Why do Republicans (Tea Party) never want to provide funding to disaster areas? Because they have added so much STRUCTURAL DEBT to the USA Treasury there is no room to breath.
Think about it.
From the years 2001 through 2009 the Republicans (Tea Party) ran rates of Structural USA Debt so high that when the same Republicans had to raise the debt ceiling they refused until the last minute and showed the world exactly how outrageous their spending is without intentions to pay it on time, hence, the credit rating change. What do you think caused the credit rating change of the USA? The STRUCTURAL DEBT did and the fact the treasury received less monies than ever before in ratio to the debt owed.
Less money into the USA Treasury because of lost jobs, disappearing wages, loss of equity of Americans and complete realization there is more hatred of the Middle Class taxpayer than the world ever realized.
The Republicans did all that spending with complete abandon to what laid ahead and then came Superstorm Sandy. The GOP is the worst governing body in the USA. The absolute worst with no respect for our children, the nation's brain trust (why not hand out more visas than pay for education - you know, hire the 'wetbacks), minorities and the inequity in their wealth and upward mobility or unions and their ability to grow and develop the Middle Class and economies.
THE STRUCTURAL DEBT of the USA has and is the problem and the Republicans (Tea Party) do not respect those that lent the money to make it all happen for them for eight long years only to face a recovery to the USA economy in the Trillions while the people of this nation lost the American Dream.
The President's report about having a recovering housing market is nothing short of a miracle.
By M. Scott Carter
August 5, 2013
The May storms in Oklahoma (click here) that produced two EF-5 tornadoes, destroyed thousands of houses, resulted in 46 deaths and sent damage estimates above the $5 billion mark, were extreme examples of a years-long pattern of storms that has the insurance industry wondering what’s next.
Dan Ramsey, CEO of the Independent Insurance Agents of Oklahoma, said the past five years have been very difficult ones for insurance companies that write policies in Oklahoma.
“The thing is, the lesson is still being learned,” Ramsey said. “This is the fifth year in a row that portions of Oklahoma have been devastated. It’s a disturbing trend.”
It’s also expensive....
...“It’s a picture that is disturbing,” Ramsey said. “When you’re paying out 14 cents more than every dollar collected, that’s a problem. Insurance companies can’t survive that way.”
He said the problem has become so bad that at least three insurance companies announced they would no longer write policies in Oklahoma due to high losses.
“If the trend continues, it could be a problem,” he said. “You have to have a stable insurance market to encourage economic development. If the insurance industry isn’t there, things stop.”...
Who is going to write these policies? Howard Hamm? I think most of the oil profits he gets went mostly to his ex-wife if I am not mistaken. Who is going to write these policies? The petroleum industry while they leak methane and produce CO2 fuels? Who is going to write them? I'll give you one guess. The USA people will have to write them. The cost to the USA Treasury should first be paid by the oil subsidies and end this moral travesty!
Think about it.
From the years 2001 through 2009 the Republicans (Tea Party) ran rates of Structural USA Debt so high that when the same Republicans had to raise the debt ceiling they refused until the last minute and showed the world exactly how outrageous their spending is without intentions to pay it on time, hence, the credit rating change. What do you think caused the credit rating change of the USA? The STRUCTURAL DEBT did and the fact the treasury received less monies than ever before in ratio to the debt owed.
Less money into the USA Treasury because of lost jobs, disappearing wages, loss of equity of Americans and complete realization there is more hatred of the Middle Class taxpayer than the world ever realized.
The Republicans did all that spending with complete abandon to what laid ahead and then came Superstorm Sandy. The GOP is the worst governing body in the USA. The absolute worst with no respect for our children, the nation's brain trust (why not hand out more visas than pay for education - you know, hire the 'wetbacks), minorities and the inequity in their wealth and upward mobility or unions and their ability to grow and develop the Middle Class and economies.
THE STRUCTURAL DEBT of the USA has and is the problem and the Republicans (Tea Party) do not respect those that lent the money to make it all happen for them for eight long years only to face a recovery to the USA economy in the Trillions while the people of this nation lost the American Dream.
The President's report about having a recovering housing market is nothing short of a miracle.
By M. Scott CarterAugust 5, 2013
The May storms in Oklahoma (click here) that produced two EF-5 tornadoes, destroyed thousands of houses, resulted in 46 deaths and sent damage estimates above the $5 billion mark, were extreme examples of a years-long pattern of storms that has the insurance industry wondering what’s next.
Dan Ramsey, CEO of the Independent Insurance Agents of Oklahoma, said the past five years have been very difficult ones for insurance companies that write policies in Oklahoma.
“The thing is, the lesson is still being learned,” Ramsey said. “This is the fifth year in a row that portions of Oklahoma have been devastated. It’s a disturbing trend.”
It’s also expensive....
...“It’s a picture that is disturbing,” Ramsey said. “When you’re paying out 14 cents more than every dollar collected, that’s a problem. Insurance companies can’t survive that way.”
He said the problem has become so bad that at least three insurance companies announced they would no longer write policies in Oklahoma due to high losses.
“If the trend continues, it could be a problem,” he said. “You have to have a stable insurance market to encourage economic development. If the insurance industry isn’t there, things stop.”...
Who is going to write these policies? Howard Hamm? I think most of the oil profits he gets went mostly to his ex-wife if I am not mistaken. Who is going to write these policies? The petroleum industry while they leak methane and produce CO2 fuels? Who is going to write them? I'll give you one guess. The USA people will have to write them. The cost to the USA Treasury should first be paid by the oil subsidies and end this moral travesty!
