We need a quick reduction in military spending now!! $5 billion in total for the spring of 2011!
http://money.cnn.com/2011/05/24/news/economy/tornado_joplin/index.htm?hpt=T2NEW YORK (CNNMoney) -- The tornado that devastated Joplin, Mo., killing at least 117 people, may have caused up to $3 billion in insured losses, according to an estimate from a catastrophe risk modeling firm released Tuesday.
Eqecat Inc. estimated that the tornado that flattened the city of about 50,000 people on Sunday caused from $1 billion to $3 billion worth of damage to insured buildings - including homes, businesses and factories - and automobiles, according to Jose Miranda, director of client advocacy
The Joplin tornado is the single deadliest tornado in U.S. history, in what has been a particularly catastrophic year. So far this year, tornadoes have killed 482 people in the United States.
This year was relatively calm, as far as natural disasters are concerned, until April, when a series of three severe storms ripped through the Southern states, causing up to $5 billion worth of damage. The most serious storm featured 178 tornadoes and killed at least 300 people, many of them in Alabama.