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Federal Terrorism Re Is No Bailout

To The Editor:

Regarding Steven Brostoff’s “Capitol Insights” column of Feb. 4 (“Free-Market Arguments Undermine Alleged Need For Federal Terrorism Re Bill,” page 25), when the federal government saved Lockheed and Chrysler, those were bailouts, albeit with some national security considerations.

What has been proposed in Congress on terrorism reinsurance is far from a bailout; it is the federal government stepping up to the plate. What is our government for, if not to protect its citizens from terrorist acts that result in property damage, bodily injury and loss of life?

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