Sadly, once those poor people in NO get through this........

[Bonhomme Richard]

they will be screwed all over again by the insurance companies.

[okieinpain]

1. most of those poor souls don't have insurance. We're the one's

that are going to get screwed by the insurance companies.

sorry.

[tridim]

2. Yep, and they'll move on, selling their land to rich people

who can afford it. If anyone thinks NO will be rebuilt as a "poor" and diverse city, think again. The typical, poor NO residents will be displaced.

[TahitiNut]

9. Real estate speculators will swarm like dung flies.

Yep. :puke:

[iamjoy]

3. I Thought Of That

Most of the damange in NOLA is flooding. Well, most standard home owner's insurance policies don't cover flooding and if you live in a flood prone area, flood riders are very expensive (if you can get them). So, many of these people probably don't have flood insurance.

So, they lost everything and will get nothing. And the government will (hopefully) bail them out, but who knows.

A (Republican) friend of mine once said he didn't understand why the government bailed out people who didn't have proper insurance and then lost everything in a flood. He thought it would have made more sense for the government to help these people get flood insurance, even if it meant subsidizing it.

A smart and compassionate idea.

[jdlh8894]

7. Flood Insurance

In 1968, Congress created the National Flood Insurance Program (NFIP) in response to the rising cost of taxpayer funded disaster relief for flood victims and the increasing amount of damage caused by floods. The Mitigation Division a component of the Federal Emergency Management Agency (FEMA) manages the NFIP, and oversees the floodplain management and mapping components of the Program.

Nearly 20,000 communities across the United States and its territories participate in the NFIP by adopting and enforcing floodplain management ordinances to reduce future flood damage. In exchange, the NFIP makes Federally backed flood insurance available to homeowners, renters, and business owners in these communities.

[Bonhomme Richard]

4. I wasn't refering to poor as in money but......

you are right. Either way they are all screwed.

[MuseRider]

5. That has become

sadly the American way.

[elehhhhna]

6. Honey, when it comes insurance, we're ALL Louisianans, now.

[deutsey]

8. Just think when Louisiana National Guard return from Iraq

with cuts in veterans' benefits on top of the disaster some of them will return "home" to.

:evilfrown: