and when the mandatory purchase requirement was implemented was passed in 73 the country had a (oh I’m sorry dem bashers)republican administration OPPS tricky dick was in the white house didn’t they say to him resign or be prosecuted any way you want it??
Not trying to ram some bill down Trillions of Americans throats, without…even asking for their approval or buy-in. What an arrogant group we have leading us. Something tells me that even the Roman Senate often criticized for not taking on the cause of the citizenry would not be this imperious.
Good point Concerned!
Federal funds are definitely needed to insure these folks who choose to live in flood zones who would not otherwise have access to insurance.
That was sarcasm…
Really?? You’re going to support gov’t intervention in this – but, not in providing health insurance for sick children?? Come on now – I don’t know you – but, I know that you’re better than that.
“Really?? You’re going to support gov’t intervention in this – but, not in providing health insurance for sick children?? Come on now – I don’t know you – but, I know that you’re better than that.”
Apparently, you aren’t. This is something that has am immediate impact on millions of families across the United States without bankrupting the entire nation, unlike the joke of a “health care reform” package leftist Democrats shoved down taxpayers’ collective throats. Clearly, liberals won’t waste any opportunity to shamefully politicize their socialist agenda.
Really, you think the flood program is adequately funded?!?
Gov’t involvement is gov’t involvement whether its the flood program or health care. And all in all, we are in deficit and continue to spend. Sticking up for one while bashing the other is not logical.
Besides you’re falling into the trap that both the Dem & Rep want you in if you are polarized against “each other” you’ll be too distracted to see how both “sides” are taking advantage of our current policital process.
Eliminate all political parties and institute single term limit for any elected position and lets get back to our civil servants running the country and not running a re-election campaign.
Sorry, got off track. Gov’t run does not work. Regardless if it is supported by Dems or Reps.
Free American – I agree with you that the gov’t does need to do something to help out these poor folks who chose to live in a flood zone. I also know that they’ll charge a reasonable premium for it. It’s a lot like the public option for health insurance could work to provide an option to the folks who are tougher to insure.
Also, this bill was only force fed to dullards like you who choose to politicize everything. Get over it my man – you lost this fight and the results will only make the world a better place for most and probably will have little effect on you.
If only you could be a little more like your Namesake Thomas Paine and invoke some “Common Sense”.
Flood insurance currently is not available in the public marketplace… yes, guess who took that away too.
If the Federal Gov’t is going to take over a program,it cannot just leave it hanging. w/o offering millions of individuals all over the country in flood plains that they are not even aware of, some sort of recourse to take care of themselves… Yes take care of themselves. Many would if they could. So you want to give this same Gov’t the power to administer everyone’s healthcare? REALLY? What happens when they need to go on a Spring break a few years from now and leave a nation hanging w/o healthcare. Very sensible.
As a resident of Missouri who was damaged severely in 1993 by flooding I take exception to the wording of “choose” to live in a flood zone. Most of the people flooded in 1993 did not live in a flood zone. Many had property ruined that have been in their family for 100+ years, especially Southern Illinois. With development and buildings being built in areas where they should not, the flow of rivers have been changed and water diverted will go somewhere else.
EVERYONE is in a flood zone. The question is whether it is low, medium, or high risk. But you ARE in a flood zone. Sorry to be technical but people saying they don’t live is a flood zone irritates me.
Sounds like a reasonable idea. The problem, as I understand it, is that there is not enough money coming in to cover the losses, and no company wants to write it on a stand alone basis because they will not make enough to cover the losses. It’s not viable.
What if we make it like auto insurance? You need insurance to drive your car, so why not Flood insurance in order to own a building? Make it a flat rate per thousand with a minimum percentage of your building required to be insured, say a small percentage like 5%. If you don’t want to pay for coverage then only pay the minimum; if you want full coverage, then pay for it. Get everyone to chip in so that there is some substance to the program. This can be government run or instituted by insurance companies.
Why not make it entirely a free market operation? Let the mortgage holders decide if the home owner needs flood insurance. For those who live in ultra low risk areas, it would cost pennies per year. For someone who lives on the banks of the Red River, the premiums might be hundreds or thousands per year. Er, isn’t that how insurance is supposed to work?
Obviously there are only a couple people like Astounded and You and me astounded who have a CLUE of what they’re talking about when it comes to flood insurance. If the rest of you are going to comment on zones and premium fitting zones get educated first before you compare earthquake and endorsements on homeowners for flood coverage. Check out A zones and V zones and then look at Z,C and X zones. Otherwise, put a lid on it and find out what zones YOU’RE in.
