http://fairfaxnews.com/2014/01/senate-delays-flood-insurance-rate-increases/
Congress to bailout stupid homeowners on the East Coast.
Quote from: Dallas Wildman on January 30, 2014, 07:04:28 PM
http://fairfaxnews.com/2014/01/senate-delays-flood-insurance-rate-increases/
Congress to bailout stupid homeowners on the East Coast.
Well, as far as it goes, I'd rather bail out "stupid" homeowners "on the East Coast" than "multi-billionaire 'genius' investors on Wall Street. Mind, I'd just assume let both fail, and pick up the pieces, but if I absolutely must bail out one or the other...
Quote from: dallen68 on January 30, 2014, 09:31:38 PM
Well, as far as it goes, I'd rather bail out "stupid" homeowners "on the East Coast" than "multi-billionaire 'genius' investors on Wall Street. Mind, I'd just assume let both fail, and pick up the pieces, but if I absolutely must bail out one or the other...
That's the thing though these homeowners' are unquestionably very rich people, so in both cases we are bailing out millionaires if not billionaires.
Quote from: Dallas Wildman on January 31, 2014, 10:34:51 PM
That's the thing though these homeowners' are unquestionably very rich people, so in both cases we are bailing out millionaires if not billionaires.
I was going to make a snide response to this, but when I was done, I realized you were right.