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Old 10-30-2012, 10:25 PM
 
18,250 posts, read 16,931,760 times
Reputation: 7554

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Sandy hurt a lot of ordinary people, but what those people lost far as damage goes was peanuts compared to what the titans on Wall Street lost---hundreds of billions of dollars in fees, commissions, surcharges, etc. due to having to close Wall Street down for two, maybe three days because the NYSE had no protection against Sandy's destructive force.

Now that's it's a certainty storms like Sandy are going to be rolling through Manhattan regularly from now on I wonder how those stay-out-of-my-business-except-when-I-need your-help Republicans feel now that Mittens made it very clear he plans to drastically cut back on FEMA, which could have protected the stock exchange's lost profits if it'd only acted more responsibly toward investors by erecting some sort of barrier against such storms, similar to what New Orleans has.
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Old 10-30-2012, 10:33 PM
 
Location: Houston
26,979 posts, read 15,899,377 times
Reputation: 11259
Nothing like a little crack cocaine.
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Old 10-30-2012, 10:34 PM
 
Location: Fort Worth, TX
9,394 posts, read 15,697,329 times
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Quote:
Originally Posted by thrillobyte View Post
Now that's it's a certainty storms like Sandy are going to be rolling through Manhattan regularly from now on
citation needed
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Old 10-30-2012, 10:38 PM
 
33,387 posts, read 34,858,743 times
Reputation: 20030
Quote:
Originally Posted by thrillobyte View Post
Sandy hurt a lot of ordinary people, but what those people lost far as damage goes was peanuts compared to what the titans on Wall Street lost---hundreds of billions of dollars in fees, commissions, surcharges, etc. due to having to close Wall Street down for two, maybe three days because the NYSE had no protection against Sandy's destructive force.

Now that's it's a certainty storms like Sandy are going to be rolling through Manhattan regularly from now on I wonder how those stay-out-of-my-business-except-when-I-need your-help Republicans feel now that Mittens made it very clear he plans to drastically cut back on FEMA, which could have protected the stock exchange's lost profits if it'd only acted more responsibly toward investors by erecting some sort of barrier against such storms, similar to what New Orleans has.
FEMA wont protect wall streets losses, that is the responsibility of the insurance companies.
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