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Drake Tungsten
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Knee deep in alien womyn...
Oct 2001 time: 14:33
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That's all you've got? I've found better evidence for your side in the past few minutes, and I'm not even trying...
edit: Charity for Imran...
Last edited by Drake Tungsten on 30-08-2005 at 09:39
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mitch
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quote: Originally posted by DanS
Yeh, sounds like the folks of New Orleans will have to spend more money on their levees. It isn't my real estate, dude. If they choose to put more money into the pockets of their corrupt politicians rather than into levees, there's really nothing I can do about it. |
You have some of the most bizzare and irrational reasoning. This storm is predicted to cause around 25 billion in insurance damage alone and you don't think that the Federal government should have taken preventive measures by giving them a little more funding?
http://www.kvue.com/sharedcontent/d...na.31f1021.html
http://www.businessweek.com/bwdaily..._8693_db035.htm
http://english.donga.com/srv/servic...d=2005083040798
Do me a favor and go to Google news and type in "Katrina Economy" and see what all comes up.
edit: Use this link otherwise a couple of those articles might require registration.
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DanS
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Kickball Capital of the World
Jan 1970 time: 00:33
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Imran tried to use that line and it's still a lame-ass argument. DC is a federal city, as set forth in the constitution. The people in DC vote at the discretion of the congress, for one. DC's spending is approved or amended by the congress as it sees fit. It was done that way to protect the power of the states. There are trade-offs with which New Orleans doesn't have to deal.
Last edited by DanS on 30-08-2005 at 11:09
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CerberusIV
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quote: Originally posted by DanS
My sister's in-laws might not have much of their houses to come back to (all insured, thank God). |
I wouldn't be too confident in the insurance companies. They'll pay out this time but then the bean counters will start doing their thing. Flooding in many parts of the UK has increased in frequency and amount of damage over recent years to the point that premiums have stopped going up for quite a few people because no insurance company will cover their properties at any price any more.
If the insurers get the idea that this is going to become a regular occurrence into their heads they'll walk away. That would mean no insurance or a scheme backed by the federal government - probably cheaper to invest in prevention rather than pick up the pieces then.
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