When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Sunday, October 2, 2011

FEMA's new normal, NOAA's phony hurricane, and the need for reform

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Federal Budget Makes Case FEMA Reforms Needed: "For the first nine months of 2011, FEMA has issued 222 declarations, which is a single-year record and a 41 percent increase over the previous record of 157 declarations set in 1996, when President Bill Clinton was running for reelection. FEMA has issued 84 Major Disaster Declarations this year, which also is a record.
This pace of declarations is draining the DRF at a pace of $30 million to $40 million per day.
For perspective on FEMA’s “new normal,” Hurricane Irene—barely a Category 1 hurricane when it finally struck the U.S.—resulted in Major Disaster Declarations for 12 states, largely for flooding. In sharp contrast, just six years ago, Hurricane Katrina—America’s costliest disaster by tens of billions of dollars, with more than 60,000 square miles impacted—resulted in just four states receiving Major Disaster Declarations. Texas did not even receive a Major Disaster Declaration for Hurricane Katrina."

I guess we've had "disaster inflation" under the Obama administration--spend, spend, spend . . . . .  Particularly when you consider that Irene wasn't even a hurricane when it approached and finally reached New York--  http://cliffmass.blogspot.com/2011/08/when-did-irene-stop-being-hurricane.html
My prediction is that with the election coming up in 2012, the next 14 months will be the most "disastrous" in our history.


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects