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Forum Post: Capitalism Strikes Back

Posted 10 months ago on Sept. 29, 2013, 12:29 a.m. EST by grimwomyn (35) from New York, NY
This content is user submitted and not an official statement

Via CBS News ~ Next Tuesday, people who own homes in flood-prone communities could see their flood insurance rates surge -- in some cases by 1,000 percent. It's all because of a new federal law aimed at keeping FEMA afloat.

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7 Comments


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[-] 1 points by windyacres (1002) 10 months ago

Flood insurance has been subsidized for decades, it needs to be phased out so people will choose more wisely where to buy a home.

Do we still subsidize tobacco farmers? I know we have until recently, the height of hypocrisy.

[-] -1 points by nazihunter (212) 10 months ago

Capitalism worked forty years ago. The boomer generation did NOTHING as each and every check and balance was removed. Now it's a complete failure. Even working against the majority--the true measure of TOTAL failure. So, give your parents the blame and wipe it out completely.

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[-] 0 points by nazihunter (212) 10 months ago

Of course I'm insane. I'm using the asylum's computer to type this response! Thank God for FDR, sir. But, the stats show an ever progressing reversal ever since. From the 60s to the present, we went from the top of the industrialized nations to the bottom, in everything. Today, as I watched Bob Scheifer talking on the tube, All I could think of was how he should have been retired 20 years ago along with his news of the shutdown. Failure. Our corporate-beholden government is a failure, and they are the reason. We have no more protections. Time is running out.

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[-] 1 points by nazihunter (212) 10 months ago

Yes. The media is not responsible-they are irresponsible! If I want to be a writer for the Times, my resume will say-'Notable Experience: I have often been irresponsible....when I was four!