Private Defense Associations and Unlimited Insurance Don’t Look So Bad, Now
From the news:
According to a senior IAF officer, 50 million liters of rain fell on Hatzor Airbase in the South from 5 a.m.-5:30 a.m. last Thursday, flooding aircraft runways and two underground hangars.
The water levels reached 1.5 meters inside the hangars, and several mechanics needed to be rescued, Channel 12 reported.
“At 5:00 a.m. on Thursday morning the base was dry, but within half an hour the base was flooded with 50 million liters of water,” the officer said. “The water was causing even concrete walls to crumble.”
Eight F-16 Sufa fighter jets were damaged by the rain – five of them with minor damage and three with significant damage, he said.
After several days of trying to censor the news…
“We were wrong to not evacuate those hangars,” he said. “It was a mistake, and we will investigate the incident and learn lessons to make sure this doesn’t happen again.”
I think it’s fair to assume a voluntary-sector company subject to the market discipline of profits and losses wouldn’t let this happen, because of stronger feedback mechanisms (read: those responsible would get more than a slap on the wrist).