I’m sure by now regular readers are well aware that Texas Congressman Ron Paul is serving out his 12th -- and final -- term in the House of Representatives and will soon retire from public life. Somewhat unexpectedly, however, during his humble and moving final speech on the House floor a few days ago, I was surprised to hear him speak, among other things, about his “failure” to rein in the size and scope of government during his long and distinguished political career. To some extent this is undoubtedly true -- after all, the United States is headed straight...
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This Republican-controlled Congress overwhelmingly passed "H.R. 1309: Flood Insurance Reform Act of 2011" on July 12, 2011. It's purpose: "To extend the authorization of the national flood insurance program, to achieve reforms to improve the financial integrity and stability of the program, and to increase the role of private markets in the management of flood insurance risk, and for other purposes." Why does the government subsidize millionaires buying insurance for their large homes on beachfront property? Most of this money goes to two states; Florida and Texas. When I was a kid, most beachfront dwellings were cottages. Now, thanks to taxpayer financed insurance, wealthy people build mansions.
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