Congressional Issues 2012
MORALITY AND CULTURE
Disaster Assistance and Government Insurance
- require federal government insurance programs to use private-sector
underwriting and risk classification techniques,
- authorize tax-deferred treatment of private insurers’ catastrophe
- reduce the scope of current government insurance programs and not launch
any new federal reinsurance schemes.
Did "We the People" write a Constitution which gave the federal government the responsibility
to rebuild thousands of houses and businesses which were built below sea level between the ocean
and the Mississippi River? Who could know that a home built below sea level might get wet? Who could
guess that building a business in "tornado alley" might be asking for disaster? Who could
possibly predict that building a hotel in the path of a hurricane could be risky? What psychic could
foresee any problems from constructing a house at the base of a volcano like Mt. St. Helens? Could
anyone in California have ever imagined that an earthquake might level their home? Is it the business of
the federal government to repair the damage done to a beach front home in Malibu every year, year after
year, as the winter rains repeatedly erode the shore, and the wealthy owner repeatedly rebuilds the home
on the same spot?
America became the greatest nation on earth by cultivating
"Yankee Ingenuity" and personal responsibility, not by clamoring for government bailouts.
America became the greatest nation on earth by responding quickly
and magnanimously to genuine disasters and human needs.
Additional Disaster Resources