This page has been archived and commenting is disabled.

Hurricane Sandy Satellite Photos: Before And After

Tyler Durden's picture




 

While New Yorkers living south of 34th Street have to live in cold and dark for an indefinite period of time (ConEd has been firm electricity will be restored by the weekend, it has been far more vague just which weekend it had in mind), the biggest devastataion from Sandy took place further south, primarily along the New Jersey coastline. In order to get a sense of the devastation that has taken place, we present images from the NOAA's satellite photo tracker, which shows aerial comparisons of the Jersey and Delaware coastline before and after. Because while one can contemplate navels in very broad terms if any wealth is created or destroyed due to Sandy breaking many windows at the macro level, any and all people who lived in the affected territories below will have a far more practical answer to this stupid question.

 

Mantoloking before:

Mantoloking after:

 

New Jersey coastline before:

New Jersey coastline after:

 

New Jersey coastline before:

New Jersey coastline after:

 

New Jersey coastline before:

New Jersey coastline after:

 

New Jersey coastline before:

New Jersey coastline after:

 

New Jersey coastline before:

New Jersey coastline after:

 

New Jersey coastline before:

New Jersey coastline after:

 

Atlantic City coastline before:

Atlantic City after:

 

Atlantic City before:

Atlantic City after:

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 11/01/2012 - 15:29 | 2938535 EscapeKey
EscapeKey's picture

I like how "green tech" will create "jobs for the poor".

Presumably, you'll need qualifications to work in this field just as well as you need to work in the oil or nuclear sector.

