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J. Clarke[_5_] J. Clarke[_5_] is offline
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Default The Houston Gang An update 8/30

On Thu, 14 Sep 2017 17:25:38 GMT, (Scott Lurndal)
wrote:

writes:
On Thu, 14 Sep 2017 16:51:13 GMT,
(Scott Lurndal)
wrote:

writes:
On Thu, 14 Sep 2017 13:08:58 GMT,
(Scott Lurndal)
wrote:

writes:
On Wed, 13 Sep 2017 14:08:53 -0500, Markem
wrote:

On Tue, 12 Sep 2017 22:24:02 -0400,
wrote:

The FEMA trailers made during Katrina weren't much good the
first time around.

The people in Indiana who built most of them might disagree, the
stories of bad trailers are likely the one that got the most press. It
did pump money into Indiana to people who needed it.

Broken windows are great for the economy. Too bad we don't have more
cat-4 hurricanes.

Buy your automaker stocks now - they're about to replace 700,000+
flooded out vehicles.

...and what about the other side of the equation. Leftys never look
at the whole picture.


Please, enlighten us as to the "other side of the equation". Demonstrate
your superior education in economics.


OK, I know it won't help a lefty understand economics (an
impossibility)


but the opportunity lost from the money that now has to
go into replacing those vehicles exceeds the economic gain from the
companies making the replacements.


As you'll note above, the statement was simply that it's likely that
the automakers will have higher output the next couple of quarters, which
may make investing in them more attractive. In no way can the
statement be confused as making any comment on the overall economic picture
related to the replacement.

As usual, you've jumped to a conclusion that allows you namecall, like
any 4th grader.



Now, you want to talk politics, we can discuss the lack of zoning in
the Houston area that led to many houses being built in flood zones,


So it's better if factories or stores or farms are in flood zones?

and the inability of congress to write rules restricting the application of
government backed flood insurance to locations that should never have
been built-on in the first place. Perhaps pay off once, but never again
for the same property.


The whole point of goverment flood compensation (it's not "insurance"
in anything but name) is that it pays for damage to properties that no
insurer in their right mind would cover.