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Sandy caused $37 billion in damage in NJ: Christie
New York Post ^ | November 28, 2012 | Associated Press

Posted on 11/29/2012 7:12:19 AM PST by Stingray51

TRENTON, NJ — Gov. Chris Christie says Superstorm Sandy caused $36.8 billion in damage in New Jersey.

Christie is requesting that amount, which is greater than his state's entire budget, from the federal government.

Christie says more than 30,000 homes or businesses were destroyed or sustained substantial damage from last month's storm.

(Excerpt) Read more at nypost.com ...


TOPICS: Government; News/Current Events; US: New Jersey
KEYWORDS: christie; pricetag; sandy
This is laughable. The idea that Sandy caused more damage along the New Jersey shoreline than the entire state budget of New Jersey is just crazy. Christie says that 30,000 homes and businesses were destroyed OR sustained substantial damage. The devil is in the detail of what "substantial" means. For argument's sake, let's say that the 30,000 structures suffered an average of $500,000 in damage. 30,000 x 500,000 = 15 billion. And I think that is a ludicrously high figure. And a lot of this was or should have been covered by insurance. The public has got to wake up to there being no such thing as free money and stop accepting as compassion the taking of other people's money by taxes, dilution by running the printing presses or the indebting of future generations.
1 posted on 11/29/2012 7:12:23 AM PST by Stingray51
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To: Stingray51
Actually, $37 billion is going to turn out to be exceedingly low, although the exact impact on the New Jersey economy will be difficult to pin down.

You see, Sandy is credited with giving Obama a last minute boost in the last election. The loss for the nation will be in the $trillions.

2 posted on 11/29/2012 7:15:45 AM PST by ArGee (Reality - what a concept.)
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To: Stingray51

feeding at the public trough


3 posted on 11/29/2012 7:16:26 AM PST by yldstrk (My heroes have always been cowboys)
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To: Stingray51

Christie can just go to his new BFF, who will give him our tax dollars for “rebuilding.”


4 posted on 11/29/2012 7:16:57 AM PST by fatnotlazy
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To: Stingray51
Christie is requesting that amount, which is greater than his state's entire budget, from the federal government.

Yeah, I'm sure Obama is going to get right on that. /s

5 posted on 11/29/2012 7:16:57 AM PST by dfwgator
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To: Stingray51
Sandy caused $37 billion in damage in NJ: Christie

Christie: Your election-eve behavior in exploiting Sandy to suck up to The Skinny Dictator did damage to America that can't yet be calculated. One place or the other, you'll pay.

6 posted on 11/29/2012 7:18:47 AM PST by SamuraiScot
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To: Stingray51
I'm gonna tell them $37B. Okay.


7 posted on 11/29/2012 7:20:08 AM PST by ILS21R (Everything... IS... a conspiracy)
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To: Stingray51
That was just on donuts.
8 posted on 11/29/2012 7:21:44 AM PST by Perdogg (Rep. Tom McClintock (R-CA4) for President 2016)
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To: ArGee

Hey Christie, let your *&#@&*+ unions repair things.

Before they shove themselves up their smelly Obamas.

As for you, you RINO, please precede the unions in that smelly Obama trip into darkness.


9 posted on 11/29/2012 7:21:59 AM PST by Da Coyote
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To: Stingray51

And now we see what the Fat Slob was up to pre-election. He is just another phony RINO feeding at the trough in many different ways. The worst type of hypocrite.


10 posted on 11/29/2012 7:23:17 AM PST by BlueStateRightist (Think of how stupid the average person is, and realize half of them are stupider than that.)
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To: Stingray51

Looks like this is where the rubber meets the road, Mr. Christie.

Was the short term benefit your dog and pony show to make 0 look good after Sandy worth it?


11 posted on 11/29/2012 7:25:08 AM PST by MichaelCorleone ('We the People' can and will take this country back...starting today.)
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To: Stingray51
Well, GOOD LUCK, Governor!

Of course he can "request" it -- but I doubt Obama has much left in his "stash" after paying for food stamps and Obamaphones and stuff.

