Wednesday, April 09, 2008
And Castles Made of Sand...
So here I am, flogging the dead horse about flood insurance and risk and coastal/riverine development, and then there's this. Not only are we subsidizing the flood insurance for high cost/high risk development on the coast at the federal level, but we are also spending upwards of $100 million state tax dollars to subsidize the sand on which those monstrosities are built. And why are we renourishing the beaches? Because they are made of sand and sit directly next to nature's most powerful erosionary force- the ocean. I guess we'll never learn.
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