Good luck to all those insureds with a closing in the next 2 weeks. They’ll probably need it.
Hope that the next extension is for a year, as odds are if this 1-month thing continues, it’ll likely keep repeating itself ad nauseum through the summer with the occasional lapse. Can we say “hurricane season” with no flood insurance?
How ’bout letting people build where they want, whether it’s hazardous or not, with NO government money (OUR money!) to insure them on their poor building choices.
Insurance companies won’t write the risk because they know better. Why does the Federal government think it’s a good idea?
If there were no NFIP to insure the risk, banks would not lend for building in flood prone areas. People probably would not lay out their own money to build there, and the problem would go away.
The way to control Federal spending is to stop Federal spending on stupid programs!
I would have to disagree with you there. All of the USA can flood. If it rains there, it can flood there. Now there are some people that build in areas that are high risk for flooding, and thats where I see where you are coming from. Now that being said, I think the government should get out of the flood insurance business. I think the private sector could do a much better job then the government has been.
There is no need to call me a dope! I was merely suggesting Congress try to model the NFIP after the CEA and prevent NFIP from having to be reauthorized all the time. The NFIP should be considered a standalone program and not be tied to other government programs/authorizations. The NFIP is here to stay so let’s make it “permanent” and save everyone the hassle of “reauthorizations.”
BigB – sweetie – there is in fact a flood zone Z. Back to flood 101 for you!
Z Area of Unknown Flood Hazard An area of Data Discrepancy or an Unclaimed Area. Internal TFHC designation
FEMA pay’s the insurance industry $ .71 cents of every dollar in premiums it collects.
One Congressman called the NFIP “the worse federal program he has ever seen”.
The NFIP has paid out only $11.6 billion dollars in claims since 1978.
The NFIP owes the US Treasury 20 billion dollar.
FEMA has been unwilling to correct bad data used in new flood maps.
The NFIP puts the burden on the tax payers to correct bad data used for this new insurance maps.
Let’s stop this waste.
Let’s help balance the budget.
Let’s cut this wasteful federal program.
Tell your Congressman and Senators not to fund the NFIP.
Well, before we ask that Congress cut off NFIP, we need to find another way to get flood coverage on homes. We can’t just say “This doesn’t work so we are stopping it, but we do not have anything to replace it with”. I agree that we need to stop the NFIP, but only after we find and try another option first.
All we need is a penny tax (1 cent) on every tangible item purchased each day every day of the week, regardless of the items value (i.e a candy bar or a 2011 Corvette, all year except Christmas.
This will more then pay for free, high quality health care (including providing grants and loans for more people to enter the profession), long term care, disability income, and catastrophic insurance for named perils such as flood, hurricane, earthquake, land slide, and volcanic eruption.
You won’t even need a mandate or law to require people to purchase any of it . You simply just have it by legal American citizenship.
Sounds good in theory, but how can you charge the tax if there is no record for the purchase of an item? Say I sell you an old book I have and you pay me cash. How will there be a tax on it if there is no record of it? And yes, we do buy a LOT of stuff everyday, but we would have to see how much it would bring in vs how much is paid out in medical every day. How many people will then rush to the hospital when they have a case of the sniffles because “Hey, I don’t have to pay for it”.
But you are thinking and bringing new ideas to the table, which is a good thing.
It is recorded the same way we pay for local sales tax now. It shows up on my receipt every time. Go figure.
As for the bartering or hand shake purchases (i.e. old book). This will remain our freedom. You don’t exchange title for books and things of that nature when it passes from one individual to the next.
And a half cent tax for the best education and research (i.e. Science and Technology, conservation and exploration).
Intruducing apprenticeships for certain trades at much earlier ages. Hands on learning with well equiped learning environments.
End the ADHD delima of our society and get kids the 1 on 1 learning they need. Get our kids off dope that does nothing more but control their behavior and conform them to a pen and paper in the class room (closed off from the world).
We are already paying taxes for Nat Defense thru our normal Fed taxes. I would be interested in seeing if it is fiscally possible to do what Squire is suggesting. If we charge 1 cent for every item purchased in a store, if that would cover all the medical. But there would be two other things that would need to be addressed. If there is a surplus on that cent tax, where would it go? How could we prove that the surplus is being spent (or not being spent, depending on what the American people deside is best) on what its allocated for? And to address medical for illegal’s, would they have to show proof of citizenship before they could get treatment? I don’t see how that would be ethical. If they are bleeding to death, they have to have medical treatment, regardless if they have a means to pay or not. Yea, they broke the law and are here illegally, but they are still people none the less. Man that sounded really liberal. I think I need a shower now, I feel dirty.
