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Mon Oct 29, 2012, 09:47 PM

Hate to pont this out, but....losses could get close to the trillion here

So far three people killed...which is exceptional, but the economic losses are quickly reaching worst case scenario.

You people in the middle of this stay safe.

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Reply Hate to pont this out, but....losses could get close to the trillion here (Original post)
nadinbrzezinski Oct 2012 OP
tbennett76 Oct 2012 #1
nadinbrzezinski Oct 2012 #3
NYC_SKP Oct 2012 #2
nadinbrzezinski Oct 2012 #4
Ganja Ninja Oct 2012 #51
NYC_SKP Oct 2012 #54
Aerows Oct 2012 #63
NYC_SKP Oct 2012 #70
BlueMan Votes Oct 2012 #5
nadinbrzezinski Oct 2012 #9
BlueMan Votes Oct 2012 #21
nadinbrzezinski Oct 2012 #22
BlueMan Votes Oct 2012 #31
nadinbrzezinski Oct 2012 #32
Aerows Oct 2012 #62
nadinbrzezinski Oct 2012 #65
undeterred Oct 2012 #6
bluestate10 Oct 2012 #7
nadinbrzezinski Oct 2012 #12
Texasgal Oct 2012 #8
nadinbrzezinski Oct 2012 #11
Texasgal Oct 2012 #14
nadinbrzezinski Oct 2012 #16
Texasgal Oct 2012 #23
nadinbrzezinski Oct 2012 #25
Texasgal Oct 2012 #33
nadinbrzezinski Oct 2012 #36
Texasgal Oct 2012 #37
nadinbrzezinski Oct 2012 #38
flamingdem Oct 2012 #10
nadinbrzezinski Oct 2012 #13
Arugula Latte Oct 2012 #15
nadinbrzezinski Oct 2012 #17
Robb Oct 2012 #18
WhaTHellsgoingonhere Oct 2012 #19
nadinbrzezinski Oct 2012 #20
obliviously Oct 2012 #24
nadinbrzezinski Oct 2012 #26
tkmorris Oct 2012 #27
obliviously Oct 2012 #28
Tx4obama Oct 2012 #29
nadinbrzezinski Oct 2012 #30
dumbledork Oct 2012 #35
obamanut2012 Oct 2012 #39
cherokeeprogressive Oct 2012 #34
onenote Oct 2012 #40
nadinbrzezinski Oct 2012 #41
Electric Monk Oct 2012 #42
BlueMan Votes Oct 2012 #43
Motown_Johnny Oct 2012 #44
nadinbrzezinski Oct 2012 #45
Motown_Johnny Oct 2012 #52
nadinbrzezinski Oct 2012 #55
coalition_unwilling Oct 2012 #46
nadinbrzezinski Oct 2012 #47
coalition_unwilling Oct 2012 #48
nadinbrzezinski Oct 2012 #50
slackmaster Oct 2012 #49
nadinbrzezinski Oct 2012 #56
zappaman Oct 2012 #57
onenote Oct 2012 #77
slackmaster Nov 2012 #80
zappaman Oct 2012 #53
likesmountains 52 Oct 2012 #66
entanglement Oct 2012 #58
nadinbrzezinski Oct 2012 #59
Honeycombe8 Oct 2012 #60
malaise Oct 2012 #61
jsr Oct 2012 #68
Codeine Oct 2012 #64
SidDithers Oct 2012 #67
dionysus Oct 2012 #69
NYC_SKP Oct 2012 #71
zappaman Oct 2012 #72
dionysus Oct 2012 #76
Tx4obama Oct 2012 #73
nadinbrzezinski Oct 2012 #78
Codeine Nov 2012 #82
Azathoth Oct 2012 #74
dionysus Oct 2012 #75
cherokeeprogressive Nov 2012 #79
onenote Nov 2012 #81
zappaman Nov 2012 #83

Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 09:50 PM

1. Uh you mean

 

exceptional relative to the danger right?

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Response to tbennett76 (Reply #1)

Mon Oct 29, 2012, 09:51 PM

3. Yes, models of storms like this lead to much higher numbers of casualties

So far plans to reduce casualties are working.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 09:50 PM

2. In NYC alone, the infrastructure, electrified subway and PATH trains...

Major and costly damages like nothing seen in a generation, if ever.

