15 hours +
How the Federal Government took over the Flood Insurance Business
By Margaret Snow
If you could develop a market for a product, then develop the product, and then force hundreds of thousands of people into buying the product, WOW, what a concept! Of course, in the private sector, that isn’t the way it works.
But if you were the all-powerful Federal Government, why not?
The “Federal Flood Management Program / National Flood Insurance Program”
In 1968 through legislation the National Flood Insurance Act of 1968 was enacted. This enabled property owners to purchase flood insurance through a Federally Backed Program. All participation in this program was strictly voluntary.
Like many Government Programs that start with the idea of helping those who need it, the program soon became a basis for passing new legislation & expanding the role of Government.
In 1973, only a few short years into the National Flood Insurance Act, legislation expanded the Flood Insurance to a mandatory status on all structures that were built in a designated flood zone and were mortgaged with a Federally Insured Lending Agency.
This legislation basically rocked along offering this federally backed insurance to those whose property was in a flood zone for 31 years. In 2004 the entire program was revised after Katrina and FEMA’s distribution of over $4 billion in Katrina relief.
FEMA was deeply indebted and it is entirely possible that legislators saw a way to build a business model that could help fund the agency. Thus the legislature passed putting the entire program under the direction of FEMA and funneling a network of fees & premiums back into FEMA’s coffers.
A complete package was put into place & a marketing campaign sold the program as “partnering with private insurance companies to provide a helpful needed product.” Flood insurance purchases were likely to increase after the natural disaster Katrina, but to generate the amount of money needed it would be necessary to mandate many more people had to buy flood insurance.
[Editor's note: While this article was written in 2011, much has happened since then. Margaret Snow and some others met with our Oklahoma Attorney General Scott Pruitt to brief him on matters. It may be time for an update. Margaret Snow serves as a Republican Precinct Chair is Washington County Oklahoma and works in the design field. With this article and her personal story, she has definitely uncovered and revealed information that touches many people. I believe she has provided us an example and a mode of operations of not one but many federal agencies that are actively working to strip away our individual rights and property rights at our own expense.]
More information via OK-SAFE on topic of FEMA Flood Zone ReMapping here.
(find appropriate broadcast and then you can listen or download – shows are in date order so scroll down)
Truth in Focus Radio Show on FEMA (download to listen; right click to save target as)
FEMA Flood Zones – David McLain and Margaret Snow
08/21/2011: Guest David McLain, pastor of a church in Skiatook, OK recounts his experiences with a FEMA representative and a city official, who attempted to designate his church property as a flood zone. When asked by what authority FEMA was acting, specifically what constitutional authority he was operating under, the FEMA rep. answered that FEMA operates outside of the constitution, and is in fact international. Guest Margaret Snow, landowner in northern OK recounts how her property, which has never flooded, was designated floor zone by FEMA and how this resulted in the immediate reduction in the value of her property.
For further information and the actual ballot wording please see the OK-SAFE website.
Originally published on: Oct 23, 2010 @ 15:16
My biases are Christian, Constitutional, R3publican (that would be a Republican Restoring the Republic), limited government, less government, less spending, grassroots oriented. If you like big government and keeping the status quo read no further. If you want accountable limited constitutional government then read on and share as you will. Above all else needed this cycle is prayer for our country, our government, our people and our churches. We need to wake up and remove the log from our own eye, we need to hold our leaders accountable, and we need to ask for the Lord’s mercy where we have ignored his commandments in our own lives as well as the public square.
Sample ballot in Washington County follows:
Reprinted from a friend’s correspondence (thanks Amanda!)
As most of you know who read here, I am active with R3publicans and was an original founding member and serve on the policy board as such. The policy on our released endorsements is that if we do not have consensus, we do not endorse in a race, so the list is rather short and here is the link for Oklahoma R3publicans Endorsements for 2010 which went out this weekend. My personal picks and thinking are below with links to their sites (the ones I know) for more information as desired:
Crystal clear on Randy Brogdon for governor
Crystal clear on Nathan Dahm for congress district 1
Crystal clear on Mark Costello for labor commissioner
Crystal clear on Owen Laughlin for state treasurer – this could be the most critical race on the ballot and his opponents ads and representations are blatantly false and misleading. Danger warning heads up on this one.
Governor: I am crystal clear on Randy Brogdon and you should be too!
Lieutenant Governor, I much prefer John A. Wright. I have some differences with him on key issues and will discuss those with him as time permits in the future.
State Auditor and Inspector: I will be voting for David Hanigar but do not know much about him. I do know a lot about Gary Jones.
Attorney General: I lean to Ryan Leonard, but have been impressed with Scott Pruitt in the past.
State Treasurer: I am crystal clear on Owen Laughlin. This could be the most critical race on the ballot and his opponents ads and representations are blatantly false and misleading. Danger warning heads up on this one!
Superintendent of Public Instruction: I will vote for Janet Barresi. I am hearing rave reviews from friends but I have not met her or seen much information on her.
Labor Commisioner: I am crystal clear on Mark Costello for labor commissioner.
Insurance Commissioner: I am planning to vote for Mark Croucher, but I have friends supporting all three and do not know any of them well.
Corporation Commissioner: I will vote for Dana Murphy. I have supported her in the past as well.
US Senate: I plan to skip this race and abstain because I told Tom Coburn that if he voted for the bailout (first one called TARP) that I would not vote for him again. I intend to keep my word. Just for the record that applies to all bailout voters and has not been selectively applied here and it will continue for me as a matter of principle. You must earn my vote. It is not free. It requires attention to the constitution on the big votes and the little ones.
US Representative in District No. 1: I am crystal clear on Nathan Dahm and have been actively working with him during his campaign for the seat. He is working to replace a TARP ‘bailout’ voting incumbent.
District Attorney in District No. 11: I am a solid supporter of Kevin Buchanan. I have helped him in the past and believe he is much needed in this slot.
County Clerk: I will vote for James Weaver, but do not know him or his opponent well.
Submitted for your prayerful consideration.
For Life and Liberty,
Republican Precinct Chair #28 in Washington County
R3publicans (founding member/policy board)
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