"Victim" cries because FEMA garnishing social security (insurance, companies, cost)

[KUchief25]

I guess they are learning the hard way that nothing is free. Well except the 100 grand FEMA and insurance companies gave em.

"PORT BOLIVAR - Roy Mooney was surprised to learn early last year that the federal government was deducting $180 each month from his $1,200 Social Security check. "I had no idea they could do that, just haul off and do it," the 79-year-old said."


To collect debt, FEMA takes part of Ike victim's Social Security - Houston Chronicle

[01Snake]

Why buy insurance when you can simply depend on the the Government (ala Taxpayers) to "insure" your home.

FEMA: Another US taxpayer-funded boondoggle

[KUchief25]

Yep. Thats the thing though the article says the guy got 80 grand from his insurance company and then stayed for free for 18 months thanks to FEMA and after he overstayed they said hey wait a second we want some money back and now it's not just fair. Eighteen months isn't long enough. Hell that's eighteen months they were receiving soc security and paying no rent and they got their insurance payout to boot. I've seen some sad stories from these hurricanse but these folks are not one of em.

[ottomobeale]

Odd.

Random thought: Why were the Katrina people allowed to stay like 4 years penalty free?

Random other thought. Dont build your house on a ****ing beach.

[GregW]

They should have defaulted on the mortgage and let the bank own the property then moved into a mobil home park or an assisted living arangement for the elderly. Paying off the mortgage was their big mistake. After all banks are insured are they not?

[Cletus Awreetus-Awrightus]

Originally Posted by 01Snake

Why buy insurance when you can simply depend on the the Government (ala Taxpayers) to "insure" your home.

FEMA: Another US taxpayer-funded boondoggle

exactly. Then you can go live on a barrier island in the gulf, and b*tch about it when the inevitable occurs. Problem solved!

[HappyTexan]

Originally Posted by GregW

They should have defaulted on the mortgage and let the bank own the property then moved into a mobil home park or an assisted living arangement for the elderly. Paying off the mortgage was their big mistake. After all banks are insured are they not?

Homes are insured by the homeowner. The bank is listed as the lien holder.
Just like when you buy a car and finance it..you pay for the insurance.

[Darkatt]

I think the whole thing is wrong, in that it's not the federal government's job, it's the state's job. shut down fema totally.

[Mathguy]

Originally Posted by ottomobeale

Odd.

Random thought: Why were the Katrina people allowed to stay like 4 years penalty free?

Random other thought. Dont build your house on a ****ing beach.

Heh, reminds me of the FL homeowners insurance debacle.

Let's see:
1) Strengthen building codes after Andrew etc.
2) Repeal building codes as too expensive.
3) Force insurers to charge below cost rates for worst coastal property risks in order to help development (aka the rich and other cronies)
4) When insurers can no longer stomach the exposure...blame them for the entire mess.
5) Have the state run insurer (ie. taxpayers) now insurer the worst coastal property risks....at below cost rates.
6) Next bad hurricane year, FL and it's taxpayers grabs it's ankles.

[HappyTexan]

Originally Posted by Mathguy

Heh, reminds me of the FL homeowners insurance debacle.

Let's see:
1) Strengthen building codes after Andrew etc.
2) Repeal building codes as too expensive.
3) Force insurers to charge below cost rates for worst coastal property risks in order to help development (aka the rich and other cronies)
4) When insurers can no longer stomach the exposure...blame them for the entire mess.
5) Have the state run insurer (ie. taxpayers) now insurer the worst coastal property risks....at below cost rates.
6) Next bad hurricane year, FL and it's taxpayers grabs it's ankles.

Good post. I wonder how many people actually see how this (government intervention to "protect you") has turned out for so many programs.
It's always turned out the same way..overpriced and heavily subsidized or fully subsidized by the very government who started this.