Skyrocketing Flood Insurance Rates Bring Financial Chaos

When Superstorm Sandy slammed into New York and New Jersey last fall, it sent massive floods through the streets of coastal towns and cities across the Northeast, turning areas like Toms River, N.J., into something like a war zone.

But nearly a year later, residents there and in many other coastal communities across the U.S. face a potentially far more devastating menace: a nationwide revamp of flood insurance rates, forcing premiums that were once around $500 per year into the $5,000-, $10,000- and even $20,000-a-year range and higher.

Advertising NONSENSE

Endless NONSENSE — GLOBAL WARMING’S CONSEQUENCES MUST ALL BE BAD, BY DEFINITION …::: Could Global Warming Reduce the Threat Posed by Atlantic Hurricanes?

I seem to recall it was the new world of endless Katrina’s. Wht has happened??? And what do you think the coming ICE AGE will do?

Be prepared.

 

Awww, Sorry

Well one of the things the Democrats were hoping for, Katrina part 2.

Nope …

New Orleans officials announced Monday that they’ve decided not to call for mandatory evacuations in the city ahead of Tropical Storm Isaac‘s landfall,  but evacuations have been ordered for many residents in surrounding parishes, particularly those outside protective levees.

Mayor Mitch Landrieu had said that a mandatory evacuationwould not be ordered unless the storm was expected to become a Category 3 hurricane. On Monday afternoon, withforecasts still predicting a Category 1 storm, or possibly a Category 2, he announced that no mandatory evacuation would be ordered.

“There is a point beyond which a mandatory evacuation would not be possible. I believe we’re at that point,” Landrieu said at an afternoon briefing with Gov. Bobby Jindal and a handful of local parish presidents. He added: “We are not expecting a Katrina-like event with breaking the levees.”

Ham Radio’s Role in Emergencies

Watch this video … As people stand on their houses and wave … Sounds like Katrina, as hopeless people become helpless in a flash …

How do people get this dumb, I bet it takes work.

What will you do??? Wait for Obama to tell you?