.71 cents of every dollar goes to the insurance industry.
.01 cent goes to future emergency fund.
That’s .80 cents gone before any claims are paid.
This program only helps the insurance industry.
They are using the increase in policies to pay back the 20 billion dollar note to the treasury.
In assents’ they are using your money to paid you back.
The goose that laid the golden egg….fema
Let’s stop this waste.
Let’s help balance the budget.
Let’s cut this wasteful federal program.
Tell your Congressman and Senators not to fund the NFIP.
Great idea stop funding for a broken system before coming up with a better one first. Don’t get me wrong I abhor my tax dollars going to rebuild homes for ppl without good sense to move out of an area tha habitually floods, but unless there is some kind of solution is able to be pick up where this one leaves off will only make it more expensive.
As a retired disable veteran I constantly face delays in our governments policies and procedures. It always amazes me how we can afford to pay our congressmen and senators to sit in judgement of issues that have been passed in the past and delay re-passing in the future, same issue same problem. Flood insurance is needed whether its today or next year. To waste our (meaning me) time and money while they argue about the same issue is simply a waste of valuable time and effort. Time and effort that should be used to address such issues as the homeless and starving people in our own country. Where are your priorities congress? Stop harping on day to day issues that have once been already decided. There are far greater issues that need resolving than what you are just killing time with a flood issue. You were voted into office by the people of this great country now urn your money and stop wasting my time.
maybe YOU should learn at least learn what the flood zones are called what the designations are!! zone Z !?! please
and when the mandatory purchase requirement was implemented was passed in 73 the country had a (oh I’m sorry dem bashers)republican administration OPPS tricky dick was in the white house didn’t they say to him resign or be prosecuted any way you want it??
Not trying to ram some bill down Trillions of Americans throats, without…even asking for their approval or buy-in. What an arrogant group we have leading us. Something tells me that even the Roman Senate often criticized for not taking on the cause of the citizenry would not be this imperious.
Good point Concerned!
Federal funds are definitely needed to insure these folks who choose to live in flood zones who would not otherwise have access to insurance.
That was sarcasm…
Really?? You’re going to support gov’t intervention in this – but, not in providing health insurance for sick children?? Come on now – I don’t know you – but, I know that you’re better than that.
“Really?? You’re going to support gov’t intervention in this – but, not in providing health insurance for sick children?? Come on now – I don’t know you – but, I know that you’re better than that.”
Apparently, you aren’t. This is something that has am immediate impact on millions of families across the United States without bankrupting the entire nation, unlike the joke of a “health care reform” package leftist Democrats shoved down taxpayers’ collective throats. Clearly, liberals won’t waste any opportunity to shamefully politicize their socialist agenda.
…to make the NFIP a stand alone program like the California Earthquake Authority. If California can do it, why can’t Uncle Sam?
Really, you think the flood program is adequately funded?!?
Gov’t involvement is gov’t involvement whether its the flood program or health care. And all in all, we are in deficit and continue to spend. Sticking up for one while bashing the other is not logical.
Besides you’re falling into the trap that both the Dem & Rep want you in if you are polarized against “each other” you’ll be too distracted to see how both “sides” are taking advantage of our current policital process.
Eliminate all political parties and institute single term limit for any elected position and lets get back to our civil servants running the country and not running a re-election campaign.
Sorry, got off track. Gov’t run does not work. Regardless if it is supported by Dems or Reps.
Free American – I agree with you that the gov’t does need to do something to help out these poor folks who chose to live in a flood zone. I also know that they’ll charge a reasonable premium for it. It’s a lot like the public option for health insurance could work to provide an option to the folks who are tougher to insure.
Also, this bill was only force fed to dullards like you who choose to politicize everything. Get over it my man – you lost this fight and the results will only make the world a better place for most and probably will have little effect on you.
If only you could be a little more like your Namesake Thomas Paine and invoke some “Common Sense”.
Flood insurance currently is not available in the public marketplace… yes, guess who took that away too.
