Re: Sandy and BCP

[Dan Kaminsky <dan () doxpara com>]

To be fair, if you exclude construction in all places that suffer disasters, you can't build anywhere, and most land 
will lie fallow.  Meanwhile prices do not take into account significant disaster risk, and insurance may literally not 
be available.

Taxes end up being a mechanism by which the resources of a country may still be used despite risk that is on a timeline 
greater than the market can comprehend.

Sent from my iPhone

On Nov 6, 2012, at 10:35 AM, Drsolly <drsollyp () drsolly com> wrote:

> There's an interesting issue here.
>
> If the imprudent Mr Piggy builds a straw house next to a place that 
> floods, should I be taxed to build flood defences around his house?
>
> This is a problem we're getting in the UK, where far too many housing 
> estates are being built on flood plains.
>
> On Tue, 6 Nov 2012, Rob, grandpa of Ryan, Trevor, Devon & Hannah wrote:
>
> > The flooding of New York City was, once again, an example of known threats not 
> > being addressed.
> >
> > http://www.economist.com/blogs/gulliver/2012/11/defending-new-york-floods
> >
> > It would have been too expensive to do anything about the issues.  (Flood costs 
> > currently $50B and rising as more damage found.)
> >
> > Of course, nobody could have predicted Sandy, because this was a storm produced 
> > by changing conditions.  Brought on by global warming/climate change.  Which is 
> > another issue that is too expensive to address ...
> >
> > (Why do I have this old oil filter ad tagline running through my head?  "You can 
> > pay me now ... or pay me later ...")
> >
> > ======================  (quote inserted randomly by Pegasus Mailer)
> > rslade () vcn bc ca     slade () victoria tc ca     rslade () computercrime org
> >                   Verba volant, scripta manent
> >         Spoken words fly away, while written words stay on
> > victoria.tc.ca/techrev/rms.htm http://www.infosecbc.org/links
> > http://blogs.securiteam.com/index.php/archives/author/p1/
> > http://twitter.com/rslade
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