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 Post subject: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 7:30 pm 
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I heard on CNN this morning that in the wake of the Katrina disaster that congress might toy with the idea of a Natural Disaster Defense Fund. Meaning all the citizens of the US would pitch in and when "shit goes down" The gov't can pay for repairs from this fund. Any thought?


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PostPosted: Tue Sep 06, 2005 7:31 pm 
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what would be considered a natural disaster?

a micro burst, tornados etc...

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 Post subject: Re: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 7:32 pm 
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jacktor wrote:
I heard on CNN this morning that in the wake of the Katrina disaster that congress might toy with the idea of a Natural Disaster Defense Fund. Meaning all the citizens of the US would pitch in and when "shit goes down" The gov't can pay for repairs from this fund. Any thought?


F - E - M - A

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 Post subject: Re: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 7:33 pm 
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B wrote:
jacktor wrote:
I heard on CNN this morning that in the wake of the Katrina disaster that congress might toy with the idea of a Natural Disaster Defense Fund. Meaning all the citizens of the US would pitch in and when "shit goes down" The gov't can pay for repairs from this fund. Any thought?


F - E - M - A


What about it?


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 Post subject: Re: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 7:34 pm 
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B wrote:
jacktor wrote:
I heard on CNN this morning that in the wake of the Katrina disaster that congress might toy with the idea of a Natural Disaster Defense Fund. Meaning all the citizens of the US would pitch in and when "shit goes down" The gov't can pay for repairs from this fund. Any thought?


F - E - M - A


I know this and you know this but I dont know if W knows about this :roll:


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 Post subject: Re: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 7:34 pm 
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Chris_H_2 wrote:
B wrote:
jacktor wrote:
I heard on CNN this morning that in the wake of the Katrina disaster that congress might toy with the idea of a Natural Disaster Defense Fund. Meaning all the citizens of the US would pitch in and when "shit goes down" The gov't can pay for repairs from this fund. Any thought?


F - E - M - A


What about it?


Isn't that pretty much what FEMA is? An organization that pays for repairs when there is a disaster?

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PostPosted: Tue Sep 06, 2005 7:35 pm 
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Colorado, California, & Arizona sure could use a few water tanker airplanes that aren't from WWII. These forrest fires are taking a beating on all the rich white folk who live in the woods.

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 Post subject:
PostPosted: Tue Sep 06, 2005 7:36 pm 
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Sounds like communism to me and I don't like it...but honestly, I like it, we take care of our own.

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PostPosted: Tue Sep 06, 2005 7:37 pm 
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What part of the half-trillion dollar defecit are they planning on funding this program from? :?

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 Post subject: Re: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 7:38 pm 
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B wrote:
Chris_H_2 wrote:
B wrote:
jacktor wrote:
I heard on CNN this morning that in the wake of the Katrina disaster that congress might toy with the idea of a Natural Disaster Defense Fund. Meaning all the citizens of the US would pitch in and when "shit goes down" The gov't can pay for repairs from this fund. Any thought?


F - E - M - A


What about it?


Isn't that pretty much what FEMA is? An organization that pays for repairs when there is a disaster?


Well sort of. But the point is, it only pays for repairs to the extent it's allocated by Congress or through executive order. I think this new fund is essentially a supplement to give donors the opportunity to make a charitable gift (as a tax write off) to be applied toward paying for things that FEMA is not responsible for.


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 Post subject:
PostPosted: Tue Sep 06, 2005 7:39 pm 
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Serjical Strike wrote:
What part of the half-trillion dollar defecit are they planning on funding this program from? :?


It's privately funded through taxpayer contributions (from what I've read).


Last edited by Chris_H_2 on Tue Sep 06, 2005 7:40 pm, edited 1 time in total.

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 Post subject:
PostPosted: Tue Sep 06, 2005 7:40 pm 
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Serjical Strike wrote:
What part of the half-trillion dollar defecit are they planning on funding this program from? :?


this is funded out of OUR pocket, not the gov't, and I say 300 billion in Iraq has got to go, before you even think about taking more money out of our pockets. We can't even fund Social Security


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PostPosted: Tue Sep 06, 2005 7:41 pm 
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Why does the name of this fund remind me of the Human Fund from Seinfeld?


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 Post subject:
PostPosted: Tue Sep 06, 2005 7:41 pm 
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If Congress approves this ... then there's a disaster and no one gives the money to anyone, will we be allowed to criticize the management of the fund or will that be the fault of local government?

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 Post subject:
PostPosted: Tue Sep 06, 2005 7:42 pm 
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What the hell? Why are our tax dollars going to FEMA if now they want us to "donate" to another fund?

Jesus, how does one get their head so far up their ass?