Thu, 11/01/2012 - 16:15 | 2938564 francis_sawyer
francis_sawyer's picture

Qualifications?... you need to be jewish...

~~~

Jews to Americans travesty of the day..."Don't fuck with our efforts to commit genocide"...

http://poorrichards-blog.blogspot.fr/2012/11/1500-too-jewish-supreme-court-us.html

Thu, 11/01/2012 - 18:22 | 2939122 Pure Evil
Pure Evil's picture

What makes doofus MDB think the poor want jobs, especially when they can get all their Bernanke Bucks for free from Obama and Uncle Sammy. Still haven't gotten your free Obama cell phone yet?

Thu, 11/01/2012 - 19:35 | 2939330 blunderdog
blunderdog's picture

He obviously knows a lot more about "the poor" than you do.

Thu, 11/01/2012 - 15:33 | 2938552 Gert_B_Frobe
Gert_B_Frobe's picture

Greenie Tech bichez!!!

Were can I finds me some of dat Solyndra stox???

Thu, 11/01/2012 - 15:50 | 2938642 TWSceptic
TWSceptic's picture

Yes, companies like Solyndra are our future. That is to say bankrupt.

Thu, 11/01/2012 - 18:59 | 2939243 CaptainObvious
CaptainObvious's picture

Now now, that's not entirely true.  Green companies perform a valuable service to the world!  Without Fisker, we never would have known that A123 batteries explode when they come into contact with sea water!  What, you expect them to just take batteries out and drop them in the ocean to test them?  That would be grossly irresponsible and very deleterious to the environment!

Thu, 11/01/2012 - 16:45 | 2938834 Abitdodgie
Abitdodgie's picture

Last I knew was that the Govenment was stopping free energy because they would loose control, but yes we do need to stop killing the planet , thast why I am for Agenda 21 and affordable living and I will move into one of these new appartments right after TPTB have moved in and not untill.

Thu, 11/01/2012 - 16:46 | 2938836 Overfed
Overfed's picture

Gawd MDB, that's some funny shit!

Thu, 11/01/2012 - 17:17 | 2938932 bunnyswanson
bunnyswanson's picture

Are you actually suggesting that mankind shelf exploration for alternative sources of fuel?  Wind, sun, water, magnetic?  Just shut the door and continue as we are?  Is that what you are suggesting you stupid son-of-a-bitch? 

Thu, 11/01/2012 - 23:33 | 2939980 Husk-Erzulie
Husk-Erzulie's picture

Woot! Mad Dog Bupkiss on fi-yah... yes.

Thu, 11/01/2012 - 15:10 | 2938450 ebworthen
ebworthen's picture

If I could manipulate my input and output data points, as well as cherry pick my statistical methodology while ignoring the past I too could prove that what I do or don't do determines the future.

Thu, 11/01/2012 - 16:08 | 2938716 malikai
malikai's picture

What you're talking about is a very common practice. It's called 'fitting the data to the model'. Normally, you should 'fit the model to the data' if you want usable results. However, when you want to prove a theory, you often try to fit the data to the model. This is where the peer review proccess comes in. Unfortunately, in climate "science", the peer review process which should be a control has been usurped.

There is another field where fitting the data to the model is widely used - finance. It is often used in pricing exotics and complex 'hedges' employed by big banks selling dogshit to suckers or trying to prove that the dogshit they hold has value. It works great when you have no standards, are not properly audited, and have an infinite taxpayer backstop.

Thu, 11/01/2012 - 15:10 | 2938459 Coldsun
Coldsun's picture

You do realize that the most abundant green house gas is Water Vapor (H2O), not CO2, correct?

Aw shit, I just fed the troll. Now only if there was a way of poisoning comments like one can poison food...

Thu, 11/01/2012 - 15:38 | 2938585 alex_g
alex_g's picture

Umm, you realize that MDB 100% <sarc>, right??  Not even Al Gore could be that much of a tool...

Thu, 11/01/2012 - 17:42 | 2939006 Anglo Hondo
Anglo Hondo's picture

Life (and this blog) would be much poorer without MDB.

He is a classic, and gives me a smile (almost) every time.

Long Live MDB.

 

Thu, 11/01/2012 - 15:43 | 2938603 Matt
Matt's picture

Doesn't water vapor reflect sunlight? So while it traps heat from Earth going up, it prevents new heat from arriving from the sun?

Also, are you suggesting that water vapor levels have been steadily rising?

Thu, 11/01/2012 - 23:55 | 2940031 Ident 7777 economy
Ident 7777 economy's picture

Matt: " Doesn't water vapor reflect sunlight? "



Not much ... the effect however in the LWIR spectrum region can be noticed as hot, humid nights do not radiatively cool off like a DRY (lower humidity) night ...

Remember, WV is a GAS (in a gasous state vs liquid)

Fri, 11/02/2012 - 13:26 | 2941775 Matt
Matt's picture

Clouds during the day reflect sunlight, don't they?

They certainly do help retain heat at night, which is really appreciated in winter, keeps it above freezing here.

Thu, 11/01/2012 - 15:10 | 2938460 semperfi
semperfi's picture

Wrong!  It was all Bush's fault.

Thu, 11/01/2012 - 15:11 | 2938462 BLOTTO
BLOTTO's picture

As far as im concerned MDB - you are a traitor to the good people of the world.

.

A traitor is worse then being an enemy...

 

 

 

Thu, 11/01/2012 - 19:55 | 2939373 Mr Pink
Mr Pink's picture

