Today in CO-IN
Today marks the beginning of an irregular feature called Today in CO-IN. Each feature we'll examine an event or trend in the Mideast and how Counter-Insurgency theory can help us understand what's going on, and what happens next.
Wednesday, January 9, 2008
$3 QUADRILLION? Are you sure?
Katrina victims have filed suit against the federal government for failed levees and flood walls during the 05 hurricane. Among the claims: one for $3 Quadrillion. Thats $3,000,000,000,000,000. By comparison the entire US GDP is a measly $13.13 Trillion. In fact this single claim is worth more than all other claims COMBINED! However, it may not be as illogical as it appears, "...[I]t's a negotiating tactic: Aim high and negotiate down." comments Loren Scott, an economist from Baton Rouge. Oh, its only a negotiating tactic, thank God.