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Per CNBC: Congress/Senate could spend $200 Billion on hurricane recovery

Engineer

Engineer

Elite Member
As was stated earlier, the $10.5 Billion dollar amount was supposed to be a "START". It certainly is a start compared to an estimate of $150 to $200 Billion. Stated that Bush would be hard press to block this relief/rebuild money when faced with low approval ratings on hurricane reponse and general economy in general.

What do you think? Deficits swell again instead of heading downward (especially if economy tanks)? SS efforts placed on hold?

Many now think the who Bush economic agenda will be on hold. What say you?
 
He cut budgets to help pay for Iraq and added layers of bureaucracy and now it's coming back to bite him in the ass (in multiple ways.)

I think it's safe to say that permanently repealing the estate tax is now dead.
 
Originally posted by: conjur
He cut budgets to help pay for Iraq and added layers of bureaucracy and now it's coming back to bite him in the ass (in multiple ways.)

I think it's safe to say that permanently repealing the estate tax is now dead.
Click to expand...

No taxation without respiration imo.
 
Originally posted by: conjur
He cut budgets to help pay for Iraq and added layers of bureaucracy and now it's coming back to bite him in the ass (in multiple ways.)

I think it's safe to say that permanently repealing the estate tax is now dead.
Click to expand...
During the white house press breifing today, Scott Mclellan basically said 'we can do it all' in reference to funding the recovery and continuing the tax cuts. Clearly, this administration thinks debt isn't an issue.
 
Originally posted by: Genx87
Originally posted by: conjur
He cut budgets to help pay for Iraq and added layers of bureaucracy and now it's coming back to bite him in the ass (in multiple ways.)

I think it's safe to say that permanently repealing the estate tax is now dead.
Click to expand...

No taxation without respiration imo.
Click to expand...

<ba-dum!> He'll be here all week, folks! 😀
 
deficits will swell.

things are looking bad enough for the republican congress without forcing them to backstep on the death tax and "raising" taxes by not making the bush tax cuts permanent.
 
Originally posted by: JacobJ
Originally posted by: conjur
He cut budgets to help pay for Iraq and added layers of bureaucracy and now it's coming back to bite him in the ass (in multiple ways.)

I think it's safe to say that permanently repealing the estate tax is now dead.
Click to expand...
During the white house press breifing today, Scott Mclellan basically said 'we can do it all' in reference to funding the recovery and continuing the tax cuts. Clearly, this administration thinks debt isn't an issue.
Click to expand...
Well, as Dick said, "Reagan proved deficits don't matter."


Well, there are plenty that disagree:
http://forums.anandtech.com/messageview...hreadid=1594399&enterthread=y&arctab=y
 
Might I also mention the possible lost tax revenue from that region. Compounded with high gas prices across the country. Possible housing slowdown as materials now go up in a LA/Mississippi rebuild effort.

Maybe the 500 billion deficit isn't that far off, but then again, deficit's don't matter.

IMO, I would rather spend it in LA/Miss. over Iraq 1,000,000,000,000,000 and more to 1. 🙂
 
Originally posted by: Genx87
Spend the 200 billion to fill in the pit with dirt and rebuild it on solid ground.
Click to expand...
:thumbsup:

That seriously needs to be considered. The Japanese built an entire island near Tokyo for their airport. Disney just created all their land for their new park in Hong Kong by dredging and filling a bay (Penny's Bay) on the island of Lantau. Fill projects on that scale are not unknown and there's no sense rebuilding NO as it is when it'll just keep sinking. We might want to talk to the Dutch about dikes and levees too, while we're at it.

 
Originally posted by: Genx87
Spend the 200 billion to fill in the pit with dirt and rebuild it on solid ground.
Click to expand...

This is actually a very practical idea, and in fact Disney World is on an artificial hill to improve the oppressive weather conditions they would otherwise have with the central Florida location.

However, it will never happen, as it would require tearing down the historic district. Unless maybe the artificial hill gets built around the historical areas and they are given a new drainage system to handle the flooding?