I think he is probably a blast at parties

Thu, 11/01/2012 - 19:58 | 2939378 Mr Pink
Mr Pink's picture

Unless, of course, your guests dont appreciate good sarcasm

Thu, 11/01/2012 - 15:13 | 2938476 RiotActing
RiotActing's picture

Nah.... Alumninum and Barium....

Thu, 11/01/2012 - 15:17 | 2938484 Yen Cross
Yen Cross's picture

   That's a pretty deep blow hole you got MDB. I dropped a piece of shit down it, and still no faint thud?

Thu, 11/01/2012 - 15:24 | 2938507 hedgelessWhoresMan
hedgelessWhoresMan's picture

Hey Million Dollar Hardon what cause the last Ice Age 12,000 years ago?

And what caused end. Cow Farts?

Thu, 11/01/2012 - 15:30 | 2938537 francis_sawyer
francis_sawyer's picture

It was too many Clovis Indians running around in Cadillac Escalades (even though they were warned by DC Fusor)...

Thu, 11/01/2012 - 15:32 | 2938546 Gully Foyle
Gully Foyle's picture

francis_sawyer

Damned casinos!

Thu, 11/01/2012 - 15:39 | 2938584 ThirdWorldDude
ThirdWorldDude's picture

Scientists have recently confirmed it was all those stupid mammoths' unhealthy diet's fault! Their refusal to eat GMO grass had catastrophic consequences.

 

 

(Is a /sarc tag necessary?)

Thu, 11/01/2012 - 16:50 | 2938845 Abitdodgie
Abitdodgie's picture

Some people don't get sarc so tag it , we have to look after the dumb people the Government said so .

Thu, 11/01/2012 - 17:37 | 2938994 ThirdWorldDude
ThirdWorldDude's picture

Fuck Government and those who unquestionably believe in it!

Thu, 11/01/2012 - 15:32 | 2938547 Totin
Totin's picture

What are the odds of one person be on the wrong side of EVERY issue?

Thu, 11/01/2012 - 15:36 | 2938576 francis_sawyer
francis_sawyer's picture

Pretty good if you attended Harvard or Princeton...

Thu, 11/01/2012 - 18:10 | 2939083 R_J
R_J's picture

Absolutely STUNNING if posters a.k.a. is: MillionDollarBonus_

 

Nah...me just kidding... BIG.

Shes the iEMO - iMTv Generation iBOT.

Just a coded algo to wind us all up and distract.

NO one can be that daft...No One!... well maybe bNanke oh and Krugman...Oh NOOOO..., there´s  to many to mention on this short time that we have left...

 

Thu, 11/01/2012 - 19:02 | 2939248 CaptainObvious
CaptainObvious's picture

125%, if your surname is Krugman or Bernanke.

Thu, 11/01/2012 - 15:38 | 2938583 Ignorance is bliss
Ignorance is bliss's picture

I'd like to nominate MillionDollarBonus_ to be the first human to pay to breathe. When your poor your gone.

Thu, 11/01/2012 - 17:19 | 2938941 Zero Govt
Zero Govt's picture

we should tax lying

it's the next fastest way to bring Govt to its knees..

...2nd to everyone Not Paying Tax, let the parasites suck on air

Thu, 11/01/2012 - 15:41 | 2938596 Oldballplayer
Oldballplayer's picture

At least one more.  Me?  You?  I vote you.

Thu, 11/01/2012 - 15:48 | 2938626 fingulas
fingulas's picture

It's amazing how such an obvious troll can get 50+ responses...bravo sir, bravo.

Thu, 11/01/2012 - 15:48 | 2938628 FinalCollapse
FinalCollapse's picture

MDB - Stop farting.

Thu, 11/01/2012 - 15:56 | 2938669 Jack Sheet
Jack Sheet's picture

Jesus Christ what a bore

Thu, 11/01/2012 - 16:39 | 2938813 Praetorian Guard
Praetorian Guard's picture

Hey dumb ass, at a minimum it was the Sun!! At a max it was man made via HAARP, either way it was not based on a mass humanity causation, ie CO2. Either way, Sandy WOULD have occurred...

Thu, 11/01/2012 - 16:53 | 2938853 Abitdodgie
Abitdodgie's picture

Just wait untill next year ( the atlantic belt has stoped) they will say again where did that come from.

 

Thu, 11/01/2012 - 16:50 | 2938844 FrankDrakman
FrankDrakman's picture

The inability of so many people to detect satire is proof positive of the declining average IQ at ZH.

Thu, 11/01/2012 - 20:03 | 2939389 Mr Pink
Mr Pink's picture

So....are you trying to say MDB is just trying to be funny? All this time I thought he was just a stupid troll!

Thu, 11/01/2012 - 16:56 | 2938869 superbroker1
superbroker1's picture

HAARP BITCHEZZ!

Thu, 11/01/2012 - 16:57 | 2938870 eatthebanksters
eatthebanksters's picture

Are you sure it was only 10^99999999999999999999 Monte Carlo solutions?  I thought they had it to the point where the probability was a certainty!  You know Al Gore is always right! Right?

Thu, 11/01/2012 - 18:18 | 2939106 laozi
laozi's picture

So the only way to make one theory more likely than another is to simulate every molecule on the planet?

When it comes to carbon emission, it can be much simpler than that. Just use your high school chemistry knowledge, and try to answer this question: What will happen if you add an unlimited amount of CO2 to the atmosphere? Will everything just stay the same?

Thu, 11/01/2012 - 17:10 | 2938910 Omen IV
Omen IV's picture

when the epi center of the system is is devastated = east hampton - things will change

Thu, 11/01/2012 - 17:12 | 2938914 ImfallibleK
ImfallibleK's picture

First thing I do when I open a new post is check for the Million Dollar Bonus post so I can upvote it. 

Then I read the article.  

Thu, 11/01/2012 - 17:28 | 2938963 boogerbently
boogerbently's picture

BreakingNews,

 

.....OH, you were serious!

You sounded like one of those spoofs of the alarmists.

