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Fire Island option

Fire Island option
 n.— «I’d do what is now being called “the Fire Island option,” which involves putting up flimsy houses that you don’t mind losing to a storm. You don’t insure them.» —“With Findings on Storms, Centrist Recasts Warming Debate” by Claudia Dreifus New York Times Jan. 10, 2006. (source: Double-Tongued Dictionary)

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