Flood Insurance Program Closed; No Policies Until Senate Votes

March 1, 2010

  • March 1, 2010 at 11:35 am
    Xerxes says:
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    Good that they missed the deadline and did nothing and that Bunning finally grew a set. Again, maybe good will come of this. If they had just passed the bill as they usually do w/o consideration for how to pay for it, would we be having this robust debate?

  • March 1, 2010 at 11:36 am
    Fat Cat Republican Flood Agent says:
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    Let’s hope Obama still pays us hundreds of millions of dollars in bonuses like he did the banks and Wall Street.

  • March 1, 2010 at 11:36 am
    Nan says:
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    maybe if they put a scope or trigger on it they could have buried it in the defense funding bill.

  • March 1, 2010 at 11:39 am
    TX Agentman says:
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    Agreed with DS and Ins Girl. Normally I would be agreeing with Insurance Guy, but the thing is only responisble people pay for flood insurance. So now, if a flood happens, the flood victims are going to be crying for the government to pay for their house, so that premium that they were collecting on flood insurance won’t be coming in. I understand the Senator’s mindset, but he should have picked something else, because I beleive that not renewing the Flood Insurance Plan is more fiscally irresponsible. But I do have to give the senator props for having backbone and sticking up for his convictions.

  • March 1, 2010 at 11:55 am
    Birdman says:
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    They have now stopped the flow of premiums, even though they may be inadequate, and the responsible people buying flood insurance can no longer buy it. If a flood occurs, one would think that the premium paying folks would be serviced and those who don’t pay premium would be left “holding the bag.” A perfect example of this is the subject that just won’t go away, Hurricane Katrina. All of those people wanted, and many received, payments from FEMA for their property without ever paying a premium. It should be a rare occasion that a person collects from the government when there is insurance available. The congress should immediately reinstate the NFIP and for a lot longer period than one month.

  • March 1, 2010 at 11:58 am
    TX Agentman says:
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    You are 100% correct Birdman

  • March 1, 2010 at 11:58 am
    Xerxes says:
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    TX, when one does not have flood insurance and suffers a flood, why does the gov’t even get involved? Does the gov’t rebuild with no responsibility on the part of the homeowner to repay, ever? I thought in catastrophic flood situations the gov’t would step in, but for those w/o ins it is a loan and not a grant. Set me straight on this.

  • March 1, 2010 at 12:00 pm
    Tinkerbell says:
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    Birdman, and where do you think the money will come from to fund the program? There isn’t any money anywhere for any program.

  • March 1, 2010 at 12:03 pm
    matt says:
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    Let’s be clear, someone not up for re-election is causing a real dilemma for countless Americans, for no reason other than to spite the administration.

    They are NOT talking about a long term renewal of these programs. They’re talking about a 30-day extension to keep a huge mess from happening (which it is).

    This just goes to demonstrate how out of touch these GOP dinosaurs are and how much they could care less about the plight of “main street America” despite what they might vomit out of their face-mounted bungholes.

  • March 1, 2010 at 12:12 pm
    Xerxes says:
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    Matt, You are missing the main point. It comes down to taking baby steps to fix a broken system. We have to start some where. I again ask, if the bill had passed, do you think anything at all about the disfunctional system would change? Chances are, nothing will change now, but Bunning planted the seeds of dissent and maybe, just maybe, courage will slowly grow within those who agree with him but are afraid not to go with the status quo.



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