Senate to Consider Restarting Flood Insurance Program Today

April 12, 2010

  • April 12, 2010 at 10:09 am
    Sarah says:
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    Before Obama we would waste a few Billions now its TRILLIONS. Something has got to give.

  • April 12, 2010 at 10:42 am
    JR says:
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    Congress and their 17% approval rating let the Flood Program lapse without taking action and may not do anything for a while. Flood Insurance is a needed coverage, especially in the Spring. We can spend over a year doing Healthcare that we didn’t want and let Flood Insurance languish. Why not use the Stimulus money to fund this program? Too difficult according to the pinheads.

  • April 12, 2010 at 11:12 am
    News Reader says:
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    Well if we’re going to go down burning, we might as well enjoy our front row seats.

  • April 12, 2010 at 11:22 am
    JR says:
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    I, for one am not enjoying my front row seat watching this Congress and Administration turn this country into a Socialist State. Maybe Obama will just issue an executive order and cut a check to everyone who didn’t have Flood Insurance due to Congress inaction. This would only apply to registered Democrats.

  • April 12, 2010 at 11:30 am
    bob says:
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    you complain about becoming a socialist state, but you advocate a federal agency selling insurance? get real. eliminate the fed flood program. if there is a need, it can be filled by private enterprise.

  • April 12, 2010 at 11:42 am
    JR says:
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    If Private Enterprise could handle Flood exposure, they would have. Floods are far more devastating than the isolated Tornado’s or Hail damage. The insurance industry would be put out of business if they were underwriting flood on their own. Katrina is a very good example. Get real man.

  • April 12, 2010 at 12:19 pm
    Me says:
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    Yeah-what he said. The working tax paying people will keep paying for it instead! How many people in Katrina do you really think had flood insurance JR- You be real man. Maybe it should be a State thing like the automobile insurance I absolutely have to buy,no matter where I live.

  • April 12, 2010 at 12:35 pm
    Realist says:
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    Me- it’s the priorties of this Democrat regime that make no sense.

    Besides, having/driving a car is a privilege not a right. Do you need further explanation?

    Like Ron Paul said, how would you like it if your Government made all children attend Public Schools, no more Private Schools, no more home schooling? That’s what Health Care is.

    Bye bye Capitalism.

  • April 12, 2010 at 12:56 pm
    Me says:
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    having a house in a flood zone that keeps getting flooded over and over and over. Is this a right?
    How about having this house flooded and rebuilding this house in the same area over and over and over even though you have never bought flood insurance. Is this a right?

    Their privilege is having someone else pay for them to rebuild in a flood zone.

    The owners of these properties have choices where to live. I don’t choose to have to pay for their properties over and over again but I have not choice do I. Get it out of the Federal Government. Close the program.

  • April 12, 2010 at 2:21 am
    bob says:
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    you and I are right; JR (and all buyers of Federal Flood ins) has his hand out for those socialist programs he rails against.how did America survive for around 175 years before FEMA? very well, thank you. then the socialist programs began in earnest – – -.

  • April 12, 2010 at 2:58 am
    JR says:
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    Hey Bob. Guess what! People that buy Flood Insurance have to pay a premium for it. It can be expensive depending on where you live and is a requirement of the lending institutions to make a loan for the customer. I am not a big fan of FEMA or National Flood Insurance Program because they are bureaucracies, but when there is one of these 100 year floods in an area like what happened in Rhode Island a few weeks ago, it really didn’t matter whether you lived next to a river or not. The Flood Program is intended to cover the major catastrophies since the industry can’t handle it.

  • April 13, 2010 at 9:40 am
    BME says:
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    It amazes me that getting the flood insurance program reinstated is not being classified as an urgent matter. The housing recovery is fragile at best and the fact that no purchase loans can close in areas that require flood insurance is ridiculous. Washington needs to address this matter yesterday and get it resolved without a bunch of debate and pork added to the bill!

  • April 13, 2010 at 10:36 am
    DLR says:
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    Maybe I don’t remember my high school civic, but why does this have to be attached to the unemployment bill. Is this matter not important enough to stand on its own merit.

  • April 13, 2010 at 11:29 am
    d says:
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    as far as I am concerned this is a typical male pissing contest how the hell can a necessary bill just be put on the back burner I dont want to have to pay for someones elses mess but as someone said earlier its their choose to move same saying goes to the complainers you dont have to live in the US

  • April 13, 2010 at 11:35 am
    JR says:
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    DLR, don’t you realize this is how the government works now? They just make it up as they go, don’t read it, don’t know how they will fund it and then pass it and think it will be solved. Then it expires and the process starts all over again. Can’t wait until November and we can change them all out.

  • April 13, 2010 at 11:51 am
    Jerry says:
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    Mr Colburn,
    You don’t have a clue what your causing to the American public. It would make sence to me if you stopped selling flood insurance on new construction. On existing property you already have insurance policies in place. I’m just 1 person and I know you don’t care but, you and your big goverment will have a payday coming to you.

  • April 13, 2010 at 12:07 pm
    Ratemaker says:
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    No, DLR, it’s TOO important to stand on its own. It’s so important that whoever writes the legislation has to load it down with so much extraneous pork-barrel projects and partisan objectives, just to attach them to a must-pass bill.

    Then, when your opposition complains about the extraneous stuff, you can blast them for holding up the “important part.”

  • April 14, 2010 at 12:08 pm
    kay says:
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    I live near the Gulf Coast and am required by my lender to carry Flood Ins. I have sold my home that I have been trying to sell for over a year because I am downsizing because of the economy. Now I can not sell my home because the buyer can not obtain lender required flood insurance. By the way I pay $1036.00 for flood ins per year. I received no -0- benefits from Ike either. I was out over $3000 from Ike and received nothing. So nobody is giving me anything. Sad that Flood Ins isn’t important enough to stand on its on w/o other stuff attached.

  • April 13, 2010 at 12:10 pm
    BME says:
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    Bingo! That is Washington DC, sad to say.

  • April 13, 2010 at 1:33 am
    JR says:
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    And they wonder why the Tea Party has risen and growing daily which is dedicated to throwing these bums out on the street. They have no idea what they are doing and how much damage they have caused to this country. They are in for a rude awakening in November. We are all wide awake now.

  • April 13, 2010 at 1:37 am
    charles says:
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    Enough with the games!! Next election — let Congress feel the sting of the unemployment lines!!! — How many years have you paid taxes? 30? 40? Your government bails out bankers and Wallstreet execs using your tax dollars — but unemployment is allowed to expire? Congress wasn’t worried about the defecit when that big insurance company and wall street execs were giving themselves bonuses with taxpayer money! What happened to “by the people” or “for the people”? Or are the big campaign contributors the only “people” who count to congress? They are playing games and going on vacation while you are wondering how to feed your kids?

  • April 14, 2010 at 11:40 am
    Chris Albrecht says:
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    If we are unable to close on our new home by Tues. April 20 (next Tues!) we’re done. Our contract expires. Our rate lock expires. The end. Check it out. The NFIP is a CBO budget-neutral entity and therefore not even worthy of budget/economic debate. Yet not even -1- of the 100 braniacs in the U S Senate NOTICED it buried deep in the bowels of HR 4851 and said: “Hey, we need to pull out the NFIP issue and get it back up and running while we further debate the totally unrelated issues of unemployment compensation and COBRA extensions. How’s that for outrageous STUPIDITY????? If I was not literally seeing for myself, I doubt I could believe it!



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