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  #1  
Old 09-16-2005, 07:02 PM
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Default Cost of Katrina
Estimates peg it at $30 billion. Esitmates to prevent the damage from a "repeat" - $20 billion. Geez, one more and we could save $10 billion.

Isn't that what we call an investment? And think if we had to use those defenses a second or third time - $40 billion saved - and $70 billion saved

From the op-ed in NewScientist September 10, 2005
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  #2  
Old 09-16-2005, 08:41 PM
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Default
This evening, Pah, I'm hearing estimates that the Federal Government will spend in excess of 200 billion on this catastrophe.
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  #3  
Old 09-16-2005, 08:44 PM
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Quote:
Originally Posted by Sunstone
This evening, Pah, I'm hearing estimates that the Federal Government will spend in excess of 200 billion on this catastrophe.
We can't afford that. Where are we getting the money?
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  #4  
Old 09-16-2005, 08:46 PM
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Quote:
Originally Posted by Darkdale
We can't afford that. Where are we getting the money?
The word of some analysts is that we'll borrow it, adding to the deficit. The President has come out against raising taxes to pay for it.
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  #5  
Old 09-16-2005, 09:34 PM
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Are we accepting foreign aid or not? I recall that it was offered, but not if it was accepted. While it probably wouldn't cover all of it, it could at least put a dent in it...
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  #6  
Old 09-17-2005, 06:51 AM
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Very little Foreign Aid was offered. Almost all of our money was raised by Big Business and from US Citizens. A Canadian singer... Celene Dion or whatever her name is, gave more than the England and Japan combined.
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  #7  
Old 09-17-2005, 07:51 AM
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We gave you $10 million.
Like a penny in a tin cup, that.
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  #8  
Old 09-17-2005, 09:07 AM
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Quote:
Originally Posted by Darkdale
Very little Foreign Aid was offered. Almost all of our money was raised by Big Business and from US Citizens. A Canadian singer... Celene Dion or whatever her name is, gave more than the England and Japan combined.
40 countries the last time I checked. Sorry it's not the entire world or something.
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Old 09-17-2005, 09:35 AM
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