Thursday, January 10, 2008

Katrina Victims Hit Feds With 489,000 Claims, Including One for $3 Quadrillion

NEW ORLEANS — "Hurricane Katrina's victims have put a price tag on their suffering and it is staggering — including one plaintiff seeking the unlikely sum of $3 quadrillion.

A whopping $3,014,170,389,176,410 is the dollar figure so far sought from some of the largest claims filed against the federal government over damage from the failure of levees and flood walls following the Aug. 29, 2005, hurricane.

Of roughly 489,000 total claims, the U.S. Army Corps of Engineers said it has received 247 for at least $1 billion apiece, including the one for $3 quadrillion.

"That's the mother of all high numbers," said Loren Scott, a Baton Rouge-based economist.

For the sake of perspective: A mere $1 quadrillion would dwarf the U.S. gross domestic product, which Scott said was $13.2 trillion in 2007. A stack of one quadrillion pennies would reach Saturn.

Some residents may have grossly exaggerated their claims to send a message to the corps, which has accepted blame for poorly designing the failed levees.

"I understand the anger," Scott said. "I also understand it's a negotiating tactic: Aim high and negotiate down."

So instead of suing the city or the state government, these ever so entitled scoundrels disregard the city's use of federal funds to create pleasure boat docking facilities instead of levee bolstering, and in effect are wishing to sue you and I. Once a pig at the public trough always a pig at the public trough.

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