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Response to NYC_SKP (Reply #2)

Mon Oct 29, 2012, 09:52 PM

4. Yup, MTA could see massive damage.

Water into tunnels is a worst case. They de-electrified the grid, so that will protect infrastructure.

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Response to NYC_SKP (Reply #2)

Tue Oct 30, 2012, 12:43 PM

51. It's going to be interesting to see how they come through.

Will they just need pumping out or will the tunnels require major structural work to repair? They might find that the flooding has made them unstable once they pump them out. They might need to rebuild them completely.

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Response to Ganja Ninja (Reply #51)

Tue Oct 30, 2012, 07:35 PM

54. I worry less about the structural integrity and more about the electronics.

Switches, cabling, transformers, and all of that.

The structure is masonry, concrete, steel, that might hold up well but electronics HATE water!

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Response to NYC_SKP (Reply #2)

Tue Oct 30, 2012, 09:33 PM

63. Hope you are staying safe, my friend

best wishes from Katrina country.

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Response to Aerows (Reply #63)

Tue Oct 30, 2012, 11:32 PM

70. Thanks, friend!

I'm in California for the near term, but really thinking about my brothers and sisters in the boroughs.

This would have to be the biggest natural disaster in 50 years easily.

May we win, may Obama win a second term.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 09:54 PM

5. I doubt it will get anywhere CLOSE to $trillion.

 

even a couple hundred Billion would be extremely catastrophic.

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Response to BlueMan Votes (Reply #5)

Mon Oct 29, 2012, 09:58 PM

9. Read on Donna, that was in the billions in 1960

This is a large geographic area, with very tight population density, not just NYC.

Just MTA could be in the hundreds of millions if they did not lose trains or busses.

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Response to nadinbrzezinski (Reply #9)

Mon Oct 29, 2012, 10:12 PM

21. it will take a LOT to get anywhere close to 1,000 Billion.

 

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Response to BlueMan Votes (Reply #21)

Mon Oct 29, 2012, 10:15 PM

22. Will see. NYC alone will be in the billions.

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Response to nadinbrzezinski (Reply #22)

Mon Oct 29, 2012, 10:44 PM

31. and so will many of the affected states...

 

but all added up- it probably won't even reach halfway to a trillion.

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Response to BlueMan Votes (Reply #31)

Mon Oct 29, 2012, 10:45 PM

32. Will see

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Response to nadinbrzezinski (Reply #9)

Tue Oct 30, 2012, 09:32 PM

62. We had 91 Billion in damage

with Katrina. New York City, being a much more populous area, could be worse. I don't see the hit being in the trillions, though. You have a President that gives a damn, Governors that give a damn, and a populace that gives a damn. We didn't have that.

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Response to Aerows (Reply #62)

Tue Oct 30, 2012, 10:13 PM

65. The cost s separate from people giving a damn

But yes, that is one of the reasons, density.

I still will not mind being way off.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 09:56 PM

6. So the Right will blame Obama for adding to the deficit.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 09:57 PM

7. All of which will generate economic activity. The thing that worries me most is lost lives,

I would have preferred that no one died, but we have already lost four people.

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Response to bluestate10 (Reply #7)

Mon Oct 29, 2012, 10:01 PM

12. Which s truly exceptional, and kudos to emergency workers,

In a storm this size.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 09:58 PM

8. Speaking of financial loss

is not pretty right now. C'mon Nads.. people LIVES are at stake!

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Response to Texasgal (Reply #8)

Mon Oct 29, 2012, 10:00 PM

11. Why I pointed both.

Sorry, as a former emergency responder we think on both spheres... I guess holding two thoughts is tacky.

Oh wait, didn't the President of the United States mention his concern or the economy this morning? Tacky I guess.

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Response to nadinbrzezinski (Reply #11)

Mon Oct 29, 2012, 10:06 PM

14. I'm a former triage nurse..

So please do not tell me about "thinking on both spheres". My concern is not financial,. but for the people. You are not the ONLY first responder on DU you know.

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Response to Texasgal (Reply #14)

Mon Oct 29, 2012, 10:07 PM

16. Yeah, and...so was the President tacky

When he touched on both during the morning briefing?

