|Peter Boettke| NPR report on how the strong bonds of friends, family and good neighbors help rebuild communities after disaster strikes. Emily Chamlee-Wright, whose research on Katrina, is fundamental for anyone hoping to understanding this issue, is quoted in the article.
Guest Blog Post by Stephen Cauffman, NIST Lead for Disaster ResilienceWhen disaster strikes . . .No other phrase may be more ominous, conjuring images of powerlessness, destruction, and an aftermath of painful, costly recovery. Think Hurricanes Katrina and Sandy; the Oakland firestorm of 1991; the Joplin, Mo., and Moore, Okla., tornadoes; or last year’s floods in Colorado and much of the Midwest.Although communities cannot dodge hazardous events like these, they can take concrete actions in advance to minimize the toll that natural—and even human-caused—hazards inflict and to speed up the pace of recovery. Communities can make themselves more resilient to disasters.Providing tools and guidance to help U.S. communities become more disaster resilient is the goal of a collaborative, nationwide effort led by the National Institute of Standards and Technology (NIST). Carried out under the President's Climate Action Plan, this recently launched national initiative will yield a comprehensive, disaster resilience framework that will help communities develop plans to protect people and property before disaster strikes and to recover more rapidly and efficiently.Focusing on buildings and infrastructure systems, such as communications and electric power, the framework will identify performance goals; document existing standards, codes, and practices that address resilience; and identify gaps that must be addressed to bolster community resilience.As we prepare the draft framework, NIST is soliciting input from a broad array of stakeholders, including planners, designers, facility owners and users, government officials, utility owners, regulators, standards and model code developers, insurers, trade and professional associations, disaster response and recovery groups, and researchers.
As famed short seller David Einhorn says, no matter how bad you think it is, it’s worse. We’ve got proof of his dictum in the form of a new looting scheme, the Disaster Savings Account Act. Since the financiers haven’t yet gotten their hands on Social Security, they are looking for new worlds to plunder. Here’s the blurb from one of its promoters:
strong>An Open Letter to the House and Senate:
Support Measures to Encourage Private Disaster Mitigation
Dear Member of Congress,
By Ali Frick
I was watching MSNBC this morning and one of the guests said that the BP oil spill was a demonstration of the failure of government to handle these sorts of disasters. But it strikes me that this is a failure of a failed government: If government had been working the way it was supposed to, during the regulatory phase, this spill very well might not have happened.
In 2006, musician and philanthropist Peter Buffett got the kind of gift most charitable givers can only dream about: approximately $1 billion in Berkshire Hathaway stock from his father, legendary investor and Berkshire CEO Warren Buffett, to be used for philanthropic work. The gift, which was doubled in 2012, now funds the NoVo Foundation, headed by Peter and his wife, Jennifer.