Sanford Control
GOVERNOR STILL SPINNING COASTAL INSURANCE CRISIS
FITSNews – May 6, 2007 – S.C. Gov. Mark Sanford held one of his “Neighborhood Office Hours” meetings along the Grand Strand this weekend, meeting coastal constituents and hearing their concerns while nodding a lot and pretending to be an average guy. Not surprisingly, the topic of coastal insurance came up, and since we happened to be down here we stumbled upon it in the paper. From Sunday’s Sun News:
Peggy Musselman of Pawleys Island said she and many others along the coast are struggling under the burden of ballooning home insurance premiums. “I got my bill this morning, and it’s fresh in my mind. [It is] twice what it was last year,” Musselman said. “I don’t know who to blame. I hoped Gov. Sanford would help.” … Sanford said the affordability of insurance is one of the top issues along the Grand Strand. State lawmakers are considering ways to lift the financial burden from residents, he said.
Ah … so now it’s up to “state lawmakers,” is it? That’s a pretty peculiar statement seeing as Sanford has spent months doing damage control along the coast with his newly-minted Director of Insurance, who as far as we can tell is only slightly more intelligent than a gardening tool.
In case you needed a refresher on the coastal insurance situation, here’s the skinny: Sanford refused to implement his previous Insurance Director’s recommendations to help alleviate a brewing coastal insurance crisis out of fear they would cost him votes in an election year. Then, when 20,000 coastal residents lost their insurance policies because of the governor’s inaction, Sanford turned around and fired his previous Insurance Director.
Hey, at least he got something done though.
Comments
By believeitnot on May 7th, 2007 at 7:33 am
Sighhh. Still bitter because you were fired by the governor? Please get over it. Move on with your life. Get come counseling. Some therapy. We are no big fan of the governor either, but these constant drive by attacks of yours are so weak they are getting silly (even by fitsnews standards – and that’s about as silly as it gets). Besides all of your inner hostility will soon start to cause you to stay up late at night, talk to yourself and the next thing you know you will be blogging and surfing porno sites all day long. Get a job. Start a D.J. business. Do something productive.
By Silence Dogood on May 7th, 2007 at 9:17 am
I still really love this coastal insurance idea of Sandfords. When it comes to education, a venue where “the market” has never “taken care of itself” (hence the reason we have public education in this nation) Sanford wants to allow market forces to ‘take care of it.’
Yet another situation where quite arguably the insurance market shoudl take care of itself is coastal insurance. This is also, mind you, in an area where quite arguably not all of us have quite as strong and interest – coastal insurance for expensive homes in areas where the insurance market has already told us buliding shouldn’t be happening. However, I am glad even Sanford can be for “big government” at times when his friends are involved. He is basically try to exponentially expand the federal governments folly of flood insurance, which creates the incentive for building in flood prone areas where the insurance “market” has already shown it is a bad idea. Well, I am glad Mr. Economics is looking out for…his friends. This is sucha ludicrous proposal on his part, but, what’s new?
By restructuring on May 7th, 2007 at 6:23 pm
That is what happens when one boob gets to appoint officials. Under Campbell and before restructuring round 1 , we elected the insurance commissioner.
Maybe we need to go back to the days when the legislature voted the governor in as at least that way we will have a working relationship between the bodies.
Once again, Gov. Sanford proves George magazine was right ranking him one of the 10 worst bosses in Congress. Does he really have a MBA from UVA? I guess if he does, you have to stop at the light in the Hamptons for them to toss it into your car.