Mitt Romney weathered a storm of criticism late in the campaign after Hurricane Sandy for his earlier comments about privatizing FEMA and turning responsibility back to State and local governments. But during an era of fiscal restraint and global warming, it's high time that we start this conversation in earnest. How big do you want your FEMA to be, how generous your disaster relief payments, and how much do you want to pay? In today's New York Times op-ed section, there is an article that points out the potential liability for flood insurance alone is $1.25 trillion, second only to the liability for Social Security. Right now, we have arguably the worst of both worlds. The Federal Government responds to disaster, usually paying too much for the wrong people to do the wrong things. We provide Federal money to put people back in harm's way and sometimes provide infrastructure to make future, risky development worse. We often take remedial action like fortifying beaches, a temporary solution that can actually accelerate erosion elsewhere, shift storm damage down the coast to another spot or more serious flooding down river. By giving the illusion of protection, more people locate in dangerous areas, and the vicious cycle is repeated with untold damage to families, with loss of life, loss of property, disruption of business. Perhaps we'd be better off if we began with a serious conversation about what people expect from FEMA and heavily subsidized flood insurance.…
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