Goodbye New Orleans?

[sprattjack]

Like it or not, the opinion's of this board rarely know.

[Toad]

In any of these natural disasters like rivers flooding out of their banks, condos and homes on out islands getting wiped out by wind and water, flooding in New Orleans, etc., etc. the government always makes a basic mistake.

If you want to truly help the idiots that have no respect for Mother Nature, you do not give them money to rebuild. You buy them out completely for that amount and you make the property government property that can never be built upon. You also limit this to one payment per lifetime for the dimbulbs that think living on an Outer Bank island is their right and it is the taxpayer's duty to rebuild for them every time they get blown off the sandbar.

It would be just as expensive but eventually the government would own all the low ground and it could never be built upon.

[sprattjack]

In an of these natural disasters like rivers flooding out of their banks, condos and homes on out islands getting wiped out by wind and water, flooding in New Orleans, etc., etc. the government always makes a basic mistake.

If you want to truly help the idiots that have no respect for Mother Nature, you do not give them money to rebuild. You buy them out completely for that amount and you make the property government property that can never be built upon. You also limit this to one payment per lifetime for the dimbulbs that think living on an Outer Bank island is their right and it is the taxpayer's duty to rebuild for them every time they get blown off the sandbar.

It would be just as expensive but eventually the government would own all the low ground and it could never be built upon.

May a catastrophe give you two weeks, toad.

[Toad]

Two weeks of what? Two weeks to live? You wishing death on me?

I live on a hill. Picked the place because of that. Bring on the flood.

I am continually amazed at the number of homebuyers that have no understanding whatsoever of "100 year flood plain".  Hell, I'm amazed at how many don't understand the implications of "floodplain".

If you think it is the right of people living in flood prone areas to have their homes rebuilt by the taxpayers time after time, you must be a liberal.

[sprattjack]

gibberish..

If you think it is the right of people living in flood prone areas to have their homes rebuilt by the taxpayers time after time, you must be a liberal.

Time after time, taxpaying $'s.  Elaborate, source, .. show me.  Where, when? 

[SKYGUNS]

N.O. = GIANT BOWL, no point if you ask me..

[Cthulhu]

Time after time, taxpaying $'s.  Elaborate, source, .. show me.  Where, when? 

Excerpt from USA Today    Oct 25, 2006 | 502 words

New Orleans plan: Rebuild in flood zones, hand you the bill
 
The definition of insanity, according to Benjamin Franklin, is doing the same thing over and over and expecting different results.

Ben, welcome to New Orleans.

Nearly three-quarters of 14,534 New Orleanians who've applied for federal grants say they'll rebuild their Hurricane Katrina-damaged homes in flood areas -- even though city restrictions are unlikely to protect their homes if the levees fail again, USA TODAY's Anne Rochell Konigsmark reported last week.

The latest plan calls for the Louisiana Recovery Authority to dole out grants of up to $150,000 to cover uninsured losses, which residents can use to rebuild or relocate. To qualify, homeowners in and around the city must raise their homes by at least 3 feet and purchase federal flood insurance.

So let's see. Federal taxpayers will be subsidizing reconstruction in flood areas, underwriting the insurance on those homes and will no doubt have to bail out the flood insurance program if the homes get wiped out again. The program collected only $2.2 billion last year in premiums but will pay out more than $20 billion in Katrina claims, leaving taxpayers on the hook for the rest. Worse, the program encourages development in ...   well, you get the idea.

Carry on

[Zazen13]

Building in and rebuilding coastal areas that are below sea level is stupid. The only reason New Orleans continues to exist as a major population center is for purely sentimental reasons. The historic French quarter could be preserved as a tourist spot, but the city as a metropolitan and commercial center is nonviable. New Orleans is just one example, as Louisiana's coastline erodes along with other state's. But, if sea levels rise a lot of coastal cities will need to be abandoned, especially those threatened by storm surges.

[Toad]

Time after time, taxpaying $'s.  Elaborate, source, .. show me.  Where, when? 

Glad you asked! Always willing to help you learn!

Congressional Research Service ˜ The Library of Congress

Federal Flood Insurance: The Repetitive Loss Problem

http://www.fas.org/sgp/crs/misc/RL32972.pdf

...Repetitive Loss Problem
A major public policy issue before the 109th Congress is the cost to the NFIP of
paying for repetitively flooded properties.51 According to FEMA, a relatively small
number of RLPs account for a disproportionate share of paid flood claims.52
Insurance market analysts insist that by reducing the number of RLPs, actual flood
insurance claims will be reduced, and this will both diminish the upward pressure to
raise flood insurance rates and stabilize, in the long run, the financial condition of the
NFIP.

Appendix B shows that a total of 112,540 properties nationwide have sustained
repetitive losses, but only 50,644 of these properties had insurance, as of September
severe repetitive loss properties (SRLP) that were placed in FEMA’s Target Group
Special Facility. In total, there were 4,498,324 flood insurance policies — so RLPs
are 1% of the total policies nationwide. Yet, according to FEMA, this 1% accounts
for an annual average of 30% of amounts paid in claims.53 Since 1978, RLPs have
cost the NFIP about $2.7 billion.54 Appendix D shows that although RLPs exist in
all 50 states, five states — Louisiana, Texas, Florida, North Carolina, and New Jersey
— accounted for 63% of all repetitive loss payments from 1978 through 2004. The
top 10 states accounted for 78% of all repetitive loss claims; and the top 25 states
account for 96% of all repetitive loss claims.55...

...When FEMA first identified the disproportionate amount of
repetitive claims paid on a very small percentage of NFIP-insured properties as the
most significant cost factor in the program, the agency took steps to pursue a variety
of mitigation strategies to reduce future losses from flooding.

Glad to be of service!


Now, just what did you mean by this:

May a catastrophe give you two weeks, toad.

Or do you not have the balls to explain it?

[sprattjack]

'The Repetitive Loss Problem'  

Wakeup, dude.  Wakeup.

[Toad]

Yes, repetitive losses. Rebuilding the same flooded properties multiple times. It's not a difficult concept to understand dude.

so RLPs are 1% of the total policies nationwide. Yet, according to FEMA, this 1% accounts for an annual average of 30% of amounts paid in claims.

1% of the policies, 30% of the amounts paid.

Looks like you're the one snoozing.

And I figured you had no balls.

You're another O'Club drive by. You've got zip. Can't formulate a coherent argument; best you can do is weak one-liners.

Later.... duuuuuuuuude.

[sprattjack]

See Rule #5

[Toad]

Claptrapulous.

[Elfie]

He's just another shade waiting to get PNG'd Toad. 

[Thruster]

"The only reason New Orleans continues to exist as a major population center is for purely sentimental reasons. The historic French quarter could be preserved as a tourist spot, but the city as a metropolitan and commercial center is nonviable."

I think it was mentioned in an earlier post but I guess you're not aware the they do a bit of shipping there also. Been that way for almost 300 years. Depending on what numbers you use the New Orleans port complex is one of, if not THE largest in the world. The capacity to move freight in and out of the area is unparalleled anywhere in the country. Consequently, it could be said in some respects that New Orleans is one of the most important cities in America.