If the Federal Gov’t is going to take over a program,it cannot just leave it hanging. w/o offering millions of individuals all over the country in flood plains that they are not even aware of, some sort of recourse to take care of themselves… Yes take care of themselves. Many would if they could. So you want to give this same Gov’t the power to administer everyone’s healthcare? REALLY? What happens when they need to go on a Spring break a few years from now and leave a nation hanging w/o healthcare. Very sensible.
As a resident of Missouri who was damaged severely in 1993 by flooding I take exception to the wording of “choose” to live in a flood zone. Most of the people flooded in 1993 did not live in a flood zone. Many had property ruined that have been in their family for 100+ years, especially Southern Illinois. With development and buildings being built in areas where they should not, the flow of rivers have been changed and water diverted will go somewhere else.
EVERYONE is in a flood zone. The question is whether it is low, medium, or high risk. But you ARE in a flood zone. Sorry to be technical but people saying they don’t live is a flood zone irritates me.
Sounds like a reasonable idea. The problem, as I understand it, is that there is not enough money coming in to cover the losses, and no company wants to write it on a stand alone basis because they will not make enough to cover the losses. It’s not viable.
What if we make it like auto insurance? You need insurance to drive your car, so why not Flood insurance in order to own a building? Make it a flat rate per thousand with a minimum percentage of your building required to be insured, say a small percentage like 5%. If you don’t want to pay for coverage then only pay the minimum; if you want full coverage, then pay for it. Get everyone to chip in so that there is some substance to the program. This can be government run or instituted by insurance companies.
You are correct & if more attention was paid to educating people about what kind of flood zone they were in, it would be a lot easier.
There is a thought. Maybe make a high risk pool for flood like they have for auto. and to address CA Agent, well, Cali is bankrupt, thats why.
Why not make it entirely a free market operation? Let the mortgage holders decide if the home owner needs flood insurance. For those who live in ultra low risk areas, it would cost pennies per year. For someone who lives on the banks of the Red River, the premiums might be hundreds or thousands per year. Er, isn’t that how insurance is supposed to work?
Why not do the insurance like Earthquake insurance? That makes the most sense.
Costa Rica
Obviously there are only a couple people like Astounded and You and me astounded who have a CLUE of what they’re talking about when it comes to flood insurance. If the rest of you are going to comment on zones and premium fitting zones get educated first before you compare earthquake and endorsements on homeowners for flood coverage. Check out A zones and V zones and then look at Z,C and X zones. Otherwise, put a lid on it and find out what zones YOU’RE in.
Good luck to all those insureds with a closing in the next 2 weeks. They’ll probably need it.
Hope that the next extension is for a year, as odds are if this 1-month thing continues, it’ll likely keep repeating itself ad nauseum through the summer with the occasional lapse. Can we say “hurricane season” with no flood insurance?
How ’bout letting people build where they want, whether it’s hazardous or not, with NO government money (OUR money!) to insure them on their poor building choices.
Insurance companies won’t write the risk because they know better. Why does the Federal government think it’s a good idea?
If there were no NFIP to insure the risk, banks would not lend for building in flood prone areas. People probably would not lay out their own money to build there, and the problem would go away.
The way to control Federal spending is to stop Federal spending on stupid programs!
I would have to disagree with you there. All of the USA can flood. If it rains there, it can flood there. Now there are some people that build in areas that are high risk for flooding, and thats where I see where you are coming from. Now that being said, I think the government should get out of the flood insurance business. I think the private sector could do a much better job then the government has been.
The Federal Gov’t (which is us taxpayers) got involved because the insurance companies wanted out. Get it?
There is no need to call me a dope! I was merely suggesting Congress try to model the NFIP after the CEA and prevent NFIP from having to be reauthorized all the time. The NFIP should be considered a standalone program and not be tied to other government programs/authorizations. The NFIP is here to stay so let’s make it “permanent” and save everyone the hassle of “reauthorizations.”
BigB – sweetie – there is in fact a flood zone Z. Back to flood 101 for you!
Z Area of Unknown Flood Hazard An area of Data Discrepancy or an Unclaimed Area. Internal TFHC designation
FEMA pay’s the insurance industry $ .71 cents of every dollar in premiums it collects.
One Congressman called the NFIP “the worse federal program he has ever seen”.
The NFIP has paid out only $11.6 billion dollars in claims since 1978.
The NFIP owes the US Treasury 20 billion dollar.
FEMA has been unwilling to correct bad data used in new flood maps.
The NFIP puts the burden on the tax payers to correct bad data used for this new insurance maps.
Let’s stop this waste.
