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Please support the Hurricane Katrina relief efforts
If we hadn't been sending so much money to Iraq, the Corps of Engineers would have been able to keep the leevees up and in working order. In 2004, the contractors working on the leevees had to work for free (the USACE will pay them back when they actually get money) to keep the leevees up. As you may know, the leevees sink in the soft soil. Some of the leevees are five feet below where they are suposed to be.
Please support the Hurricane Katrina relief efforts
If this is true that the levees were in such bad shape, I wonder who's going to be judged culpable? I'm seeing estimates now of $75B in insured and uninsured losses.
Please support the Hurricane Katrina relief efforts
Feliox wrote: Secondly, I can't understand why the insurance companies continued to provide coverage without any major premium increases (other than inflation) |
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