Thu, 11/01/2012 - 17:32 | 2938977 TuesdayBen
TuesdayBen's picture

I support an International Bounty on MillionDollarBonu$$.

Just kiddin' Boner, I think you're great.

Thu, 11/01/2012 - 18:20 | 2939114 reTARD
reTARD's picture

And that's why we need chemtrails to fight climate change. We have to spray the atmosphere with aluminum particles to reflect the sunlight that is warming our earth. The dramatic increases in the rates of Alzheimer's recently is just a small price that we must pay in order to save our earth. Don't just take it from me. Do your research as science backs this. Search Fora.tv.

Thu, 11/01/2012 - 20:17 | 2939426 Bansters-in-my-...
Bansters-in-my- feces's picture

Hey MDB...would these be the same "scientist" that say SAG (Stratospheric Aerosol Geoengineering) AKA ,Chemtrails does not take place,and HAARP has nothing to do with nothing....????

Fucking dolt.

Thu, 11/01/2012 - 20:49 | 2939495 masterinchancery
masterinchancery's picture

How many hundreds of millions of people have to die before left wingers understand that socialism and central planning never work, except for the dictators?

Thu, 11/01/2012 - 22:16 | 2939755 MilleniumJane
MilleniumJane's picture

You're funny dude!  I always uptick you!

Fri, 11/02/2012 - 01:20 | 2940116 surfersd
surfersd's picture

trite and no respectful. MDB over the line. putz!

Fri, 11/02/2012 - 02:25 | 2940196 cranky-old-geezer
cranky-old-geezer's picture

 

 

Again, this begs the question: How many people need to die before right-wingers support an international tax on carbon emissions?

Even if there is some truth to AGW, how would a tax on CO2 emmissions reduce CO2 emissions?

And what would be done with revenue from said tax?  How much of it would go toward technologies that reduce CO2 emissions?

The answer of course is zero.  None of said revenue would be applied to reducing CO2 emissions.  It would be used like all other taxes to simply give government more money to spend.

AGW isn't about climate.   It's about money.  Just another way to tax people.  And create another trading market for Wall Street, trading "carbon credits".

Some here believe MDB is tongue-in-cheek humor.  But carbon taxes aren't funny to people having to pay them ...not to mention all the oppressive regulations that go along with it.

We laugh it off here.  We know AGW is nonsense.  It's not science.  It's an agenda for more control over people and more taxes, promoted with pseudo-science.

AGW is "proven" by computer simulations.  But computer simulations aren't science. 

Computer simulations showed the subprime bubble wouldn't burst in '07.  Computer simulations showed the financial system wouldn't crash in '08.

Computer simulations can show any fantasy happening. Computer simulations can show pigs flying.  

And even if there was some small amount of truth to AGW, taxes and "carbon credits" won't fix it. 

Some believe AGW is the pathway to global government, NWO, whatever.   MDB says "international carbon tax".

Why international?  

The power to tax is the power to control (and loot, plunder, pillage, and destroy). 

An international carbon tax gives the taxing authority international control over people.   

Sounds like global government to me.

Fri, 11/02/2012 - 13:43 | 2941863 Clashfan
Clashfan's picture

As the colorful (yet misguided) cartoon I post above illustrates.

Fri, 11/02/2012 - 10:57 | 2941164 TSA gropee
TSA gropee's picture

69 pluses and counting. The fact that so many gave this idiotic statement a plus is telling. CO2 is naturally occuring. What's the next culprit, O2? /sarc

Fri, 11/02/2012 - 13:44 | 2941867 Clashfan
Clashfan's picture

People are upping him b/c he is being sarcastic (we assume).

Sat, 11/03/2012 - 15:51 | 2944710 HighlanderJuan
HighlanderJuan's picture

Million dollar - I'm certain you are bright enough to realize this is not a political issue, nor is it a CO2 issue.  Satellitte imagery shows clear chemtrail and chemdump deposits on the storm, along with HAARP disturbances to provide evidence this storm was agrivated and intensified by man's efforts, not by your really naive (or malicious) assertion that the storm was caused by CO2.

If this man-caused evidence is valid, it shows clear criminal activity by unidentified persons inside government at this time.  The reason for the storm changing directions and not dying out as expected may have been motivated by the pending elections.  That is to be determined later.  As I'm certain you also know, man has been able to control the weather at some levels since the 1950s.  The use of chemtrails and HAARP are just the latest tools.

For you to encourage the new world order tax on carbon emissions tells me you are part of the problem we face as a country.  That tax is political, and that tax is unconstitutional.  But you know that already, don't you.

Thu, 11/01/2012 - 15:05 | 2938421 vast-dom
vast-dom's picture

we are to the gods as flies to wanton boys...the Keynesian wet dream must be cleaned up.

Thu, 11/01/2012 - 15:15 | 2938480 somecallmetimmah
somecallmetimmah's picture

53% less crap-hole!

Thu, 11/01/2012 - 15:19 | 2938493 TeamDepends
TeamDepends's picture

Is Snooki OK?

