Got a statement from the mortgage company – they are raising the monthly payment on my mortgage by $70 to cover shortfalls in the escrow due to a rise in “taxes and insurance premiums.” Taxes notwithstanding, the insurance rate rose more than what the taxes would normally do.

Why? Hurricane Katrina, of course. Insurance companies need to cover their losses somehow, so they raise our premiums. They are in it to make profits, but we pay for it (and how!).

Have you ever noticed that when someone else has a problem, you pay for it somehow?