Friday, September 16, 2005

Random thoughts on relief efforts and who pays

Why do I have to pay for someone else to live in a dangerous paradise? I am not just talking about the Gulf Coast region, but California as well. With Earthquakes, wildfires, floods, and mudslides: by almost any criterion California, the nation's most populous state, is also its most vulnerable to natural disaster. Think of this Southern California Earthquake Centre reckons that there is an 80% or 90% chance of a tremor of seven or higher on the Richter scale hitting Los Angeles within the next 20 years.

What does this mean? That the entire country will pay for the recovery from such an earthquake. And if you think 100 or so billion that the projected cost of Katrina clean and recovery is high, then just imagine what a major earthquake will do to one of America's most populated cities!

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