 
Originally posted by: TastesLikeChicken
Originally posted by: Genx87
Spend the 200 billion to fill in the pit with dirt and rebuild it on solid ground.
Click to expand...
:thumbsup:

That seriously needs to be considered. The Japanese built an entire island near Tokyo for their airport. Disney just created all their land for their new park in Hong Kong by dredging and filling a bay (Penny's Bay) on the island of Lantau. Fill projects on that scale are not unknown and there's no sense rebuilding NO as it is when it'll just keep sinking. We might want to talk to the Dutch about dikes and levees too, while we're at it.
Click to expand...

I don't think filling it in will prevent it from sinking...it'll just delay the inevitable, and a hundred years from now another hurricane will come and we'll be saying the same thing we are now.
 
Originally posted by: glugglug
Originally posted by: Genx87
Spend the 200 billion to fill in the pit with dirt and rebuild it on solid ground.
Click to expand...

This is actually a very practical idea, and in fact Disney World is on an artificial hill to improve the oppressive weather conditions they would otherwise have with the central Florida location.

However, it will never happen, as it would require tearing down the historic district. Unless maybe the artificial hill gets built around the historical areas and they are given a new drainage system to handle the flooding?
Click to expand...
What is the difference between an artifical hill and the so-called dikes that exists?

As long as areas exists below sea-level, there will be the danger.

People will need to weigh the value of life and property against the historical significance.
And is the historical significance for tourism issues only?

What is the actual Federal $$s to be used for and why?

There is private insurance for people and there dwellings/businesses.

I can undertand the Feds $$s being used to repair public infrastructures and or SBA type loans;

 
Originally posted by: totalcommand
Originally posted by: TastesLikeChicken
Originally posted by: Genx87
Spend the 200 billion to fill in the pit with dirt and rebuild it on solid ground.
Click to expand...
:thumbsup:

That seriously needs to be considered. The Japanese built an entire island near Tokyo for their airport. Disney just created all their land for their new park in Hong Kong by dredging and filling a bay (Penny's Bay) on the island of Lantau. Fill projects on that scale are not unknown and there's no sense rebuilding NO as it is when it'll just keep sinking. We might want to talk to the Dutch about dikes and levees too, while we're at it.
Click to expand...

I don't think filling it in will prevent it from sinking...it'll just delay the inevitable, and a hundred years from now another hurricane will come and we'll be saying the same thing we are now.
Click to expand...
The sinking is caused by the continual pumping of water from the soil. Alleviating hydrostatic pressure between the upper layers of soft soil and the bedrock is the problem. The solution is to fill it wtih a solid base that will compactify the current layers of soil (first stripping away some topsoil for reuse after the fill) and provide a good foundation using large boulders, progressively using finer grained types of fill until the fill height is desired. So long as the bedrock is not too far down, it's doable. Once it's done, NO will no longer sink, won't require a dike and levee system for every day protection (except to control occasional flooding from the river), and will save billions of dollars over the years. Maybe we can even resore the river delta system to its former glory to provide NO with some of the delta barrier protection it used to have from hurricanes in the past.
 
Originally posted by: glugglug
Originally posted by: Genx87
Spend the 200 billion to fill in the pit with dirt and rebuild it on solid ground.
Click to expand...

This is actually a very practical idea, and in fact Disney World is on an artificial hill to improve the oppressive weather conditions they would otherwise have with the central Florida location.
Click to expand...
Actually, it's just the Magic Kingdom. Much of Disney's property is swamp land, so they raised the area the Magic Kingdom was built on, using fill, by @18 feet to prevent potential flooding conditions and improve drainage. It also allowed them to build the tunnel system below the Magic Kingdom above the natural ground level.

However, it will never happen, as it would require tearing down the historic district. Unless maybe the artificial hill gets built around the historical areas and they are given a new drainage system to handle the flooding?
Click to expand...
The French Quarter could be either replicated or relocated.
 
Originally posted by: glugglug
Hmm, I can think of something to cut <cough>Homeland Security</cough><cough>Iraq</cough>
Click to expand...

Remember that other parts of the government that you depend on also fall under the Homeland Security umbrella.

Be careful what you wish for...

 
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