Gustav

[MTK]

Originally Posted by Buster

You don't see any problems there?

enough with the games what are you saying exactly?

[That Guy]

if a bank tells you they've got a great deal that can get you into a million dollar home for only 2200 a month, does that make it a great deal? cause i mean, after all, the bank is the one that said it was, and they should know...

the banks probably waived it to be competitive with lower rates/fees than the "other guys." If it wasn't federally/locally mandated, how can you prove or enforce that they were negligent?

whoever made those flood maps and assumed the structural integrity of the levees screwed up. from what i heard (warning, not proven fact) the army CoE knew those levees wouldn't stand up to a massive storm back when they were built, so i don't know when the locals forgot that information, but it'd be pretty important...

[FRPLG]

To me if they didn't have enough insurance, for whatever reason, then the blame lays at their feet. If the bank told them they don't need it then sorry but I don't trust a bank to give me advice on flooding. The mentality that it was someone elses fault that they didn't have insurance or enough of it is a mentality that is dangerous. It is a perpetuation of a treand in our nation to pass the buck whenever the going gets tough. I understand that it may seem reasonable that the bank would give them the straight dope but to em those people made dumb decisions. Does that mean I have no compassion for them? NO. Does it mean I don't think we shoudl help them? No. Does it mean I don't think every American tax payer should have to pony up a bunch of money to help them rebuild in a place likely to face similar disasters in the future? You bet.