the louisianna (sp kirk?) atty gen was making some noise about a law suit against insurance companies to make them cover flood damage as a part of their home owners policies... and i guess the big time tobacco guy lawyer is in on it too...i cant get over what BS that is since every home owner knows that home owner's insurance doesnt cover flood damage at all and you have to get a separate policy to cover it from fema... in fact NO private insurance company will cover flood damage the only place you can get it is from fema... its not in the fine print either... its right up front...

besides bankrupting insurance companies who shouldnt have to cover a flood anyway, its just jacked up because it wasnt a part of the deal anyway.. and all those people who took the risk are crying now becaue they got caught out... shit.. you live in a city surrounded by water, below sea level, in an area where hurricanes are common and you dont have flood insurance?... duh... it might be expensive.. but thats the way it goes.. i bet now its going to get even more expensive for those people...

so.. yeah.. it seems like its all nice to extend a helping hand to people in need.. blah blah blah... but to force insurers to pay for something that is known to not be covered in the policy really covers the asses of all of the rich property owners who spent that money on fast cars and gifts for their mistresses rather than on taking care of business... in the areas worst affected by the floods the home ownership rate is in the low 20%... if i remeber right.. i will have to check... the atty gen is looking out for his golf buddies and cash contributors on this one...

its crazy...

people always want a free ride and they never want to take any responsibility... and those people are usually thought to be poor black folks.. but really the big free ride goes to the top tax brackets... and to sue insurers like this is a big fat brazen attempt to dodge responsibility and place the burden on somebody else...

it will be interesting to see how far a suit goes in the courts... protecting greedy losers who want to be big time realestate investors but dont want to pay for flood insurance to protect that investment because they would make less money... they took a big risk by not buying insurance.. and by not self-insuring... and they lost.. thats the game... get over it...

i am going to go look at a copy of my insurance...

for the little home owner it sucks for sure.. and for the guys who owned a few little properties it sucks.. but hey... what can you do?... there is risk in any business... and you assume that risk wether you know it exists or not...