(5) comments Back to story

Gary Miller

Of course an increase in flood insurance prices would hurt. Flood insurance is just one thing Gulf Coast residents must deal with. Any increase in food or fuel prices will hurt as much. Higher taxes will have the same effect.

Carol Bond
Stop worring. The government will provide housng for coastal industry employees. HUD slums will replace private neighborhoods. Everyone will have public transit to get to work or shop.
We'll become the good European sheeple progressives want us to be.

Steve Fouga

Many people like Carol are waking up to the impending disaster that is Biggert-Waters. I'm not sure about the CEOs' bonuses part, but it's hard to disagree with most of what Carol says.

It's not just the refineries whose workers will be affected, by the way. It's also the maritime shipping industry that transports not only petrochemical products, but also direct consumer goods. It's also the commercial fishing industry that provides much of the nation's seafood. It's also the tourism mainstays that bring jobs to our area and pleasure to millions of Americans -- hotels, restaurants, theme parks, fishing and hunting guide services, gambling casinos, historic sites, etc. All of these employ workers who for the most part won't be able to afford their homes.

It doesn't end there. What about the banks, grocery stores, big box stores, auto and boat dealers and repair shops, gas stations, movie theaters, schools, clinics, hospitals, etc. providing goods and services to the folks who can no longer afford their homes? Some of them will have to pack up too.

And it's not just Texas. It's pretty much anyplace on the Gulf Coast, Eastern Seaboard, or a major river. Most of these places have woken up. Texas has not.

The Texas delegation believes adherence to conservative principles is more important than the immediate well-being of their constituents. And coastal voters are dumb enough to elect them anyway! LOL!

Jim Forsythe

The way I see it we have two paths we can take. The first one is keep on with flood insurance. The second is to built something like the Ike dike.
If we go the flood insurance path, cost will increase and we will pay forever.
If we go with protection route we can pay for it until it is paid off, like Texas City dike

Matt Coulson

So if we build the dyke they will let us drop our insurance? Not.

Jim Forsythe

With a dike, rates would be a lot lower. It will cost us no matter what we do. I would rather not have to redo house from flooding after a storm. Insurance increases would slow or have a negative impact on industrial and population growth.
The dike plan would help promote growth.

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