Thu, 11/01/2012 - 15:27 | 2938525 kaiserhoff
kaiserhoff's picture

OK?  Hasn't she been damaged goods for a very long time?

Thu, 11/01/2012 - 15:44 | 2938607 Oldballplayer
Oldballplayer's picture

Hey...she is someone's mother now!  Take it easy.

 

My God....she reproduced.  What the hell is this world coming to?

Thu, 11/01/2012 - 15:23 | 2938504 BeaverFever
BeaverFever's picture

These are just iPhone 5 maps gone awry. Nothing to see here.

Thu, 11/01/2012 - 15:24 | 2938506 slaughterer
slaughterer's picture

Sorry Apple, I have to repair my beach home, I do not have any money for the new iMac.  

Thu, 11/01/2012 - 15:29 | 2938533 Gully Foyle
Gully Foyle's picture

After has a much nicer sea view if you are a couple of rows in.

 

Thu, 11/01/2012 - 19:05 | 2939257 CaptainObvious
CaptainObvious's picture

Oh, sure, sure.  Great sea view, if you can ignore the six blocks of utter devastation that precedes the sea view.

Thu, 11/01/2012 - 15:41 | 2938594 mac768
mac768's picture

.. and the mongo algos say "ALL IS CLEAR"

let's go ahead

Thu, 11/01/2012 - 15:50 | 2938629 jal
jal's picture

It will look cleaner after they remove the summer cotages of the rif-raf from the sand bars.

Only multi million dollar cottages allowed in the flood zones.

Thu, 11/01/2012 - 20:30 | 2939457 Buck Johnson
Buck Johnson's picture

It's just getting worse and worse, soon to have rioting.

Thu, 11/01/2012 - 15:01 | 2938398 buzzsaw99
buzzsaw99's picture

BULLISH!!

Thu, 11/01/2012 - 15:02 | 2938401 dracos_ghost
dracos_ghost's picture

Some serious Mother Nature PMS.

Thu, 11/01/2012 - 15:54 | 2938655 Jonas Parker
Jonas Parker's picture

I've been listening to the Maritime Mobile Service Net 14.300.00 USB this afternoon. Lots of hams from Long Island and New Jersey checking in, running on emergency power, describing the devastation. This got me to wondering.

Whenever there is a natural disaster anywhere in the world, we're the first to contribute food, emergency supplies, money, medicine, etc., regardless of politics.

Where are all those countries that we helped now, when we have a natural disaster? Maybe a bag of rice or a case of beans for the folks in Long Island or New Jersey would be a nice gesture.

Thu, 11/01/2012 - 16:54 | 2938858 FrankDrakman
FrankDrakman's picture

No good deed goes unpunished.

http://www.youtube.com/watch?v=Mwv-dndrMDE

Thu, 11/01/2012 - 17:15 | 2938927 WTFx10
WTFx10's picture

Oh Israel is sending over some Palestinians to help out . Seems they have a surplus they want to get rid of and killing them is a lot of work. Been at it for 64 yrs and there are still a lot left.

Thu, 11/01/2012 - 19:44 | 2939354 blunderdog
blunderdog's picture

     Whenever there is a natural disaster anywhere in the world, we're the first to contribute food, emergency supplies, money, medicine, etc., regardless of politics.

Not really, but the MSM sure makes it sound that way.

Thu, 11/01/2012 - 15:03 | 2938410 Ljoot
Ljoot's picture

Sandy makes landfill in NJ. Film at eleven.

 

Thu, 11/01/2012 - 15:03 | 2938412 Schmuck Raker
Schmuck Raker's picture

Looks like most of the hypodermic needles are gone from the beaches.

Thu, 11/01/2012 - 15:08 | 2938443 Lost Wages
Lost Wages's picture

Yeah, but they washed up into the mainland.

Thu, 11/01/2012 - 15:10 | 2938453 francis_sawyer
francis_sawyer's picture

Looks like Bin Laden's body washed up right next door to Snookies house...

Thu, 11/01/2012 - 15:14 | 2938478 Coldsun
Coldsun's picture

Nice! He gets tortured afterall. Finally, something good from this devolving society.

Thu, 11/01/2012 - 15:31 | 2938541 Gully Foyle
Gully Foyle's picture

Lost Wages

Reminded me of Bubbles advice to the undercover cop, how he didn't have enough broken crack vials in his shoe tread.

Thu, 11/01/2012 - 15:03 | 2938414 PUD
PUD's picture

I can't find one ounce of sorrow for anyone who built their shitbox on the beach and even less for those who will rebuild in the same exact spot.

Thu, 11/01/2012 - 15:07 | 2938432 AL_SWEARENGEN
AL_SWEARENGEN's picture

Cocksuckerz like FEMA make sure idiot decisions are repeated & repeated & repeated.

Thu, 11/01/2012 - 15:12 | 2938456 Broccoli
Broccoli's picture

How quaint and naive. Maybe you can find an ounce of sorrow for yourself, assuming you are a taxpayer, because you are providing subsidies for people to live in flood prone areas.

This policy is a favorite of both parties I might add.

Thu, 11/01/2012 - 15:28 | 2938531 Pinktip
Pinktip's picture

Took a course in college on buying  Ag land.

Prof was a land realtor.  Lesson #1 he drummed into his class:

"Never, ever  buy land on a flood plain to build a house.  If it flooded 100 yrs ago, it will flood again"

 

Thu, 11/01/2012 - 15:46 | 2938612 Oldballplayer
Oldballplayer's picture

It used to be that banks would not give you a mortgage if you were in a flood plain, unless you prepaid a shitload of insurance.

Those days are long, long gone.

Thu, 11/01/2012 - 15:50 | 2938637 Matt
Matt's picture

Step 1: dig a large pond

Step 2: build a raised area with the soil

Step 3: compact it

Step 4: build your house on the newly raised area, well above the highest recorded flood height

