Subcommittee Chairman Favors 6 – 8 Year TRIA Extension
National News • April 27, 2007
In his opening statement as chair of a U.S. House of Representatives subcommittee considering extension of the Terrorism Risk Insurance Act (TRIA), Rep. Paul E. Kanjorski of Pennsylvania said he ...
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Subject: "There's no market for this"
Posted On: April 27, 2007, 8:41 pm CDT
Posted By: media mogul
Comment:
Come on all you "free" marketeers and acolytes of Milton Friedman! Let the "free market" decide. Don't go running to government to solve your problems.
Let's see, let's keep the windstorm exposure for ourselves, so we can use the scarce commodity in our supposedly "free" insurance market to prop up prices everywhere along the coast,where most people live these days--but let's go running to the government for flood (which we can use to deny legit windstorm claims) and for terrorism.
Give me a break! Bunch o' hypocrites. "Free" market without government intereference--no, it's all about political influence to use the government to distort and rig the market and rip off the customers. All the while talking about the benefits of the "free" market as somehow American and patriotic.
Disgusting!
Oh--and have a great weekend!
Subject: "There's no market for this"
Let's see, let's keep the windstorm exposure for ourselves, so we can use the scarce commodity in our supposedly "free" insurance market to prop up prices everywhere along the coast,where most people live these days--but let's go running to the government for flood (which we can use to deny legit windstorm claims) and for terrorism.
Give me a break! Bunch o' hypocrites. "Free" market without government intereference--no, it's all about political influence to use the government to distort and rig the market and rip off the customers. All the while talking about the benefits of the "free" market as somehow American and patriotic.
Disgusting!
Oh--and have a great weekend!