Now that I’m out of and away from the Colorado flood I’m watching aerial video of the damage. I’ve seen some bad disasters in my life, but nothing like this one. This single cloudburst caused damage across Eastern Colorado from the Wyoming border to the New Mexico border.
Colorado has about 8000 Homeowners Associations, many of them in eastern Colorado, right in the flood ravaged areas. At some point, all those HOA members are going to be told they don’t qualify for disaster relief since the federal government considers Homeowners Associations and co-ops to be non-profit private associations where ‘homeowners’ are actually shareholders or groups of investors in a neighborhood and its common areas. They can still apply for federal loans, but by living in an HOA they have removed themselves from the ability to get federal aid.
Congress could change that, of course, but with the country facing sixteen trillion dollars of debt there’s a huge question as to whether the feds would change the rules. Perhaps China would help us? After all, we’re their biggest customer. All those COSCO container trucks and ships you see on the roads and the seas are owned by the Chinese government. The acronym stands for “China Ocean Shipping Company,” owned by the People’s Republic Of China.
Well, I’m going back to watching video feeds. A pretty good one is being hosted right now by the New York Times.
(click here for flood video feed)