Nationalizing Insurance for Hurricanes

Just the folks I thought would be behind a socialistic maneuver: "As hurricane season begins, Democrats in Congress want to nationalize a chunk of the insurance business that covers major storm-damage claims."

This proposal is based on the idea that the 50 state's taxpayers would fund a reinsurance program, effectively taking on some of the risk that private companies normally would do.

Sorry Allstate and State Farm (two of the backers of this), I'm not buying into this.  Insurance in it's purist form is a capitalistic, societal issue,  not a governmental thing.  The whole history of insurance was based on the pooling or the spreading of risk over multiple people.  That didn't include yanking people in that did not have a "dog in the fight".  They all were there by choice.

-Colonel Steve