January 24th, 2008
10:20 PM ET
15 years ago

Giuliani puts national catastrophic fund front and center

(CNN) - Republican Rudy Giuliani raised the issue of a national catastrophic fund during Thursday's presidential debate, a proposal that does not enjoy major support nationwide, but is very popular among the Florida voters the former New York City mayor is targeting.

Giuliani specifically pointed out John McCain is against such a fund - he's said FEMA is already in place to bear such costs - and pressed Mitt Romney on where he stood on the issue.

Romney said he supports "some kind of national catastrophic effort" to ensure people can afford insurance, though he seemed to indicate he was not in favor of national solution (like Giuliani supports).

"I am not in favor of saying the people in Iowa should have to subsidize the people in Massachusetts or the people in Florida, that doesn't make a lot of sense,” he said. “But to have the states in high risk areas come together and say, "How do we organize an effort on a national basis that actually deals with the different states and the different risks they face?"

- CNN Ticker Producer Alexander Mooney

Filed under: Rudy Giuliani
soundoff (21 Responses)
  1. Christina

    Where were all of these suggestions an solutions a year ago in the Hurricane battered south?!? Hey Romney and Guilliani, your solutions are a day late and a dollar short. I am going to loose my home before you can enact "Change". When my family is living in tent city, our home forclosed, because we could not afford the increase in Property Insurance, I will think back and remember that you were talking about helping us. In the mean time, before the forecloser starts, I need to make sure I can hedge my bets get welfare and food stamps before it is too late! Perhaps the Mratorium or rebate will enable me to hold on and "Save my home" in Florida.

    January 24, 2008 11:03 pm at 11:03 pm |
  2. WakeWashington

    John "DoubleTalk" McCain foolishly tried to make Russert look like he was fabricating a quote for one of the debate questions.

    Or at 71, maybe it was just the senator's age getting to him when he denied it and said he didn't know where Russert got it.

    Let me help. New York Times, Jan. 14, page 25.

    The quote also appeared in a number of other publications, including the Seattle Post Intelligencer, Centre Daily Times, Chattanooga Times, and the Corpus Christi Caller-Times.

    "The issue of economics is not something I've understood as well as I should," McCain said earlier this month, as though the subject wasn't that important. "I've got Greenspan's book."

    January 24, 2008 11:21 pm at 11:21 pm |
  3. Roger from MA

    "9/11! 9/11! 9/11!"

    See? I can be Rudy's campaign advisor too.

    January 24, 2008 11:36 pm at 11:36 pm |
  4. Karen

    Why do my tax dollars get taken to pay for people who develop in notoriously dangerous area? I can understand if there is critical geographical industry that needs to be supported, but I don't want to pay to rebuild resort areas. I could get behind relocation, but not rebuilding in the same earthquake or storm zones. I'm sure people build where they enjoy the environment but paying the insurance is the market cost of that activity. If it isn't affordable, there shouldn't be construction.

    January 24, 2008 11:55 pm at 11:55 pm |
  5. Economy Romney

    Economy Romney is all about JOBS JOBS JOBS and a stong economy is the best answer to a lot of our problems.

    January 24, 2008 11:55 pm at 11:55 pm |
  6. Ted from Denver

    WAKEWASHINGTON I am glad some people know the truth and it is actually allowed to be posted. I appreciate your insight and after tonights debate I will be voting for Romney. With your evidence and the fact that Romney is the man to fix the economy he now has my vote. Thanks Wake

    January 25, 2008 12:04 am at 12:04 am |
  7. Ruth

    Now why is someone that is so far behind getting so much coverage?

    Has anyone seen an article about Ron Paul lately?

    January 25, 2008 12:20 am at 12:20 am |
  8. Big Brother 2008

    He could produce his own FEAR FACTOR SHOW!This man breeds fear for his own gain.

    January 25, 2008 12:28 am at 12:28 am |
  9. Anya

    Is that last quote from Giuliani or Romney? Anyone know??

    January 25, 2008 01:41 am at 1:41 am |
  10. Sean, Santa Barbara, CA

    "National Catastropic fund"

    is that a fund to help American cope with Rudy if he gets elected

    January 25, 2008 01:59 am at 1:59 am |
  11. James Brown ( Independent )

    Rudy is done , Romney won that debate hands down , so McCain may not be to far behind Rudy.

    I am not a republican fan , but after watching this debate tonight , it is pretty clear to me that most of these Republicans would chew Hillary up and spit her out if she is the Dems nominee.

    The " Clinton's " just have way to much scandle and trash in there back yard.

    January 25, 2008 02:31 am at 2:31 am |
  12. Topanga Canyon

    You know I can't remember anything that has happened prior or after 9/11. It seems like just yesterday we had 9/11. If we don't do something today then tomorrow 9/11. In fact if we don't vote for Rudy in the next 5 minutes 9/11. I'm a little worried about the state of our economy, the environment, a better job, restructuring our education system, on never mind 9/11. I can't remember which candidate had a fund raiser that was using contributions of $9.11, oh that's right Rudy. No he isn't trying to exploit the largest attack in the U.S. he's just trying to keep us safe from 9/11 and his Islamic business partners that have ties to 9/11.

    January 25, 2008 03:32 am at 3:32 am |
  13. Terry, Miami FL

    Shameless. The man is absolutely shameless. Note to Rudy: veiled references to 9/11 are just as exploitative at this point as direct references.

    January 25, 2008 03:43 am at 3:43 am |
  14. Jeff Spangler, Arlington, VA

    People who choose to live in areas which are subject to historically well-known and potentially catastrophic weather in the course of a lifetime should not expect people living in relatively safer areas to underwrite their risky choices.

    January 25, 2008 07:05 am at 7:05 am |
  15. D

    How can the GOP justify spending 11 billion a month on this WAR ....
    with our ECONOMY in NOSEDIVE …
    All they want to do is SPEND and BORROW from China …

    January 25, 2008 07:46 am at 7:46 am |
  16. Surrealist, Fort Myers, FL

    This is just a desperate last act to try to woo FL GOP.

    Shame on him...he knows it's redundant, unfair to the nation–and is certainly not a fiscally conservative gesture.

    January 25, 2008 09:04 am at 9:04 am |
  17. Chris, Jacksonville

    Sure, Rudi, sure....

    And I have a really nice bridge to sell you.

    January 25, 2008 09:27 am at 9:27 am |
  18. Walt, Belton, TX

    And, I'll bet he would be happy to step aside and just handle that fund for us. Sorry Jules, not that stupid!!!

    January 25, 2008 09:54 am at 9:54 am |
  19. josh 7911

    Giuliani is going down the toilet. Thank goodness, i think he is the single worst candadate! He would just have been George Bush part three. I wish this man the worst.

    January 25, 2008 02:15 pm at 2:15 pm |
  20. JS

    I'd been searching for the right words to describe a potential Giuliani administration. "National catastrophe," sums it up pretty well, I think.

    January 25, 2008 03:28 pm at 3:28 pm |
  21. Mark, Wilkes Barre PA

    D,,, excuse me for butting in but, there is a chinese national who is sitting in custidy as we speak for making illegal donations to Hillary clintons campain fund. the current administration is not the first nor is it the mastermind of selling out our nation to foriegn intrests,,,This is a Bi-partisan problem that should not be lumped in with the "pile on " of blame pointed at the current administration. This is a common intrest issue that congress and all administrations should be able to get on the same page with,,,

    January 26, 2008 07:08 am at 7:08 am |