More proof that govt is too corrupt to do anything.
How much do you know about Flood Insurance in the US? We investigate a program that’s running on borrowed money…and borrowed time, Sunday on Full Measure. #hurricane #floodpic.twitter.com/dGeeZS8We4
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Just enough to live where it does not flood
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My question would be...what government program protects taxpayers and serves the people??
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.Very timely! I asked my insurance company why they don't sell flood insurance policies & was told it was because government took it over. If you look closely, NFIP is a part of FEMA. Why buy the insurance? Why not just get FEMA grants or loans if needed?
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The housing and insurance industries know each other well. Urban sprawl, floodplain, sparse tax base, false housing shortage, amnesty for ownership...could dig all day ;)
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