[MrTrik]

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I don't see it bouncing back. I'm wondering where America is getting the money for all this. Where are they going to find 30 billion ? Will we be paying 50 % taxes in the next 10 years ? If so, they will come down hard on online poker for money.

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Although there are many people in NO that didn't have the means to have insurance, the bulk of the $30 billion estimate will be carried by insurance companies. Indirectly it will affect all of us in many ways and some insurance companies will go under on this loss. This happens with many natural and man made disasters.

My wife is in insurance. The way she put it is that the final carriers (Many carriers re-insure with bigger carriers and they are sometimes called final carriers) isolate flood, Hurricane, and business lost revenue insurance from their normal homeowners, auto, and life. But the insurance industry is certainly going to be shaken over all by this disaster.

The Federal government is already spending a ton of money as well. Naval ships, Army engineers, and other kinds of relief. But the bulk of the re-building cost shouldered by our government will be in low interest, federally guaranteed loans through Fema. At least that is my understanding.