Katrina round-up

A couple items of interest:

The delegation later told a crowd of about 500 in Bay St. Louis that a vote could come in September on a bill aimed at improving the insurance problems that Gulf Coast homeowners have experienced since Katrina.

Rep. Gene Taylor, a Mississippi Democrat, has proposed adding wind coverage to the National Flood Insurance Program, which was created in 1968 to help homeowners living in flood-prone areas get flood insurance to complement private policies. Taylor said he did not know the cost of providing wind coverage.

"He did not know the cost of providing wind coverage." That’s the kind of federal program I’m sure we all like to see, one with open-ended or unknown costs — hey, why not, the country’s swimming in money, let’s just toss some of it around and see what happens.

 

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