09-11-2005, 02:54 PM
And it's the bare bones estimate of the costs of cleaning up Katrina over the next decade or so. Long term projections.
However, that number could easily double it self once the full extent of cost to rebuild the entire Gulf Coast reveals it self.
Heard this morning that a couple of insurance companies are trying to file for some kind of special bankrupt status, to make the Government pay their bills, because they can not physically pay out the kind of money being estimated. Which means a lot of people depending on insurance monies are probably going to be screwed. Which is unfair and wrong. But what do you do when the estimated pay outs are going to cost more than your company is actually worth?
Five hundred billion dollars. That's a number larger than I can even begin to comprehend. That is a staggering sum of money. :huh:
However, that number could easily double it self once the full extent of cost to rebuild the entire Gulf Coast reveals it self.
Heard this morning that a couple of insurance companies are trying to file for some kind of special bankrupt status, to make the Government pay their bills, because they can not physically pay out the kind of money being estimated. Which means a lot of people depending on insurance monies are probably going to be screwed. Which is unfair and wrong. But what do you do when the estimated pay outs are going to cost more than your company is actually worth?
Five hundred billion dollars. That's a number larger than I can even begin to comprehend. That is a staggering sum of money. :huh:
All alone, or in twos,
The ones who really love you
Walk up and down outside the wall.
Some hand in hand
And some gathered together in bands.
The bleeding hearts and artists
Make their stand.
And when they've given you their all
Some stagger and fall, after all it's not easy
Banging your heart against some mad buggers wall.
"Isn't this where...."
The ones who really love you
Walk up and down outside the wall.
Some hand in hand
And some gathered together in bands.
The bleeding hearts and artists
Make their stand.
And when they've given you their all
Some stagger and fall, after all it's not easy
Banging your heart against some mad buggers wall.
"Isn't this where...."