Austinist: ATF Examining Governor's Mansion Evidence, Perry Vows to "Rebuild This Magnificent Structure"

Grape Ape

Thu, 12 Jun 2008 13:10:16 -0600

Understood, but no builder's insurance or anything of the sort? Seems to me like their risk mitigation plan for the renovation is pass it on the taxpayer. Good thing Perry can get an extension on the estate @ $10K per month.

Scooby

Thu, 12 Jun 2008 10:06:37 -0600

GA- Insurance is a bet. Insurance companies are bookies, and they make good money skimming a vig off the top of the premiums. When you own as much property, dispersed as widely as the state of Texas and have as much revenue as the state gov't, it only makes sense to self-insure. The wasted premiums over the last 150 years would have paid for 10 replacement mansions.

Grape Ape

Wed, 11 Jun 2008 21:04:41 -0600

Why in the hell did they not have insurance? That's the dumbest thing I've ever heard. I guess our government is so arrogant that instead of ponying up for an actual insurance policy they just use tax payers as the insurance - WTF?!

thatwoman

Wed, 11 Jun 2008 16:28:22 -0600

"Since the state-owned Mansion was not insured, it will be left to Texas taxpayers to cover the cost of reconstruction." Well whomever did it- their little temper tantrum is going to cost the rest of us! Thanks a lot you &)$@&^%!$~!!

tim

Wed, 11 Jun 2008 16:22:31 -0600

Why isn't Mr. Pretty Hair himself on your poll? Seems like he'd be the top of my "persons of interest" list.