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Originally Posted by talkgold
Well, they are saying that there could be close to 10,000 dead  What do you guys feel will be the economic impacts of basically a Major US city like New Orleans being wiped out. It will take years to rebuilt if they even bother.
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The last count was around 203 confirmed deaths. That number will raise some. I don't think they will be no 10,000 people dead. I heard that on ABC that they are possibly 10k dead. That is just **** that the news put out on the air to make the Bush Administration look bad.
As far as the economic impacts other than gas I am not sure any other direct impacts. The impact of the oil is enough to stop the US economy dead in its tracks alone. They will be indirect effects from the hurricane that offspring from the gas problem. The prices of goods & services will go up.
Wait...The other industry that I can think of would be the building/housing industries. I was building my house when the last big hurricane came through Florida. The price of building materials sky rocketed. That will deffantly happen this time. An example is OSB Board or Plywood. It was around $4.99 a sheet the last time I got it & after that last hurricane it jumped to over $11.95 a sheet at Home Depot. That is just from one hurricane that took out a couple hundred houses. This hurricane took out entire cities.
Why would you want to rebuild a city that is 6-9 feet below sea level for anyways? Just make the new water line the coast...
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Originally Posted by talkgold
Katrina may go down as the deadliest Natural disaster in US history. This is very surprising to me that it may surpass the Galveston Texas Hurricane of 1900. Back then noone really knew the storm was coming. We knew for Days that New Orleans was in trouble yet all those people were still kill  Also, building codes are a lot better today then 105 years ago. This just amazes me.
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The people knew for days that this was coming. They CHOSE to stay. I have very little sympathy for some of them. They had time to get out. If they didn't have a car then get a taxi, bus, train, or boat & get the **** out of its way. The people at the super dome were shouting that Bush was helping them. It isn't the Federal Governments position to help in disaster areas.
This starts another question to add to Brian's questions.
Who do you think should get the blame for the response on search & recover being slowed? The Federal Government which is Bush or the Sate Governments, Governors & local authorities?
The Federal Law states that in time of disasters or emergencies that the state agency is responsible for evacuating, search & recovery of its peoples. Remember that Bush got 20 Billion for relief & is asking for another 10 Billion. Also, US Congress was out of session as well. For Bush to even get the aid money approved the US Congress had to fly back to Washington, D.C. That takes time. Yet people are blaming Bush Administration for not moving fast enough.
The law doesn't call for the deployment of Federal Troops to assist that is one of the roles of the state national guard I do believe & not the Federal Troops. They even had & may still have an Air Carrier deployed in the Gulf. The aid workers have to use the same roads that the people in the city have to use to get help in. The roads are under water, washed away or cluttered & they can’t get in. Another point is that the EMS, Local Police, State Police, Rescue Workers, Guard, Troops, & other responders were getting shot at by armed gangs of looters when they first tried to enter the area & help. That doesn’t help in recovery of people.