Industry Lines Up ‘Pro and Con’ on Bush Plan for Federal Insurance Regulator

March 31, 2008

  • March 31, 2008 at 2:57 am
    BIG Brother says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Howdy Ya’ll,
    I’m wid the Fedrl Gomment and A’m here to halp yu!
    And if you have any doubts, see the grand job I did on some Levees in the Bayou!

  • March 31, 2008 at 3:00 am
    Levees says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    The levees were constructed by the Army Corps of Engineers. Each levee (three IIRC) was to be maintained by a local (New Orleans) elected board with taxing authority. Mysteriously, in Louisiana no less, the tax money collected for levee maintenance DID NOT go to levee maintenance. The FEDERAL GOVERNMENT had nothing to do with the maintenance!

  • March 31, 2008 at 3:09 am
    George S says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Seems every time government touches an industry, it slows down and gets more expensive. Can you name something any government does really well? Thought they did a pretty fair job of collecting taxes. Yet a lot of folks dont pay any. How about we get the government more OUT of business than in.

  • March 31, 2008 at 3:10 am
    Gill Fin says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    because people living 20 feet below sea level didn’t buy flood insurance, I now
    have to pay for another level of federal
    beauracracy?

    Hey nervous – get a life.

  • March 31, 2008 at 3:14 am
    Scott says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    You’ve got the wrong enemy Nervous. 9/11, 4,000+ soldiers dead — Terrorists are to blame. A wrecked economy — hardly, here you’re just wrong. Over-inflated fuel prices — It’s a free world market, if your complaint is that the Federal tax is too high I agree otherwise your wrong again. Corruption, silent back-door dealings, and so on — not in politics, really? Give me a break.

    Read the article next time. This has little or no chance of passing through congress.

  • March 31, 2008 at 3:19 am
    Antoninus says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    It seems to me that Bush’s goal is to have a one world government and this is one step closer to that order as is the paronoia of global warming. It is all a rouse in the name of public protection to strip all non elitist of liberty and the pursuit of happiness. Philosofically, our fears of requisite consumer protection, lends one to relinquish his freedom for protection thereby creating a fertile field for the “MAFIOSO” manifesto of control to amass power and gain.

  • March 31, 2008 at 3:21 am
    BIG Brother says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    To Levees,

    Surely you must be wrong! You are telling me it was the fault of New Orleans and other local politicians that New Orleans was flooded by Katrina!!! I am truly shocked, SHOCKED, I tell you! I could have sworn it was widely reported to be the fault of the Federal Government, maybe even George Bush as commander in chief of the Army Corp of E… but you miss the point by being confused with “facts”.
    Don’t look for improvement by putting the Federal Government in charge of Insurance Regulation!

  • March 31, 2008 at 3:30 am
    media mogul says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Read Paul Krugman in the New York Times. He is no friend of deregulation and non-regulation for sure, but he points out this is just a false front put up so it seems like the righties are trying to regulate. The real plan is just to appear to be doing something about the problem and let continued market chaos develop because people with big capital and the right information (hint, hint, clue, clue!) can make a killing in times like these.

    Ain’t nothing gonna happen for now.

    295 days left….

  • March 31, 2008 at 4:43 am
    Here's Your Sign says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Do you hear yourself? Everyone has a hidden agenda even New York Times authors. It got you believing him…

    The Feds will triumph in this effort; mark my words.

  • March 31, 2008 at 5:10 am
    2muchgovt says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    According to the fact sheet, the recommendation is to:

    �� Create an Optional Federal Charter for Insurance to encourage a more
    competitive U.S. industry.

    Given the current stage, it’s doubtful Bush will have the opportunity to take this very far. The question is how will his predecessors respond to this proprosal of this kind.



Add a Comment

Your email address will not be published. Required fields are marked *

*