Sunday, September 11, 2005

Insider trading in Miami-Dade

This is not about FEMA. It's more about why roomates of Washington insiders sometimes get appointed to certain key positions.

Dissident Voice, via Mike Golby:
Michael Brown, the embattled head of the Federal Emergency Management Agency, approved payments in excess of $31 million in taxpayer money to thousands of Florida residents who were unaffected by Hurricane Frances and three other hurricanes last year in an effort to help President Bush win a majority of votes in that state during his reelection campaign, according to published reports.

...the most interesting charge against Brown is that he helped speed up payments in Florida and purposely bypassed FEMA’s lengthy reviews process for distributing funds in order to help Bush secure votes in the state during last year’s presidential election.

Bob Hunter, Director of Insurance for the Consumer Federation of America, who was a top federal flood insurance official in the 1970s and 1980s and a Texas insurance commissioner in the 1990s, told the Post, “that in the vast majority of hurricanes, other than those in Florida in 2004, complaints are rife that FEMA has vastly underpaid hurricane victims. The Frances overpayments are questionable given the timing of the election and Florida's importance as a battleground state.”
We had. our. suspicions.

1 Comments:

Blogger jiri said...

Cool Blog, I never really thought about it that way.

I have a Hurricane Katrina blog. It pretty much covers hurricane related stuff.

Thank you - and keep up the thoughts!

10/03/2005 6:31 PM  

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