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Thursday, November 01, 2012

Why should taxpayers subsidize waterfront properties with taxpayer funded insurance?

LONG BEACH TOWNSHIP, N.J. -


Some environmentalists say New Jersey should consider not rebuilding everything lost to Superstorm Sandy.

U.S. Geological Survey scientist Jeffress Willliams says that rising sea levels and changing weather patterns make it likely that the coast will be hit by more frequent destructive storms.

He and other shoreline advocates say officials should consider restricting development to reduce the harm storms can do. They suggest relocating homes and businesses farther from the ocean, building more seawalls and keeping sand dunes high.

Gov. Chris Christie says the shore is too important not to rebuild. But he leaves the decision whether to build again to individual property owners.


Read more: http://www.myfoxdc.com/story/19973431/battered-nj-agonizes-over-whether-to-rebuild-shore#ixzz2AyfcFI1A

48 comments:

  1. Gov. Chris Christie says the shore is too important not to rebuild. But he leaves the decision whether to build again to individual property owners.

    If they are individual owners, then let them contract for non-subsidized insurance, based on the actual risk and at their cost.

    ReplyDelete
  2. jeeze louise, not hat-tips at the bar for a poor tater...

    Yeah, I found it amazing that the default position of FEMA is to provide money to homes and businesses flooded out by hurricanes and such. It takes the Coastal Resources Act to over-ride that default position by trying to set aside some areas from the long arm of the (subsidized, heavily subsidized) developers. Lunacy, but hey, what else would one expect from a political system dependent upon pork. Pork for individuals and pork businesses. Pork for all!

    This isn't to say the FEMA should be broken down to State and private parties, but, heck, end the subsidises folks.

    Romney gathering canned goods for the folks in New Jersey - laughable!

    ReplyDelete
    Replies
    1. What would have him say or do, oh wise one?

      Delete
    2. riiight, "ohhh maaan, your house got washed away in the storm? that is sad! - here, have some tuna, or would you prefer some canned peas!?"

      Delete
  3. Price gouging is a common occurrence during emergency situations. Retailers know that consumers who need products will be willing to pay more for them, and they take advantage.

    On October 29, New York Attorney General Eric Schneiderman issued an open letter to vendors reminding them that it is illegal to gouge prices during abnormal disruption of markets.

    ............

    New Jersey Governor Chris Christie sent out similar warnings. In New Jersey it is illegal to raise prices by more than 10% during an emergency.

    Despite these warnings, price gouging continues.


    Doris Shrugged ... Buck up Little Buckaroos ... And Quit your Whining

    ReplyDelete
  4. Christ almighty, how much is enough?

    It's a common complaint to say that there is too much money in politics, but as both presidential campaigns come into the final few days of the election season, we seem to have reached the point where there is now, actually, too much money in politics than even politics knows what to do with. And so now, the campaigns are essentially unloading campaign cash as if they've reached the climactic part in the plot arc of "Brewster's Millions."

    Most of the rush to unload cash on hand is being paced by Republican presidential hopeful Mitt Romney's campaign, which is now pumping all sorts of money into states that he is not likely to win, like Minnesota and Pennsylvania. There is some utility to the strategy -- money spent on ads in certain geographic areas of those states allow some bleed into the crucial state of Ohio, where there are probably no television ad spaces left to buy, unless the campaign wants to establish it's own pop-up television channel to tell lies about the auto bailout for the last few days. Additionally, the Romney campaign's decision to spend money in an illusory effort to "expand the map" in an investment of keeping its bluffer's strategy alive.

    All this in a "no new taxes - over my dead body - pry it from my cold dead hands" environment?

    ReplyDelete
  5. .

    I tend to agree, the city of New Orleans being the poster child for this. When the entire city is built next to the sea but most of it is also under sea level, you have to ask why would I rebuild there after I lose everything in a hurricane?

    I used to live on a flood plain until I didn't. In a previous house, after buying it, I learned it was on a flood plain and required federal flood insurance if I wanted any other kind of homeowners insurance. This was rather galling since I was miles away from the closest river which itself was no Mississippi. Admittedly, I could be complaining in ignorance. Because of the concrete being poured in the fast growing city, there were numerous retention basins scattered around to contain overrun during storms.

