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FOR DECADES INS. CO'S COVERED HURRICANE DAMAGE BUT WHEN KATRINA HIT THE GULF COAST AND NEW ORLEANS INS. CO'S REFUSED TO COVER DAMAGES THEY CLAIMED THE DAMAGE WAS DONE BY STORM SURGE NOT WINDS AND THOUSANDS OF PEOPLE WERE LEFT HOMELESS STILL OWING MORTGAGES WHEN THE GOVERNMENT FAILED TO ACT ON THIS A SERIES OF EVENTS HAVE TAKEN EFFECT A LOT OF LENDERS CUT OFF LOANS TO INS. CO'S FOR LEAVING THEM HANGING WITH UNSECURED PROPERTY LOANS THAT WERE UN COLLECTIBLE HURRICANE RITA HIT LAKE CHARLES AREA AGAIN INS. CO'S RENEGED NO GOVERNMENTAL MANDATES
PROPERTY VALUES BEGIN TO PLUMMET IN LA.BE CAUSE UN INSURABLE IN FLOOD ZONES OR TO EXPENSIVE PEOPLE NOT RETURNING TO NEW ORLEANS OTHERS MIGRATING NORTHWARD OIL PRICES BEGIN TO RISE BECAUSE OF REFINERY DAMAGES BY RITA OFFSHORE AND LAND DRILLING START RISING OIL FIELDS GO BACK TO WORK IN LA AND TEXAS PEOPLE BEGIN TO RETURN AND START PAYING THE HIGHER FLOOD INS. RATES GUSTAV DESTROYS GALVESTON AGAIN SURGE DAMAGE NOT STORM DAMAGE LENDERS AND PEOPLE LEFT HOLDING THE EMPTY BAG AND NO REAL HELP FROM GOVERNMENT OIL REFINERY'S DAMAGED AGAIN OIL GOES OVER $100.00 A BARREL LA AND TEXAS START REBUILDING FIRST LAW SUITS STARTING TO HIT COURTS COURTS DECIDE WITH INS. CO'S BIG PARTY'S GO ON WITH INS CO'S BANKS AND PEOPLE LEFT HOLDING EMPTY BAG AGAIN NEW REFINERY S GO ON LINE OIL PRICES PLUMMET TEXAS AND LA REBUILDING STOPS HOUSING PRICES IN LA AND TEXAS PLUMMET BANKS TAKE ANOTHER BIG HIT START CALLING IN LOANS FROM INS CO'S BAIL OUT STARTS CAUSING STOCK MARKETS TO FAIL AMERICA BECOMES AFRAID OF MARKETS AND STOP BUYING LAYOFFS BEGIN
AND STILL THE BAIL OUT PACKAGES ARE DESIGNED TO BAIL OUT THE INS CO'S GULF COAST STILL HOLDING EMPTY BAG AND REALLY HURTING BUT NO HELP
GOVERNOR JENDAL OF LA MAKES NATIONAL PLEA AND A STAND ON THE STEMLESS PACKAGE BY REFUSING THINGS THAT WILL COST LA MORE MONEY IN THE LONG RUN AND GETS LAUGHED AT BY NATIONAL MEDIA THE CLASSES IN THIS COUNTRY ARE 4 LEVEL 1 NEEDY 2 WORKING 3 BLUE COLLAR 4 ELITE
THE BAIL OUT MONEY AND SPENDING PACKAGES ARE GOING TO THE UPPER TWO CLASSES LEAVING OUT THE NEEDY AND THE WORKING CLASS
TO PUT THIS COUNTRY BACK ON THE RIGHT TRACK IT HAS TO GO BACK TO THE GULF COAST AND EITHER MAKE THE INS. CO'S PAY THE DAMAGES OR PAY THEM ITSELF THIS WOULD IMMEDIATELY RELIEVE THE LENDING CRUNCH OPEN UP NEW HOUSING STARTS BRING PROPERTY VALUES BACK UP AND PUT PEOPLE BACK TO WORK AND PEOPLE WOULD START BUYING AGAIN EPICALLY THOSE ON THE GULF COAST THAT NEED EVERY THING
WHAT'S GONA HAPPEN IN CALIFORNIA WHEN INS CO'S STOP COVERING WIND BLOWN FIRES AND THE MILLION DOLLAR HOMES . ARE SUDDENLY WORTHLESS IM SURE YOU WILL BE ALL FOR BAILING OUT THE INS CO'S WHEN CAL BANKS STOP LOANING THEM MONEY.
THE IRONY OF THIS THE ONLY POSITIVE INDICATOR IN GOVERNMENT COMES OUT OF LA ITS THE ONLY STATE IN THE NATION THAT IS STILL GROWING JOBS