I was linked this morning to a disaster-managment site of sorts called Protecting America. Sponsors include Allstate and a host of other insurers and contingency planners, along with several companies like AT&T who probably wouldn't mind receiving a few government bucks to rebuild infrastructure.
The site's front page encourages me to send a pre-scripted letter to my congressman indicating there's just not enough "government and non-profit disaster relief" to go around and that the government should do more. It's the "prompt and caring" thing to do!
Further: "Catastrophe funds, at both the federal and state levels, would provide the backstop necessary for companies to insure against hurricanes and earthquakes in a financially responsible manner that doesn't threaten their solvency or their ability to protect their customers from other potential losses." If the prospect of managing risks threatens your solvency or leaves you unable to protect your customers, why are you in the business of managing risks? Shouldn't you be managing a McDonald's instead?
Subscribe to:
Post Comments (Atom)
1 comment:
The crazed hysteria surrounding global warming will unfortunately lead to more crap like this. The corporations are no dummies, when the government is handing out money. Hey, I made a rhyme!
Post a Comment