[TheForge] Is anyone on-line ? OT:

[Larry Brown]

They have to help the poor neighborhoods a little to justify fixing the 
higher real estate areas. They like to fix the amusement areas to help give 
the semi-poor something to go to and help make them poorer.

As usual the more you own of politics, the more you get

I think they may try to put money into some the shore area of Staten Island 
as the local political machine is a major land owner there (From what I 
hear...), but some areas might not get as much help. Time will tell all

L Brown




At 07:57 AM 11/6/2012 -0800, you wrote:
>taxpayer money comes in many forms.
>
>for instance, the federal government subsidizes flood insurance. so 
>virtually every house in a flood zone that has a mortgage, which is 
>practically all of them, only has one because taxpayer money is making it 
>possible.
>otherwise, banks would not lend on homes in flood zones.
>
>then, there is the army corps of engineers- which spends billions every 
>year ($4 billion last year) on lots of flood and tide and storm mitigation 
>projects that make it possible for people to build, and rebuild, in places 
>like Seaside.
>
>and taxpayer money will of course go to direct aid to storm victims- you 
>get a sweatshirt and free diapers if you live in Seaside, or downtown Hoboken.
>and taxpayer money will go to cleanup, to new sand, to fixing the bridges, 
>roads, and utilities.
>
>Of course taxpayers subsidize wealthy neighborhoods more than poor ones.
>
>ries
>
>
>On Nov 6, 2012, at 7:30 AM, Andrew Vida wrote:
>
> >
> >
> > On 11/6/2012 5:56 AM, Bruce . wrote:
> >> For years we've been saying about folks on those barrier islands, "One
> >> good hurricane..."  Well, Sandy was pretty good.  Most of the damage
> >> was to people on the barrier islands.  I am writing to the governor
> >> (who actually hung around for the storm this time -- him and his
> >> Lt.Gov. too!  Imagine that!) that the state should buy out the
> >> destroyed properties (at land value -- these people can collect on
> >> their insurance for the rest) and turn it back into untenanted barrier
> >> islands.  Then take some FEMA money and settle these folks on higher
> >> ground.  It's a situation analogous to New Orleans.  If you build in
> >> Nature's path, you're going to get wiped out sooner or later.
> >
> > Taxpayer money to bail out the landowners in Seaside?  I'm sure that
> > would go over like a lead balloon.  You're talking about several
> > billions in real estate at the very least.  Then what?  Remediation of
> > the detritus would be billions more.  Billions more to rebuild the
> > coastline... perhaps tens of billions.  Remember when they redid the
> > beaches at Asbury Park and Manasquan?  Those two miserable stretches
> > totaling what... MAYBE 2.5 miles was over $250 million as I recall.  I
> > used to go out and watch them pump the sand... which was pretty
> > impressive, but what a waste of money.  Two years later the beaches were
> > back to their eroded states.  Hello.  To rebuild what I would bet is at
> > least 50 to 70 miles of beach would be lunacy, but I'd bet that is
> > exactly what they would propose.  The glazier's fallacy on steroids
> > running amok in NJ. =8^o
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