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.
Showing posts with label golden fleece. Show all posts
Showing posts with label golden fleece. Show all posts

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.
 
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