Christie isn't going to get anything near that amount, and he knows it!

BTW I believe the Federal Flood Insurance program only covers up to a maximum of $250k + $100k contents for a home or $500k for a business. Since the bad damage was mostly due to storm surge flooding, a lot of homeowners and businesses have big uninsured losses after Sandy. The FEMA low-interest loans probably aren't such a bad deal if someone was planning on a teardown anyway -- otherwise, not. And most weren't.

12 posted on 11/29/2012 7:27:04 AM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Stingray51

The White Hut says they’ll get back to you, Guv.


13 posted on 11/29/2012 7:29:07 AM PST by skeeter
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To: Sooth2222
Super Storm? Cat 1?

Unprepared Government and Graffe

14 posted on 11/29/2012 7:29:21 AM PST by scooby321 (AMS)
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To: MichaelCorleone

CC did himself more damage than he knows by recklessly prostituting himself to the ‘O’ big spending agenda!

It cost him and the rest of US plenty... that is what a lot of people will remember when they are asked to ‘help out’!


15 posted on 11/29/2012 7:29:27 AM PST by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: Stingray51

Tell me exactly what obama did in NJ that Bush did NOT do in NO? Oh yeah, I remember Bush did NOT have the MSM in his pocket.


16 posted on 11/29/2012 7:30:18 AM PST by Ditter
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To: Stingray51

You forget the kickbacks to the three major organized crime syndicates: the mob, the unions, and the democrats.


17 posted on 11/29/2012 7:34:53 AM PST by ABQHispConservative (Only fake Christians vote or are Democrats.)
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To: Ditter

The media sound when Bush was in orifice during Katrina was deafening.
The media sound while nobama is in orifice deafening by it’s silence.
It is ridiculous.


18 posted on 11/29/2012 7:43:16 AM PST by certrtwngnut (He shrugs!)
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To: Stingray51

raise taxes to pay for it all


19 posted on 11/29/2012 7:47:02 AM PST by veritas2002
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To: Stingray51

I can’t even try to imagine what my homeowners insurance premium is going to be next year.


20 posted on 11/29/2012 7:49:12 AM PST by annieokie
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To: Stingray51
I live in Florida where we basically pay our own way via homeowner insurance premiums. We moved here from Northern Virginia where I paid $832 for insurance on a $600k house. Bought a property in Florida for $300k and almost died when I got hit with a $5k insurance bill. After spending over $20k on hurricane resistant windows, bill dropped to just over $3k. This for a property with a 2% hurricane deductible and in a location that has been hit only once in the last 50 years. Bailing out NY and NJ is only a vote buying agenda and I object to it.
21 posted on 11/29/2012 7:50:53 AM PST by Boomer One
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To: Stingray51

Nothing near the damage this fat ass caused to the whole country by sucking up to the Jug-eared Dictator!


22 posted on 11/29/2012 7:55:10 AM PST by Redleg Duke ("Madison, Wisconsin is 30 square miles surrounded by reality.", L. S. Dryfus)
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To: Stingray51

of course it did...

and the ‘cleanup’ will last well into january...

all union labor paid by the state/federal govt, of course

/eye-rolling-sarcasm

and yes, YOU are paying for this even if you live in new mexico, texas or florida. because the money the state doesn’t have... comes from the fed.. which comes from YOU


23 posted on 11/29/2012 7:55:51 AM PST by sten (fighting tyranny never goes out of style)
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To: Stingray51

http://www.trulia.com/real_estate/08738-Mantoloking/market-trends/


24 posted on 11/29/2012 8:23:46 AM PST by World'sGoneInsane (If you repeat a lie enough--it is not true--it is just propaganda.)
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To: Stingray51
If you look at the above link, this town was on top of the list of damage. In addition, to homes the infrastructure was demolished.

You can check on Trulia or search for towns such as Bayhead, Beach Haven, Point Pleasant Beach, Margate, etc., for just the home values. The infrastructure in some of these areas looked war-torn. The police station in Bayhead, completely gone. The fire department in another town, completely gone. Not to mention the coastline itself. The fishing industry, marinas, etc.

