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View Diary: What a "privatized" FEMA looks like (57 comments)

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  •  The ultimate effect of such schemes is to force (0+ / 0-)

    people to minimize the risks that they take--because if they suffer the fallout from their risk, they will be personally responsible for the outcome.

    Libertarians and randians cheer such a result; we as a society will only suffer because of it.

    Gee, you've decided to live in an area subject to flooding?  Don't have enough resources to fix yourself up if your home is flooded?  Better move!  And who will be there to buy your flood-prone property at rock-bottom price?  Well, those of us with money!

    The same sort logic applies to fire-prone, earthquake-prone, hurricane-prone areas.

    Result:  massive transfer of wealth to the already wealthy.

    When a you create a risk-averse society, citizens won't undertake other risky ventures either:  like starting new businesses, or forgoing a paycheck now in order to get additional education that may lead to higher income in the future.

    The only people that benefit from such a "you're on your own" society are those already at the top who have the resources to take advantage of those others in society who have no choice but to accept risk, and then suffer if the risk they took doesn't pan out as expected.

    "When and if fascism comes to America...it will not even be called 'fascism'; it will be called, of course, 'Americanism'" --Professor Halford E. Luccock of Yale Divinity School; New York Times article from September 12, 1938, page 15

    by demongo on Wed Oct 31, 2012 at 09:31:27 AM PDT

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