Let’s help balance the budget.
Let’s cut this wasteful federal program.
Tell your Congressman and Senators not to fund the NFIP.
Stop the National Flood Insurance Program.
Pretty concerning.
Well, before we ask that Congress cut off NFIP, we need to find another way to get flood coverage on homes. We can’t just say “This doesn’t work so we are stopping it, but we do not have anything to replace it with”. I agree that we need to stop the NFIP, but only after we find and try another option first.
All we need is a penny tax (1 cent) on every tangible item purchased each day every day of the week, regardless of the items value (i.e a candy bar or a 2011 Corvette, all year except Christmas.
This will more then pay for free, high quality health care (including providing grants and loans for more people to enter the profession), long term care, disability income, and catastrophic insurance for named perils such as flood, hurricane, earthquake, land slide, and volcanic eruption.
You won’t even need a mandate or law to require people to purchase any of it . You simply just have it by legal American citizenship.
Sounds good in theory, but how can you charge the tax if there is no record for the purchase of an item? Say I sell you an old book I have and you pay me cash. How will there be a tax on it if there is no record of it? And yes, we do buy a LOT of stuff everyday, but we would have to see how much it would bring in vs how much is paid out in medical every day. How many people will then rush to the hospital when they have a case of the sniffles because “Hey, I don’t have to pay for it”.
But you are thinking and bringing new ideas to the table, which is a good thing.
It is recorded the same way we pay for local sales tax now. It shows up on my receipt every time. Go figure.
As for the bartering or hand shake purchases (i.e. old book). This will remain our freedom. You don’t exchange title for books and things of that nature when it passes from one individual to the next.
We will nee a half cent tax for our national and local security.
We shall feed our army.
And a half cent tax for the best education and research (i.e. Science and Technology, conservation and exploration).
Intruducing apprenticeships for certain trades at much earlier ages. Hands on learning with well equiped learning environments.
End the ADHD delima of our society and get kids the 1 on 1 learning they need. Get our kids off dope that does nothing more but control their behavior and conform them to a pen and paper in the class room (closed off from the world).
We are already paying taxes for Nat Defense thru our normal Fed taxes. I would be interested in seeing if it is fiscally possible to do what Squire is suggesting. If we charge 1 cent for every item purchased in a store, if that would cover all the medical. But there would be two other things that would need to be addressed. If there is a surplus on that cent tax, where would it go? How could we prove that the surplus is being spent (or not being spent, depending on what the American people deside is best) on what its allocated for? And to address medical for illegal’s, would they have to show proof of citizenship before they could get treatment? I don’t see how that would be ethical. If they are bleeding to death, they have to have medical treatment, regardless if they have a means to pay or not. Yea, they broke the law and are here illegally, but they are still people none the less. Man that sounded really liberal. I think I need a shower now, I feel dirty.
.71 cents of every dollar goes to the insurance industry.
.01 cent goes to future emergency fund.
That’s .80 cents gone before any claims are paid.
This program only helps the insurance industry.
They are using the increase in policies to pay back the 20 billion dollar note to the treasury.
In assents’ they are using your money to paid you back.
The goose that laid the golden egg….fema
Let’s stop this waste.
Let’s help balance the budget.
Let’s cut this wasteful federal program.
Tell your Congressman and Senators not to fund the NFIP.
Stop the National Flood Insurance Program.
Great idea stop funding for a broken system before coming up with a better one first. Don’t get me wrong I abhor my tax dollars going to rebuild homes for ppl without good sense to move out of an area tha habitually floods, but unless there is some kind of solution is able to be pick up where this one leaves off will only make it more expensive.
you said-Great idea stop funding for a broken system before coming up with a better one first.
Come up with a better system..
For who the insurance and real estate industry.
How about the people that have to pay for this screwed up program?
Yes, it will work. That simple.
As a retired disable veteran I constantly face delays in our governments policies and procedures. It always amazes me how we can afford to pay our congressmen and senators to sit in judgement of issues that have been passed in the past and delay re-passing in the future, same issue same problem. Flood insurance is needed whether its today or next year. To waste our (meaning me) time and money while they argue about the same issue is simply a waste of valuable time and effort. Time and effort that should be used to address such issues as the homeless and starving people in our own country. Where are your priorities congress? Stop harping on day to day issues that have once been already decided. There are far greater issues that need resolving than what you are just killing time with a flood issue. You were voted into office by the people of this great country now urn your money and stop wasting my time.