Say what you want about Christie, say what you want about NJ, but the fact remains that the destruction of this area from this storm was/is a nightmare. I can't imagine what the cost will be to rebuild coastline to protect the inland from future storms will be.

Using your formula, sadly, I imagine the cost to be even higher than currently estimated.

25 posted on 11/29/2012 8:41:03 AM PST by World'sGoneInsane (If you repeat a lie enough--it is not true--it is just propaganda.)
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To: Stingray51

Well there goes that One Billion Dollar spending cut by Reid.


26 posted on 11/29/2012 8:50:37 AM PST by MaxMax
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To: MaxMax

Just why rebuild on shoreline where you can be guaranteed another storm will flood/destroy it again? Shouldn’t those who choose to live in such areas have some personal responsibility? No...not in nobamaworld. Happy times are here again.


27 posted on 11/29/2012 8:59:02 AM PST by hal ogen (First Amendment or Reeducation Camp?)
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To: Stingray51

28 posted on 11/29/2012 9:01:41 AM PST by mirkwood
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To: hal ogen

Check out: Blue Acres...

http://www.nj.gov/dep/greenacres/blue.html


29 posted on 11/29/2012 10:33:51 AM PST by World'sGoneInsane (If you repeat a lie enough--it is not true--it is just propaganda.)
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To: World'sGoneInsane
I am not saying it is not a nightmare. I am saying that it should not result in a $37 billion payment from the taxpayers of the other 49 states. And definitely without a lot more hard facts. See the link below where FEMA's estimate was 500 buildings destroyed and 5,000 more with major damage. If that number is correct, even if you add in infrastructure, $37b is still a ludicrous figure. And I do not think that federal money should be used to rebuild industry (such as marinas) right on the Atlantic coastline, where this could (obviously) happen again.

http://www.nj.com/news/index.ssf/2012/11/hurricane_sandys_destruction_a.html An analysis of aerial imagery by the Federal Emergency Management Agency shows more than 500 buildings were destroyed outright, reduced to piles of debris, caved in or sliced into chunks.

An additional 5,000 structures suffered major damage from flooding or high winds, and some 24,000 were seen with minor damage. Floodwaters settled in tens of thousands of others, according to the federal agency’s preliminary damage assessments.

30 posted on 11/29/2012 10:37:24 AM PST by Stingray51
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To: Stingray51
I can't go on that link, my computer locks up. Honestly, I am not sure how FEMA works. I imagine most of the people had flood insurance, especially the marinas. It is required in NJ if you have a mortgage within the flood plain. The figure for overall damages sounds correct, if not more. I don't think FEMA covers the total. There were many job and business losses due to this. While some may profit from this, others will never recover.

The same type of storm could happen again, but it is considered unlikely. There is 121 miles of the "Jersey shore." The surge was so high, the ocean met the bay up and down the coast. In addition, in North Jersey (much more densely populated) there were people that did not have flood insurance.

When these type of disasters occur in other parts of the country, everyone has and will pay. We will all pay either through taxes or insurance rates. Regardless of who or how likeable the governor is. My only hope is that they will use the money properly and rebuild wisely. This is not only a natural disaster to the area, but an economic one as well.

I will agree with you that the total estimated damages should not be covered by FEMA. People were paying insurance fees, as well. In any case, there are people that feel fortunate just to be alive. Hopefully, that will carry them through as their lives will never be the same.

31 posted on 11/29/2012 11:54:06 AM PST by World'sGoneInsane (If you repeat a lie enough--it is not true--it is just propaganda.)
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To: Stingray51

Don’t worry, Governor - we’ll just print more money.


32 posted on 11/29/2012 12:25:32 PM PST by OldNewYork
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To: Stingray51

Don’t worry gov. you’ve got the Communist Messiah on your side. Give him another hug or two and everything will be aok.


33 posted on 11/29/2012 12:40:01 PM PST by Calpublican
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