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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: alanrs who wrote (131267)6/29/2008 5:33:07 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>Bad things happen. Not possible to foresee every one, nor act to counter even the ones foreseen.<<<

Look. All I want to know is who was responsible for the 2005 hurricanes, the 2005 SE Asia tsunami, the 2008 typhoon at Mynamar, the 2008 earthquake in China, and the 2008 floods in the American mid-West.

Last I heard was that the US was being sued for the tsunami because we didn't have enough warning systems deployed around the world. If we had them for our own territories (e.g. Pearl Harbor) than we had a moral obligation to place a grid all around the world. I have the vaguest recollection that some group actually sued the American power industry for Katrina damages, being that it is the largest emitter of CO2 and therefore most responsible for global warming and the attendant hurricanes.

Lots of people go whacko. Probably genetic. Sometimes it even happens in droves - like the housing mania. Hard to write that off to DNA or nature.

I often wonder about our response to 9/11. We lost some 5K very precious lives that day. But we wipe out 50K on our highways every year and we don't declare war on anybody. I guess that its kind of hard for the Prez to explain to J6P that unlike our highway system, the human loss on 9/11 was just a normal expense in doing business. Compared to the natural disasters of the last few years, 9/11 is hardly worth mention.

But if you want to see famine, economic dislocation, and mini civil wars, just keep finding ridiculous reasons not to modernize the US energy infrastructure.
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