Another Wasteful Gubment Insurance Program Needs ANOTHER Bailout

Ahh, federal flood insurance: inspiring reckless home settlement, waste, corruption and the stifling of productivity since 1968.

Isn't America great?

http://www.reuters.com/article/domesticNews/idUSTRE56S6V320090729

Here's a good piece on it from Sheldon Richman:

http://www.feeblog.org/news/a-public-option/

 

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