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Is estimated the damage caused by hurricane sandy will be between -- thirty and fifty billion dollars and much Abby picked up by the taxpayer.
How -- justices that is not good he joins us now.
So but twenty years ago you know will be chops lavish beach -- west Hampton beach -- -- Long Island.
And he got swept away -- right right right dot.
Totally gone for a limited we have got a -- pictures that we've -- that we put up there to stop excessive floats out to deceit.
Twenty years later that same area got hit hard.
And you say -- I say the government should stop insuring areas like that and people like me you are -- -- enough to build on the edges of motions.
So you say that's not sausage house until we -- -- pictures but I made a mistake.
You say that if you buy.
A waterfront property.
Nobody would have nobody wants to ensure -- -- mean what is that.
Then you take your own risk that -- private insurance market is saying you -- they're not in a risky place though the film there.
-- -- you -- nobody can live near the water.
Anybody can live near the water he wanted to get insurance will then take a risk with your own money but don't ask the taxpayer.
To -- -- how much should the taxpayer cover you in your house got swept away.
It was about 250000.
Dollars and at the time that cover the hole cost of the house so FEMA.
Was it FEMA money they've got FEMA money I.
-- -- you cash a check yeah.
Do you feel bad about -- -- -- -- we'll do it again she did you 5250.
Back to the for the government I give more than that to charity and not gonna give -- to the government it'll waste it so that's true and that's -- -- -- So you say that that if you are in any kind of like Malibu California may be -- up on the hill with such -- fire zone.
So if you're in any gotta zone that may be risky the government say I hear your holiday -- finding is sure is gonna do it for an exorbitant price that's all right maybe candidate top.
Exactly and the private insurers are experts and figuring out what's a good risk.
That's information that the government obliterates by saying.
All we don't want anyone to lose will -- you get a big W at a high rate and connect give me a bonus on this if you have to buy insurance.
Fueled beachfront property from the government yet you're paying a lot of money but they're not paying the real cost because otherwise the if the flood insurance plan wouldn't be billions in the Richard -- more than you would to a private company and if you have to -- FEMA insurance government insurance I I had to do it a couple of times and I know.
So now you have a lot of a rebuilding.
President Obama is out there with Chris Christie.
And and their best friends now -- -- sharing ice cream cones.
And and but the government has an obligation I think to rebuild the world as -- Katrina and to rebuild New Jersey -- enough.
They -- not they have an obligation to get out of the way so you could rebuilding what -- on one hand providing roads and infrastructure is gonna do that though.
Peaceful free people who choose to do so -- -- -- storm or an earthquake or tornado rips apart.
You say the government -- help out at all the government should keep the peace make sure there's no looting and leave we -- rebuilding.
Money -- all we call or an early opponent and who's gonna do that.
Free private individuals who.
Have the money who bought private insurance who wouldn't want to take the rest you know I mean if there's a lot of different circumstances of people who rent to.
-- you say no relief at all should know.
No relief at all share released it would better if he wasn't competent.
He mark but you're here might not -- like that exist today under your it might not be there so be it.
John -- everybody.
You can write -- -- -- yeah.
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