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The Fleecing of America (Flood Insurance Claims) #707994

NBC Evening News for Tuesday, Aug 13, 2002
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(Studio: Brian Williams) Report introduced.

(St. Louis: Jim Avila) Repetitive insurance claims, paid out by FEMA, by residents who lease flood plain land from the Army Corps of Engineers featured. [Resident Tony MALONE‡- says he puts the money back into his place.] [Illinois Department of Natural Resources Paul OSMAN†- questions whether some of the residents are there for the profit.] [MAN – says the floods are predictable.] [Corps realtor Gary CAMP‡- says the Corps has to continue to lease the land because it’s a law.] [Oregon congressman Earl BLUMENAUER††- comments on an alternative law.]

Reporter(s):
Avila, Jim;
Williams, Brian
Duration:
00:02:50

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