>> flooding problems and one should expect no symapthy when nature weighs
>> against them. The intelligent would locate to higher ground.
>>
>> Sorry ........... just my 2 bits wporth.
>>
>> jh
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