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Response to nadinbrzezinski (Reply #16)

Mon Oct 29, 2012, 10:21 PM

23. No.

but you are.

We are not the president, we are a community.

If you want to quote he prez, fine..but do your really need to start a thread with " I hate to say it"

People first "first responder" Right?

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Response to Texasgal (Reply #23)

Mon Oct 29, 2012, 10:26 PM

25. Sorry, but I think in both spheres

You don't want to read it, or find it tacky, trash the thread...easy, peachy.

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Response to nadinbrzezinski (Reply #25)

Mon Oct 29, 2012, 10:52 PM

33. Good for you

When i am responder mode I think about the PEOPLE first. Interesting.

I will not trash thread. I want you exposed.

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Response to Texasgal (Reply #33)

Mon Oct 29, 2012, 11:00 PM

36. Exposed for what?

Oh yes, in your mind the enemy, a republican shill... I could go on

Jaysus, there are days...

Look, if you are one dimensional that is your issue. Some of those can walk and chew gum at the same time.

I guess I have been the enemy all these all these years.

You know what this is? A L-3 already, easy could go into L-4. Your triage nurse will not get what I just wrote, nor will bother 'xplaining it. Thankfully the people in charge, capable of walking and chewing gum, will not say no like the bushes did.

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Response to nadinbrzezinski (Reply #36)

Mon Oct 29, 2012, 11:07 PM

37. Or not..

as a "first responder" we think about life. I've been in critical situations and not once did I wonder how the patient would pay.

I am very concerned about the PEOPLE. You go ON AND ON about being a "first responder" and then you question the cost?

REALLY?

People first fer cryin' out loud!

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Response to Texasgal (Reply #37)

Mon Oct 29, 2012, 11:11 PM

38. Given I did it in Mexico

Where I had to talk patients (American) who were concerned about cost to the ambulance, you tell me stories.

And then there were the times that we had to CONVINCE American hospitals to take charity patients who were American, you keep telling those fantasies to yourself.

Yes, money was always concern number one for patients and American administrators.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 10:00 PM

10. But wait Willard wants to give 2 trillion to the Pentagon!

In fact he'd never want to give it to NYC, too many liberals

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Response to flamingdem (Reply #10)

Mon Oct 29, 2012, 10:02 PM

13. The whole northwestern corridor.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 10:07 PM

15. That's a drop in the bucket for the military. I say they hand it over -- they don't need it.

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Response to Arugula Latte (Reply #15)

Mon Oct 29, 2012, 10:09 PM

17. If we didn't need them toys

Actualy I expect guard (and federal) units to play a critical role in relief efforts in the next 72 hours.

There are areas that a fire truck can't go into that military gear can.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 10:09 PM

18. Has NY "learned its lesson" to your satisfaction yet?

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 10:10 PM

19. should make the next debt ceiling debate interesting

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Response to WhaTHellsgoingonhere (Reply #19)

Mon Oct 29, 2012, 10:11 PM

20. I can't wait fr Eric to insert foot in mouth.

But so far the administration has not inserted politics. I expect Eric to do so soon.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 10:24 PM

24. What did you pull this 1 trillion number out of ?

Or need I ask.

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Response to obliviously (Reply #24)

Mon Oct 29, 2012, 10:28 PM

26. The damage for Donna back in 1960! Which was in the billions, 1960 dollars

Taking into account inflation and so far announced damage.

MTA alone will not be cheap.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 10:33 PM

27. Not a chance.

Here's a list of some storms and what they cost. Note that the infamous Katrina did just north of 100 billion in damages. Sandy is one nasty storm but she isn't 10 Katrinas, no way no how.

http://en.wikipedia.org/wiki/List_of_costliest_Atlantic_hurricanes

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Response to tkmorris (Reply #27)

Mon Oct 29, 2012, 10:35 PM

28. Good point. NT

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 10:36 PM

29. Now, so far 10 people have died


Two in New Jersey
One in Connecticut
One in West Virginia
One in North Carolina
Five in New York


CNN Breaking News ‏@cnnbrk

2 deaths in NJ, 1 in CT, 1 in WVA, 1 off NC coast, in addition to 5 deaths in NY due to #Sandy. http://on.cnn.com/Pg1gMd

https://twitter.com/cnnbrk/status/263100021401059329


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Response to Tx4obama (Reply #29)