    I would have probably just grumbled rather than being pissed, except that after being on the flood plain for about eight years, a new government survey by the Corps of Engineers came through and magically I was no longer on a flood plane.

    The Great Lakes were formed by glaciers during the ice age. The 'scientists' tell us the earth is still decompressing from the great weight of that ice. Perhaps that explains it.

    Of course, there are political and commercial aspects and opportunities to every crisis. Themes such as fairness, history, race, class, greed all play a part in it. As noted yesterday by Rufus, Sandy will probably help Obama some due to the what the media says was a good response on the part of the government at all levels. As I pointed out, the rebuilding will also result in new jobs (at least temporary jobs). In a couple days Sandy created more jobs than Obama did in four years.

    When you are running for president, it does pay to have God on your side.

    :)

    .

    ReplyDelete
    Replies
    1. Here is the difference between Obama and Romney.

      Obama thinks he is God.

      Romney knows he is not, yet. But strives to become one.

      “As man now is, God once was; as God is now man may be.”
      Lorenzo Snow.

      The Prophet Joseph had spoken of it during the King Follett sermon.

      Delete
    2. .

      As above - So Below


      Rosecrucians

      Delete
    3. I dint do that Rosie Crushens gal, either.

      Delete
    4. .

      Of course, that depends on what the meaning of 'do' is.

      .

      Delete
  6. Let that fancy dancin' dang Ashole pay for his own dang waterfront digs. A golfer..putts a teeny little ball round, piss.

    Buck

    ReplyDelete
    Replies
    1. Well, Buckeroo, the way it is set up as of now, as long as I stay out of a CRA area I save 10k a year courtesy of the US government. Sweeet!

      Delete
    2. From a real estate agent:

      "There are different flood zones though out the area. If you are in a flood zone but outside of the CBRA then your flood can be as little as $428 a year if you buy a property for $185,000. "

      If you are in the CBRA (Coastal Barrier Resource Act) area then, if you can find insurance at all, you are looking at about 10k a year for 185k property.

      Delete
    3. My retired realtor knew a guy down there somewhere, New Orleans or along the coast, who had been flooded out three times, rebuilt by Unca every time.

      It is crazy.

      Delete
  7. Flailing, unfocused Obama campaign flails about, unfocused -

    http://hotair.com/archives/2012/11/01/new-romney-ad-secretary-of-business/

    Obammie wants a Secretary of Business at the last moment.

    Bwahahahahahahahaha

    ReplyDelete
    Replies
    1. That should read, Ocommie, not Obammie

      Delete
  8. That Barack boy is down to beggin' for five bucks from the bunkhouse boys. They ain't given him chewed steak bones, much less the ranch, or five bucks.

    Friend --

    We got outraised pretty badly in the first half of this past month by Mitt Romney and the Republicans, giving them a $45 million edge on us.

    We don't know what kind of impact it will have in the final days of a tight race, but we still have time to fight back and make sure it will not be a decisive factor in this election.

    Right now, I need you to make a donation of $5 or more to close the gap and finish strong.

    I know I've asked a lot of you.

    No matter how this ends, on Election Night I'll get up on stage and thank you for all the time and effort and hard-earned dollars you've put into this. But I also want to be able to tell our country that our hard work paid off, and that we will continue moving forward for four more years.

    Please donate $5 or more today:

    https://my.democrats.org/November

    Barack


    Buck

    ReplyDelete
    Replies
    1. .

      If it comes in too late to push us over the top on the campaign, rest assured it will go into the retirement fund.

      Every fiver helps.

      .

      Delete
    2. Which is better: to have a President whose campaign was financed by 150 Million $5.00 donations,

      or a President whose campaign was financed by a handful of "Unknown Billionaires?"

      Delete
    3. .

      Send me a sawbuck and you get a thank you card with my own official pre-printed signature.

      Send me a bill and you'll get a picture of me with the Heisman Trophy personally signed with my own official pre-printed signature.

      Send me a Cleveland or two and I will have Joe Biden call you up personally and say something obnoxious.

      .

      Delete
    4. Oh bullshit referring to Rufoid.

      Delete
    5. .

      I personally, based on the justification provided from Scalia et al, think that Citizens United was as much a matter of judicial activism as Roe v. Wade. The amounts of money being spent are ridiculous.

