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Katrina claims add up to quadrillions
Katrina claims add up to quadrillions
by The Times-Picayune
Monday January 07, 2008, 7:46 PM
By Sheila Grissett, East Jefferson bureauThe most expensive Katrina claims filed so far against the Army Corps of Engineers -- those specifying damages of at least $1 billion each -- total $3 quadrillion, according to a thumbnail set of figures released Monday by the agency.
That's $3,013,283,057,589,910, to be exact. And no cents.
One claim alone accounts for all but $13.3 trillion of the total, and that one came from Baker -- 93 miles northwest of New Orleans and far outside the Katrina flood zone. Federal privacy laws prohibit the corps and plaintiffs' attorneys from identifying claimants by name, so the basis for the Baker claim was not immediately clear.
The corps released a list of 247 claims of $1 billion or more in response to requests from news organizations. Most claims were filed by individuals. Fourteen of them included compensation requests for "wrongful deaths."
The list includes a $77 billion claim filed by the city of New Orleans, which is a matter of public record, as well as three claims by unnamed insurance companies, according to the Bruno & Bruno law firm, which represents thousands of hurricane victims.
Anyone seeking to collect damages from the federal government must first submit a Form 95, which preserves the right to sue. Almost a half-million such forms have been filed with the corps since levees and floodwalls failed during Katrina, triggering catastrophic flooding that killed more than 1,500 people in Louisiana and ruined homes and businesses. Though the accounting is far from finished, it is generally considered the costliest disaster in U.S. history.
The corps reports receiving 489,000 claims as of Monday. But corps spokeswoman Amanda Jones said that a number of those are duplicates.
Story got a lot of comments, this is one of the best:
TOO MUCH MONEY GOING TO NEW ORLEANS THE SINKING CITY
Posted by kabel on 01/08/08 at 6:35AMTOO MUCH MONEY GOING TO NEW ORLEANS THE SINKING CITY
A billion is a difficult number to comprehend,
but one advertising agency did a good job of
putting that figure into some perspective in
one of its releases.
A. A billion seconds ago it was 1959.B. A billion minutes ago Jesus was alive.
C. A billion hours ago our ancestors were
living in the Stone Age.D. A billion days ago no-one walked on the earth on two feet.
E. A billion dollars ago was only 8 hours and
20 minutes, at the rate our government is spending it.While this thought is still fresh in our brain, let's take a look at New
Orleans . It's amazing what you can learn with some simple division.Louisiana Senator, Mary Landrieu (D), is presently asking the Congress
for $250 BILLION to rebuild New Orleans . Interesting number, what does
it mean?A. Well, if you are one of 484,674 residents of
New Orleans (every man, woman, child), you
each get $516,528.B. Or, if you have one of the 188,251 homes in
New Orleans, your home gets $1,329,787.C. Or, if you are a family of four, your family
gets $2,066,012.Washington , D.C .. HELLO!!! ... Are all your calculators broken??
Tax his land,
Tax his wage,
Tax his bed in which he lays.
Tax his tractor,
Tax his mule,
Teach him taxes is the rule.
Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.Tax his ties,
Tax his shirts,
Tax his work,
Tax his dirt.Tax his tobacco,
Tax his drink,
Tax him if he tries to think.Tax his booze,
Tax his beers,
If he cries,
Tax his tears.Tax his bills,
Tax his gas,
Tax his notes,
Tax his cash.Tax him good and let him know
That after taxes, he has no dough.If he hollers,
Tax him more,
Tax hi m until he's good and sore.Tax his coffin,
Tax his grave,
Tax the sod in which he lays.
Put these words upon his tomb,
'Taxes drove me to my doom!'And when he's gone,
We won't relax,
We'll still be after the inheritance TAX!!
Accounts Receivable Tax
Building Permit Tax
CDL License Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Perm it Tax
Gasoline Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges (tax on top of tax),
IRS Penalties (tax on top of tax),
Liquor Tax,
Luxury Tax,
Marriage License Tax,
Medicare Tax,
Property Tax,
Real Estate Tax,
Service charge taxes,
Social Security Tax,
Road Usage Tax (Truckers),
Sales Taxes,
Recreational Vehicle Tax,
School Tax,
State Income Tax,
State Unemployment Tax (SUTA),
Telephone Federal Excise Tax,
Telephone Federal Universal Service Fee Tax,
Telephone Federal, State and Lo cal Surcharge Tax,
Telephone Minimum Usage Surcharge Tax,
Telephone Recurring and Non-recurring Charges Tax,
Telephone State and Local Tax,
Telephone Usage Charge Tax,
Utility Tax,
Vehicle License Registration Tax,
Vehicle Sales Tax,
Watercraft Registration Tax,
Well Permit Tax,
Workers Compensation Tax.STILL THINK THIS IS FUNNY?
Not one of these taxes existed 100 years ago,
and our nation was the most prosperous in the world.
We had absolutely no national debt, had the largest middle class in the
world, and Mom stayed home to raise the kids.What happened? Can you spell 'politicians!'
And I still have to 'press
1' for English.I hope this goes around THE USA at least 100 times
What happened?????



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