Another Bail Out at Taxpayer Expense! The re-drawing of flood maps have less to do with government subsidies and everything to do with oceanfront condo buildings and million-dollar homes

ALERT! Flood Insurance Rates to Skyrocket After FEMA Redraws Flood Maps!

DAHBOO77·

Published on Feb 27, 2014

 

IT'S ABOUT TO HIT THE FAN FOLKS ! This move also makes me think that they KNOW , We have severe flooding coming down the pike!

http://wwlp.com/2014/02/27/flood-insu...


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FEMA has quietly moved the lines on its flood maps to benefit hundreds of oceanfront condo buildings and million-dollar homes, according to an analysis of federal records by NBC News.

Investigations

 

 John Brecher / NBC News

Why Taxpayers Will Bail Out the Rich When the Next Storm Hits

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Flood-zone residents outraged over new insurance rates

CBS News

Published on Sep 28, 2013

 

Residents and business owners in Broad Channel, N.Y., are protesting skyrocketing insurance rates that are part of a new federal law designed to keep FEMA afloat. The new law increases the number of areas that are deemed flood zones and stipulates that homeowners in those areas raise their houses or face increased premiums. Don Dahler reports.

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