Captain Morgan
Chef Extraordinaire
and heading for New Orleans. Most of you know by now the city is below sea level. A storm surge of 20 feet, entirely possible, would breach the levees and leave the city under water for up to 6 months. 1 and half million people would be displaced, with no jobs or homes to return to, and no money to rebuild.
The economic impact on the US would be staggering. Oil prices rose last week just on the threat of Katrina's landfall. Insurance companies could not handle the debt load, some would go under. The port of New Orleans and the Mississippi river handle millions of dollars worth of commerce....no telling how long, or even if, they could recover.
Remember the govt. aid to the airlines after 9-11? Get ready for more.
The economic impact on the US would be staggering. Oil prices rose last week just on the threat of Katrina's landfall. Insurance companies could not handle the debt load, some would go under. The port of New Orleans and the Mississippi river handle millions of dollars worth of commerce....no telling how long, or even if, they could recover.
Remember the govt. aid to the airlines after 9-11? Get ready for more.