Posted On: November 8, 2007, 9:15 am CST

Posted By: another guy named Rick

..Stabilization Program???

While we focus on a plan to regionalize cat risks on a voluntary (I hope) basis, the Treasury will be free to recharge depleated state reinsurance programs after cat losses. One question--where does the "loan" come from? Why, it comes from the US Treasury, filled with tax dollars collected from across the entire USA. Of course the Treasury could also just print more money.....and stoke the fires of inflation.(pretty dramatic, eh?)

While sitting through a Midwest winter, I am "warmed" by the knowledge that people in Florida/Tx/La/MS/Al etc will be able to rebuild on the coast.

BTW, I don't hate Hillary, however, for those of you old enough to have voted for Bill, do you not remember we elected them as a 'team'?? Was that not why Hillary was "appointed" to design and jam an ill conceived health care plan through a reluctant Congress? If you don't think she was sitting right next to Bill while the pardons were signed, you my friend are sadly mistaken.