Monday, April 19, 2010

Residents Refuse FEMA Buy Out

From the AP here. It seems that residents in flood-prone areas prefer the status quo of other people paying for their costs of living in a flood zone, as opposed to accepting a payment to live somewhere else.

I'm fine with people who knowingly wish to remain in flood prone areas, but this highlights the dynamic problems of getting the government in the business of this particular type of bail out.

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