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+--- Thread: Sandy's a Bitch (/thread-9142.html)
RE: Sandy's a Bitch - HairOfTheDog - 11-25-2012
The Financial Cost (and Benefits?) of Sandy's Terror - Update
The bill has come up for Hurricane Sandy, and it's not going to be a cheap one. In Jersey alone, the storm comes to an estimated $29.4 billion, according to Governor Chris Christie. In New York, Governor Andrew Cuomo said last week that Sandy cost New York about $33 billion. He didn't show his work.
While the damage is extensive throughout the Eastern Aeaboard, recovery is actually expected to lead to an economic boost and reconstruction may eventually surpass the loss of business caused by the storm. According to Economic Outlook Group LLC in Princeton, "reconstruction and related purchases and hiring may range from $140 billion to $240 billion and add 0.5 percentage point to U.S. economic growth next year, assuming $50 billion in losses." According to Jeff Burchill of FM Global in Rhode Island, a natural disaster like Sandy leads to a lot of reconstruction and construction that otherwise wouldn't have happened. Call a team for the water removal, have them stay for the new kitchen and bath.
For John Cataneo of Gateway Plumbing & Heating in Manhattan, the recovery rebuilding already has 20 employees working overtime and they still can't seem to keep up with the demand. "We’re just not getting to some people that are asking for help. But we’re doing the best we can," he said.
Best news of all? Expect more Obama/Christie photo ops. The governor said, "I stand ready to work with our congressional delegation and the Obama administration to get the funding support New Jersey expects and deserves." We just hope he's wearing his blue fleece when it happens.
http://nymag.com/daily/intel/2012/11/christie-cuomo-estimate-sandys-damage.html
RE: Sandy's a Bitch - HairOfTheDog - 12-13-2012
I don't much follow royalty or celebrities, but sometimes they use their fame to do really good things. Last night, a concert to raise funds for victims of Hurricane Sandy was held; big name musicians on stage and celebrities manning the donation phones. The concert raised over $30 million in ticket sales alone (not known yet how much donations pulled in). Pretty cool.
The performers and song list is included in the link below; pretty great line-up.
Gonna check out the footage this weekend; love anything Roger Waters and looks like Paul McCartney tore it up on “Cut Me Some Slack” with Nirvana’s Dave Grohl, Krist Novoselic and Pat Smear.
http://abcnews.go.com/blogs/entertainment/2012/12/12-12-12-concert-music-royalty-rock-out-for-sandy-relief/