      However, at this point in time, it is events that will change minds not TV ads. I view the ads as a massive waste of money. That being said, as a progressive you should applaud it. Look at the billions of dollars being pumped into the economy.

      .

      Delete
    6. It ain't bullshit.

      Tomney is funded gy Chi-Com casinos in Macao.

      The money trail runs right throufh Sheldon Adelson

      Delete
    7. .

      Haven't you heard, rat? Justice Kennedy tells us in Citizens United that independent campaign expenditures “do not give rise to corruption or the appearance of corruption.”

      If SCOTUS says so, it must be true, right.

      ,

      Delete
  9. Erick Erickson (Diary) | November 1st, 2012 at 04:30 AM | 81



    We are less than a week from the election.

    At this point, I just want it over. I want my life back. I’m worn out. I am struggling to still care now that I have cast my absentee ballot.

    I think most Americans feel that way. The people of Ohio and Florida are begging for a return to TV ads for male enhancement drugs and self-lubricating catheters.

    ReplyDelete
  10. .

    Those 200 car backups in NY bring home the reality of what would happens if we had a country-wide emergancy that lasted for a while.

    .

    ReplyDelete
    Replies
    1. .

      200 car back-ups at gas stations that is.

      Although there are even bigger backups due to infrastructure damage.

      .

      Delete
    2. A couple of terrorist nukes, with the threat of more, and the cities are pure chaos.

      Delete
    3. .

      Yea, I understand it's real easy to go out and pick up a six-pack of nukes.

      .

      Delete
    4. Don't laugh. Listen to Dr. Bill Wattenberg. Scare you to some better sense. If you have the material, and the machine shop capacity of Las Vegas circa 1955, you can do it.

      Delete
    5. .

      Lord, Bob, you are a loon.

      .

      Delete
    6. .

      Maybe I was a little quick to call you a loon, this time, since I don't know much about Wattenberg. He may be a smart guy; however, even 'smart guys' can lose it when off the reservation.

      You tell me, wasn't he the guy who suggested (I forget the context) that we have troops patrol the streets to prevent crime and go into homes and confiscate weapons?

      .

      Delete
  11. Gots to LOVE the fact that NJ and NY are having gasoline lines...

    Vote Obama....

    lol...

    ReplyDelete
    Replies
    1. Teepee on Tensleep sound good now.

      Chief Plenty Coups

      Delete
    2. The Amish could care less about the gas lines. Maybe they will go into the buggy cab ride business, the fuckin' slackers, and get off welfare.

      Delete
  12. My loving wife, behind my back, after I told her to disremember my birthday, had taken the photo here, a favorite of mine, to Staples, a Bain company, and had it put on canvass.

    Modern biology shows an evolutionary transition from matter to mind that does not seem random or accidental but rather built into the script of nature. The natural teleology from nonliving matter to living things to contemplative minds is a vital clue that as nature progresses from the material to the immaterial, and from the perishable to the imperishable, so too may we. Like nature itself, we may be in a natural transition from living beings made up of matter to minds that are not subject to the limitations of matter.

    Life After Death
    Dinesh D'Souza

    If only my pic had the Bird of Spirit sitting atop my Tree of Life. I am still hoping for that opportunity. But maybe it had already flown.

    A symbol is a life enhancing energy releasing mechanism.....


    The Center of the World, Harney Peak, South Dakota, is back there somewhere.

    ReplyDelete
  13. Team Obama is scrapping the bottom of the barrel now. Just got a personal message from Madeleine Albright ! begging for - you guessed it - five bucks.

    ReplyDelete
  14. New Obamacare Tax Form Mandates Americans Report Personal Health ID Info to IRS...

    Looming Tax Hike Motivates Business Owners to Sell...

    President's Job Council Advisor Endorses Romney...

    Drudge

    ReplyDelete
  15. My wife and I climbed Devil's Tower on the way east -

    http://www.funzug.com/index.php/adventures/climbing-the-devils-tower.html

    :)

    ReplyDelete
  16. Out my way, Bob, hell of a climb.

    ReplyDelete
    Replies
    1. Wow, Bob, your computer skills are getting better - you can be Buck and Bob and post with a picture. Congrats!

      Delete
    2. Isn't that a nifty grill? Is got barbed wire on it, Ash.

      Delete
    3. Isn't that a nifty grill? Is got barbed wire on it, Ash.

      Delete