Rebuilding New Orleans
According to FoxNews, Mayor Ray Nagin said that New Orleans residents should be allowed to rebuild anywhere -- as long as they do so at their own risk. Quoth the good mayor I don't recommend you going in areas I'm not comfortable with. I'm confident that the citizens can decide intelligently for themselves..
Actually, I am too. Unfortunately, I'm afraid that citizens will intelligently decide to rebuild in dangerous areas. Why? Because apparently poor decisions no longer have harsh consequences. President Bush's Gulf Coast Rebuilding Coordinator, Donald Powell, recently announced that President Bush would seek $4.2 billion for uninsured home owners that lived in the flood plains of New Orleans. The home owners that lived in that flood plain risked being flooded out. Many of them chose to accept that risk even without flood insurance. No matter. The federal government is now promising to cancel out any of the painful consequences of those decisions.
With consequences like that, I'm sure many citizens will choose to live wherever they please. It would be an intelligent decision too. After all, if the government's bailed them out once, it's likely to do it again. And we'll pay for it. How's that for living in the land of freedom and opportunity? Our government is guaranteeing that you can have the freedom to live wherever you want and your fellow citizens will have the opportunity of paying for your choice.
This entry was tagged. Free Market Government Insurance Katrina Nanny State