The insurance bill, S. 637, would allow nonprofit insurance programs like the California Earthquake Authority to use federal loan guarantees to lower the cost of earthquake insurance. SenatusWhat does this mean?
This is the anti-earthquake preparedness. What Babs doesn't realize, or she hopes we don't see it, is that Californians will pay a 25% premium for quake damage insurance because we got Congress involved in collecting California taxes to pay for Californian damages. Not only that, California builders now know that Babs will send in Federal agents to take our money and cover the costs for shoddy building work.
Babs Boxer is a nutcase, and shouldn't be allowed near a legislature.
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