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| -Signs, Portents, and the Weather- |
| God Is Telling Some Hurricane And Flood Victims ‘To Move,' GOP Rep Says |
| 2017-09-23 |
| [Daily Caller] GOP Rep. Jeb Hensarling wants U.S. residents living in flood plains to move elsewhere to protect themselves and save taxpayer dollars being spent rebuilding flooded houses, Hensarling told CNBC Thursday. Two hurricanes hit the southern coast of the United States last month, causing widespread flooding in parts of Texas and Florida. The disasters are draining funds from the National Flood Insurance Program (NFIP), which is already $23 billion in debt. "We have these repetitive loss properties," Hensarling told CNBC’s Squawk Box. "If all we do is force federal taxpayers to build the same home in the same fashion in the same location and expect a different result, we all know that is the classic definition of insanity." Hensarling described one Louisiana home that has been flooded more than 40 times, costing taxpayers nearly half a million dollars in repairs. "At some point, God is telling you to move," Hensarling said. |
| Posted by:Besoeker |
| #8 >mortgage interest write off for income tax Mainly creamed off by banks via higher house prices. #Ricardo'sLaw |
| Posted by: Bright Pebbles 2017-09-23 17:28 |
| #7 Most likely it was a (or more) really good scam artist(s) selling swamp bottom land as 'prime real estate' |
| Posted by: Seeking cure for ignorance 2017-09-23 12:02 |
| #6 Some have bought homes in prestigious water feature neighborhoods by lifestyle choice. Others are forced to rent below sea level (BSL) by life situation. In either case this guy is a dick(as so many of them are) for making light of the horrible choices forced on catastrophe victims. |
| Posted by: Skidmark 2017-09-23 11:29 |
| #5 The Old Shawneetown Bank. No one banks here anymore. The town moved away from the Ohio River, to a slighter higher elevation. Divine inspiration or smart banking practices? Who knows? |
| Posted by: Besoeker 2017-09-23 08:18 |
| #4 "At some point, God is telling you to move," Adam Smith made the same point about how much to spend on that house. If you can't afford to buy one, move elsewhere where you can. Drop the mortgage interest write off for income tax and watch some markets tumble. |
| Posted by: Procopius2k 2017-09-23 08:15 |
| #3 Short of living in a grounded houseboat attached to pilings I can't think why anyone would want to live where they are repetitively flooded. |
| Posted by: AlanC 2017-09-23 08:03 |
| #2 If you live on the railroad tracks, you better be prepared for the train, and have a house that can stand up to it. Frankly, you have better lives elsewhere than having this happen to you every 20 years. All of the Gulf of Mexico was carved using Billions of years of storms just like this. And most of you are squatters on volcanoes anyway. This does not end well. |
| Posted by: newc 2017-09-23 03:01 |
| #1 Make the home owner pay the damages after two strikes. See how long they stay then. |
| Posted by: Hupeting Sforza8196 2017-09-23 02:35 |