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Topic: NYC seeks $9.8B aid for Sandy storm losses |
NYC seeks $9.8B aid for Sandy storm losses
Bloomberg News, by Freeman Klopott
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Original Article
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Posted By:LittleHoodedMonk, 11/27/2012 1:10:56 AM
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| New York - New York City is seeking $9.8 billion in federal funds to repair infrastructure and recoup economic losses caused by Hurricane Sandy, Mayor Michael Bloomberg said. Private insurance and Federal Emergency Management Agency reimbursements would pay for only $9.2 billion of the $19 billion in total public and private losses to the city from the superstorm, Mr. Bloomberg said in a letter to New York state´s Congress members. New York City´s request includes $5.7 billion in lost economic activity. "This funding will be needed to address the significant local expenses
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Comments: The Big Apple wants to take a bigger bite out of FEMA. For a mayor who´s out to make his voters lean, you just have to wonder how much he "inflated" the costs od Hurricane Sandy to the Federal government.
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Reply 1 - Posted by:
Country Boy, 11/27/2012 1:22:19 AM (No. 9035278)
How many ways can liberals think to steal other people´s money? Just amazing.
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Reply 2 - Posted by:
Topic Thunder, 11/27/2012 1:56:23 AM (No. 9035299)
We´re broke but no problem, we´ll just fire up the printing presses.
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Reply 3 - Posted by:
KTWO, 11/27/2012 2:15:28 AM (No. 9035314)
Couldn´t they just tax those big soda drinks sold at convenience stores.
Never mind.
Apparently FEMA is no longer emergency aid but is to rebuild all that was destroyed.
And $5.7b for lost economic activity - exactly what does that mean? Will they give waiters lost tips and pay taxi drivers who couldn´t operate?
This seems a little like the endless demands for unemployment extensions. There are no rules, you either get more money or you don´t based on politics.
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Reply 4 - Posted by:
billa, 11/27/2012 3:17:39 AM (No. 9035333)
Since probably %90 of those working and/or living in Manhattan and the boroughts are Ds and voted for the idiot-in-chief, they expect massive increase in taxes to pay for their problems, not go on a beg-athon from the rest of the country that had nothing to do with the storm. Add a $50 tax to theater and entertainment tickets, for instance. Or better yet a substntial fine for rudeness...that alone would wipe out the losses.
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Reply 5 - Posted by:
Spidey, 11/27/2012 3:49:24 AM (No. 9035338)
This sounds more like a lawsuit than reconstruction aid.
I´m sure there´s fat cat bellyachers bemoaning the loss of billions in bearer bonds soaked by the storm and rendered useless.Some of these people have so much money they don´t even know how to keep track of it but when disaster hits they want the taxpayers to refill their coffers.Just like the TARP bailout.
Then you have to worry about the UN coming in and directing traffic on housing reconstruction which Bloomberg and Obama will be happy to go along with.
On top of the fiscal cliff,you´ll need an emergency bill for disaster losses and more unemployment extensions without them being paid for with cuts in other areas.This country is broke from all it´s giveaways and doesn´t have a penny of rainy day money anywhere.
Make the bankers and brokers on Wall St. take out home equity lines on their houses to pay for all this.
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Reply 6 - Posted by:
Trigger2, 11/27/2012 4:05:12 AM (No. 9035342)
F-R-E-E money (which is what the parasites consider it to be).
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Reply 7 - Posted by:
Ecclesiastes, 11/27/2012 6:39:05 AM (No. 9035430)
This is where the entire nation should send thanks to Haley Barbour.
Remember that Louisiana asked for a QUARTER OF A TRILLION DOLLARS, for Katrina recovery? Barbour, as Governor of Mississippi - where Katrina actually landed - said 35 Billion was plenty, killing the Louisiana request dead on the spot.
NYC doesn´t dare get too stupid. Taking into account the population density, $9.8B doesn´t sound entirely out of line.
However they screwed up in the past, those people need to get through the winter and to next year.
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