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Factoid/2014/02/27

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< Beachapedia:Factoid‎ | 2014‎ | 02


The Federal Flood Insurance Program Encourages Building Too Close to the Coast

"The moral hazard of subsidizing risk is, we're going to rebuild right where we were, just the way it was, and we're going to get wiped out."- quote from FEMA Director Craig Fugate in NPR news story.

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