Actuaries Estimate Cost of Terrorist Attacks on Cities; N.Y. at $778 B; D.C. at $196.8 B

Insurance Journal ^ | April 1, 2006 | American Academy of Actuaries

[FairOpinion]

"Exactly - whatever the cost to avoid another another terrorist attack on U.S. soil (even TRILLIONS in Iraq) is worth it IMO."


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Absolutely correct!

[the invisib1e hand]

Actuaries Estimate Cost of Terrorist Attacks on Cities; N.Y. at $778 B; D.C. at $196.8 B

Hmmm...I wonder how Buffet and others will hedge this risk.

Surely even they see the economic incentive to containing terrorism. You'd think they'd be more supportive of the administration. Of course, if they were, people would say Bush was doing it to protect their interests and of course to make himself wealthy through Carlysle Group holdings...

so, perhaps the wealthy elite's criticism of Bush is merely tactical...