By stating time and again that terrorism insurance is a jobs bill, the White House "delivered a big plum to the insurance industry," writes Steven Rosenfeld. Now taxpayers are obligated to cover the industry's back by paying up to $300 billion if another terrorism attack occurs -- even though there's no evidence that the legislation will protect a single worker's job. "It has nothing to do with reality," the former top federal insurance regulator said earlier this fall, when discussing his studies examining the issue. "It was hype back then and it's still hype."