OFF BEAT: Ron Paul stresses importance of insurance in 'Tornado Alley'
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Republican presidential candidate Ron Paul said victims of the tornado-torn Midwest and South should not expect aid or assistance from the federal government.
“The people who live in ‘Tornado Alley,’ just as I live in ‘Hurricane Alley,’ they should have insurance,” Mr. Paul said Sunday on CNN’s “State of the Union.” “There is no such thing as federal money. Federal money is just what they steal from the states and steal from you and me,” he said.
A series of storms and tornadoes swept through the region last week that reportedly resulted in 38 fatalities, with more than 150 tornadoes touching ground between Feb. 28 and March 3. Insured damage from the tornadoes was estimated at $1 billion to $2 billion, Oakland, Calif.-based catastrophe modeler EQECAT Inc. said Tuesday in a statement.
Mr. Paul said the Federal Emergency Management Agency caused “frustration and anger” in its handling of the aftermath of Hurricane Katrina in 2005. He noted that the National Guard could restore order and provide care during major emergencies.
“To say that any accident that happens in the country, send in FEMA, send in the money, the government has all this money—it is totally out of control and it's not efficient," Mr. Paul said.
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