Mon Oct 29, 2012, 10:40 PM

30. Thanks may it remain well bellow expected casualties.

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Response to Tx4obama (Reply #29)

Mon Oct 29, 2012, 10:58 PM

35. Which numbers are a little bit below what they would have been without the storm.

 

hmm

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Response to Tx4obama (Reply #29)

Mon Oct 29, 2012, 11:22 PM

39. I live in NC -- no deaths here

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 10:53 PM

34. Trillion?

Just pullin' numbers out a hat I see...

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 11:23 PM

40. Nowhere near $1 trillion

Hurricane Donna has been cited as the basis for this estimate. But Donna only caused $900 million damage in 1960 dollars. Converted to 2012 dollars, it was a $7 billion dollar storm. And that's not just US cost, but total cost. Donna killed over 300 people.

Sandy is a horrible, costly storm and I'm happy (knock on wood) to have made it through it so far with minimal damage. And it will cause losses in the billions.

But its not a trillion dollar storm. Or a half a trillion.

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Response to onenote (Reply #40)

Mon Oct 29, 2012, 11:27 PM

41. Headline from 1960 paper was billions.

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Response to nadinbrzezinski (Original post)

Mon Oct 29, 2012, 11:28 PM

42. I think you're probably off by a decimal point or two.

I guess time will tell.

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Response to nadinbrzezinski (Original post)

Tue Oct 30, 2012, 12:01 PM

43. the number they're tossing around now is $20 Billion.

 

Yeah...that's REALLY CLOSE to a trillion.

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Response to nadinbrzezinski (Original post)

Tue Oct 30, 2012, 12:04 PM

44. Rough estimate is $20 billion, 29 confirmed dead as of this posting

That number is very preliminary but it would seem that a trillion is way off the mark.

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Response to Motown_Johnny (Reply #44)

Tue Oct 30, 2012, 12:27 PM

45. So, that is good news

Exprct it to rise

Are they using also economic losses from people NOT WORKING?

But good news still.

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Response to nadinbrzezinski (Reply #45)

Tue Oct 30, 2012, 04:18 PM

52. no, that is another ~$30 billion on top of the damage estimate

still only about 1/20th of a trillion

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Response to Motown_Johnny (Reply #52)

Tue Oct 30, 2012, 09:00 PM

55. You know, good news it's not as high as I feared

But if you wanna play gotcha games, have at it.

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Response to nadinbrzezinski (Original post)

Tue Oct 30, 2012, 12:33 PM

46. A billion here and a billion there and pretty soon you're talking real money :) - n/t

 

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Response to coalition_unwilling (Reply #46)

Tue Oct 30, 2012, 12:34 PM

47. I took into account inflation from 1960 and Donna

To some here it's a game of gotcha...it says around 20 Billion, that is good news and still real money.

The subway seems to have suffered major damage.

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Response to nadinbrzezinski (Reply #47)

Tue Oct 30, 2012, 12:38 PM

48. In a weird, counter-intuitive sort of way, recovery from Sandy might

 

provide the sort of Keynesian pump-priming needed to pull us out of the anmeic growth we've experienced in this recovery. The fact that it is disaster recovery would provide all sorts of political cover to Rape-publicans who have to stand against 'big government' ideologically but who still need jobs for their constituents.

Don't mean to probe uses of Sandy for cynical political purposes, only to point out that a grand Keynesian opportunity is upon us now and I hope Obama and his team are clever enough to seize upon and exploit it.

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Response to coalition_unwilling (Reply #48)

Tue Oct 30, 2012, 12:41 PM

50. I think they will

Fema has money to respond. (Eat that Eric Cantor)

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Response to nadinbrzezinski (Original post)

Tue Oct 30, 2012, 12:38 PM

49. I think the "20 billion" figure that's been tossed around is absurdly low

 

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Response to slackmaster (Reply #49)

Tue Oct 30, 2012, 09:01 PM

56. Early number

It will grow.

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Response to nadinbrzezinski (Reply #56)

Tue Oct 30, 2012, 09:17 PM

57. Will it grow to a trillion?

This is almost as good as the "there are 60 cm in a meter" assertion you posted!

