Dems Dream Up More Pre Election Handouts For Votes

They just want to turn over everything and anything they can to the government, the dems in particular, who cannot even run a primary election season without crewing it up, in a year the most unpopular president in history is leaving office they still will manage to f*** up this election, and thank goodness for that.

Yet there are millions of Americans still whining they haven't gotten enough free stuff from Katrina mostly that want the government in charge of their health insurance, now hurricane insurance, etc etc and who knows what next?

Taxpayers May Face Hurricane Tab -

WSJ.com: "WASHINGTON -- As hurricane season begins, Democrats in Congress want to nationalize a chunk of the insurance business that covers major storm-damage claims.

The proposal -- backed by giant insurers Allstate Corp. and State Farm Mutual Automobile Insurance Co., as well as Florida lawmakers -- focuses on 'reinsurance,' the policies bought by insurers themselves to protect against catastrophic losses. The proposal envisions a taxpayer-financed reinsurance program covering all 50 states, which would essentially backstop the giant insurers in case of disaster.

The program could save homeowners roughly $500 apiece in annual premiums in Florida, according to an advocacy group backed by Allstate and State Farm, the largest writers of property insurance in the U.S.

But environmentalists and other critics -- including the American Insurance Association, a major trade group -- say lower premiums would more likely spur irresponsible coastal development, already a big factor in insurance costs. The program could also shift costs to taxpayers in states with fewer natural-disaster risks.

'This bill makes it a little bit too easy for the state to go to the federal government for a bailout,' said Eric Goldberg, associate general counsel at the American Insurance Association". Continued

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