Well whether the feds pick up the tab or the insurance companies pick up
the tab, the American taxpayers will ultimately pay for it. If it's the
government, somewhere, somehow they'll get tax money out of us for it.
And if it's the insurance companies paying anyone else who pays for
insurance with any of those companies can expect a rise in premiums. Not
to mention all the other things - good and services - that will increase
before purchase by the end consumer as a result of all this destruction.
I'm not saying it's not worth helping these folks rebuild, but let's be
honest about who's REALLY paying the tab.
Jean Nathan wrote:
Was the news report that George Bush had announced that New Orleans
will be rebuilt "whatever the cost" wrong? If it's not wrong then the
insurance companies can happily refuse to pay on "Act of God" grounds.
I also understood some contracts had already been awarded to
Haliburton, but (before I get shot down in flames) I could be wrong.
Jean in Poole, Dorset, UK
--
Ruth
Omnia vincit Amor;
et nos cedamus Amori. ~ Virgil
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