02-09-2005 02:50									#61
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quote: Originally posted by Winston I always thought "England" was in Europe.

England is still ambivalent about this.

	02-09-2005 02:52									#62
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New Orleans has too much historical value to abandon. Where would Americans go for Mardi Gras? Also you have to realise that the Mississippi River is still a major transport route and naturally demands a port where it joins the sea.

	02-09-2005 02:54									#63
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I heard some experts on the News saying that when they rebuild New Orleans that it will be a much smaller city with a improved dikes to help prevent this kind of flooding in the future.

	02-09-2005 02:56									#64
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they will rebuild the city. exactly where it was. maybe with some improvements on the coastline. that´s the american way

	02-09-2005 03:00									#65
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New Orleans is (was) the 4th busiest port in the world - that is going to take quite a bit of reshuffling...

In fact because it is so busy, the wetlands that would have helped absorb the storm surges and the power of the hurricane have been gradually whittled away to almost nothing south of the city due to flood controls dredging channels/canals etc eroding them away and preventing the Mississippi from replenishing them...

	02-09-2005 03:04									#66
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quote: Originally posted by Jack_www I heard some experts on the News saying that when they rebuild New Orleans that it will be a much smaller city with a improved dikes to help prevent this kind of flooding in the future.

Apparently the older historic bits (certainly the FQ - not sure about Garden District) were built on the highest ground therefore mostly intact.

I say save those as a historic tourist attraction at the end of a long causeway, ditch the rest and allow the Mississippi to flow 'as nature intended' and repair the delta and wetlands in S. Louisiana...

	02-09-2005 03:07									#67
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That should like a good idea to me MOBIUS.

	02-09-2005 03:20									#68
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quote: Originally posted by MOBIUS New Orleans is (was) the 4th busiest port in the world - that is going to take quite a bit of reshuffling...

I await Adam Smith's calculations, but my feeling is that this is going to be a major blow to the economy.

	02-09-2005 03:47									#69
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I'm not aware of the fact that New Orleans is the 4th busiest port in the US. Does anybody have a source on this?

	02-09-2005 03:52									#70
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Economic impact: Oil shocks send disaffected masses to the street in protest.

Economy grinds to a halt.

Communist revolution fever sweeps the nation.

Che and Kid suffer mild strokes in shocked surprise, and spend a few days in the hospital, and emerge with perma-grins on their faces.



-=Vel=-

	02-09-2005 04:25									#71
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quote: Originally posted by DanS I'm not aware of the fact that New Orleans is the 4th busiest port in the US. Does anybody have a source on this?

You're not aware...

That is more an indication of your own ignorance about your country that you appear to suspect I might be making this up...

Feel free to comment again when you have educated yourself.

	02-09-2005 04:28									#72
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IIRC, New Orleans is our most important port. Might be the Port of Los Angeles. I think Charleston is the 4th largest port.

	02-09-2005 04:45									#73
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I did say the World...

Something else DanS got wrong...

But I did get my info from the not entirely reliable Wikipedia...

	02-09-2005 04:47									#74
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mobius you really have a courage in complaining about other human beings´cultural level

	02-09-2005 05:10									#75
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I think the economic impact is no more recovery. I think we are heading back into recession. Yes, the building will help GDP, but NO was LARGE city with a lot of business and was the port in the US. Environmental degradation will have a large effect, but the imports and exports having to go elsewhere could really hurt us badly.

	02-09-2005 06:41									#76
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According to this About.com article, NO is the busiest port in America and the 3rd busiest in the world by one measure (volume), but doesn't make the top ten by another (# of containers), whereas LA and Long Beach do.

	02-09-2005 06:44									#77
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You know, you're right. There's only one hope now - we have to annex an oil rich nation. I'm not certain whether it makes more sense to go for one nearby or for one across the globe. One's just a stone's throw away, but most of our troops are residing in the other. It's a close call. Either way we'll probably have to institute the Sheridan Solution.

	02-09-2005 06:59									#78
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Economically this will screw the South.

Increased traffic will boost the east and west coasts, while interior manufacturing industries will get a boost from increased cost of imports.

	02-09-2005 07:04									#79
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quote: Originally posted by Smiley Economically this will screw the South. Increased traffic will boost the east and west coasts, while interior manufacturing industries will get a boost from increased cost of imports.

And the irony here is that the ongoing shrinking of the federal tax system in favor of state and local taxes -- a cornerstone of Red State conservativism -- means that less money from the booming coasts will find its way to the South.

Nice to know there's a silver lining in all this...

	02-09-2005 08:20									#80
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Silver lining? America is turning into Iraq.

	02-09-2005 09:50									#81
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I read in one article today this could shift Real GDP growth to zero.

The problem with an oil shock is oil is an input for so many industries in the economy. Most of everything people buy is brought in by trucks or by other sources of transports, and rising fuel costs mean more costs for the entire economy. This cost shock could have horrible effects, perhaps the return of stagflation?

	02-09-2005 09:54									#82
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quote: Originally posted by chegitz guevara A damn fine drink. You can get it in a cup to go and wander around the French Quarter and get totally sloshed.

It's subtle at first. You think you have complete control until you find yourself sitting at Hooters with no recollection on how in the hell you got there.

	02-09-2005 10:12									#83
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quote: Originally posted by Dr Strangelove You know, you're right. There's only one hope now - we have to annex an oil rich nation. I'm not certain whether it makes more sense to go for one nearby or for one across the globe. One's just a stone's throw away, but most of our troops are residing in the other. It's a close call. Either way we'll probably have to institute the Sheridan Solution.

Henry, start digging up the guns.

	02-09-2005 12:55									#84
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quote: Originally posted by germanos Does this mean that wealth and well-being has nothing to do with economics? In fact that wealth and well-being are opposites of a healthy economy?

While GDP is widely used to measure national wealth, this is one of the reasons why it is a bad measure.

You can increase the GDP of the US a lot by nuking NYC (or another large city) and then rebuilding.

	02-09-2005 13:01									#85
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GDP weighed against current national assets could be a better. I get what you're saying, UR.

	02-09-2005 13:35									#86
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quote: Originally posted by Dr Strangelove New Orleans has too much historical value to abandon. Where would Americans go for Mardi Gras? Also you have to realise that the Mississippi River is still a major transport route and naturally demands a port where it joins the sea.

I for one, would welcome drunk women lifting up their shirts to show their tits to our great city of Las Vegas. Though it can get cold in Feburary. We could move mardis gras to May.

	02-09-2005 13:39									#87
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Don't forget New Orleans is a top tourist destination. And one of the biggest places conventions go to (behind Las Vegas, Chicago, and New York). They are trying to move conventions to Vegas, but our places are booked up.

They are up there with Vegas for their tourism draw.

As for 4th largest port in the U.S. I can believe it. As this would include oil I would think.

	02-09-2005 16:54									#88
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quote: Originally posted by VetLegion Contaminated with what?

Creole sauce, bearnaise, that sort of thing.

	02-09-2005 17:03									#89
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quote: Originally posted by Shi Huangdi I read in one article today this could shift Real GDP growth to zero. The problem with an oil shock is oil is an input for so many industries in the economy. Most of everything people buy is brought in by trucks or by other sources of transports, and rising fuel costs mean more costs for the entire economy. This cost shock could have horrible effects, perhaps the return of stagflation?

It's quite probable that this will cause oil prices to drop as a result of a lack of "demand" from refineries. It wouldn't surprise at all if oil and petrol (gas) prices completely de-coupled even further in the coming weeks.

	02-09-2005 17:19									#90
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No, New Orleans was the United States's BUSIEST port, and the 4th busiest in the WORLD.