Ah yes. Those of us calling for a bit of fiscal responsibility in the form of not compensating people for property they did not own are, of course, "scrooges."
What a terribly socialist thing to say, Don.
Don Myers
· 4 years ago
"But many would rather die than go to those places," one gentleman replied. "Then let them die," said Scrooge, "and decrease the excess population."
ICallMasICM
· 4 years ago
'Which means that, of the 20,000 people that lived there, half did not own their home. Most of them could easily be relocated. '
Wha....? Where exactly would they be relocated to if their housing was destroyed? What about their jobs, schools so on? Relocated by whom and under what conditions?
WOOF
· 4 years ago
Just like other disasters, Hurricane Andrew, San Francisco Earthquake, the feds and the insurance companies will pump rivers of money into the area. There will be boom times. Insurance fraud will be the area sport. The insured will get all new stuff appliances rugs cameras tv's etc.insured property owners will have their buildings rebuilt and repaired. Cheap fed subsized loans for business. There will be lots of work. Renters won't get much of it. Some token to relocate/replace their household goods.
The Whistler
· 4 years ago
I think that New Orleans should get the same benefits that residents of Grand Forks received in 1997.
1. The city of Grand Forks received an $180,000,000 grant for infrastructure.
2. Citizens of Grand Forks received about $2000 per family and the chance for some low interest loans.
3. The Federal Government picked up the lions share of the permanent flood protection. Still Grand Forks and the State of North Dakota had to come up with $100,000,000 together to contribute.
4. There was a small number of smaller grants.
Put that together, multiply by 10 as New Orleans is 10 times bigger and adjust for inflation.
Isn't that fair?
likwidshoe
· 4 years ago
WOOF said, The insured will get all new stuff appliances rugs cameras tv's etc.insured property owners will have their buildings rebuilt and repaired. Cheap fed subsized loans for business. There will be lots of work. Renters won't get much of it.
There is such a thing as "renter's insurance".
The Whistler
· 4 years ago
Exactly why should the renters get $ to "rebuild" their houses.
All Comments
What a terribly socialist thing to say, Don.
Wha....? Where exactly would they be relocated to if their housing was destroyed? What about their jobs, schools so on? Relocated by whom and under what conditions?
There will be boom times.
Insurance fraud will be the area sport. The insured will get all new stuff appliances rugs cameras tv's etc.insured property owners will have their buildings rebuilt and repaired. Cheap fed subsized loans for business. There will be lots of work. Renters won't get much of it.
Some token to relocate/replace their household goods.
1. The city of Grand Forks received an $180,000,000 grant for infrastructure.
2. Citizens of Grand Forks received about $2000 per family and the chance for some low interest loans.
3. The Federal Government picked up the lions share of the permanent flood protection. Still Grand Forks and the State of North Dakota had to come up with $100,000,000 together to contribute.
4. There was a small number of smaller grants.
Put that together, multiply by 10 as New Orleans is 10 times bigger and adjust for inflation.
Isn't that fair?
There is such a thing as "renter's insurance".