Step 5: don't forget to use vegatation as erosion prevention around your raised area

Farmers farm in flood plains because the floods bring in nutrients; crops grow much better in flood plains. 

Thu, 11/01/2012 - 15:06 | 2938424 SilverMoneyBags
SilverMoneyBags's picture

Atlantic City looks better now that the water washed out all of the dirt and trash.

Thu, 11/01/2012 - 15:20 | 2938430 Yen Cross
Yen Cross's picture

Krugman will probably put all these pics together in a blown-up "photo collage", and tape it the ceiling above his bed...

Thu, 11/01/2012 - 15:28 | 2938529 francis_sawyer
francis_sawyer's picture

Krugman jacks off to "War of the Worlds" & "Independence Day" reruns when they come on TV...

Thu, 11/01/2012 - 15:07 | 2938433 Lost Wages
Lost Wages's picture

LOLmantaloking

Thu, 11/01/2012 - 15:11 | 2938466 kurt
kurt's picture

shitball

Thu, 11/01/2012 - 15:07 | 2938435 malikai
malikai's picture

See what happened to Jersey Shore?

This is what happens when you put Snooki on TV.

Next time, God won't be so nice.

Thu, 11/01/2012 - 15:08 | 2938445 francis_sawyer
francis_sawyer's picture

Show us some 'Hampton's' devastation & brighten our day...

Thu, 11/01/2012 - 20:13 | 2939415 Whoa Dammit
Whoa Dammit's picture

http://southampton.patch.com/articles/aerial-photos-sandy-wreaks-havoc-on-hamptons-shoreline#photo-11982895

"In Wainscott, at least one shoreside home — believed to be that of Ron Lauder's daughter — was completely demolished." (Estee Lauder cosmetics heir)

Thu, 11/01/2012 - 15:08 | 2938446 tooriskytoinvest
Thu, 11/01/2012 - 15:10 | 2938449 Cognitive Dissonance
Cognitive Dissonance's picture

You don't own beach front property; you rent it from Mother Nature for an indefinite period of time.

Thu, 11/01/2012 - 19:09 | 2939267 CaptainObvious
CaptainObvious's picture

"You don't own any property; you rent it from the government until you don't pay your property taxes."

Fixed it for ya.

Thu, 11/01/2012 - 15:10 | 2938451 zebra
zebra's picture

Sandy, the mother of all job creators.

Thu, 11/01/2012 - 15:14 | 2938477 williambanzai7
williambanzai7's picture

BROKEN HEAD FANTASY

Thu, 11/01/2012 - 15:19 | 2938494 Lohn Jocke
Lohn Jocke's picture

Eh..ehehehe...Beavis? ...This blows... heheh...hehehe...blows...

Thu, 11/01/2012 - 15:23 | 2938503 francis_sawyer
francis_sawyer's picture

Heh Heh... He said "Head"...

Thu, 11/01/2012 - 15:20 | 2938497 ebworthen
ebworthen's picture

The litmus test will be insurance premiums:

Premiums up = Krugman is a potato

Premiums down = Nobel prize

Thu, 11/01/2012 - 15:25 | 2938515 Cognitive Dissonance
Cognitive Dissonance's picture

While Sandy will most likely be used as the industry wide excuse to raise premiums yet again, in reality over longer periods of time it is interest rates that most effect premiums.

Overall there is an inverse correlation between rates and premiums, meaning when they are low, rates go higher at a faster rate and vice versa. If the insurance companies can't make as much on their invested "reserves" they charge more for the pleasure of pooling your premiums with your neighbors.

Thu, 11/01/2012 - 15:35 | 2938565 kaiserhoff
kaiserhoff's picture

Good point, CD.  One more of the seven ways from Sunday, we are getting screwed.

Thu, 11/01/2012 - 15:47 | 2938617 catacl1sm
catacl1sm's picture

You're exactly right. Insurance companies make money on the float.

Thu, 11/01/2012 - 15:21 | 2938500 Cognitive Dissonance
Cognitive Dissonance's picture

Lady Liberty is definitely getting blown around, but not from Sandy as much as from those blowhard cockroaches in DC and on Wall Street.

Thu, 11/01/2012 - 18:45 | 2939198 helping_friendl...
helping_friendly_book's picture

A wonder the scrappers haven't carried lady liberty away to sell at the scrape yard.

Thu, 11/01/2012 - 18:44 | 2939193 helping_friendl...
helping_friendly_book's picture

Brilliant!

Watching the news and the Military is flying boom power pole trucks from CALIFORNIA!

Loaded on huge transport planes.

All they gave New Orleans after Katrina was Blackwater.

Thu, 11/01/2012 - 15:15 | 2938483 ebworthen
ebworthen's picture

Oceanfront property in Arizona doesn't have this problem:

http://www.youtube.com/watch?v=NwVHOl4-Ndw

Thu, 11/01/2012 - 15:17 | 2938488 LongSoupLine
LongSoupLine's picture

Well...it's a start.

Thu, 11/01/2012 - 15:18 | 2938492 pdizzle
pdizzle's picture

Just talked to a buddy of mine who has an office and storage space in newark, NJ.  They are about 3,000 yards from the water and they got 2 ft. of water.  Lot's of equipment got destroyed.  Today was their first day back.  He said it's bad there, traffic is horrible, 3 hr wait for gas.  People fighting. 40 ft. shipping containers all over the place because they floated away.  Kind of like a preview to the economic collapse!

Thu, 11/01/2012 - 15:24 | 2938508 francis_sawyer
francis_sawyer's picture

Be nice to stockpile a couple of those containers for when TSHTF...

Thu, 11/01/2012 - 15:48 | 2938621 Oldballplayer
Oldballplayer's picture

I wonder if one ends up in your yard--does it and its contents belong to you?  Would be a cool way to get an iranian nuke.

Thu, 11/01/2012 - 16:52 | 2938851 aerojet
aerojet's picture

