911: Oct 22, Richard Gage, AIA, will speak to Sacramento Chapter, American Institute of Aeronautics and Astronautics

A serious question..how can someone be "credible" if they get a fact absolutely wrong or worse,just make it up?

At about 29:40 in his vid ( [link to video.google.com] Gage discusses the insurance companies and how they made out like bandits after 9-11:

Quote "They've(insurance companies) raised their premiums 2000 percent on buildings and this payout (to Silverstein) is peanuts compared to this--those premium profits."

What Gage is claiming--that insurance premiums are now 20 times what they used to be--is patently absurd. Insurance premiums (especially premiums on terrorism insurance which is not all that common) rose after 9-11, but they are not even double what they used to be.


ref. for the real cost in insurance premiums in NYC [link to www.comptroller.nyc.gov]