Their bills. Neil youd think just whatever funding youre going to have emergency or otherwise have it dont tie it or attach it to anything or put provisos on it . Absolutely not. Straight up or down vote on the aid necessary to make sure the people in houston not only can get through this first period but i could tell you from the Hurricane Sandy period that if this lasts for a while afterward s then the rebuilding on the people are going to need to get their areas back to what it needs to be. Neil well gary says hes right also here charlie gasparin o, ben stein and charles payne, jerry willis off this week so gary, your view is do it get the aid out there, dont start quibbeling about it. 300,000 people have applied for aid, neil. 80 of homes do not have Flood Insurance. These people need help and they need help quick. You do a standalone bill, two words standalone. Though disclaim turpitudes no caveats no nothing get the vote in get the money out, if you need to do it in tranches fine
Insurance companies, the private Insurance Companies would price in the risk. If there was money to be made by pricing in risk, they would do it. This is what we need. Its kind of ridiculous that all of the american taxpayers should be on the hook for National Flood insurance, as tragic as this situation is. Look, the all time record for a flood payout was 20 billion. Hurricane andrew in 1992. That was a cat 5 hurricane. Had it hit miami, there are estimates it would have been 200 billion. Thats a lot for even our federal government is to absorb. David it is. And bruce, already, the National Flood Insurance Program is 23 billion in debt. This storm could make it go up another 10 to 15 billion in debt. There doesnt seem to be any end to it. Well, here is the problem with private insurance managing big risks and so forth. Theyre only good at it, until theyre not. You can look at that in other industries, whether it be aig in financial or health Insurance Companies that did well in the fi
Their bills. Neil youd think just whatever funding youre going to have emergency or otherwise have it dont tie it or attach it to anything or put provisos on it . Absolutely not. Straight up or down vote on the aid necessary to make sure the people in houston not only can get through this first period but i could tell you from the Hurricane Sandy period that if this lasts for a while afterward s then the rebuilding on the people are going to need to get their areas back to what it needs to be. Neil well gary says hes right also here charlie gasparin o, ben stein and charles payne, jerry willis off this week so gary, your view is do it get the aid out there, dont start quibbeling about it. 300,000 people have applied for aid, neil. 80 of homes do not have Flood Insurance. These people need help and they need help quick. You do a standalone bill, two words standalone. Though disclaim turpitudes no caveats no nothing get the vote in get the money out, if you need to do it in tranches fine
Insurance companies, the private Insurance Companies would price in the risk. If there was money to be made by pricing in risk, they would do it. This is what we need. Its kind of ridiculous that all of the american taxpayers should be on the hook for National Flood insurance, as tragic as this situation is. Look, the all time record for a flood payout was 20 billion. Hurricane andrew in 1992. That was a cat 5 hurricane. Had it hit miami, there are estimates it would have been 200 billion. Thats a lot for even our federal government is to absorb. David it is. And bruce, already, the National Flood Insurance Program is 23 billion in debt. This storm could make it go up another 10 to 15 billion in debt. There doesnt seem to be any end to it. Well, here is the problem with private insurance managing big risks and so forth. Theyre only good at it, until theyre not. You can look at that in other industries, whether it be aig in financial or health Insurance Companies that did well in the fi
Anyone see a little bit of hipocracy here Charles Payne . We got amy holmes here, and back with ben stein and all right Charles Payne a little rich thats it. Charles a little rich, pay as you go, we dont like deficits were against the debt and you know, no one takes it seriously and of course these are the same Democratic Party that talked about spending money like crazy as always an investment right . So what about the idea of investing in the American Public and american businesses to keep more of their money that theyve earned by the way and then putting it into the economy. And its on the face of a debt its just its disin again use us you cant take it seriously and the idea of regular order the democrats want to play ball we know theyve been obstruction and republicans have to figure out a way to get this through and not fumble like theyve done with every effort to repeal obamacare. Neil amy what do you think . Amy the one thing senator schumer said i agree with was doing it by reg