What am I going to do with 50,000 back issues of Vibe?

Thu, 11/01/2012 - 15:19 | 2938496 Zer0head
Zer0head's picture

If you live on or near the beach you know the risks or you are a fool.

 Moreover if your beach house is frame construction on a slab WTF do you expect.  

New construction featruing pilings and proper elevations would ve standing even after a Cat 5.

 

1962 Nor'Easter Photo Gallery

http://www.capemay.com/Editorial/september08/noreaster1962.html

Thu, 11/01/2012 - 15:24 | 2938510 Broccoli
Broccoli's picture

They aren't fools, they are incentivized. They get taxpayer subsidized flood insurance for $200/yr plus a FEMA check in the event of a disaster.

Proper constructin techniques are way more expensive than that.

Thu, 11/01/2012 - 15:34 | 2938557 Zer0head
Zer0head's picture

speaking of FEMA, everyone's favorite fromer SEC boss who has been trapped in the revolving doors at Goldman / Carlyle and Bloomberg had his lovely sea side home in Westport Conn on Long Island Sound devasted by the surge. Seawall - gone |  House in shambles | little dogs - safely evacuated

 

http://maps.google.com/maps?q=Arts+Place+Before+Sandy&06880+&hl=en&ll=41...

 

 

Thu, 11/01/2012 - 15:37 | 2938580 disabledvet
disabledvet's picture

Well according to Senators' "Lower Manhattan" the entire rebuild "will be paid by FEMA." So rather than just trailers this time we will get a 50 billion dollar transit authority with that! I mean c'mon, everyone knows these borrowing authorities are just slush funds for real estate speculations. Once the authority goes kaput "because the trains don't run period" then how do I monetize said asset? (and no eliminating all MTA employees and no longer cutting the retirees there checks and denying them health benefits doesn't work either Mr Mayor.) anywho that's one hell of a trillion dollar asset that has to be ignored "for the forseeable future."

Thu, 11/01/2012 - 15:25 | 2938517 Piranhanoia
Piranhanoia's picture

Mississippi river overflows and spreads toxic waste into the farms all around and water table for a far wider area.  Happens every so many years.

The land is industrial waste sludge.  The folks eat it, drink it and consider it prime real estate.  Don't mind the glow at night.

Thu, 11/01/2012 - 15:26 | 2938519 JMT
JMT's picture

The restoration will really boost the economy in the first half of 2013. I predict that by hook or crook insurance companies are going to have to pay out to make everyone whole -- that means alot of people will be buying new cars, furniture and building materials.  

also, consumer confidence is at a 4 year high. before the storm & now the malls & stores have been packed. 

Thu, 11/01/2012 - 15:36 | 2938578 Zer0head
Zer0head's picture

I think you are correct if O wins - maybe one of those BP Gulf Spill fireside chats where they cough up $20b - I hear Ken Feinberg has been dispatched to set up a check cashing shop on the Jersey Shore

Thu, 11/01/2012 - 15:50 | 2938640 catacl1sm
catacl1sm's picture

It's a shell game. Money is moved from one part of the economy to other. Works out well for furniture stores, home depot, and builders, but others suffer where that money would have been spent.

Thu, 11/01/2012 - 16:57 | 2938871 Shell Game
Shell Game's picture

yes?

Thu, 11/01/2012 - 15:31 | 2938536 Mad Mohel
Mad Mohel's picture

Relax folks, it's ok, the Jersey Shore house survived intact!

http://www.newsday.com/entertainment/celebrities/jersey-shore-house-safe-after-sandy-shore-store-hit-hard-1.4174997  

Must have been the buoyancy of all them tittays.

Thu, 11/01/2012 - 19:13 | 2939276 CaptainObvious
CaptainObvious's picture

I think it's more to do with the fact that silicone repels water.

Thu, 11/01/2012 - 15:34 | 2938556 catacl1sm
catacl1sm's picture

I guess building homes on a spit of sand wasn't a good idea after all.

Thu, 11/01/2012 - 15:34 | 2938558 divedivedive
divedivedive's picture

Does Flood Insurance cover water damage caused by a Wind Storm event ?

Thu, 11/01/2012 - 15:34 | 2938559 americanspirit
americanspirit's picture

Well, a house at the beach with an ocean view sure seemed like a good idea at the time

Thu, 11/01/2012 - 15:34 | 2938560 unununium
unununium's picture

$100B is nothing.  In the most recent report, the Fed quietly reveals that it is buying TWICE as much in MBS as it had announced.

Sep 14 - Oct 11, 2012 "The Desk plans to purchase approximately $37 billion in its reinvestment purchase operations over the noted monthly period."

http://www.newyorkfed.org/markets/ambs/ambs_schedule.html

Actual total face value purchased, after removing the Roll transactions, per Results excel file = $74.4 billion.

 

Thu, 11/01/2012 - 15:35 | 2938561 stateside
stateside's picture

Shouldn't Hoffa's body shown up somewhere by now?  It couldn't have been buried that deep.  Drudge had an article that a corpse appeared when the roots of a big tree had been pulled out of the ground.  Is that you Jimmy?

stateside

Thu, 11/01/2012 - 15:35 | 2938567 CrabGrassKila
CrabGrassKila's picture

Generators and Chainsaws Baby and four, 5 gallon cans of the good 'ol Petrol......

Some learn from watching TV, ie: coverage of past hurricanes on CIVILIZATION

