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Originally Posted by gez
It may well be standing up, but necessarily in the right place. One floating casino ended up on the highway. BTW, I was surprised by the $22m figure as well, maybe I misheard - did anyone else hear the report?
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Here's what I read, IIRC. The cost of doing some repair/upgrade work to the levee system was about $200 million, which they would have been happy to get , 'cause it would have helped some.
But to overhaul the whole levee system, as recommended by the study done, so that it could withstand a CAT 5 hurricane would have cost roughly $2 Billion. Even so, this would have been a lot cheaper than the estimated $26 Billion damage done by Katrina.
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