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First Estimates on Katrina Costs For Washington Hit $200 Billion
The Wall Street Journal ^ | September 7, 2005 | JOHN D. MCKINNON, DAVID ROGERS , and DIONNE SEARCEY

Posted on 09/07/2005 5:23:10 AM PDT by Brilliant

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To: Brilliant

WOW! I was thinking 100 billion five days ago.


21 posted on 09/07/2005 6:28:55 AM PDT by dennisw (***)
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To: advance_copy

Ray Nagin- "New Orleans is a party city, get over it" Good link.
I hate my tax dollars used to rebuild that shithole called New Orleans


22 posted on 09/07/2005 6:31:33 AM PDT by dennisw (***)
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To: Brilliant

These estimates are way low - even for the cost of rebuilding the city. The real costs are going to be felt in places you don't even realize. Last Friday I got a call from one of my customers - a steel plant who was putting out a desperate world-wide plea to find a source for liquid hydrogen. One of the major suppliers will be out of commission because of the hurricane for a long time and this will affect the entire industry. My guess is that steel will increase somewhere between 10 and 50% within days. This is just one solitary item and of course means that you will pay for Katrina the next time you buy a car. My guess is that the costs for this will easily go over a trillion and could be closer to 5 trillion once all these factors are added in.


23 posted on 09/07/2005 7:19:20 AM PDT by Asfarastheeastisfromthewest...
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To: Brilliant
Fellow Freepers:

At the suggestion of writer Michelle Malkin last Friday, I have cobbled together a blogsite called Texas Clearinghouse for Katrina Aid to serve as a clearinghouse for refugee efforts in Texas.

Texas is getting more refugees than any other state -- that's fine, we'll take them all -- but we need help providing them with food, clothing, and shelter.

If you are a refugee, you can information that will help you find relief. If you want to donate or volunteer, you can find someone who needs you.

Right now the site mostly covers Houston, Dallas, and San Antonio but I will add various churches, schools, and other charities in Ft. Worth and Lubbock tonight. My wife spent yesterday at Reunion Arena in Dallas handing out care packages and otherwise ministering to the refugees as a representative of her employer.

There are a lot of churches and other organizations in Texas that need help in dealing with the problem and I would greatly appreciate it if you would get the word out.

Many thanks,

Michael McCullough

Stingray blogsite

24 posted on 09/07/2005 11:52:05 AM PDT by DallasMike
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