Daniel Horowitz at Red State charts a path to the privatization of flood insurance. His piece actually encompasses other forms of government encroachment on freedom (and threats to governmental solvency), such as bailouts of private firms of various types, and farm subsidies, as well.
The whole thing is well worth reading.
No question about it, NFIP is a huge flop and a prime example of good intentions gone wrong. It was actually inteneded to lessen development in flood plains but actually increased it. Proper premiums were not charged either. Designed to provide an insurance alternative to disaster assistance it came to be used in addition to disaster assistance. Good intentions gone wrong. Why that's always been the prob, but our intentions, but our intentions were good back in the 60s. Wereb't they? What is a cradle Dem to do with these epiphanies, the war on Poverty irretrievably lost, Teddy in his grave, Evan lobbying for the Chamber of Commerce on the hill and James Webb now describing himself as only as a novelist?
ReplyDeleteThis questioning process is encouraging to witness.
ReplyDeleteYou see, lefties want to be judged on the nobility of their intentions, no matter what the real results of their policies are.
It's about time for you to read David Mamet's The Secret Knowledge.