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 Post subject: Re: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 7:43 pm 
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Chris_H_2 wrote:
B wrote:
Chris_H_2 wrote:
B wrote:
jacktor wrote:
I heard on CNN this morning that in the wake of the Katrina disaster that congress might toy with the idea of a Natural Disaster Defense Fund. Meaning all the citizens of the US would pitch in and when "shit goes down" The gov't can pay for repairs from this fund. Any thought?


F - E - M - A


What about it?


Isn't that pretty much what FEMA is? An organization that pays for repairs when there is a disaster?


Well sort of. But the point is, it only pays for repairs to the extent it's allocated by Congress or through executive order. I think this new fund is essentially a supplement to give donors the opportunity to make a charitable gift (as a tax write off) to be applied toward paying for things that FEMA is not responsible for.

Oh, so it's privatization of government responsibility!

Why don't they just get someone who knows what they're doing at FEMA and fund it the way government departments are supposed to be funded, with taxes? I know that republicans hate public assistance, but disaster relief is the kind of "communist" program that everyone can get behind, and if you can't, you should have to pay double.

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 Post subject: Re: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 7:48 pm 
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punkdavid wrote:
Chris_H_2 wrote:
B wrote:
Chris_H_2 wrote:
B wrote:
jacktor wrote:
I heard on CNN this morning that in the wake of the Katrina disaster that congress might toy with the idea of a Natural Disaster Defense Fund. Meaning all the citizens of the US would pitch in and when "shit goes down" The gov't can pay for repairs from this fund. Any thought?


F - E - M - A


What about it?


Isn't that pretty much what FEMA is? An organization that pays for repairs when there is a disaster?


Well sort of. But the point is, it only pays for repairs to the extent it's allocated by Congress or through executive order. I think this new fund is essentially a supplement to give donors the opportunity to make a charitable gift (as a tax write off) to be applied toward paying for things that FEMA is not responsible for.

Oh, so it's privatization of government responsibility!

Why don't they just get someone who knows what they're doing at FEMA and fund it the way government departments are supposed to be funded, with taxes? I know that republicans hate public assistance, but disaster relief is the kind of "communist" program that everyone can get behind, and if you can't, you should have to pay double.


Well, to fund the disaster relief bill to completely cover this sort of unprecedented disaster, your taxes would have to be tripled and quadrupled.

Just wait until all of the people that lost homes in New Orleans learn that, to the extent they had insurance, their insurance premiums won't cover a dime of their losses (unless they purchased separate flood insurance).


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 Post subject: Re: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 7:50 pm 
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Chris_H_2 wrote:
Just wait until all of the people that lost homes in New Orleans learn that, to the extent they had insurance, their insurance premiums won't cover a dime of their losses (unless they purchased separate flood insurance).


They had to have had flood insurance (those that have insurance). I see commercials for that CONSTANTLY, and I don't even live in a flood prone area.

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 Post subject: Re: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 7:54 pm 
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B wrote:
Chris_H_2 wrote:
Just wait until all of the people that lost homes in New Orleans learn that, to the extent they had insurance, their insurance premiums won't cover a dime of their losses (unless they purchased separate flood insurance).


They had to have had flood insurance (those that have insurance). I see commercials for that CONSTANTLY, and I don't even live in a flood prone area.


They didn't. The insurance lobby group commented in the Chicago Tribune last week that, of the 70% of homeowners that actually had insurance, only about 10% of them had flood insurance. The homes destroyed in Mississippi and Alabama would be covered because 95% of the losses were caused by winds. If the home's roof blows away and home is filled with rain and gets flooded, it's covered. However, if the home is declared a loss due to flood water alone, like most, if not all, the homes in New Orleans, it's not covered unless there is separate flood insurance.


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 Post subject: Re: Natural Distaster Defense Fund
PostPosted: Tue Sep 06, 2005 8:01 pm 
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Chris_H_2 wrote:
B wrote:
Chris_H_2 wrote:
Just wait until all of the people that lost homes in New Orleans learn that, to the extent they had insurance, their insurance premiums won't cover a dime of their losses (unless they purchased separate flood insurance).


They had to have had flood insurance (those that have insurance). I see commercials for that CONSTANTLY, and I don't even live in a flood prone area.


They didn't. The insurance lobby group commented in the Chicago Tribune last week that, of the 70% of homeowners that actually had insurance, only about 10% of them had flood insurance. The homes destroyed in Mississippi and Alabama would be covered because 95% of the losses were caused by winds. If the home's roof blows away and home is filled with rain and gets flooded, it's covered. However, if the home is declared a loss due to flood water alone, like most, if not all, the homes in New Orleans, it's not covered unless there is separate flood insurance.

How could they NOT have flood insurance? I've done a lot of work with mortgage companies, and if you've got a FEMA flood plain in one corner of your property, even if the house isn't in the flood plain, they make you carry flood insurance if you want the loan. The entire city of New Orleans SHOULD have been designated a FEMA 100 year flood plain. If it wasn't, man, that's FEMA's fault, again.

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