And, dear readers, you SHOULD be paying to rebuild those sand McMansions! Because the people who owned them are captains of industry, the elite, who employ a lot of people out of the goodness of their hearts, the job creators who believe they should be exempt from taxes!

Ron,

That’s the only thing John Deer sold that they wouldn’t stand behind.

http://tinyurl.com/c4d2b5u

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The Editorial Board

Don’t own a beach home? You’re paying to rebuild one.

11:11AM EST November 14. 2012 – After disasters such as Superstorm Sandy, the natural inclination is to do everything possible to help people struggling to rebuild their homes, businesses and lives.

But over the next couple of years, those good intentions will lead to a lot of foolish, even dangerous, decisions that will encourage people to rebuild in harm’s way. That’s why any recovery plan has to involve rebuilding smarter in some places and not rebuilding in others.

SNIP

A USA TODAY analysis in 2010 found 19,600 properties where multiple insurance claims resulted in payouts greater than the property’s value. One Mississippi home valued at $69,000 had been flooded 34 times since 1978, prompting insurance payouts of nearly 10 times its worth!

Nor is the program built to withstand the biggest disasters. In 2005, Hurricane Katrina and other storms drove the program $19 billion into debt, which it borrowed from the federal treasury. It still owes $17.8 billion to taxpayers. Now the program faces more than 100,000 new claims from Sandy, and payouts that could reach $7 billion. Chances that the money will be repaid to taxpayers: practically nil.

SNIP
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Comment by John Wilburn — November 15, 2012 @ 9:34 am

John,

Having grown up on a dairy farm, I had to learn how to operate the “honey wagon.” I don’t know if you know what that is, but SuzieQ impresses me as having great talent at operating a “honey wagon” if you know what I mean. She displays that talent daily on this blog.

“You don’t have to have a background in a particular field. If you did, none of the libs here could post about anything.”

And you have a backgound in what field again?

It’s call reading sources and posting facts, goober. You don’t have to have a background in a particular field. If you did, none of the libs here could post about anything.

The majority of big hurricanes to hit the northeast did so during the 1950s, an era in which there was global cooling. Ooops.

In other words, the MMGW loonies are wrong as always.