To Eric Cantor: Joplin tornado damage could total $3 billion

[sinkingfeeling]

http://money.cnn.com/2011/05/24/news/economy/tornado_joplin/index.htm?hpt=T2

NEW YORK (CNNMoney) -- The tornado that devastated Joplin, Mo., killing at least 117 people, may have caused up to $3 billion in insured losses, according to an estimate from a catastrophe risk modeling firm released Tuesday.

Eqecat Inc. estimated that the tornado that flattened the city of about 50,000 people on Sunday caused from $1 billion to $3 billion worth of damage to insured buildings - including homes, businesses and factories - and automobiles, according to Jose Miranda, director of client advocacy.

The Joplin tornado is the single deadliest tornado in U.S. history, in what has been a particularly catastrophic year. So far this year, tornadoes have killed 482 people in the United States.

This year was relatively calm, as far as natural disasters are concerned, until April, when a series of three severe storms ripped through the Southern states, causing up to $5 billion worth of damage. The most serious storm featured 178 tornadoes and killed at least 300 people, many of them in Alabama.

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Looks like you Republicans need to cut about $5 Billion from the defense budget to pay for the Spring of 2011.

[Angry Dragon]

1. Tax the rich, cut out oil welfare, cut out all congressional pensions

no more junkets, cut congressional office monies, raise cap on SS, stop the wars

That should help with the offset to helping the people of this country

[NotThisTime]

4. You know they will never let that happen

[madrchsod]

2. does`t anyone fact check or qualify anymore?

http://www.spc.noaa.gov/faq/tornado/killers.html

joplin is the deadliest after 1950. before 1950 the accuracy of the death tolls are in question.




they are in for more thunderstorms today.....

[madrchsod]

3. oh yes..i wonder what he`ll say if ohio gets hit...

[sinkingfeeling]

6. Uh, Cantor's from Virginia, so I'd guess he'd say the same thing.

[tridim]

5. Shouldn't the insurance companies pay the insured damage?

That's what the word insurance means.

[sinkingfeeling]

7. FEMA plus a special aid package that President Obama wants. Cantor says 'no'.

http://www.examiner.com/political-buzz-in-national/house-majority-leader-eric-cantor-r-va-says-no-aid-for-joplin-without-cuts

House Majority Leader Eric Cantor (R-VA) says no aid for Joplin without cuts


Today President Obama pledged to provide "every ounce" of federal resources to helping the victims in Joplin. Thus far FEMA has been on the scene to help with rescue operations. However, in the long-term the President would likely need congressional approval in order to provide a package of financial aid.

[tridim]

8. I understand that, but the article is talking about insured damage.

Cantor is just being a dick, as usual.