Flood insurance.

According to the December 1 News, our governor and attorney general, both champions of the free market, are supporting efforts to continue federal subsidies for high-risk waterfront building.

The examples given show the change in the economics of this industry and claim it is in peril without federal subsidies.

There is always some pain with such economic changes. The questions that must be answered are whether such non-economical endeavors should be subsidized at all, and, if so, who or what entity is to bear the burden.

If the free market is unwilling to issue affordable insurance coverage, then perhaps it is time for these property owners to...