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Many Wisconsin Communities Dropped Federal Flood Insurance

Midwest News • June 17, 2008
About 50 Wisconsin communities, including flood-damaged Lake Delton and La Valle near the Wisconsin Dells resort area, have dropped out of the federal flood insurance program, making residents ...

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Subject: Wisconsin vs Louisiana

Posted On: June 18, 2008, 11:12 am CDT
Posted By: Madame Predictor
Comment:
Yeah, I know the article is about WI & not LA, but LA is a prime example of what can happen & how the federal government doles out funds to those that didn't take care of what they should have to begin with.

Alot of the folks that lived in LA were on a fixed or low income already & probably the govt paid out for section 8 housing for them & the property owners were the ones that were not taking care of what they needed to in order to protect their own assestts, but FEMA bailed them out & gave them $.

WI however is now given the option to wait until a catastrophic loss to buy the coverage - where was that option for LA?

I guess the FEMA $ can buy their post dated insurance now - so the taxpayers are still the ones that foot the bill for the ones that don't take care of it themselves.

I sure hope they will get something like that going nationwide as I bet there are a lot of folks that would opt out until it is a need & think about the $ they save in the mean time!
Subject Posted By Posted On
Wisconsin vs Louisiana Madame Predictor
Jun 18, 2008, 11:12 am
Wisconsin CLR
Jun 18, 2008, 11:04 am
RE: RE: RE: I see into the future & it looks... Madame, rethink it
Jun 18, 2008, 10:42 am
RE: RE: I see into the future & it looks... Madame Predictor
Jun 18, 2008, 10:25 am
RE: I see into the future & it looks... Saints Fan
Jun 18, 2008, 9:53 am
I see into the future & it looks... Madame Predictor
Jun 17, 2008, 2:54 pm
RE: RE: Why not opt out Why help them afterwards?
Jun 17, 2008, 1:56 pm
RE: Why not opt out MI INS GUY
Jun 17, 2008, 1:08 pm
Why not opt out Baxtor
Jun 17, 2008, 12:34 pm
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