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Response to slackmaster (Reply #49)

Wed Oct 31, 2012, 11:30 PM

77. Do you have any expertise in this field?

I assume that those making the projections do this for a living.

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Response to onenote (Reply #77)

Thu Nov 1, 2012, 11:06 AM

80. I was out standing in my field just this morning

 

The weeds need to be pulled again.

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Response to nadinbrzezinski (Original post)

Tue Oct 30, 2012, 04:56 PM

53. I am awaiting the self-delete

like you usually do when you get your ass handed to you.
3...2...1...

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Response to zappaman (Reply #53)

Tue Oct 30, 2012, 10:24 PM

66. This ^

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Response to nadinbrzezinski (Original post)

Tue Oct 30, 2012, 09:18 PM

58. Too high. Even the horrific Japan Earthquake/Tsunami of 2011 caused about $300 billion in damages

A trillion $ seems way too high, even for a storm as big as Sandy.

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Response to entanglement (Reply #58)

Tue Oct 30, 2012, 09:24 PM

59. I was going from Donna, and taking into account inflation

Suffice it to say, don't mind being way off

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Response to nadinbrzezinski (Original post)

Tue Oct 30, 2012, 09:27 PM

60. Well, we can't add to the deficit, so someone else is gonna have to pay.

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Response to nadinbrzezinski (Original post)

Tue Oct 30, 2012, 09:28 PM

61. Well hopefully we can make lemonade out of lemons

There will be lots of construction and infrastructure related JOBS!

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Response to malaise (Reply #61)

Tue Oct 30, 2012, 10:30 PM

68. That is true.

There is always a lot of spending in the aftermath of a disaster.

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Response to nadinbrzezinski (Original post)

Tue Oct 30, 2012, 09:46 PM

64. Are you even aware of what a trillion is? nt

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Response to Codeine (Reply #64)

Tue Oct 30, 2012, 10:26 PM

67. There's 60 billion in a trillion, right?...

No, wait. That was centimetres in a metre.



Sid

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Response to SidDithers (Reply #67)

Tue Oct 30, 2012, 10:35 PM

69. damn you all to hell Sid,,,

vaht?

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Response to Codeine (Reply #64)

Tue Oct 30, 2012, 11:47 PM

71. One thousand billion.

Measured ardently in economic losses, material losses, cost in repairs labor, overtime, and parts, etc., and the rest of the bullshit....

...one trillion might not be so unbelievable.

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Response to nadinbrzezinski (Original post)

Wed Oct 31, 2012, 11:22 PM

72. So did we hit a trillion yet?

Gotta be close...

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Response to zappaman (Reply #72)

Wed Oct 31, 2012, 11:28 PM

76. let's have a shootout to settle this matter. i say a brazillion!

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Response to nadinbrzezinski (Original post)

Wed Oct 31, 2012, 11:24 PM

73. Today the number that is being talked about is: 50 billion. n/t

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Response to Tx4obama (Reply #73)

Wed Oct 31, 2012, 11:38 PM

78. Trust me, on this one I am glad to be way off. (nt)

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Response to nadinbrzezinski (Reply #78)

Sat Nov 3, 2012, 07:45 PM

82. That's a bit more than "way off," really.

You know, like 950 billion off. . .

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Response to nadinbrzezinski (Original post)

Wed Oct 31, 2012, 11:26 PM

74. This is a hurricane, not a Romney tax cut

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Response to nadinbrzezinski (Original post)

Wed Oct 31, 2012, 11:28 PM

75. no, a brazillion!11!

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Response to nadinbrzezinski (Original post)

Thu Nov 1, 2012, 12:13 AM

79. Report: Damage estimates from SuperMegaStorm Sandy approaching $1 Trillion.

With the daylight comes eye-opening, awesome scenes of destruction. Damage estimates so far are only $950 billion short of $1 trillion dollars according to insurance claims adjusters...

Developing.

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Response to cherokeeprogressive (Reply #79)

Thu Nov 1, 2012, 01:57 PM

81. Link?

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Response to nadinbrzezinski (Original post)

Tue Nov 13, 2012, 10:35 PM

83. kick

we there yet?

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