Quote:
Originally Posted by baddog
So you are talking about a very small minority of people. I believe the "purpose" of this forced insurance is to ease the burden on the federal coffers. You think this is as big a problem?
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Are you referring to healthcare easing the federal coffers? or homeowner's insurance?
Neither one "eases the coffers" it just pushes the burden onto the tax payers... it's the same thing the money just exchanges different hands...
In fact healthcare "forced insurance" actually INCREASES the cost of healthcare. You have to have new czars, governing bodies, people to collect the money, 16k IRS agents... These are expenses not present currently.
There is no forced homeowner's insurance... the requirement to have it when you get a loan is for the underwriter to ensure his investment is safe against "acts of god"... or whatever else may befall your home.