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Mortgage Grapevine

Political: Lessons to be learned from Katrina and Sandy

One may observe that those who wait on the government to provide all that is necessary to untangle the mess left by a major natural event may have long to wait. Those who have prepared for such events and willingly help others fair better.

We would do well to re-evaluate our own preparations for major events.
by lil_oh_me November 3, 2012 11:03 AM


Yet, ironically, the private companies were on top of it:

"At Home Depot, Doug Spiron—the company's emergency-response captain—said the company has 441 stores expected to be under tropical-storm-force winds, and 18 that are expected to incur hurricane-force winds.

But for days, Home Depot has been loading trucks and yards with storm-related inventory at distribution centers from Virginia through Pennsylvania and in New York and New Jersey, according to Mr. Spiron, who runs Home Depot's Disaster Response Command Center.

And far as New York, "we've got it surrounded."

They also donated $250K to the relief, all combined HD, Lowe's and others have donated over a million.

Makes you think.

http://online.wsj.com/article/SB10001424052970204840504578086752018109498.html?mod=googlenews_wsj
by Lex Parsimoniae November 3, 2012 11:23 AM


"And far as New York, "we've got it surrounded.""

New Your is built on barrier islands. Underground runs subways, electrical systems, etc.
Before, during and after Katrina once again thought was given to New Orleans being located below sea level. Either we adapt to what is becoming a new norm or we suffer the consequences.

Is there not an opportunity for other states to put out the welcome mat to businesses and corps. displaced or no longer willing to roll the dice with apparent new norms?

A woman was relocated after she lost her home to Irene, now she is relocating because of Sandy.

by lil_oh_me November 3, 2012 11:42 AM


Lex,

Come on they're an evil big corporation. They just wanted to make sure they were well stocked and able to take full advantage of the sales opportunity to increase profits.

Funny how responsive and efficient the private sector is because they are profit driven and accountable in their actions.


by ConservativeMe November 3, 2012 11:49 AM


Profit driven? absolutely; for that matter one could also say they are results driven because they are profit driven. Indeed, by their vary nature they are results oriented.

Government is not. Not this government and you can take that to the bank.
by lil_oh_me November 3, 2012 12:43 PM


CM, lom, they prepare in advance, are ready when the disaster strikes, accomplish it efficiently without red tape and make a profit to boot.

Do you think, just maybe, the government could learn something.

Like maybe preallocating the disaster funds to the state and turning some of the responsibility over to the private sector?

Why hasn't anyone thought of this before...
by Lex Parsimoniae November 3, 2012 3:15 PM


Oh, wait....

I'm sure someone said that same thing this cycle...


by divot November 3, 2012 3:59 PM


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