| Submit your comments on this article |
| Home Front: Politix |
| Straight talk from McCain on hurricane insurance |
| 2008-01-24 |
| From a WSJ editorial on Florida insurance issues The most refreshing message has come from John McCain, who pointed out that we already have FEMA (and, we'd add, at least 26 other federal programs intended to assist people after natural disasters). Mr. McCain is opposing the House bill and has instead proposed reforms to make private insurance less costly. These include creating an optional federal charter to enable insurance companies to easily operate across state lines. The Senator wobbled a bit on Tuesday with comments about preventing insurance companies from "cherry-picking" low-risk areas. But on Wednesday he reverted to good form and said a federal disaster fund would simply cost American taxpayers too much. Kudos to Mr. McCain for refusing to dance the Panhandle Pander. There was a reader comment quoted in National Review's "Campaign Spot" the other day: "I can't stand McCain. . . . There is a lot about McCain that is not straight talk. But when he does straight talk — it's the straightiest straight talk you will find." This appears to be one of those times. |
| Posted by:Mike |
| #3 IOn, ASIA TIMES > GOING BANKRUPT: THE USA'S GREATEST THREAT [to World], + CHINA SEES OPPORTUNITY IN US DOWNTURN/RECESSION. |
| Posted by: JosephMendiola 2008-01-24 23:20 |
| #2 Got to hand it to McClain. He goes into Florida and tells them they don't need assistance on homeowners insurance. He told Iowans he intends to kill ethanol subsidies. Not too bright, but ballsy, very ballsy. He overlooked the fact that private insurers have sworn not to underwrite any more policies in the areas susceptible to hurricane damage. Ya see, insurance is where you pay in, not where they ever pay out. Certainly makes the campaign more challenging big John. |
| Posted by: Woozle Elmeter 2907 2008-01-24 11:11 |
| #1 Romney bought Michigan for $20b. Let's see how much he is prepared to pay for Florida. Not a conservative. |
| Posted by: Excalibur 2008-01-24 09:59 |