Skip to comments.Sen Landrieu on Senate Floor Biggert Waters 'Never Voted On' 'Went Dark', 'Tucked into Transportat
Posted on 10/06/2013 3:54:31 PM PDT by Neidermeyer
Senator Landrieu outlines how the Biggert Waters flood insurance bill was manipulated through the legislative process without ever coming up for a vote in the Senate. This bill is nothing but a tax increase on anyone with property that requires flood insurance... People are now unable to sell property as this is driving away any and all buyers .. if you sell without disclosing the premium increases that will be levied on a new owner (rather than increased incrementally on existing property owners) you will be sued ,, bank on it. This is also impacting hurricane Sandy victims in the Northeast as they are being forced to build to higher standards that cost much more .. while their insurance only covers building to the prior standards .. http://www.youtube.com/watch?v=G7LptibadAE
(Excerpt) Read more at youtube.com ...
And isn't Sen Landrieu from Louisiana? The state where people build cities on land lower than sea level, right next to the Gulf of Mexico, and many large long rivers?
(And then refused to evacuate when a Cat5 was bearing directly at them)?
Have you ever visited any of the large inland parks in Florida?
Such as “Florida Caverns State Park” in Marianna?
Nice trails and bridge systems, overlooking what the Florida real estate industry doesn't want anyone to know are old sinkholes.
I think many people north of I-10 have now heard of a few cases regarding sinkholes in the last couple of years...
In the interest of fairness, Florida should require all Realtors who sell to out of state land buyers, to take them on a tour of one of the many sinkhole “parks” prior to closing on a property sale.
Property values will drop dramatically, so will property taxes, and perhaps we Floridians can rid the state of liberal Yankee carpetbaggers who come here to declare bankruptcy from their home states!
“best I can find is this “
Look, I’m interested in the problem but your inadvertant, I assume, dishonesty is not helping you.
Be calm despite whatever hardship this law imposes on you if you wish to sway people who aren’t affected -we’re paying for the subsidy after all.
Or be emotional and forget the appeal to reason. But you can’t do both.
best I can find is this
You are not understanding the problem ,, first off that was the best article I could find that was not blocked to general inquiries by a pay wall ... there is tons of information out there ..
Second YOU are not paying any subsidy , the “subsidy” is an accounting gimmick where you are told you’re getting a discount... Floridians are paying 60% of all the premiums and are getting only a 25% return ,, SOME SUBSIDY HEH! Our premiums should go down by at least 50-60% ,, NOT up 500% ..
Biggert Waters is a HUGE TAX increase , Obamacare is a HUGE TAX INCREASE , the FED printing UNLIMITED MONEY (but only for their friends) is an INFLATION DRIVER (have you bought food or gasoline in the last few years? has your health insurance pricing stayed stable?) ...
Grow up and open your eyes ... this is all part of the Obama/Democrat/Progressive plan to crush the middle class and make us compliant ; you're pretty damn compliant when you're thrown out of your house and are living in a $150/week efficiency hotel room and living with the help of food stamps.
I am subsidizing the insurance policy of those that do build in flood prone areas.
Florida pays 60% of the entire countries premiums and gets only 15% of the plans payouts (over a 35 year period) ,, we are subsidizing the entire country and we are among the poorest here ... our median income is very low ..
Since I am a long term Florida resident, but not a property owner, I asked people who I respect about this issue...
They didn't agree with your stance, and patiently explained why this “correction” was long overdue.
It all goes back to many thousands of dishonest individuals scamming a “system”.Some home grown, most are from other states.
We are the premier relocation destination place for the rest of the nations “semi-wealthy,avoiding indictments citizens” to establish new residency, prior to declaring bankruptcy, before the indictments become public knowledge.
The unholy alliance of Florida's notoriously corrupt property developers, insurance companies and government is a fact, with a long and color full history.
Rick Perry is working on getting this fixed , I got a reply from him yesterday , he is trying to get a 1 year delay wherein they can fix this ...
Yes there IS fraud in the system ,, however it is outside the state of Florida , we are the cash cow that is being bled.. our rates should go down ,, and rates in the fraud states should go up .. pretty simple .. instead they are implementing an across the board increase which hurts us disproportionately as we have 60% of all he policies .