Tuesday, September 13, 2005
I'm not going to comment on this article except to say Slate isn't exactly a right wing publication and it does mention one piece of information I hadn't yet heard. "The Flood Insurance Reform Act, signed into law by President George W. Bush in June 2004, could change some of this. The new law is designed to discourage property owners from rebuilding in repeatedly flooded areas and would help homeowners to either elevate their homes or to build on high and dry sites." This relates back to an earlier post of mine where I blamed subsidized flood insurance for deaths during Katrina. Of course, the funding for this act is nowhere to be seen and as the article mentions, it is unlikely to get anywhere with the call to rebuild in New Orleans.