The folly of national disaster insurance

Re “Change Sought to Cover Losses,” Oct. 5

National disaster insurance will be a disaster. 1) Insurance companies will follow in the footsteps of big oil with guaranteed windfall profits, and rich men will line their pockets with the new poor’s money, previously termed the middle class. 2) The program will be huge, unmanageable and riddled with corruption as all large government programs become. 3) The nation as a whole can no longer make good on all the entitlements it promises (my Social Security date has already been pushed back).

Why should people who cannot afford to live in a mansion on the beach, or who do not stupidly build or buy in high-risk areas, have to pay for the poor judgment of developers and wealthy buyers?

LAWRENCE TURNER

Glendora