Charlie Crist veto of a hurricane insurance reform bill last week all but guarantees a state disaster on top of any wrought by Mother Nature.
The bill would have trimmed the cost of a state-run enterprise that insures homeowners against storm damage. The program has an $18 billion unfunded liability and has taxpayers on the line for tens of billions in property losses from the next major hurricane. The Republican legislature tried to reduce those future losses, but Mr. Crist sounded like Barney Frank rolling the dice on Fannie Mae in declaring there's nothing to worry about.
Yep, sounds like he is made for Washington. Does anybody know where I can contribute to his campaign?
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