Others do not learn......

Thu, 11/01/2012 - 15:38 | 2938577 brian0918
brian0918's picture

While it's true we should not succumb to the broken window fallacy, what about the subsidized window fallacy? How many of these sea-level, ocean-view homes would exist if not for the Fed-stimulated housing boom, and the federal and state govt underwriting of home insurance in flood-prone areas where market insurance rates had been "unfairly high"?

Destruction is never good, but much of this development came at the destruction of capital.

Thu, 11/01/2012 - 19:52 | 2939363 blunderdog
blunderdog's picture

     How many of these sea-level, ocean-view homes would exist if not for the Fed-stimulated housing boom, and the federal and state govt underwriting of home insurance in flood-prone areas where market insurance rates had been "unfairly high"?

You should be smart enough to realize you've answered your own question.  The houses were there well before the Feds started subsidizing the insurance.

It'd be funny if you weren't serious.  Instead it's just sad.

Thu, 11/01/2012 - 21:06 | 2939553 brian0918
brian0918's picture

"The houses were there well before the Feds started subsidizing the insurance"

 

Really? The National Flood Insurance Program was instituted in 1968. How many of those beach-front homes are older than that?

 

And when do you intend to respond to the Fed-stimulation part of my post. That has certainly been going on much longer than those houses existed.

Thu, 11/01/2012 - 22:33 | 2939813 blunderdog
blunderdog's picture

I must've misunderstood you.  I thought you were using the worst flood of the past hundred years as a basis for complaint about the Federal government, ignoring the fact that people have been settling in floodzones throughout human history.

Perhaps you're rational and sane.  Please do elaborate.  Are you suggesting that if there hadn't been a housing boom caused by reckless money expansion by the Fed in the '90s,  there WOULDN'T be millions of people dealing with the catastrophic fallout from Sandy?

I wonder how long people have been living on Manhattan, the Jersey Shore, and Long Island...if only there were a way to find out this sort of information...

Thu, 11/01/2012 - 23:12 | 2939925 brian0918
brian0918's picture

You continue to dodge my responses. Rather than acknowledge you were wrong in your prior post, you fall back to trying to attack a strawman. I have no way of knowing what New York and New Jersey would look like if not for the countless government interventions and manipulations of central planners over the last century.

But I can point to those specific examples that I cited in my original post, as clear evidence that the devastation is worse than it would have been, because people were incentivized to build in dangerous areas. Likewise for New Orleans and Hurricane Katrina. Feel free to connect the dots, or continue to pretend that I am arguing something that I am not.

Fri, 11/02/2012 - 09:10 | 2940713 blunderdog
blunderdog's picture

You haven't cited specific examples of anything.  You've used your *ignorance* of specifics as a means of pretending to say something.

Thu, 11/01/2012 - 15:45 | 2938609 jbvtme
jbvtme's picture

sandy was government issued

Thu, 11/01/2012 - 15:50 | 2938641 Benjamin Glutton
Benjamin Glutton's picture

I saw a truly heartbreaking interview with a woman who through teary eyes recalled that she had not been to her home on this sandbar in several months.

 

Why are we building million dollar shacks on sandbars?

 

hilarious.

Thu, 11/01/2012 - 15:53 | 2938653 Spastica Rex
Spastica Rex's picture

I challenge MDB to stay in character and say something that won't bore me.

Thu, 11/01/2012 - 16:00 | 2938677 “Rebellion to t...
“Rebellion to tyranny is obedience to God.”-ThomasJefferson's picture

Attn Geniuses:

Question: Put a shit load of people and build a shit load of houses right on/near the beach, at the open ocean, and guess what?????

Answer: Every once in a while a big bad storm comes and wipes out the houses and toys that were built in its natural path.

If you're unwilling to roll the dice, move a bit further from the shore line. Otherwise, deal with it.

Thu, 11/01/2012 - 16:04 | 2938701 Spastica Rex
Spastica Rex's picture

But how can anyone be expected to make smart, tough decisions without regulations in place and regulators on the job to ensure that they're followed? Surely the more regulations and the more regulators the better.

I used to work in public education. I learned what I know there.

Thu, 11/01/2012 - 16:31 | 2938787 jbvtme
jbvtme's picture

where did you find bob?

Thu, 11/01/2012 - 16:51 | 2938847 blu
blu's picture

These developments are all approved by local government, on property zoned for residential construction. People move in thinking it must be fine.

The government goons turning the gears of industry make a nice salary and get a little something on the side from their buddies in the housing industry, the developers sell cheap land at a substantial markup, and the crooks evaporate into the night before anything bad happens.

Do NOT follow this link or you will be banned from the site!