But each of them voted just last year in support of government-run insurance, that insurance however protects property. It is the National Flood Insurance Program created in 1968, because the free market decided it could not make money on that unpredictable risk called flooding. Government-run flood insurance is sold through private insurance companies but it is backed by the government and the government assumes all risk. Unlike the public option which relies on customer premiums, government flood insurance gets a subsidy—also known as a handout—from the government and it is mandatory for some people.

So given all the shouting over a public option, who could vote for mandatory taxpayer subsidized, anti- free market socialized flood insurance run by government bureaucrats? Every single politician I just named and most of Congress. Charles Boustany of Louisiana, along with 44 other Republicans, including going bipartisan on September 27th, 2007 to vote yea on the Flood Insurance Refo

I owe you a pop ratilfar.

Great clip.

Thanks.