Emergency exit

CE 335 Engineering Mechanics of Soils Section 001 Stalin Galarza The geographic location of New Orleans and the hydrology profiles nearby have risen the flooding tendency of the area; the city was built on low-lying marshland along the Mississippi River. On October 1965 after Hurricane Betsy hit New Orleans and Louisiana, the congress approved the USCE flood protection plan, it was called “the barrier plan” it mainly consisted of a number of barrier complexes. Nevertheless,…

Their effective response showed that they had learned a lesson from previous crisis like Katrina. They had practiced and worked together as emergency agencies for crisis like that. There was coordination of agencies at every level of government (federal-state-local-private-public-nonprofit-civilian) that is why their response rate was a success. To show how organized they were, they quickly turned…

Puerto Rico is an island part of US territory which was recently stricken with a massive hurricane that washed over it completely, leaving Puerto Rico in ruins and having to work from the ground up. Puerto Rico’s road to recovery is very different than any other hurricane stricken area because they were already in massive debt, they weren’t prepared, and other disasters happening around elsewhere were taking up all of the resources. The conditions of hurricane Maria were very prime for a strong…

The Federal government says it has plans if there is ever a disaster in the country, When Hurricane Katrina struck New Orleans it was a massive disaster that caused $180 million dollars in damages, displaced 777,000 residents, and killed 1,836 people. The federal government failed to help New Orleans when the hurricane struck, until days later when The President sent 7,200 active duty troops to help. According to the Constitution the government’s job is "To lay and Collect taxes, duties,…

of President Ronald Reagan, and focused on the need for a federal response to disasters. Although FEMA was in place, it wasn’t very favorably looked upon. In 1992, the United States was hit by three different hurricanes that left a devastating effect on the entire country. FEMA was forced into action, and it was shown how unprepared the agency was, and this was recognized by not only the majority of Americans, but was picked up by the news media, and FEMA became a joke across the government.…

The subprime mortgage crisis was the closest the United States had come to economic instability. The subprime mortgage crisis was a four-year long period in which the home prices and ownership plummeted. The crisis started out in the 1990s, when the United States government wanted to help increase homeownership by the deregulation of policies. To tackle the issue of “affordable housing” the Department of Housing and Urban Development helped ease regulation to private companies and banks when…

Introduction When banks and large corporations have huge pending bills that they are unable to settle, they can turn to the government for a financial bailout. According to Casey and Posner (2015), a bailout is a transfer of resources, including money from the government to a private agent or even to an allied government. Government bailouts are aimed at preventing the potential collapsing of the economy by insuring the corporations against collapse. Notably, there was a substantial bailout in…

turned in, Roosevelt then raised the price from 20 dollars to 35 dollars an ounce. There were a few bailouts thought the 20th century, but the large bailout, considered to be the bailout of the American economy, was in 2008. On October, 2nd, 2008 the Emergency Economic Stabilization Act was put into effect.…

In 2008, the stock market took a plunge and lost approximately 1.2 trillion dollars. Many factors led up to this incident such as the Lehman Brothers bankruptcy and Emergency Economic Stabilization Act. The fall of the housing market quickly followed shortly after. Homeowners across the nation found themselves with no choice but to foreclose their beloved home. Six years later, these victims, who are called “boomerang buyers,” are beginning to get back on their feet, and get back on track with…

a few. Government bailouts shouldn’t happen and companies that can’t succeed without government assistance should fall to the hands of the free market. The federal government has allocated billions of dollars to over 900 companies through the Emergency Economic Stabilization Act of 2008 or TARP (Times, 2016). In a section of this bill it states that some of these companies are to repay the funds received and then that money will be given back to the taxpayers (Times, 2016). However out of…